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Webull vs ZacksTrade

Webull is a good free trading app for more experienced investors. How does it compare to ZacksTrade? Read our comparison chart below.

Webull is a self-directed investment platform offering commission-free trading of stocks, ETFs, and options. It has a $0 minimum deposit and offers full extended hours trading. It also has a paper trading feature which lets you trade with unlimited virtual money.

While ZacksTrade offers stock trades starting at $3 per trade, and options trading at $3 + $0.75 per contract. This discount broker is known for its robust research tools. There is an account minimum of $2,500, no maintenance fee, and no inactivity fee.

Compare Webull with ZacksTrade, side-by-side.

 Webull
 Visit SiteLearn More
 

Webull

ZacksTrade

SPECIAL OFFER
20 Free Fractional Shares - Learn More

Read Webull Review

Get Up to $150 Transfer Fee Credit - Learn More

 

Benefits and Features

Stock Trading
$0
Greater than $1 per share: $0.01 per share, $1 minimum; Less than $1 per share: 1% of Trade Value, $1 minimum
Options Trading
$0
$1 for First Contract + $0.75 per additional
Annual Fee
None
 
Cryptocurrency Trading
Yes (Webull Pay App)
 
Minimum Deposit
$0
$2,500
Mutual Fund Trading
No
$27.50 (Greater than $1 per share)
Commission Free ETFs
Over 3,300 ETFs
 
Phone Support
24/7
 
Live Chat Support
None
 
Email SupportYes (customerservices@webull.us) 
Human Advisors
No
 
Robo Advisor
Yes
 
Assets Under Management
$15.7 Million
 
Penny Stocks
Yes
Less than $1 per share: 1% of the principle, $1 minimum.
Tax Loss Harvesting
No
 
Goal Tracker
No
 
Automatic Deposits
Yes
 
Broker Assisted Trades
Not available
No extra charge
Good ForExperienced investors; Active traders 
Inactivity Fee
$0
$0
Maintenance Fee
$0
$0
Online Platform
Yes
 
iPhone AppYes (4.7 stars, 296.2k ratings) 
Android App
Yes (4.3 stars, 188K ratings)
 
Banking
No
No
Mobile App
Yes
Yes, iOS & Android
Desktop App
Yes
ZacksTrader & ZacksTradePro
Two-Factor Authentication
Mobile Only
 
Forex Trading
No
No
Futures Trading
No
No
Bond Trading
No
 
CFD Trading
No
 
Currency Trading
No
 
Customer Service
24/7 via phone and email
9am - 6pm ET - Call (312) 265-9406 (local) or (888) 979-2257 (toll free)
Locations
Online only
No physical locations
Online Community
Yes
 
Seminars
Yes
 
Trading PlatformDesktop, Web Trading, Mobile Apps 
Virtual TradingYes. Free paper trading account with unlimited fake moneyCan request demo account pre-loaded with $1 Million in paper trading funds. Access for 90 days.
Fractional Shares
Yes
 
Taxable Accounts
Yes
 
401k Plans
No
 
IRA Accounts
Yes
 
Roth IRA Accounts
Yes
 
SEP IRA Accounts
No
 
Trust Accounts
No
 
529 Plans
No
 
 

CreditDonkey® Reviews

 Webull
Stock TradingStarStarStarStarEmpty Star
Options TradingStarStarStarStarHalf Star
Mobile AppStarStarStarStarHalf Star
Commissions and FeesStarStarStarStarStar
Ease of UseStarStarStarEmpty StarEmpty Star
ResearchStarStarStarStarEmpty Star
Pros & ConsPros:
  • No trade fees
  • Advanced research tools
  • Extended trading hours
  • Offers fractional shares
Cons:
  • Not beginner friendly
Bottom LineGood free trading app for more experienced investors... Read full review
 Visit SiteLearn More

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

ZacksTrade: Pricing information from published website as of 07/10/2020

Webull

20 Free Fractional Shares

Expires 12/2/2024

Open a new Webull individual brokerage account. Make a single initial deposit of $500 - $1,999.99 during the promotional period to get 20 fractional shares, each valued between $3 - $3,000. Maintain a balance of $500 - $1,999.99 in the account for 30 days or more. Terms and conditions apply.

Webull

40 Free Fractional Shares

Expires 12/2/2024

Open a new Webull individual brokerage account. Make a single initial deposit of $2,000 or more during the promotional period to get 40 fractional shares, each valued between $3 - $3,000. Maintain a balance of at least $2,000 in the account for 30 days or more. Terms and conditions apply.

Webull

Up to $100 Transfer Fee Reimbursement

Transfer fees of up to $100 will be reimbursed when you make an initial transfer of $2,000 or more.

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Webull or Robinhood.


Articles on Webull

Webull Review

Webull offers $0 trades for stocks, ETFs, and options. But it's not perfect. Find out if Webull fits your investing needs.

Is Webull Safe

Webull is one of the most popular apps for investing. But is it safe? Keep reading to see how it protects your money.

Which Do You Think is Best?





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