Platform Comparison

Axos Invest vs Zacks Trade

Detailed side-by-side comparison to help you choose the best platform for dividend investing

AX

Axos Invest

3.9

A budget-friendly robo-advisor with automatic rebalancing and tax-loss harvesting at just 0.24% annually—great value but limited customization.

Higher Rated
ZT

Zacks Trade

4

A research-focused brokerage with the famous Zacks Rank system and professional-grade tools—but commissions and minimums make it best for active investors.

Feature Comparison

FeatureAxos InvestZacks Trade
Our Rating3.9/54/5
Trading CommissionsN/A$0.01/share
Account Minimum$1$2,500
Fractional SharesN/AN/A
DRIPYesYes
Research ToolsAutomatedGood
Best ForCost-Conscious BeginnersResearch-Focused Investors

Pros & Cons

Axos Invest

Pros

  • + Very low 0.24% annual advisory fee
  • + No account minimum for managed portfolios ($1 to start)
  • + Automatic dividend reinvestment (DRIP) included
  • + Tax-loss harvesting at no extra cost
  • + Automatic portfolio rebalancing

Cons

  • - Limited portfolio customization—can't exclude specific ETFs
  • - Only 5 pre-built portfolios to choose from
  • - No direct indexing or advanced tax strategies
  • - Customer support limited to business hours

Zacks Trade

Pros

  • + Zacks Premium Research ($249/year value) included free
  • + Proprietary Zacks Rank stock rating system
  • + Very low per-share commissions ($0.01/share, $1 min)
  • + Professional research tools and screeners
  • + DRIP available for dividend reinvestment

Cons

  • - NOT commission-free—$0.01/share ($1 minimum per trade)
  • - $2,500 account minimum to open
  • - Higher costs for small, frequent trades
  • - Platform can be complex for beginners

Which Platform is Right for You?

Choose Axos Invest if you...

  • Want cost-conscious beginners focused features
  • Need automatic dividend reinvestment

Choose Zacks Trade if you...

  • Want research-focused investors focused features
  • Need automatic dividend reinvestment
  • Prefer a higher-rated overall platform

Investment Disclaimer

Investing involves risk, including possible loss of principal. Past performance does not guarantee future results. This content is for informational purposes only and should not be considered investment advice.