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.

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.

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.

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 2012-01-25 with an overall rating of 3 Stars.

Zecco Trading Center

Trade Platform

Zecco Mobile Lite iPhone App

reviewpage-asterik-ps.gif

two-asterik-ps.gif