Zecco Stock Brokerage Review
Wasn’t it just yesterday when Zecco first hit the seen with their unheard of free trading? Hard to believe a couple years have already gone by; however, the once “commission-less” broker has made some huge steps in becoming a serious contender.
First off, you CAN still receive free trades from Zecco, but the requirements are a little higher to achieve:
- Maintain a minimum of $25,000 in your account
- Execute 25 trades per month and get 10 free trades
If you don’t meet those needs, commissions are still relatively cheap compared to other discount brokerages at $4.50 per trade and no-load mutual funds are $10.
- With Zecco you can trade all the normal stuff: stocks, options, mutual funds, and ETF’s.
- Become part of a 100,000 member investment community, with blogs, forums, and analysis.
- There is no account minimum
Zecco is great for those looking for a reliable brokerage with cheap commissions and feel comfortable using third-party resources to research and find stocks; however, they are adding better tools and there is a strong community following.
The broker has recently launched their new FOREX service.
- For those looking to enter the stock market, take a second to download my free guide to entering the stock market.
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