Ratings

Overall
Commissions & Fees
Customer Service
Tools & Research
Ease of Use
Investment Offering
Education
Mobile Trading

Trade Commissions

Forex Trades*	$12.60
Clearing Method*	STP
Broker Assisted*	$0.00
Min. Deposit	$0.00
Min. Contract Size	Mini
Max. U.S. Leverage	50:1
Max. Int'l Leverage	200:1

Account Features

Virtual Trading
No Minimum Deposit
No Maintenance Fees
No Dealing Desk
Online Trader Community
Investment Education

Zecco Forex Review

Forex Broker Review

Special Offer: $50,000 Practice Account - Learn More

Likes - Zecco's addition of Forex trading provides it's large client base more investment options.

Dislikes - The Forex part of Zecco's investment offering is lacking compared to other major Fx brokers, clearly not their focus.

Bottom Line - Zecco's Forex division simply introduces traders to Gain Capital's forex trading (FOREX.com) while keeping them as clients of Zecco. The trading conditions are the same as Forex.com, the only advantage being if you already have a Zecco equities account and don't want to get involved with another broker.

Zecco Forex is a division of Zecco Trading, an discount online stocks and options broker. Zecco Forex is a fairly recent addition to round out their investment offerings to their more than 200,000 clients. Zecco's main focus remains stocks and options and provides investors an online community and research devoted to learning and sharing investment ideas. Their forex trading is powered by Gain Capital, who owns and operates FOREX.com, so clients of Zecco will receive identical trading conditions to clients of FOREX.com, including their ForexTrader platform, and the Metatrader 4 platform is available as well.

Commission Notes

Zecco Forex does not charge commission for forex trades, instead they are compensated through the difference (i.e. spread) between the Bid and Ask prices of whatever currency pair is being traded.

Spreads - On average Zecco inserts a 1-2 pip markup on the major currency pairs. Since Zecco is and introducing broker of FOREX.com the spreads will be identical to those found there.

Micro Lot Trading - Zecco does not offer micro lot trading at this time. The smallest volume that can be traded is a mini lot, or 10k currency units.

Zecco was reviewed by StockBrokers.com on 2011-06-01 with an overall rating of 3 Stars.

Ratings

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Zecco Forex Review

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