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Ratings

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

Trade Commissions

Equity Trades* $4.95
Options Fee* $4.95
Options Contract* $0.65
Mutual Fund $10.00
Broker Assisted* $19.99
Minimum Deposit $0.00
Get Started

Highlights

  1. $4.95 equity trades.
  2. ZeccoShare Community home to over 200,000 traders sharing investment research and ideas.
  3. Zecco offers a Free Trading Simulator for clients: Zecco Zimulator

Account Features

  • Virtual Trading
  • No Minimum Deposit
  • No Maintenance Fees
  • No-Fee IRAs
  • Online Trader Community
  • Investment Education

Mobile Trading

  • iPhone App
  • iPad App
  • BlackBerry App
  • Android App
  • Mobile Site

Customer Service

  • Phone Support
  • Email Support
  • Live Chat Support
  • Retail Locations
  • 24/7 Customer Support

Trade Types

  • Stock Trading
  • Options Trading
  • Mutual Funds
  • FOREX Trading
  • Futures Trading

Recommended For

  • Discounted Trading
  • Long Term Trading
  • Options Trading
  • Active Trading
  • International Trading

Zecco Review

Broker Review

 

Likes - Zap Trade allows trading while surfing the web. Zecco Elite offers premium customer service for active traders.

Dislikes - Streaming quotes alongside other basic platform options cost extra; pre and post hours trading not supported; overall community lacks credibility.

Bottom Line - While Zecco does a good job of tying its community functionality into its platform the broker lacks quality trade tools and promotes its more profitable forex services too heavily to logged in users.

2012 Broker Review 4 Stars

2012 Review Results - Zecco was 4 Stars overall and received Best in Class for Investor Community. Read the 2012 Broker Review.

Zecco is an online broker that offers free stock trades to its client base of over 400,000 investors. Known for being a discount broker, Zecco also provides low cost options trades and Forex trading for its customers. Through its free ZeccoShare community they allow their members to share online trades and investment ideas with other traders.

Our Zecco review provides trade platform screenshots, detailed commissions information, and online broker ratings. Also discover how Zecco placed in the most recent StockBrokers.com 2011 Review of Online Brokers.

Commission Notes

Zecco, has changed its commissions schedule several times since the company was founded. Full commissions details below.

Zecco Elite - Clients that make atleast 25 trades per month for three consecutive month or have a combined portfolio value of atleast $250,000 are qualified for Elite status. With Elite status clients receive the Zecco streamer for free, have access to $4.95 broker assisted trades, no fee IRAs, and wires of atleast $5,000 are also free of charge.

Stock Trades - All trades are $4.95. OTCBB (pink sheet) stocks are supported. For stocks and ETFs priced under $1.00, online trades are $6.95. Any trades made during pre and post hours are $4.95 + $.005 per share.

Options Trades - All options trades are $4.95 base + $.65 per contract. There are no minimum charges and all options exercises and assignments are $4.95.

Other Investments - Zecco offers broker assisted trades for $19.99. Mutual fund trades are $10.00. Loaded funds carry additional fees as listed in the fund prospectus. Zecco also offers Forex trading to investors.

Zecco was reviewed by StockBrokers.com on 2012-02-27 with an overall rating of 4 Stars.

Zecco Trading Center

Trade Platform

Zecco Mobile Lite iPhone App

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