Zions Direct

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Description

Zions Direct is a Utah-based online brokerage firm that was founded as Zion’s Savings Bank and Trust Company in 1873. Online or through an advisor, clients can easily invest in mutual funds, exchange-traded funds, stocks, and options. Investment accounts include brokerage, IRAs, margin, and trusts. A subsidiary of Zions Bancorporation, Zions Direct is included in the S&P 500 Index and the NASDAQ Financial 100 Index. The broker/dealer offers clients over 30,000 bonds and FDIC-Insured CDs. The bonds are available online at low cost through the Zions Direct Bond Store and through Zions Direct Auctions

Clients can check status of their order in the Zions Direct Bond Store. Funds can be easily deposited into account through wire transfer or check. Transfers via the ACAT system take 10-15 business days. To apply for an account access the website. The application process should not take more than 10-15 minutes. For more information or queries on new accounts, payment, cancellation, technical support, or others, reach the Zions Direct customer service.

Pros
  • "Has left most rivals in the dust." -Bloomberg Businessweek
  • Provides broker-assisted market orders
  • Commission per trade is below $10
  • Account minimum is below average
Cons
  • Does not offer commission-free ETFs

Full Broker information

Status
Foundation Year 1873
License
Trading Platforms
Reliability Rate B-
Authorised Capital
Brocker Fee 9.95
Exchange Fee
Withdrawal Fee
Minimum Deposit
Mobile Trading

Contact information

Phone: 1 800 524 8875
Address: Zions Bancorporation Salt Lake City, Utah, United States
Website: https://www.zionsdirect.com

Rating

14% 85%

User Reviews

Hey! Is anybody here? Is this broker good or not? I am hesitating
&nbsp Werner Ganz &nbsp 2016/12/08 14:30 &nbsp &nbsp
I've been with Zions Bank with over 10 years, but I just decided to cut off my ties with them. The reasons for doing so include their lousy savings rates and really poor experiences I've had with other aspects of the institution. When I'm making less return on my savings than inflation, I really need to switch to a better bank. Most experiences with customer service have been friendly, but I haven't been made a very high priority to other things the tellers and bankers seem to be doing. I've had a number of problems with their on-site ATMs shooting money out or just eating my money. One instance in particular took 4 hours out of my day to just get my money deposited after the ATM ate it. That's just really unacceptable. I'm looking for a new bank now that is competitive and doesn't have so many logistical problems.
&nbsp SpencerJones &nbsp 2016/12/21 16:39 &nbsp &nbsp
I have tried to reach them by phone for the past week. I only get the recording saying "please stay on the line". No one answers. Scarey
&nbsp dd &nbsp 2017/2/10 15:13 &nbsp &nbsp