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Broker Review







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Zecco

http://www.zecco.com
500 Airport Blvd.
Suite 320
Burlingame, CA 94010

Toll Free: 877-700-7862
Email:customerservice@zeccotrading.com
Category: low-cost online discount brokerage

General Description: At Zecco Trading, home of $0 stock trades, not only do you get free stock trades and low cost options trades, you also receive friendly and professional customer service, and the advanced trading tools serious investors demand. What's more you get access to ZeccoShare, the groundbreaking social investing community at zecco.com, which includes more transparency and functionality than anything of its kind.

Stock Trading: 10 FREE each month with $2,500 minimum. $4.50 each otherwise. Applicable to both market and limit orders.

Options Trading and Free Analysis Tools: Sophisticated options tools are available at no cost to Zecco Trading customers:

  • Real time options chains
  • Options calculator
  • Profit & loss calculator
  • Probability calculator
  • Volatility metrics

Account Minimum: No minimum to open an account. (Margin accounts require a $2,000 minimum debit balance.)

Streaming Quotes: Real-time news and market data with QuoteStream IITM tools, available for a nominal monthly fee. Features include:

  • Streaming portfolios
  • Streaming options chains
  • Historical and intraday charting
  • News and headlines
  • And much more

More from Zecco Trading:

  • IRAs with free stock trades and options trading privileges.
  • Tax planning and performance tracking tools from GainsKeeper™, which allow you to track capital gains throughout the year, complete your Schedule D for tax filing, export tax information to popular tax preparation software packages, and reduce capital gains taxes and maximize after-tax returns.
  • Zecco Trading accounts are protected by the Securities Investor Protection Corporation (SIPC), up to $500,000 (including up to $100,000 for cash claims). Accounts protected in the aggregate up to $200MM by Lloyd's of London.
  • Very competitive margin rates.
  • Zecco Trading customer can also participate and share verified portfolios and trades in the ZeccoShare community, where you can view users' performance and holdings and form groups (such as "socially-responsible investing", "women on investing", or "boomers and retirement planning").

Risk Disclosure: Options involve risk and are not suitable for all investors. Prior to buying or selling an option, a person should read and understand the Characteristics and Risks of Standardized Options. Hard copies of this document may be obtained by contacting Zecco Trading at customerservice@zeccotrading.com.

Margin borrowing has risks and may not be right for everyone. Please read our margin Zecco_Trading_Margin_Account Disclosure. (http://www.zecco.com/Downloads/Policies/Zecco_Trading_Margin_Account_Disclosure.pdf). It is important that you fully understand your financial situation, the rules of margin borrowing, and conditions that may affect your investments. Margin accounts require $2,000 minimum.