do zacks and interactive brokers use the same trading software?

[stockmarketbeginner]

Hello,

I saw Zacks has $3 trades, which is great. However, I looked at their interfaces (desktop and web). They look *extremely* similar to Interactive Brokers' interfaces.

Are they using the same stuff? That would be somewhat odd.

 

[stockmarketbeginner]

Sorry... I just realized there is a forum category named Trading Software... would have been better to place this post over there.

 

[Robert Morse]

Looks like they do. https://files.brokercheck.finra.org/firm/firm_7874.pdf

Go to P14.

 

[tommcginnis]

Not odd at all.
The magic words are "White Label."
If you google IB White Label, you'll see a bunch of TWS users.

Not a good thing; nor a bad; just a company realizing that there is room in (their TWS) world for other players, who might pay them(!!!) for products/services (like TWS and account admin.) that they've already funded/paid-for. A good deal for IB, a good deal for the White Label user, and a good deal for the customers of both. (So, that *is* a good thing. )