» 2011 Zecco Review & Promotion Code?

For those who invest in stocks or mutual funds, one of the things that influences their choice of brokers is the trading fee that their broker charges. One can get attracted right away with online trading brokers that charge a minimum amount per trade, or even better, those who do not charge commissions at all! Zecco used to attract a lot of clients because of their 10 free trades monthly, which they no longer offer. Nowadays, they charge a minimal commission of $4.95 for stocks and $4.95 per option trade plus $.65 per options contract.

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Aside from the obvious advantage of low commissions, there are other benefits that Zecco offers its clients. Zecco was founded in 2006, but only started trading activity on October of that year. The name actually means Zero Commission costs. For the past years since it started business, Zecco now has 175,000 active clients. They are members of the SIPC, which assures all clients that their accounts are insured up to $500,000 in cash and $100,000 in securities. There are community discussion boards on the website, which allow traders to communicate with each other and share trading insights. Zecco' trading platform is quite simple and easy to navigate.

Zecco's registration process is one of the fastest in the industry. If you are new in trading stocks, you would benefit a lot from the research tools such as a profit and loss calculator, an options calculator and volatility chains which can help you understand the risks of investing on a particular security. Most of these tools are free, except some premium tools that you may need to track a stock's performance. There are also streaming quotes provided, through QuoteGrid ($8 per month) and Quotestream II ($20 per month).

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Zecco offers a unique feature where their clients can easily trade from other sites on the web that offers information about publicly traded companies. Once you see a "Z" icon on a business article from a major finance news website, you can click this and a window opens up which is actually a pre-filled ticket for the stock you chose. You can then place your order, without having to leave the page you are on!

One of the downside of trading using Zecco is the $30 yearly account fee that it charges for IRA account holders. Mutual funds are also purchased at $10 each. In other words, Zecco is your best deal for an online stock trader for stocks and ETFs (exchange traded funds) because Zecco does not charge commissions on these. They may not be the most ideal brokers for IRA, but for non-IRAs like ETF, options, spot gold and silver, stocks and bonds, they offer one of the best trading experiences in the industry today.

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To check for the latest promotions, follow this link --> Zecco promotion code.