Q: What is Zacks Trade?
A: Zacks Trade is a discount broker and investment platform that provides online trading services to individuals and institutions. It offers low-cost commissions, advanced trading tools, and access to global stock markets.
Q: What types of accounts can I open with Zacks Trade?
A: Zacks Trade offers individual, joint, corporate, and retirement accounts (such as traditional and Roth IRAs) for both US and international customers.
Q: What are Zacks Trade’s fees and commissions?
A: Zacks Trade charges $0.01 per share for trades on U.S. stocks (with minimum commissions of $3), $0.01 per share for Canadian stocks, and $0.03 per share for orders on international stocks. The platform also charges a $2.50 monthly maintenance fee for accounts with less than $2,500 in assets.
Q: What are the trading platforms available on Zacks Trade?
A: Zacks Trade offers several trading platforms, including the ZacksTrader Pro, a downloadable software platform with advanced trading tools, and their web-based platform, which allows traders to manage their portfolios from anywhere with internet access.
Q: What investment products can I access with Zacks Trade?
A: Zacks Trade users can trade a wide array of investment products, including stocks, bonds, options, mutual funds, ETFs, and forex.
Q: Does Zacks Trade offer customer support?
A: Yes, Zacks Trade provides customer support through email, phone, and live chat. They also have an extensive knowledge base and educational resources, including webinars and videos.
Q: Is Zacks Trade a safe and reliable broker?
A: Yes, Zacks Trade is a registered broker-dealer with the SEC and a member of the SIPC, providing protection up to $500,000 per account in case of broker insolvency. The platform also employs 128-bit SSL encryption to keep user data and financial information secure.
Q: Can I open a demo account with Zacks Trade?
A: No, Zacks Trade does not offer demo accounts at this time. However, they do offer a free trial for their ZacksTrader Pro platform.
PLEASE NOTE: Some of the articles have been created by Artificial Intelligence for marketing purpose. Not all of them has been reviewed by humans so these articles may contain misinformation and grammar errors. However, these errors are not intended and we try to use only relevant keywords so the articles are informative and should be close to the truth. It’s recommended that you always double-check the information from official pages or other sources. Also, the articles on this website are not investment advice. Any references to historical price movements or levels are informational and based on external analysis and we do not warrant that any such movements or levels are likely to reoccur in the future.
In accordance with the requirements set by the European Securities and Markets Authority (ESMA), trading with binary and digital options is only available to customers categorized as professional clients.
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