The purpose of this blog is to help young people with common questions with personal finance including investing, saving, managing money, buying insurance, buying a house, and choosing a credit card.

« Reviews On LifeLock | Home

Zecco Trading Review

By admin | October 28, 2007

Thinking of starting up a Free trade account with Zecco but not 100% sure yet? Maybe you just need a little more information first.

There are plenty of different online stock trading companies right now and each will offer a slightly different promise and have their own unique features.

Zecco offers many advantages over other sites, primarily that it is free to sign up. Some of the other sites have a fee imbedded right into them just for simply having an account. For example, go to E*Trade and you’ll pay $12.99, at TD Ameritrade it’ll be $9.99, at Scottrade you’ll be out $7.00 and at Sharebuilder, you’ll be charged $15.95. If you’re looking for a cost effective way to get started, Zecco is clearly the best choice.

Furthermore, Zecco is going to offer you 10 free strock trades every single month as long as you maintain a $2500 minimum account balance. For anyone who is into investing, this is really not that high of a requirement at all. Then after that, the fee will be set at an ultra-low, $4.50 per trade.

If you are looking for a cost effective way to trade, Zecco is your answer.

Furthermore, even better for those who aren’t looking to get into serious investing just yet, they do not require you to have any minimum balance in your account. That means there are no penalty fees if you only add in a little plus, if you aren’t active with your account for a period of time, again, that’s no problem.

Go on holidays - don’t worry! Your Zecco account will be right there waiting for you when you come back.

Another terrific thing about Zecco is their customer service. When you need help, they will be there for you. Since the site is definitely aimed to help the beginner investor (as well as more experienced investors also), they are expecting questions from you. They have trained professionals ready at hand to assist you in whatever you need, be it signing up your account or making your first few trades.

When it comes time to doing your research, Zecco has you covered again. Right on their site they have access to plenty of market data so you never need to worry about having to go far to figure out who you should be investing in.

The overall site is easy to navigate and does not take much time at all to learn how to use. Even those who aren’t really all that computer-user friendly will not feel overly challenged while using Zecco, making it a great option for everyone.

One question some of you may be asking is whether their system is reliable or not. Fortunately, you don’t have to worry there either. Zecco uses a state of the art trading platform that has already been proven in the market. They know it’s successful and this gives them the confidence to full their promises to you. You’ll get immediate access to online, real time trades in the US markets, however you do need to be aware that at times, volume may delay the system slightly and can affect trade execution.

You will run into this with whatever site you choose to use however so it’s nothing out of the ordinary.

Finally, if you’re new to investing and looking for others who are feeling slightly intimidate as well, there is a whole community you can join and begin posting in the forum. With special areas designated to the new investor, to screen and picking your stocks, to ETF and Mutual Fund Investing, to Options trading and to Portfolio building, you can be sure to find people to talk to who will offer you advice.

You aren’t ever alone when you sign up with Zecco and this is one major factor that keeps people coming.

So take confidence in knowing that when you choose Zecco for online stock trading, you are really choosing a well-running, easy-to-use medium to see great financial gains.

Topics: stock market |

Comments

You must be logged in to post a comment.

Feed

About Me

Put something about you here by editing the right sidebar.

Blogroll

Search