Broker comparison

E*TRADE vs.
Zacks Trade

Which broker fits your needs?

Platforms, products and fees side by side.

Updated: October 2026

See comparison

Summary

Your goal decides.

E*TRADE has a higher rating of 4.3/5 compared to Zacks Trade (4/5). The minimum deposit is lower at E*TRADE with 0 $. E*TRADE has been in the market since 1982, making it the more experienced provider.

Established US broker by Morgan Stanley with strong options platform

US broker with access to international markets and Zacks research

At a glance

The key differences

Criterion
PlatformsE*TRADE Web, Power E*TRADE, E*TRADE AppZacks Trade Web, Zacks Trade App, TWS
Product typesStocks, ETFs, Options, Bonds, Mutual Funds, FuturesStocks, ETFs, Options, Bonds, Mutual Funds, Futures
Options tradingYes, comprehensive options trading with Power E*TRADEYes, US options from $0.75 per contract
Fee model$0 commission on stocks and ETFs, options $0.65 per contract ($0.50 for 30+ trades)Stocks from $0.01 per share (min. $3), options from $0.75 per contract
Minimum deposit0 $2.500 $
RegulationSEC/FINRASEC/FINRA
More informationDetailsDetails

Platforms

E*TRADE

E*TRADE Web, Power E*TRADE, E*TRADE App

Zacks Trade

Zacks Trade Web, Zacks Trade App, TWS

Product types

E*TRADE

Stocks, ETFs, Options, Bonds, Mutual Funds, Futures

Zacks Trade

Stocks, ETFs, Options, Bonds, Mutual Funds, Futures

Options trading

E*TRADE

Yes, comprehensive options trading with Power E*TRADE

Zacks Trade

Yes, US options from $0.75 per contract

Fee model

E*TRADE

$0 commission on stocks and ETFs, options $0.65 per contract ($0.50 for 30+ trades)

Zacks Trade

Stocks from $0.01 per share (min. $3), options from $0.75 per contract

Minimum deposit

E*TRADE

0 $

Zacks Trade

2.500 $

Regulation

E*TRADE

SEC/FINRA

Zacks Trade

SEC/FINRA

More information

E*TRADE

Details

Zacks Trade

Details

Product access and costs depend on market, account and permissions.

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

$0 commission on stocks and ETFs, options $0.65 per contract ($0.50 for 30+ trades)

Published fee
$0 commission on stocks and ETFs, options $0.65 per contract ($0.50 for 30+ trades)
Minimum deposit
0 $
See terms at provider

Stocks from $0.01 per share (min. $3), options from $0.75 per contract

Published fee
Stocks from $0.01 per share (min. $3), options from $0.75 per contract
Minimum deposit
2.500 $
See terms at provider

The relevant costs depend on market, currency, order size and trading style.

Execution quality

Order type, venue and liquidity affect execution.

Check the provider’s execution policy and available order types for your account.

Provider information

Check the provider’s execution policy and available order types for your account.

Provider information

Product range

StocksETFsOptionsBondsMutual FundsFutures
StocksETFsOptionsBondsMutual FundsFutures

Categories come from broker profiles. Check specific markets and permissions before deciding.

Trading platforms

E*TRADE Web · Power E*TRADE · E*TRADE App

E*TRADE offers three trading platforms: E*TRADE Web, Power E*TRADE, and the E*TRADE App. The web platform provides standard trading functions with research and educational resources. Power E*TRADE is the flagship, offering one of the best options platforms on the market with visual options chains, strategy builders, and real-time risk analysis. The mobile app combines elements of both platforms and enables trading of stocks, options, and futures on the go.

Explore platform

Zacks Trade Web · Zacks Trade App · TWS

Zacks Trade offers three trading platforms: Zacks Trade Web, the Zacks Trade App, and the Trader Workstation (TWS). The TWS is the centerpiece, based on the professional Interactive Brokers infrastructure with advanced charting tools, options analysis, and algorithmic trading. The web platform offers a simplified interface with integrated Zacks Research. The mobile app enables trading on over 90 exchanges worldwide directly from a smartphone.

Explore platform

Regulation & security

SEC/FINRA

Regulatory information

SEC/FINRA

Regulatory information

Regulation does not prevent market losses. The relevant authority depends on the contracting entity.

Your investor profile

Who might it suit?

Established US broker by Morgan Stanley with strong options platform

  • Power E*TRADE – excellent options platform
  • Commission-free stock and ETF trading
  • Part of Morgan Stanley – high security
  • Only available for US customers
  • International markets not available

US broker with access to international markets and Zacks research

  • Access to over 90 international exchanges
  • Integrated Zacks Investment Research
  • IB infrastructure for professional execution
  • High minimum deposit of $2,500
  • No commission-free trading

Find the broker that fits

E*TRADE oder Zacks Trade?

Side by side. Decided with knowledge.

See the differences that matter, and the Academy lessons that explain them.

E*TRADE4.3
  • Power E*TRADE – excellent options platform
  • Commission-free stock and ETF trading
  • Part of Morgan Stanley – high security
Zacks Trade4.0
  • Access to over 90 international exchanges
  • Integrated Zacks Investment Research
  • IB infrastructure for professional execution
VS
  • Fees
  • Platform
  • Regulation
  • Matching lessons
Two brokers. Many options. Your call.
Open The Dealing Room

Your questions

Frequently asked questions

How do fees differ between E*TRADE and Zacks Trade?
E*TRADE: $0 commission on stocks and ETFs, options $0.65 per contract ($0.50 for 30+ trades). Zacks Trade: Stocks from $0.01 per share (min. $3), options from $0.75 per contract. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: E*TRADE or Zacks Trade?
E*TRADE offers Stocks, ETFs, Options, Bonds, Mutual Funds, Futures. Zacks Trade offers Stocks, ETFs, Options, Bonds, Mutual Funds, Futures.
How are E*TRADE and Zacks Trade regulated?
The broker profiles list SEC/FINRA for E*TRADE and SEC/FINRA for Zacks Trade. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is E*TRADE or Zacks Trade better for beginners?
E*TRADE lists a 0 $ minimum deposit and offers E*TRADE Web, Power E*TRADE, E*TRADE App. Zacks Trade lists 2.500 $ and offers Zacks Trade Web, Zacks Trade App, TWS. Compare usability, available products and costs for your intended use.
E*TRADE vs Zacks Trade: Which broker is better overall?
The choice between E*TRADE (4.3/5, 1900 reviews) and Zacks Trade (4/5, 380 reviews) depends on your needs. E*TRADE: Established US broker by Morgan Stanley with strong options platform. Zacks Trade: US broker with access to international markets and Zacks research.

Your next step

Your next step

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Before you pick a broker

The guides worth reading before your first trade, whichever of the two you choose.

Options taxes in GermanyFlat-rate tax, loss offsetting and allowances.Options trading basicsStrike, expiry, underlying: the building blocks of every option.Regulation: BaFin, ESMA & investor protectionWho supervises your broker and what that protects.
Terms in the glossary:PremiumCall optionMarginExercisePut option