ZacksTrade Commissions and Fees Schedule (2023)

ZacksTrade fees schedule, commissions, broker stock trading cost, annual and inactivity charges, online investing account pricing, and cash sweep rates.

ZacksTrade Commission Structure

Stocks and ETFs $0.01 per share with $1 minimum
Stocks and ETFs (less than $1 per share) 1% of trade value with $1 minimum
Options $1 for first contract + $0.75 per additional
Options exercise/assignment fee free
Mutual funds $27.50
Corporate and municipal bonds 0.1% * face value + $3 per bond if <= $10,000 face value; 0.025% * face value + $3 per bond if > $10,000 face value
Treasuries (bills, notes, bonds) 0.025% * face value + $3 per bond if <= $1,000,000 face value; 0.005% * face value + $3 per bond if > $1,000,000 face value

Investments stocks, options, mutual funds, ETFs, bonds
ZacksTrade minimum deposit to open account $2,500

ZacksTrade Margin Rates

Debit Balance Margin Rate
$0 - $100,000 8.07%
$100,001 - $1,000,000 7.57%
$1,000,001 - $3,000,000 7.23%
$3,000,001+ 7.07%

ZacksTrade Additional Fees

Inactivity Fee
Access to all Platforms Free
Automated Customer Account Transfer Free
Corporate Actions Free
Withdrawals Free
(1 Every 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 None


Open ZacksTrade Account

ZacksTrade Annual Fee

There is no monthly or annual fee at ZacksTrade. This applies to all accounts.

ZacksTrade Maintenance Fee

ZacksTrade has $0 maintenance fee.

ZacksTrade Commissions, Fees, and Account Requirements

The broker starts off this section with zero account fees. There is no annual fee or any charge for a low balance or inactivity. The broker-dealer does require a $2,500 deposit to open a securities account.

Equity transactions cost 1¢ per share with a $1 minimum. The stock or ETF price must be at least $1 to qualify for this rate. Penny stocks cost 1% of trade value with the same $1 minimum. Amazingly, there is no additional charge for using a live broker to submit an order.

For options, ZacksTrade charges $1 for the first contract and 75¢ for each additional derivative. A great feature we really liked about ZacksTrade is that the broker charges absolutely nothing for option exercises and assignments.

Bonds are available at Zacks, and they cost 0.1% of face value plus $3 per individual bond. After reaching $10,000 of face value, the rate goes down to 0.025%. These prices are for corporate debt. U.S. Treasuries cost 0.025% of face value for the first million dollars; after reaching that level, the price drops to 0.005%. The same $3 per-bond charge is applied.

As already mentioned, ZacksTrade offers access to international markets. Trades can be placed on a range of national exchanges. For example, Canadian stocks cost $0.02 CAD per share with a $4.50 CAD minimum. Canadian penny stocks can be traded at 1% of trade value.

British stocks are 0.3% of trade value with a £12 minimum per order. Stocks on EU exchanges have the same pricing except that instead of pounds, you'll be looking at euros.

Moving to Asia, the same 0.3% price remains. In Hong Kong, the minimum commission is $120 HKD; in Japan it is ¥1200; in Australia it's $16 AUD; and in Singapore it is $20 SGD.

ZacksTrade doesn't charge a dime for its software. However, the broker does charge for data, and we found the prices to be rather steep. For example, U.S. stock and futures data cost $10 per month. This charge will be waived if you trade at least $30 in commission per month. Data from NYSE and Nasdaq costs anywhere from $1 per month up to $25, depending on the specific package you need. Bond data is free. Data on foreign exchanges also comes with fees. Professional traders face steep prices on both domestic and foreign exchanges.

In exchange for its low fees, ZacksTrade has one obnoxious charge: every ACH after one in the month costs $1. Making a withdrawal by paper check or wire won't circumvent the charge because these actions carry fees, too ($4 and $10).

ZacksTrade Incentive, Review and Website Link

Read full ZacksTrade Review.

ZacksTrade incentive: Get margin rate as low as 8.07%.

ZacksTrade fees are as of 2023 and are subject to change. For the most recent information on ZacksTrade fees go to their website:

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About the Author
Arthur Chachuna is professional personal finance blogger, and the owner of He has been an avid investor for 23 years, and has background in both applied math and programming.