ZacksTrade Promotions

Current ZacksTrade promotion code: $1 trades + $150 account transfer reimbursment. November 2022 best ZacksTrade promotions for opening new account or for existing customers depositing cash into regular brokerage account, ROTH IRA, or 401K rollover IRA.

ZacksTrade Promotion Code

Open ZacksTrade Account

ZacksTrade Promotion Code Details

Trade US Stocks, options and ETFs for as low as $1 per trade. Offer valid for those that fund a new Zacks Trade account by 12/31/21 with $2,500 or more, funding must occur within 60 calendar days of account opening. Offer limited to one account of each account type per customer, current customers eligible should the new account be of different type than their current account. US Stocks and ETFs priced above $1 per share will be subject to a commission of $0.01 per share with a $1 minimum. US Stocks priced below $1 per share will be subject to a commission equal to 1% of the principal (# of shares x price per share) with a $1 minimum. The first option in an order will be subject to a commission of $1. If a multi-leg order, the first option in each leg will be incur a commission of $1. Additional option contracts in excess of the first contract will remain $0.75 each. The offer does not apply to foreign stock transactions, large block transactions requiring special handling, restricted stock transactions or foreign ordinary shares that trade online in the U.S. over-the-counter (OTC) market and do not settle in the U.S. Offer is not transferable and not valid with internal transfers. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business. Offer not valid for employees of Zacks Trade or Zacks companies. Zacks Trade reserves the right to restrict or revoke this offer at any time.

Zacks Trade will pay your transfer fee (up to $150) on full account transfers of at least $5,000. Simply fill out Account Transfer Reimbursement Request and show proof of the transfer charge.

ZacksTrade Review

ZacksTrade rating

Read detailed ZacksTrade Review

ZacksTrade Trading Tools

Options trading is what ZacksTrade is all about. The platform is great for any kind of trading but the tools and features make it a one of a kind trading station. First off, stock and index quotes are easy to read, the quote pages are filled with the information traders want to know such as volume, open interest, short ratio, earnings data and the latest news. Options chains are equally easy to read and quickly accessible from every page on the website from the quotes to the charts. Trading can be executed a number of ways starting with the actual trading screens and it is even possible to trade directly from the charts.

ZacksTrade Promotion

The platform is very versatile and allows for complex orders involving triggers, stops and limits. The charts are also top shelf; ZacksTrade uses interactive Java Charts which provide real time streaming access to any asset your account is enabled for. The charts include 100's of standard technical analysis tools such as moving averages, Fibonacci Retracements, RSI, stochastic and MACD.

There are a number of versatile trading tools to compliment the charts. These include market and fundamental research as well as others attractive to active options traders. The Dragon may be the most useful but not the only one available. It allows you to input criteria according to your own strategies, no matter how advanced, and then scans the market looking for trade set ups. These could include calendar spreads, butterflies, iron condors and any other option strategy of your devise. The tool returns possible trades ranked in order and includes relevant options information so you can act as quickly as possible.

The Strategy Scan is a more focused version of the Dragon, it scans the market looking for trade set ups based on common strategies such as covered calls, calendar spreads, collars and strangles then lists the trades ranked by probability. Another useful tool, on a par with the Dragon, is the OptionsPricer. The Pricer is an interactive options chain that includes all the Option Greeks and allows you to change inputs to see how time, the price of the underlying asset and volatility affect the value of your target options.

ZacksTrade Overview

The fees at ZacksTrade are $1.00+ for stock and ETF trades, and $27.50 for no-load mutual funds transactions. ZacksTrade also offers competitive pricing on futures but high rates on margin accounts. Minimum to open cash account is $0, margin account - $2,000.

ZacksTrade has remarkably few fees and surcharges - almost no other brokerage firm has so few. There are absolutely no hidden fees and no hefty trading platform charges. The company offers fee-free individual retirement accounts as well as free dividend reinvestment - just call customer service to set it up.

ZacksTrade is known to provide users with excellent customer service. If you decide to call the firm, and place an order with a help of the broker, there is no surcharge for it (very rare among online brokers). The company also offers a bunch of very valuable features for free: virtual trading and online classes.

ZacksTrade is a necessity for any trader, regardless of experience or level. There is no account minimum except for margin accounts. Once the account is open all the tools and features are available to use. Trading can start as soon as the money transfer clears. It is also super easy to shift accounts from other brokerages.

ZacksTrade is an excellent option for mutual funds investors. Thanks to great trading and research tools, the company is also very popular among options traders. Retirement account seekers and "buy and hold" investors will be pleased with no IRA and account inactivity fees.

About the Author
Chad Morris is a financial writer with more than 20 years experience as both an English teacher and an avid trader. When he isn’t writing expert content for, Chad can usually be found managing his portfolio or building a new home computer.