Comparison TD Ameritrade vs Zacks Trade
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares TD Ameritrade vs Zacks Trade. Is TD Ameritrade or Zacks Trade a better online broker?
First of all, we’ll compare the commission fees of the two brokers. TD Ameritrade has a commission fee of $6.95, 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 TD Ameritrade is $6.95 + $0.75, and that one of Zacks Trade is $1 for First Contract + $0.75 per additional. For trading in Forex, the commission fee of TD Ameritrade is $0.10 per 1,000 units, while the commission fee of Zacks Trade is -. The full online broker reviews contains more detailed information on the brokers’ commission fees.
Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are TD Ameritrade provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, and Zacks Trade provides customers with Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading. Concerning the platforms, TD Ameritrade uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while Zacks Trade uses 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. TD Ameritrade was founded in 1975 in United States, and it is regulated by SEC, FINRA. And Zacks Trade was founded in Original company 1978, online brokerage 2008 in United States, and it is regulated by SEC, FINRA, SIPC. We can withdraw funds from TD Ameritrade with the help of Bank Wire, and its withdrawal fee is free. And Zacks Trade provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is 1 withdrawal free monthly. The withdrawal time for TD Ameritrade is one Business Day, and that one for Zacks Trade is 4-7 working days.
As a result, the rating of TD Ameritrade is 4.5 stars versus that of Zacks Trade of 4 stars.