Comments on: Zecco Discount Brokerage Review

By: ClubbieTim

ClubbieTim — Sun, 26 Apr 2009 05:10:36 +0000

Zecco is a joke! Its 25k for free trades not 2,500…BTW they’re software is awful…

By: Ryan

Ryan — Tue, 03 Feb 2009 00:27:01 +0000

Good point, Eric. For the casual trader looking for a once a month ETF trade or similar low volume trades, Zecco was a great option because of the free trades. They are still a good option, but now that the restrictions for free trades are tighter, I think I’ll stick with TradeKing (by the way I put myself completely in the casual trader status; I am by no means an advanced trader).

By: Eric

Eric — Mon, 02 Feb 2009 23:11:09 +0000

Zecco also does not offer after hours and pre-open trading like many other brokers do.

By: zecco user

zecco user — Fri, 30 Jan 2009 12:34:57 +0000

As of March 1st, the minimum for the free trades will be $25,000 rather than $2,500.

Worth bearing in mind.

By: Ryan

Ryan — Thu, 29 Jan 2009 19:32:56 +0000

Raj: Zecco does not offer a fractional share purchase. That is one of the benefits of ShareBuilder for making automatic investments and reinvesting dividends. Zecco's strong point is the 10 free trades per month with a portfolio of $2,500 or more. It depends on which feature is more important to you to determine which broker is better - it's all based on personal needs.

By: Raj

Raj — Thu, 29 Jan 2009 18:56:57 +0000

I have a sharebuilder account and they offer fractional share purchase facility. What about zecco ??

By: Ryan

Ryan — Wed, 21 Jan 2009 18:58:20 +0000

Thanks, J. Money. It’s not just stocks though – you can fund your IRA with ETFs or mutual funds, and it is much cheaper than going through many other brokerage firms.

By: J. Money

J. Money — Wed, 21 Jan 2009 18:51:50 +0000

Yeah, i’ve heard nothing but great things from Zecco actually I’ve stopped dabbling in stocks myself (i get super crazy buying and selling and all sorts of junk), but if i ever get back into it i’ll be sure to use them.

nice breakdown and all!