Account Protection Is Our Priority

We take account security and protection very seriously. From cutting edge encryption technology to multiple login protections, we take every precaution to ensure your assets are safe and your account is secure.

Secure Login System

In addition to a creating a unique username and password, all Zacks Trade clients receive a security code device that generates a unique, random numbers that must also be entered each time you log in. In lieu of using a physical card, clients can use our HandyKey app for smartphones.

Using our secure login system adds an essential extra layer of security to your account. It also enables us to offer you higher daily and weekly withdrawal limits.

If you have multiple accounts, you don’t need multiple security devices. You can share a device among multiple usernames registered to the same individual.

There is no minimum asset requirement to receive a Secure Login System device. Zacks Trade is committed to the protection of accounts of all sizes.

Participation in the Secure Login System is mandatory. Zacks Trade recommends clients to request a secure log in card when they fund their account. Otherwise, new clients will automatically receive a card by mail the following month that the account is opened.

Additional Security Features

   Secure Socket Layer

Zacks Trade uses 128-bit SSL encryption to secure the connection between your computer and Zacks Trade. (Using SSL may impact performance on some PCs).

   Login Limit

ZacksTrade Pro also lets you restrict account access to specific IP addresses. In cases where multiple traders have access to an account, these restrictions can be set at the individual trader level.

   Security Monitoring

We maintain a dedicated security team using state of the art monitoring to detect suspicious activity. If we note any such activity, we’ll contact you to verify it. If you believe your account has been compromised, call Zacks Trade immediately at 888.979.2257.

   Automatic Logoff

You’ll be logged out automatically after a specified period of inactivity.

   Failed Login Attempts

Zacks Trade restricts account access after a set number of failed login attempts.

Account Insurance Protection

Customer securities accounts at ZacksTrade, a division of LBMZ Securities, are protected by the Securities Investor Protection Corporation (“SIPC”) for a maximum coverage of $500,000 (with a cash sublimit of $250,000)1, and under our clearing firm’s excess SIPC policy with certain underwriters at Lloyd’s of London for up to an additional $30 million (with a cash sublimit of $900,000) subject to an aggregate limit of $150 million. As with all securities firms, SIPC coverage provides protection against failure of a broker-dealer, not against loss of market value of securities.2 Please note that SIPC Insurance Protection does not protect accounts that are compromised or when fraudulent activity occurs. Please visit the SIPC website here to learn more.

1 For the purpose of determining a ZacksTrade customer account, accounts with like names and titles (e.g. John and Jane Smith and Jane and John Smith) are combined, but accounts with different titles are not (e.g. Individual/John Smith and IRA/John Smith).

2 SIPC is a non-profit, membership corporation funded by broker-dealers that are members of SIPC. For more information about SIPC and answers to frequently asked questions (such as how SIPC works, what is protected, how to file a claim, etc.), please refer to the following websites:
http://www.SIPC.org
http://www.finra.org/InvestorInformation/InvestorProtection/SIPCProtection/index.htm