Zecco Online Stock Broker Speed Review
Zecco is known for being the online stock broker that offers free stock trades to its clients. With Zecco’s ever growing and popular community of investors, members can connect with tens of thousands of other traders across the globe.
Some of the reasons for investors to choose stock broker Zecco over competitors TradeKing, Sharebuilder, Scottrade, TD Ameritrade, and Etrade are:
1. 10 Free Stock Trades per month!*
2. No Account Minimums
3. No Inactivity Fees
4. Trade Stocks, Mutual Funds, Options, ETFs, and more
5. Premium Tools available such as Quotestream II and performance + tax planning tools with GainsKeeper**
6. Open a Traditional, Roth, or Rollover IRA
7. Gain access to the ZeccoShare Community of over 90,000 investors with Forums, Blogs, Groups, and even your own site profile
8. Get free access to investment research from the Standard & Poor’s
9. A variety of free tools are available for options traders such as an options calculator and Options Analytics
* Trade Commissions - Make up to 10 free trades per month with an account of atleast $2,500. All trades above and beyond are just $4.50 per trade.
** Quotestream II is $19.99 per month. Gainskeeper is a two month free trial and costs $24.99 per 6 months thereafter.
Check out the Zecco trading site for yourself and see what you think,
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Have to love $0 stock trades. I have heard good things about Zecco.
Cool stuff Blain
Zecco is good if you just want free trades and don’t care that much about execution time or quality.
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I opened a Zecco account several months ago. I still have an account, but I don’t trade much with them because I have had many many problems. First, their website went down one too many times. Second, my buying power was cut in half one too many times (money just disappeared for a day because of their “system glitch”). Third, it is like pulling teeth getting money I am due. I was due money for a fractional share when the company merged with another. After about a dozen e-mails and several phone calls, they paid the fractional share about a month later. Also, a friend of mine opened an account through their Friends Referral Program. I was supposed to receive $50 for the referral. Guess what? Didn’t get it. There have been other issues, but there isn’t enough space. Customer service sucks!!! They are rude and lack knowledge.
zecco sucks…
very slow and often losing connection. yesterday i submitted an order to sell stocks and checked the status — no execution for long time.. and just hanging there. so i decided to cancel it and the status became “canceling” — for long time. i checked message — it said “order rejected”. so i put another order — and it was the same. so by the end of the day, i checked my position — and i saw all my holding there (no selling) .. but next morning, i saw my holding — the stocks are gone. very confused — this is one day after — i finally knew that the two orders all went through (while the message told me they were rejected). i only wanted to sell one order (50 shares)..but as this stupid error — i ended up sell another 50 shares..
it is good to have free trade… but this error has costed me $500 in my holding value
I hate zecco. Their pracites are illegal. Thought ZECCO says it’s free trdaing in the end u end up loosing the money. Beware of ZECCO margin call…. PLEASE DON’T OPEN ACCOUNT WITH ZECOO.