Commission and fee schedules

Secondary Heading

U.S. commissions

Stocks & ETFs
(Greater than $1 per share)
$0.01 per share
*$1 minimum
Stocks & ETFs
(Less than $1 per share)
1% of trade value
*$1 minimum
Options $1 for first contract
+ $0.75 per additional
Options exercise / assignment fee Free
Broker assisted trades No extra charge
Mutual fund trades
(Greater than $1 per share)
$27.50
Broker assisted trades No extra charge
Up to 10,000 face value
0.1% * face value
+ $3 per bond
Remaining face value $0.025% * face value
+ $3 per bond
Broker assisted trades No extra charge
Up to $1 million face value
0.025% * face value
+ $3 per bond
Remaining face value 0.005% * face value
+ $3 per bond
Broker assisted trades No extra charge

*Our Pricing Guide is currently being updated. Please contact us for more information.

Minimums & additional fees

Required minimum initial deposit for new accounts
$250
Inactivity fee
$15/ month for accounts under $25,000 with less than $15 in commission fees each month
Access to ZRTT, the Zacks Rank Trading Tool
Free
(with a $250 account balance or initial account deposit of at least $250)
Access to all platforms Free
Automated customer account transfer Free
(incoming/outgoing)
Corporate actions Free
Withdrawals Free
(one per 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 Free

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1 Zacks Trade's margin rate starts at 8.83% compared to Charles Schwab (rate starting at 13.075%), E*Trade (rate starting at 13.7%), Fidelity (rate starting at 13.075%) and Vanguard (rate starting at 13.25%). Zacks Trade commissions for stocks start at $0.01 per share with a $1.00 minimum. Competitor margin rates obtained from published websites as of 9/23/2024 are believed to be accurate but not guaranteed. Some of the brokers may reduce margin interest rates depending on account activity or margin debit balances. Comparisons do not include competitor discounts or promotions.