SogoTrade vs ZacksTrade Comparison: Fees, Features, and More (2026)

SogoTrade and ZacksTrade are two leading discount brokerages offering commission-free stock and ETF trading. Use this head-to-head comparison table to evaluate fees, features, trading tools, and account options to help you decide which broker is right for you in 2026.

Head-to-Head Comparison: SogoTrade vs ZacksTrade (2026)
Feature SogoTrade ZacksTrade
Website https://www.sogotrade.com/ https://www.zackstrade.com/
Broker Type Discount (online self-directed) Discount
Trading: Stock & ETF? Yes Yes
ETF & Stock commission $0 qualifying limit (100+ sh or ≥$2k principal, ≥$1/sh); $2.88 market/odd-lot/OTC $0.01 per share (minimum $1); 1% of trade value below $1/share
Fractional Shares? No No
Percent Allocations? No Yes; Rebalance Portfolio
Crypto Trading? Yes, via Bakkt (individual non-retirement accounts; ~33 coins; all 50 US states, NY USDC restriction). No
Crypto Fees Greater of $1 or 1% of trade value (Bakkt); other account fees may apply. Not applicable
Options Trading? Yes. Yes
Options Fee $0 + $0.50 per contract online; $25 + $0.50 broker-assisted; plus ORF/OCC/regulatory fees. $1 for first contract + $0.75 per additional
Bond Trading Available? Yes, broker-assisted only ($30 + $1 per bond, $250 max) for Treasuries, corporates, CDs. Yes; corporate and government bonds
Receives payment for order flow (PFOF)? Yes Yes
Interface: Web trading? Yes (SogoTrade Pro web platform and mobile app). Yes
Desktop trading? No Yes; Zacks Trade Pro/Client Portal/app
API Trading? No No
Mutual Funds: Offered? Yes, broker-assisted only Yes
Total Mutual Funds Not verified Not publicly stated
NTF Mutual Funds None Not publicly stated
Non-NTF Fund Fee $25 broker-assisted $27.50
Early Redemption Fee? Not verified Varies by fund
Redemption Hold (Days) not applicable Fund-specific
Early Redemption Fee not applicable Fund-specific
Accounts: Margin Accounts? Yes Yes
IRAs Offered? Yes Yes; Traditional, Roth, SEP, and Rollover
HSAs Offered? No No
Money Market Sweep? No No
CDs Offered? No No
Robo-Advisor: Offered Yes No
Robo-Advisor Service Power Portfolios None
Robo-Advisor Fees 0.75% Not applicable
Basics: Headquarters New York, NY Chicago, IL
Year Founded 1986 2013
Clearing Firm Apex Clearing Interactive Brokers LLC
Local Branches? No No; online broker
New Account Minimum unavailable $0

Once you’ve chosen a broker, find high-performing, investable model portfolios at RecipeInvesting.com


Picked a Broker? Now Build Your Perfect Portfolio

Find high-performing, investable model portfolios (Tactical, Strategic, and Managed) at RecipeInvesting.com.

Get FREE Access
Recipe Investing Logo

Compare SogoTrade to All Brokers