Zecco Review 2012

free zecco trades Update April 2009 – I finally got around to taking a deeper look into the Zecco platform as well as the account opening process. So far, so good. Opening my account at Zecco took just over 7 minutes, and was completely done online. No forms to fax, no signatures to mail in. All good stuff. I hate when I “sign up online” and then still have to print crap out to start a service.

Zecco Zirens

zeccozirens2 Update July 2008 – I’ve been really happy with my account at Zecco so far. No issues, plus got a nice welcome package in the mail from them a few days after opening my account. As soon as I have the money, I’ll be investing more here.

Reviewing The Zecco Platform

The account center is pretty straight forward. Entering basic stock transactions looks easy enough. They have very fast order execution, which is important when trading online. Also, they have pretty decent options pricing, which is likely what I’ll be using my account here for at some point in the future.

Zecco…Hot or Not?

Verdict: HOT!hotorange It’s hard to beat Zecco’s price structure and speed. I’ve heard rumblings about their customer service, but so far my account setup and activation has been a breeze. Once I have the cash together I’ll likely use Zecco as my  primary options broker, and probably as my short term stock broker as well. When opening your account:

  • Have your Driver’s license and SSN handy
  • Keep in mind you must deposit (at some point, not right away) $25,000 to receive the 10 free trades a month offer

Once you complete all the forms online, you’ll receive a message stating your account will be reviewed in the next 24-48 hours. I got an approval notice within 15 minutes. Guess it pays to fill out all the forms correct : ) You can open an account with $0.

free zecco trades

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    • mgrass

      I love Zecco so far, and I’ve been with them for over a year. Not only do you get the 10 free trades but the rates are pretty low for options and trades after ten, lower than most all the other sites I’ve looked at. Their customer service has also been great for me so far. I recently had a technical question, emailed them and not only got back an email back within a half-hour, but also got a call from one of their engineers who helped me solve the problem.

    • m0loch

      Just signed up today…pretty much for the free trades. I got through the application process in less than 10 minutes – got approved in less than 30 minutes.

      I’m not seeing any type of streaming quotes or anything…probably keep my scottrade account open for that of look for some other alternative.

      Grumblings about customer service?? In 10 years of trading I’ve called my brokerage no more than twice…

    • Tarik

      First off, I read your story, and feel for you. I was in massive debt in the past, but there is always a way out. You have the determination to succeed; just keep learning from your mistakes.

      As far as Zecco is concerned, I have always been impressed with their low trading costs. When most brokers charge $7+ for trades, you can get 10 free trades per month for absolutely nothing. It’s WAY too cheap in my opinion.

      I’m thinking about opening another business IRA with Zecco this summer because they really provide a quality service.

      Zecco is an industry leader, unlink most blind followers in the Wall Street Brokerage business.

      Take Care Debt Kid!