ZacksTrade vs Interactive Brokers
ZacksTrade | Interactive Brokers | |
---|---|---|
Referral Program - $200 Bonus - | ||
Benefits and Features | ||
Stock Trading | Greater than $1 per share: $0.01 per share, $1 minimum; Less than $1 per share: 1% of Trade Value, $1 minimum | IBKR Lite: $0 per share (min $0 per order) IBKR Pro - Fixed: $0.0005 per share (min $1.00 per order, max 1.0% of trade value). IBKR Pro - Tiered: Starts at $0.0035 per share for less than 300,000 shares (min $0.35 per order, max 1% of trade value) |
Options Trading | $1 for First Contract + $0.75 per additional | $0.15-$0.65 per contract ($1 minimum per order) |
Minimum Deposit | ||
Mutual Fund Trading | $27.50 (Greater than $1 per share) | $0 for no-transaction-fee funds. For transaction-fee funds, 3% trade value OR $14.95, per transaction, whichever is less, for transaction-fee funds |
Commission Free ETFs | ||
Penny Stocks | Less than $1 per share: 1% of the principle, $1 minimum. | |
Broker Assisted Trades | ||
Inactivity Fee | ||
Maintenance Fee | ||
Banking | ||
Mobile App | ||
Desktop App | ||
Forex Trading | Available for qualified customers | |
Futures Trading | ||
Customer Service | 9am - 6pm ET - Call (312) 265-9406 (local) or (888) 979-2257 (toll free) | United States: Monday-Friday 8am - 10pm ET; Sunday 1pm - 7pm ET (24/7 Weekday service available in other countries) |
Locations | ||
Online Community | ||
Seminars | ||
Virtual Trading | Can request demo account pre-loaded with $1 Million in paper trading funds. Access for 90 days. | |
CreditDonkey® Reviews | ||
Stock Trading | ||
Options Trading | ||
Mutual Fund Trading | ||
Online Platform | ||
Banking | ||
Mobile App | ||
Commissions and Fees | ||
Ease of Use | ||
Research | ||
Pros & Cons | Pros:
| |
Bottom Line | Good discount broker for experienced, high volume traders... | |
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 Interactive Brokers: Pricing information from published websites as of 10/17/2023. |