Zacks Trade Coupons & Discount Codes 2025

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Zacks Trade Coupon 2025: Smart Investor's Top Deals & Low-Cost Trading!

Zacks Trade

Zacks Trade, a US-based discount broker, caters to active traders with its advanced tools and extensive research resources. As an introducing broker to Interactive Brokers, Zacks Trade provides access to a wide range of markets, including international stocks and ETFs. 

Zacks Trade is known for low fees, including low stock/ETF fees. While Zacks Trade may occasionally provide promotions, such as a cash bonus for opening a new account and funding it with a qualifying deposit, it doesn't offer many promotions or bonuses to attract new clients. 

This article will explore Zacks Trade's offerings, including account setup, tradable assets, platform features, and frequently asked questions, to provide a complete guide for potential users.

Step-by-Step Guide to Activating a Zacks Trade Account

Here's a concise guide to get your Zacks Trade account up and running:

Zacks Trade Open an Account

  • Account Type and Details: Select your desired account type (individual, joint, retirement, or trust). Then, provide personal details like your residency, address, date of birth, and taxpayer ID. Non-U.S. residents will need to upload a copy of their passport.

Zacks Trade Account Type

  • Trading Experience Survey: Complete the trading experience survey, and specify your investment goals.
  • Verification and Funding: Upload proof of identification and residency documents. After Zacks Trade verifies your account, fund it with a minimum deposit of $250 via bank transfer to begin trading.

Assets and Tradable Instruments Offered by Zacks Trade

Zacks Trade provides access to a variety of assets and instruments, catering to different investment strategies:

Asset Class Description
Stocks Access to US and international stocks, including penny stocks and OTC stocks.
ETFs A wide selection of Exchange Traded Funds, including those covering international markets.
Options Options trading with a commission of $1 for the first contract and $0.75 for each additional contract.
Bonds Corporate and government bonds with fees varying based on face value.
Mutual Funds Available, but commissions are relatively high, with minimum commissions of $27.50 per trade.
Cryptocurrency Cryptocurrency trading is available.

Zacks Trade does not offer futures or forex trading as asset classes.

Standalone Features of Zacks Trade

Zacks Trade, headquartered in Chicago, Illinois, is designed for active traders, providing an array of powerful trading tools and extensive research resources. A key feature is access to the Zacks Rank system from Zacks Investment Research, Inc., which is exclusively available and free upon opening a Zacks Trade account. 

This tool allows users to search for Zacks Rank #1 stocks by theme, sector, and industry and create orders directly within the tool. The platform also provides access to over 20 free subscriptions for research and market analysis, enhancing trading decisions.

Platforms & Instruments

  • Trading/Charting Platform: Zacks Trade Pro (desktop), Zacks Trader (browser-based), Client Portal, and mobile app.
  • Tradable Assets: Stocks, ETFs, options, bonds, mutual funds, and cryptocurrency.

FAQs on Zacks Trade Offers, Deals, and Bonuses

  • Does Zacks Trade Offer Bonuses? 

While not many, Zacks Trade may occasionally offer a cash bonus for new accounts.

  • What is the Minimum Deposit?

A minimum deposit of $250 is required to open a Zacks Trade account.

  • Are there Inactivity Fees? 

Yes, there is a $15 monthly inactivity fee for accounts under $25,000.

  • Does Zacks Trade Offer Forex Trading? 

No, Zacks Trade doesn't offer futures, forex or CFDs.

  • What are the Commission Fees? 

Fees start at $0.01 per share for stocks and ETFs (minimum $1), and $1.75 for cryptocurrencies.

The Bottom Line

Zacks Trade Logo

Zacks Trade is a suitable option for active traders seeking low fees and access to extensive research tools. While Zacks Trade may provide occasional bonus opportunities like cash bonuses, its strengths lie in its trading platforms and analytical resources. 

By understanding the account setup process, available assets, and platform features, traders can make informed decisions about using Zacks Trade for their investment activities, keeping in mind any potential bonus offers.