Wealthify vs Zacks Trade - BrokerCue
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Broker Comparison

Wealthify vs Zacks Trade

Compare Wealthify and Zacks Trade side by side: fees, regulation, platforms.

Wealthify

Wealthify

Beginner and hands-off UK investors

Wealthify is a UK robo-advisor, owned by Aviva, offering managed investment plans across ISA, JISA, SIPP and โ€ฆ

VS
Zacks Trade

Zacks Trade

Active traders seeking research tools

Zacks Trade is a US broker offering stocks, ETFs, options, bonds and mutual funds with per-share commissions,โ€ฆ

Head-to-head comparison

Wealthify vs Zacks Trade
Feature Wealthify Zacks Trade
Minimum deposit - -
Stock trading fee - $0.01 per share, $1 minimum; stocks under $1/share: 1% of trade value
Regulators FCA SEC, FINRA, SIPC
Best for Beginner and hands-off UK investors Active traders seeking research tools
Markets & account
Stocks
-
ETFs
-
Bonds
-
Options
-
Ready Made Portfolios
-
Investment Plans
-
Isa
-
Sipp
-
Funds
Savings Vaults
-
Fractional Shares
-
Margin
-
Demo Account
-

Pros & cons

Wealthify

Wealthify

Pros

  • Simple flat 0.6% annual management fee
  • No deposit, withdrawal or transfer fees
  • Five risk-tiered portfolios from Cautious to Adventurous
  • Ethical investment plans available at each risk level
  • FCA regulated and FSCS protected up to ยฃ85,000
  • Backed by Aviva, a major UK insurer
  • Instant Access Savings Account and Cash ISA also available
  • Mobile app rated 4.5 out of 5 on Apple App Store

Cons

  • No self-directed stock or ETF picking
  • No Lifetime ISA
  • Minimum ยฃ1,000 to open an ISA, pension or general account
  • Ethical Plans carry higher underlying fund costs (around 0.58% p.a.)
  • No demo account
  • Limited investment research and educational resources
  • Withdrawal processing for investment accounts takes up to 10 working days
Zacks Trade

Zacks Trade

Pros

  • Regulated by SEC and FINRA; SIPC member
  • Access to 90+ international exchanges across 33 countries
  • Competitive margin rates starting at 8.83%
  • Free broker-assisted trades at standard commission rates
  • Zacks Rank and 20+ free research subscriptions included
  • Paper trading demo account available
  • No account transfer fee (ACAT)

Cons

  • Stock and ETF trades carry per-share commissions; not commission-free
  • $15/month inactivity fee for smaller accounts
  • No forex, crypto, futures, or commodities trading
  • Account opening process can take more than a week
  • No educational resources or retirement planning tools
  • Customer support limited to phone and email, Monday to Friday 9am-6pm ET
  • Mutual fund trades cost $27.50 each
Wealthify

Wealthify

Wealthify is a UK robo-advisor, owned by Aviva, offering managed investment plans across ISA, JISA, SIPP and general accounts at a 0.6% annual fee.

Your capital is at risk. Other fees apply.

Zacks Trade

Zacks Trade

Zacks Trade is a US broker offering stocks, ETFs, options, bonds and mutual funds with per-share commissions, low margin rates and access to 90+ international exchanges.

Your capital is at risk. Other fees apply.

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