Zecco Review

4.) Zecco Trade

Tools: C

Commissions: A

Stock Commissions

Qualification Cost per trade
Less than 25 trades per month and account balance < $25,000 $4.50 / $19.99 (broker assisted)
More than 25 trades per month or account balance > $25,000 10 free trades, $4.50 / $19.99 (broker assisted) after

Options Commissions

Channel Cost per trade
Online $4.50 + $0.50 / contract
Broker assisted $19.99 + $0.75 / contract

Customer Service: B

Trade speed and reliability: A

Registration: A

Zecco trade is very very cheap. They only charge $4.50 for options/stock trades plus 50 cents per contract. The trade speed is good; however, the customer service is only average, and the tools are minimal compared to top-tier brokers.

***Zecco does have an effective level two quotestream as depicted below:

A relatively new broker, Zecco has added many features since 2007

1. New Navigation – Added drop downs and left hand side menus make finding what you want a ton easier.
2. Site Search – Google Powered search site wide makes it way easier to find that form or FAQ you were looking for.
3. Always on Trading Ticket – Being able to enter your order from any screen is pretty nice.
4. Gainskeeper Powered Tax Tracking – improved performance tracking is a huge plus in my book
5. Complex Options – becoming full-service
6. Stock Screener – Needs no explanation
7. Options Analytics – Stock Screening applied to Options.
8. Performance Scanner – See what’s working and what’s not with other members of the ZeccoShare community(similar to TradeKing community)
9. Zecco Share Feeds – Tracking your group’s activities without having to visit the site is great.
10. Faster Load Times – speed is essential