ZacksTrade: Fees, Features, and More (2026)

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 (2026)
Feature
Website https://www.zackstrade.com/
Broker Type Discount
Trading: Stock & ETF? Yes
ETF & Stock commission $0.01 per share (minimum $1); 1% of trade value below $1/share
Fractional Shares? No
Percent Allocations? Yes; Rebalance Portfolio
Crypto Trading? No
Crypto Fees Not applicable
Options Trading? Yes
Options Fee $1 for first contract + $0.75 per additional
Bond Trading Available? Yes; corporate and government bonds
Receives payment for order flow (PFOF)? Yes
Interface: Web trading? Yes
Desktop trading? Yes; Zacks Trade Pro/Client Portal/app
API Trading? No
Mutual Funds: Offered? Yes
Total Mutual Funds Not publicly stated
NTF Mutual Funds Not publicly stated
Non-NTF Fund Fee $27.50
Early Redemption Fee? Varies by fund
Redemption Hold (Days) Fund-specific
Early Redemption Fee Fund-specific
Accounts: Margin Accounts? Yes
IRAs Offered? Yes; Traditional, Roth, SEP, and Rollover
HSAs Offered? No
Money Market Sweep? No
CDs Offered? No
Robo-Advisor: Offered No
Robo-Advisor Service None
Robo-Advisor Fees Not applicable
Basics: Headquarters Chicago, IL
Year Founded 2013
Clearing Firm Interactive Brokers LLC
Local Branches? No; online broker
New Account Minimum $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 ZacksTrade to All Brokers