ZacksTrade: Fees, Features, and More (2025)

ZacksTrade distinguishes itself with a per‑share commission model, a professional desktop platform (ZacksTrader) backed by Interactive Brokers clearing, and one of the broadest mutual‑fund lineups in the industry—over 12,000 funds, including 4,000 no‑transaction‑fee choices. Investors can diversify further with options, bonds, CDs, and crypto through Paxos, all managed in a single account.

Detailed feature breakdown for ZacksTrade brokerage (2025)
Feature
Website https://www.zackstrade.com/
Broker Type Discount
Trading: Stock & ETF? Yes
ETF & Stock commission $0.01 per share (minimum $1)
Fractional Shares? No
Percent Allocations? No
Crypto Trading? Yes, via Paxos
Crypto Fees 0.18%
Options Trading? Yes
Options Fee 50 to 75 cents
Bond Trading Available? Yes
Pays for Order Flow (PFOF)? Yes
Interface: Web trading? Yes
Desktop trading? Yes; ZacksTrader
API Trading? No
Mutual Funds: Offered? Yes
Total Mutual Funds Over 12,000
NTF Mutual Funds Over 4,000
Non-NTF Fund Fee $27.50
Early Redemption Fee? Yes
Redemption Hold (Days) 180 days
Early Redemption Fee 1%
Accounts: Margin Accounts? Yes
IRAs Offered? Yes
HSAs Offered? No
Money Market Sweep? No
CDs Offered? Yes
Robo-Advisor: Offered No
Robo-Advisor Service Zacks Advantage
Robo-Advisor Fees 0.25% to 0.70%
Basics: Headquarters Chicago, IL
Year Founded 2014
Clearing Firm Interactive Brokers
Local Branches? No
New Account Minimum $0

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