Commission

What is the commission for penny stocks?

If you are trading stocks priced under $1 per share, the commission is 1% of the principle at the $1 minimum.

When do I get charged commission?

Commission is charged when the trade is filled. You may modify or cancel an open order at no additional charge.

Does Zacks Trade charge exercise and/or assignment fees?

No. You will see the exercise or assignment results take place without a fee.

What is the commission for option spreads?

The option commission is set on a per leg basis. Therefore, the base commission for the first contract is charged on each side.

Does Zacks Trade charge inactivity and/or maintenance fees?

We do not charge inactivity fees or maintenance fees. We also do not have any IRA Custodial fees.