Updated October 13, 2026 · BrokerCue Editorial Team
eOption vs Zacks Trade
Facts checked September 26, 2026.
Where eOption and Zacks Trade differ
| Compare |  eOption |  Zacks Trade |
|---|---|---|
| Stock trade fee | $0Lower | $1 |
| Markets | Stocks, ETFs, Options | Stocks, ETFs, Options, Bonds, FundsCovers more |
| Options contract fee | $0.10Lower | $1 |
| Platforms | Web Platform, EOption Mobile | Zacks Trade Pro, Client Portal, Zacks Trade app |
| Account types | IRA, Joint, CorporateCovers more | IRA |
| Minimum deposit | Not confirmed | $250 |
| Inactivity fee | Not confirmed | $15 |
| Regulators | Not confirmed | FINRA |
| Investor protection | Not confirmed | SIPC up to USD 500,000 |
| Margin rate | Not confirmed | 8.83% |
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Key differences
- Stock trade fee is lower at eOption: $0 vs $1.
- Options contract fee is lower at eOption: $0.10 vs $1.
- Markets: only Zacks Trade offers Bonds, Funds.
- Platforms: only eOption offers Web Platform, EOption Mobile.
- Platforms: only Zacks Trade offers Zacks Trade Pro, Client Portal, Zacks Trade app.
- Account types: only eOption offers Joint, Corporate.
- Features: only eOption offers Demo account.
- Pricing model: only eOption offers Commission free.
- Pricing model: only Zacks Trade offers Low fees.
Our verdict on each
eOption
eOption is an online broker focused on stocks, ETFs and options for investors who follow option strategies. For active traders who want customisable charts and mobile management, it provides research tools and live expert support backed by nearly 50 years of trading experience.
Zacks Trade
Zacks Trade is a US broker built for experienced traders and day traders who want options and margin, charging a stock trade fee of $1 and a minimum deposit of $250 on its IRA account. The catch is the $15 inactivity fee for anyone whose account sits idle.
Score breakdown
| Area | eOption | Zacks Trade |
|---|---|---|
| Cost | 9.6Higher | 8.5Cheap trades at $1 a stock and $1 an option, offset by a $250 minimum deposit and a $15 inactivity fee. |
| Offer | 9.1 | 9.2Higher |
| Trust | Not confirmed | 8.7 |
Pick eOption if, pick Zacks Trade if
Pick eOption if cost, stock trade fee, options contract fee, and account types matter most.
Pick Zacks Trade if markets matter most.
Licences and countries
| Country | eOption | Zacks Trade |
|---|---|---|
| United States | Not confirmed | FINRA 7874 |
Where these facts come from
eOption
- eoption.com: 7 facts, checked September 26, 2026
Zacks Trade
- zackstrade.com: 15 facts, checked September 26, 2026
- brokercheck.finra.org: 2 facts, checked September 26, 2026
How they place
| Ranking | eOption | Zacks Trade |
|---|---|---|
| Stock and ETF brokers | 311 of 471 | 201 of 471 |
| Investment platforms and apps | 58 of 86 | 44 of 86 |
| Options trading platforms | 78 of 103 | 66 of 103 |
| IRA providers | 34 of 43 | 24 of 43 |
Every fact side by side
| Fact | eOption | Zacks Trade |
|---|---|---|
| Features | Options, Demo account, Mobile appCovers more | Mobile app, Options |
| Pricing model | Commission free | Low fees |
| Audience | Not confirmed | Experienced, Day traders |
| Legal entity | Not confirmed | LBMZ Securities Inc. |
| Headquarters | Not confirmed | United States |
| Founded | Not confirmed | 2013 |
| Support channels | Not confirmed | Email, Chat, Phone |
Where each stands against the rest
| Fact | eOption | Zacks Trade | Median |
|---|---|---|---|
| Minimum deposit | Not confirmed | $250highest quarter | $25 |
| Stock trade fee | $0at the median | $1highest quarter | $0 |
| Inactivity fee | Not confirmed | $15above the median | $0 |
| Margin rate | Not confirmed | 8.83%above the median | 8.75% |
| Options contract fee | $0.10lowest quarter | $1highest quarter | $0.625 |
Median across 134 listed brokers.
Pros and cons
eOption
Pros
- Covers stocks, ETFs and options with single leg and multi leg order entry
- Offers a customisable platform with charts, quotes, watchlists and option chains
- Provides mobile access to research, positions and order status while travelling
Cons
- Range stays narrow around stocks, ETFs and options rather than broader assets
- Research leans toward technical signals and option trade ideas for active users
Zacks Trade
Pros
- Simple per-trade pricing: $1 a stock, $1 an options contract, margin at 8.83%.
- FINRA registration under licence 7874, and client holdings sit with SIPC protection.
- Support covers email, chat and phone, so phone and chat are both available.
Cons
- The $15 inactivity fee sits above the €10 upper quartile among the brokers compared.
- A $250 minimum deposit is well above the €4.64 median on the site.
- Account types cover ira only, which rules out a taxable brokerage account for wider investing.
Who each suits
eOption
Who it suits
- Traders who focus on options and strategy ideas
- Investors who want customisable charts and mobile management
Who should look elsewhere
- Investors seeking broad asset classes beyond stocks and ETFs
Zacks Trade
Who it suits
- Experienced traders and day traders who already know the markets they trade.
- US investors who want an IRA and plan to trade options or use margin.
- Investors who will keep trading, since the inactivity fee applies once an account goes quiet.
Who should look elsewhere
- CFI, which takes a minimum deposit of $0 rather than $250.
- eToro, where a stock trade costs $0 against $1 here.
- Vantage, with a minimum deposit of $5, which suits a smaller starting balance.
Country by country
| Country | eOption | Zacks Trade |
|---|---|---|
| United States | No | Yes |
Questions about each
eOption
What products does eOption cover?+
eOption covers stocks, ETFs and options, including single leg and multi leg option trades. Its platform provides charts, quotes, research, watchlists and option chains. Investors can follow positions and account information in one central place.
How does online and mobile access work at eOption?+
eOption provides an online platform with adaptable screens for orders and analysis. Users can view news, charts, quotes, research, watchlists, option chains and positions. eOption Mobile extends account access, trading and order status with integrated market data.
Zacks Trade
What does it cost to trade stocks and options?+
Stocks cost $1 per trade and options contracts $1, and the account opens at a minimum deposit of $250. Margin runs at 8.83%. Every figure here applies to the IRA account, which is the account type on offer.
Is my money protected and who regulates the broker?+
Zacks Trade is registered with FINRA under licence 7874, and the legal entity behind the brand is LBMZ Securities Inc. Client holdings sit with SIPC protection, which is the scheme covering money in the account rather than the firm's own balance sheet.
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