U.S. commissions
|
Stocks & ETFs (Greater than $1 per share) |
$0.01 per share *$1 minimum |
|
Stocks & ETFs (Less than $1 per share) |
1% of trade value *$1 minimum |
| Options |
$1 for first contract + $0.75 per additional |
| Options exercise / assignment fee |
Free |
| Broker assisted trades |
No extra charge |
|
Mutual fund trades (Greater than $1 per share) |
$27.50 |
| Broker assisted trades |
No extra charge |
|
Up to 10,000 face value |
0.1% * face value + $3 per bond |
| Remaining face value |
$0.025% * face value + $3 per bond |
| Broker assisted trades |
No extra charge |
|
Up to $1 million face value |
0.025% * face value + $3 per bond |
| Remaining face value |
0.005% * face value + $3 per bond |
| Broker assisted trades |
No extra charge |
*Our Pricing Guide is currently being updated. Please contact us for more information.
Minimums & additional fees
|
Required minimum |
$2,500 |
|
Inactivity fee |
$15/month for accounts under $25,000 |
| Access to all platforms |
Free |
| Automated customer account transfer |
Free (incoming/outgoing) |
| Corporate actions | Free |
| Withdrawals |
Free (one per month) Any subsequent withdrawal in the same month is $1 for an ACH, $4 for a check and $10 for a wire. |
| Order cancellation | Free |
| IRA custodial fee | Free |
1Zacks Trade's margin rate starts at 8.83% compared to Charles Schwab (rate starting at 13.575%), E*Trade (rate starting at 14.2%), Fidelity (rate starting at 13.575%), TD Ameritrade (rate starting at 14.75%) and Vanguard (rate starting at 13.75%). Zacks Trade commissions for stocks start at $0.01 per share with a $1.00 minimum. Competitor margin rates obtained from published websites as of 7/27/2023 are believed to be accurate but not guaranteed. Some of the brokers may reduce margin interest rates depending on account activity or margin debit balances. Comparisons do not include competitor discounts or promotions.