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.