Updated September 28, 2026 · BrokerCue Editorial Team
Finhabits vs Zacks Trade
Finhabits vs Zacks Trade: the differences
| Compare |  Finhabits |  Zacks Trade |
|---|---|---|
| Minimum deposit | $0Lower | $250 |
| Markets | Stocks, ETFs | Stocks, ETFs, Options, Bonds, FundsCovers more |
| Regulators | U.S. Securities and Exchange Commission (SEC) | FINRA |
| Account types | IRA, Roth IRACovers more | IRA |
| Stock trade fee | Not confirmed | $1 |
| Account fee | $120 | Not confirmed |
| Inactivity fee | Not confirmed | $15 |
| Margin rate | Not confirmed | 8.83% |
| Options contract fee | Not confirmed | $1 |
| Platforms | Not confirmed | Zacks Trade Pro, Client Portal, Zacks Trade app |
Same on both: Investor protection (SIPC up to USD 500,000).
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Key differences
- Zacks Trade scores higher overall: 8.7 vs 8.5.
- Regulators: only Finhabits offers U.S. Securities and Exchange Commission (SEC).
- Regulators: only Zacks Trade offers FINRA.
- Minimum deposit is lower at Finhabits: $0 vs $250.
- Markets: only Zacks Trade offers Options, Bonds, Funds.
- Account types: only Finhabits offers Roth IRA.
- Support channels: only Finhabits offers Help centre.
- Support channels: only Zacks Trade offers Chat.
- Features: only Zacks Trade offers Options.
- Audience: only Finhabits offers Beginners.
Our verdict on each
Finhabits
Finhabits is a US robo-advisor built for beginners, opening at a minimum deposit of $0 and running managed stocks and etfs portfolios under US regulation. The trade-off is the $120 account fee, which sits on top of the 1% management fee.
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 | Finhabits | Zacks Trade |
|---|---|---|
| Cost | 8.1Management fee of 1% against a 0.35% median here, plus an account fee of $120 and a minimum deposit of $0. | 8.5HigherCheap trades at $1 a stock and $1 an option, offset by a $250 minimum deposit and a $15 inactivity fee. |
| Offer | 8.9 | 9.2Higher |
| Trust | 8.7 | 8.7 |
What each covers
| Markets | Finhabits | Zacks Trade |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Options | No | Yes |
| Bonds | No | Yes |
| Funds | No | Yes |
| Account types | Finhabits | Zacks Trade |
|---|---|---|
| IRA | Yes | Yes |
| Roth IRA | Yes | No |
Where they rank in our lists
| Ranking | Finhabits | Zacks Trade |
|---|---|---|
| Stock and ETF brokers | 213 of 471 | 201 of 471 |
| Investment platforms and apps | 48 of 86 | 44 of 86 |
| IRA providers | 26 of 43 | 24 of 43 |
Sources behind this comparison
Finhabits
- finhabits.com: 9 facts, checked September 26, 2026
- finder.com: 1 fact, checked September 26, 2026
- flexoffers.com: 1 fact, checked September 26, 2026
Zacks Trade
- zackstrade.com: 15 facts, checked September 26, 2026
- brokercheck.finra.org: 2 facts, checked September 26, 2026
Every fact side by side
| Fact | Finhabits | Zacks Trade |
|---|---|---|
| Features | Mobile app | Mobile app, OptionsCovers more |
| Pricing model | Not confirmed | Low fees |
| Audience | Beginners | Experienced, Day traders |
| Legal entity | Finhabits, Inc. | LBMZ Securities Inc. |
| Headquarters | United States | United States |
| Founded | Not confirmed | 2013 |
| Support channels | Email, Phone, Help centre | Email, Chat, Phone |
Where each stands against the rest
| Fact | Finhabits | Zacks Trade | Median |
|---|---|---|---|
| Minimum deposit | $0below the median | $250highest quarter | $25 |
| Stock trade fee | Not confirmed | $1highest quarter | $0 |
| Account fee | $120highest quarter | Not confirmed | $0 |
| Inactivity fee | Not confirmed | $15above the median | $0 |
| Margin rate | Not confirmed | 8.83%above the median | 8.75% |
| Options contract fee | Not confirmed | $1highest quarter | $0.625 |
Median across 134 listed brokers.
Pros and cons
Finhabits
Pros
- Regulated by the U.S. Securities and Exchange Commission, with investor protection listed as SIPC up to USD 500,000.
- Support runs on email, phone and help centre, so help is easy to reach.
- The portfolio build is etf focused, with picks made for you across stocks and etfs.
Cons
- The $120 account fee is the sting, sitting on top of the 1% management fee.
- The range is limited to stocks and etfs, so there is no wider asset choice.
- Account types come down to ira and roth ira options at a brand based in the United States.
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
Finhabits
Who it suits
- US beginners, since the service is built for beginners.
- Savers who want the holdings chosen for them across stocks and etfs.
- People already investing for retirement, matching the ira and roth ira list.
Who should look elsewhere
- Readers who want to pay nothing on management can start with eToro, where the fee is 0%.
- Anyone after a wider fee band should look at Vivid Standard, at 0.5% to 1.5%.
- Investors who treat the protection scheme as the deciding factor can also check Axos Invest, which names SIPC.
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 | Finhabits | Zacks Trade |
|---|---|---|
| United States | Yes | Yes |
Questions about each
Finhabits
What does Finhabits cost to run an account?+
Finhabits charges a management fee of 1% on the portfolio and an account fee of $120. The account fee is the part to watch, since it is a flat charge on top of the percentage. The median management fee across the robo-advisors compared here is 0.35%.
How much do I need to put in before I can start?+
The minimum deposit is $0, so there is no floor to clear before saving begins. Accounts come as ira and roth ira options, which decides the wrapper you hold. The listed feature is mobile app, so the app is the main way in.
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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