Online Stock Trading
from Zecco
Featured FiDeal
$0 Stock Trades
In this political season, FiLife would like to take a moment to talk about free trade.
We're all for dropping subsidies, loosing tariffs and pure mercantile mania! Maybe truly open markets would help bring down rising food and energy costs. But, if we can't have that "free trade", we'd settle for $0 stock trading at Zecco.com .
This young online brokerage offers 10 free trades a month for IRA and non-IRA brokerage accounts with at least $2,500 in equity. The company also offers an online community that tracks members performance and offers message boards and friends. You don't have to trade there to chat there, but you can't import results from other brokers.
After the 10 trades (do you really need to trade 10 times in one month?), equity trades are just $4.50. This is the same price for options trades. Additionally, there are no inactivity fees or require minimum balance. Zecco, however, is not the site for mutual fund investors, charging $10 per transaction for its no-load funds.
If you are inclined to trade, even in this market, Zecco.com gives you the chance to test your skills on the cheap.
About Online Stock Trading
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Zecco.com , an online discount brokerage, charges $4.50 per trade and 50 cents per contract. Accounts with balances of $2,500 or more get 10 free trades each month. Margin rates range form 4.7% to 7.2%, depending on the amount borrowed. Zecco also offers a variety of different accounts, including traditional, Roth and rollover IRAs.
Online Stock Trading Reviews
I've used zecco for a couple of years now and its always worked great and been amazing. The interface is really user friendly and their cheap stock trade rates are a nice little plus. Only downside is they spam e-mail like crazy you'll end up with a packed inbox of zecco stuff
I have been using Zecco online trading for a while and have been very pleased. The interface I find easy to use. The low pirce trades are very nice. I even find the emails helpful.
I have used Zecco for about three years now and have very little problems with them. The low price on commissions has been good and I believe about the best in the industry.I have never had problems with executions. The only downside is sometimes it takes a while to reach support, and sometimes support don't seem to be too knowledgeable about trading.
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