Comparison Vanguard vs Zacks Trade

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

Firstly, let’s compare commission fees provided by these brokers for regular transactions. Vanguard has a commission fee of $7 per trade (first 25), 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 Vanguard is $7+$1 per contract (first 25), and that one of Zacks Trade is $1 for First Contract + $0.75 per additional. The full online broker reviews contains more detailed information on the brokers’ commission fees.

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 are provided to customers by Vanguard and Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading are provided by Zacks Trade. Concerning the platforms, Vanguard uses 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. Vanguard was founded in 1975 in USA, and it is regulated by Various local Jurisdictions. 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 Vanguard can be done using Bank Wire with a withdrawal fee of $10. 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 Vanguard is 3 Business days, and that one for Zacks Trade is 4-7 working days.

As a result, the rating of Vanguard is 3.9 stars versus that of Zacks Trade of 4 stars.