Comparison Fidelity vs Zacks Trade

The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Fidelity vs Zacks Trade. Is Fidelity or Zacks Trade a better online broker?

First of all, we’ll compare the commission fees of the two brokers. Fidelity has a commission fee of $4.95, and Zacks Trade has a commission fee of $0.01 per share with $1 minimum or 1% of trade value if <$1 per share. When analyzing trading options, the commission fees of Fidelity is $4.95 + $0.65, and that one of Zacks Trade is $1 for First Contract + $0.75 per additional. You can read more detailed information on commission fees in the online broker reviews.

It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading are provided to customers by Fidelity and Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading are provided by Zacks Trade. As for platforms, Fidelity offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while Zacks Trade offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App.

Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. Fidelity was founded in 1946 in United States, and it is regulated by SEC, FINRA, FCA (UK). And Zacks Trade was founded in Original company 1978, online brokerage 2008 in United States, and it is regulated by SEC, FINRA, SIPC. Withdrawal of funds from Fidelity can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $10 (Bank Wire). And Zacks Trade provides the ability to withdraw funds using Bank Wire with a withdrawal fee of 1 withdrawal free monthly. The withdrawal time for Fidelity is immediate (Bank Wire), and that one for Zacks Trade is 4-7 working days.

As a result, the rating of Fidelity is 4.3 stars versus that of Zacks Trade of 4 stars.

Overall Rating

 
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
 
Fidelity
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
Zacks Trade
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Mutual Funds
Bonds
Forex Spreads
CFDs
Futures
Metals
Cryptocurrency
Fidelity
Stock
$4.95
ETFs
No Transaction Fee
Options
$4.95 + $0.65
Mutual Funds
No Transaction Fee
Bonds
$14
Forex Spreads
N/A
CFDs
N/A
Futures
N/A
Metals
N/A
Cryptocurrency
N/A
Zacks Trade
Stock
$0.01 per share with $1 minimum or 1% of trade value if <$1 per share
ETFs
$0.01 per share with $1 minimum or 1% of trade value if <$1 per share
Options
$1 for First Contract + $0.75 per additional
Mutual Funds
$27.50
Bonds
Government Bonds: 0.025% Face Value + $3 per bond Corporate Bonds: 0.1% Face Value + $3 per bond
Forex Spreads
-
CFDs
-
Futures
-
Metals
-
Cryptocurrency
-

Types of trading

Types of trading
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Fidelity
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Zacks Trade
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading

Platforms

Platforms
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
Fidelity
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
Zacks Trade
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform

Tools

Tools
Research & Analysis
Education
Demo account
Fidelity
Research & Analysis
Education
Demo account
Zacks Trade
Research & Analysis
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
Fidelity
Android App
iOS App
Zacks Trade
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
Fidelity
Minimum deposit
$0
Bank Wire
Visa/Mastercard
Zacks Trade
Minimum deposit
$2,500
Bank Wire
Visa/Mastercard

Withdrawals

Withdrawals
Bank Wire
Visa/Mastercard
Withdrawal Time
Withdrawal Fee
Fidelity
Bank Wire
Visa/Mastercard
Withdrawal Time
Immediate (Bank Wire)
Withdrawal Fee
$10 (Bank Wire)
Zacks Trade
Bank Wire
Visa/Mastercard
Withdrawal Time
4-7 working days
Withdrawal Fee
1 withdrawal free monthly

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
Fidelity
Сountry of Origin
United States
Year Founded
1946
Regulated By
SEC, FINRA, FCA (UK)
Zacks Trade
Сountry of Origin
United States
Year Founded
Original company 1978, online brokerage 2008
Regulated By
SEC, FINRA, SIPC

Customer Service

Customer Service
Phone
Email
Live Chat
 
Fidelity
Phone
Yes
Email
Yes
Live Chat
No
Zacks Trade
Phone
Yes
Email
Yes
Live Chat
Yes

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