Posts Tagged ‘Zecco Reviews’

Zecco’s Zap Trade – An innovation and awesome way to execute orders quickly

Thursday, June 3rd, 2010
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Zecco recently announced their latest innovation. I personally started using it last week when I saw it on StockTwits. If you hold an account with Zecco, you can give it a try.

What is Zap Trade?

Zap Trade is a free Firefox plug-in that lets investors place stock trades and get real-time quotes while visiting popular investment and research websites.  Here’s how it works:

  • Click the [Z] on select sites
  • Get a real-time stock quote
  • Complete the trade ticket
  • Place a trade with Zecco Trading without leaving the site you’re on

Download Zap Tradetext link code

Zecco trading is among the cheapest brokerage firms out there. Their regular rate is 4.5$ flat per trade and you will get 10 free trades every month if your portfolio is 25k or above.

Give it a try, you will not be disappointed.

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Posted in Brokerage Firms News, Zecco Reviews | No Comments »

Zecco upgrades their website – Offers Free Stock Trading

Saturday, April 24th, 2010
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Zecco has recently made major improvement to their website. We took a moment to go through the changes and dedicate an article highlighting the key changes. Following is the summary of changes we noticed:

Zecco Holdings

Zecco provides better Quotes and Research, Better Usability

The upgrade adds vastly improved research and analysis tools, real-time quotes, and significant improvements in overall ease of use. Among the new features are:

  • Streaming, real-time quotes throughout the research section
  • Advanced charting tools with extensive overlays for detailed technical analysis
  • Stock, screeners to help investors find new trading opportunities
  • A free web streamer allowing traders to monitor their portfolios in real time
  • An options strategy builder permitting the quick assembly of complex, multi-leg options
  • Greater integration of Zecco community sentiment in all our research

We expect that these features will be of great interest to both casual and active traders.

Much Improved Customer Service with Zecco

Zecco has also made major improvements in their customer service. They increased Zecco Trading customer service staff by 20% in 2009 and recently extended the service operations by 18-1/2 hours per week. Live chat (introduced in early 2009) is very popular with customers, and has contributed to helping us reduce telephone wait times to a very low 30 seconds (as of January 2010).

As a result of all these investments, their third-party verified customer satisfaction scores are significantly higher, with 82% willingness to recommend in January. So if you haven’t tried the customer service lately, just give them a call at (877) 700-STOCK (-7862). Hearing is believing.

For Zecco reviews, please read Zecco Reviews – 0$ Stock Trading

Zecco Holdings

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Posted in How to choose a brokerage firm, Zecco Reviews | No Comments »

Problems I faced with Penny Stocks with TD Ameritrade – Zecco vs. TD Ameritrade

Sunday, March 7th, 2010
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I will dedicate this post to my recent experience with TD Ameritrade. I must admit TD Ameritrade is an excellent brokerage firm, no doubt about that. However it comes with its own set of problems. Last week I was trying to purchase a stocks of a company (BIEL). I had been following them for a while and I knew it was time for BIEL to get buying signals and hence a great opportunity to make money.

I logged on to my TD Ameritrade account to place a LIMIT order of few thousand shares of BIEL, but to my surprise I was not allowed to do so. I tried several times only to run into problems every time. Being frustrated I called the customer service, which was very prompt to respond (< 1 min hold  time). I was told that BIEL was put on hold by TD Ameritrade. Arghh!! I lost an opportunity to up my investments by about 15% in a matter of two days!

Did some research and opened an account with Zecco & OptionsHouse. They were right when they said maintain accounts with multiple brokerage firms. You might run into problems with any broker so you got to have a choice! Again by no means I am saying TD Ameritrade is bad! They are probably best among the lot, but you got to have options in the event that I ran into. I would recommend the readers to open accounts with one or more from following list:

1. OptionsHouse is currently running special ads for 100 Free Trades if you open your account before April 30th. On top of that, they are the cheapest as far as the commission rates go (2.95$ per trade).

Get 100 Free Trades with OptionsHouse.com

Read reviews at OptionsHouse Reviews

2. TradeKing is the top Rated Broker by SmartMoney – 4 years running (2006-2009). It also got 4-Star Rated Broker by Barron’s – 12th Annual Survey of Best Browser-Based Online Brokers. All that is available for low flat fees – $4.95 per trade plus $.65 per options contract

Open an account with Trading King – Tradeking

Read reviews at TradeKing Reviews

3. Zecco:Best thing about Zecco is their 10 free trades every month if you make 25 trades in a month. Hence your effective rate actually becomes a lot lower than what they advertise which is 4.5$/trade. Their effective rate comes down to 2.70$ / trade, now who can beat that? See details below:

Trade with Zecco for Free

Read reviews at Zecco Reviews

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Posted in Best Brokerage Firms, TD Ameritrade News, TradeKing Special Offers, online stock brokerage firms | 8 Comments »

TD Ameritrade to Not Participate in Price Wars Among Stock Brokerage Firms

Saturday, February 6th, 2010
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TD Ameritrade CEO Tomcyzk said today he does not plan to indulge in the price wars that its rivals Fidelity and Charles Schwab have entered into. First Charles Schwab reduced its trade from $ 12.95 a trade to $ 8.95 a trade. This was followed by Fidelity which used to charge anywhere between $8 and $19.99 to flat $ 7.95 per trade.

The CEO of TD Ameritrade said that they would wait for the market to settle and then decide on what price to charge the consumers for trading. Their focus till then would be to provide great tools for RIA’s (Registered investment advisors) who would be trying independently to get large client for TD Ameritrade. TD Ameritrade plans to increase the assets invested through brokerage firm to $33 billion from $ 27 billion currently.

What it means for TD Ameritrade clients is probably they should look at alternatives like Tradeking or E-trade for opening brokerage services. TD Ameritrade is going upscale and changing its business model for people who have millions of dollars to invest. For millions of other people who do not have millions of dollars to invest a smaller brokerage firm like Options house or Tradeking might be useful. Details on popular offers from these firms are as following:

1. OptionsHouse is currently running special ads for 100 Free Trades if you open your account before April 30th. On top of that, they are the cheapest as far as the commission rates go.

Get 100 Free Trades with OptionsHouse.com

2. TradeKing is the top Rated Broker by SmartMoney – 4 years running (2006-2009). It also got 4-Star Rated Broker by Barron’s – 12th Annual Survey of Best Browser-Based Online Brokers. All that is available for low flat fees – $4.95 per trade plus $.65 per options contract

Open a TradeKing account

3. Zecco:Best thing about Zecco is their 10 free trades every month if you make 25 trades in a month. Hence your effective rate actually becomes a lot lower than what they advertise which is 4.5$/trade. Their effective rate comes down to 2.70$ / trade, now who can beat that? See details below:

Trade with Zecco for Free

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Posted in Best Brokerage Firms, Price War Among Brokerage Firms, Uncategorized, discount share trading, top mutual fund companies | 1 Comment »