Comparison Webull vs Zacks Trade
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Webull vs Zacks Trade. Which of them: Webull or Zacks Trade a better online broker?
First of all, we’ll compare the commission fees of the two brokers. The commission fee of Webull on regular transactions of the stock exchange is commission Free, and Zacks Trade has a commission fee of $0.01 per share with $1 minimum or 1% of trade value if <$1 per share. 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 Webull provides customers with Stocks Trading, ETFs Trading, and Zacks Trade provides customers with Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading. Concerning the platforms, Webull 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.
In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. Webull was established in 2017 in USA, and it is regulated by SEC & FINRA. And Zacks Trade was established in Original company 1978, online brokerage 2008 in United States, and it is regulated by SEC, FINRA, SIPC. Withdrawal of funds from Webull can be done using Bank Wire with a withdrawal fee of $45 (International Wire). And Zacks Trade provides the ability to withdraw funds using Bank Wire with a withdrawal fee of 1 withdrawal free monthly. The time for withdrawal in Webull is 2 business days, and that one in Zacks Trade is 4-7 working days.
Overall, Webull boasts 4.1 stars versus Zacks Trade 4 stars.