Zecco has time and again come up with interesting features to keep the traders drawn in towards them. For sure, all their attempts have come out unbeaten and so is their screener story. Zecco stock screener with a new application that lets us keep track of all our investments is no exception!

Free Stock Trading from Zecco

The screener that lets us research the market scenario on the basis of market cap, sectoral and annual performance, trading has actually seen a new horizon. We’ve been fools if we overlooked this special feature that comes free for all Zecco account holders like you and me. So, if finding the right choice amongst ETFs, screen stocks and mutual funds has been a hitch so far, worry no more! Read on to find out what makes this stock screener so very helpful, and a lot more you should know about this brokerage.

Stock Screener can be saved as per our choice so that every trading morning isn’t a fuss to find the current trading rates. And, like never before, we (Zecco users) can share the created lists online and the screener interface is trading-enabled that makes buying and selling real-quick.

What does Zecco has for Professional Traders

For even more sophisticated trading activities, watch list, stocks and options research tools, strategy builders and interactive charts come in handy. The lists of top gainers and movers has always acted as the best motivation and the icing on the cake remains the fact that all these features come entirely free for Zecco members. So we just need a sign up to grab all these benefits.

With a little expense, we can claim the tax optimization software and entail a worry-free trading experience. Other premium features that can be grasped at a monthly cost include desktop tools that update us with alerts, streaming quotes and advanced stock analysis. All these tools are really helpful for serious day traders who cannot afford to miss a single trading opportunity and bend their necks on the system throughout the day.

We weren’t all born traders and Zecco understands our needs at beginner’s level so well. With virtual trading platform, we get ample time and opportunity to try our hands trading before actually risking our money.

Zecco Add-ons for a stimulating trading experience

Being a discount online broker, Zecco puts on display practically all financial services you would ever want at minimal costs. Initially known as zero commission cost trade, zecco might not have been able to continue with their zero commission policy, but are one of the most affordable trading platforms with stock trade brokerage as low as $4.95. Affordable ETFs, low cost options, discounted bonds and CDs further make trading through zecco a pleasant, cheap to run and easy on the pocket activity.

User-friendliness and Accessibility

Zecco’s simple, yet comprehensive interface has always been an advantage to us all, not to remind the personalization feature that has always let us make necessary changes to the looks of the interface and help us see first things first (our way!). Fund transfer, account record accessing, view statement, download details are some auxiliary features that add to the user convenience.

For traders in a jiffy, zap trade is a useful tool that allows us to make rapid transactions without actually logging in to the zecco account every time.

Zecco Mobile Lite

Zeccos’ recently launched Mobile Lite gives us a trading opportunity on-the-go. This specialized iPhone Application can be accessed through any smartphone and this sums up to the fact that this discount broker is in no way less than any other fully-functional high priced trading platform.

Read More:-

Broker Reviews 2011 Best Commissions and Fees in Stocks, Mutual Funds, ETFs and Options

Is Zecco’s Free Trading Offer a Fraud?

Online trading has come into vogue in the last 10 years or so. Earlier you had to either contact your local broker or trade on your own. E*Trade and First trade laid the initial platform for online trading. Since the concept was new, it was quite expensive. However, as the times changed online trading too become easier, cheaper and more accessible.

Now any search engine will spew forth a big list of online stock brokers that offer services at discounted rates. But how many of them have the actual expertise to advice you on cheap trading. Can they offer expert service and fast execution? Let’s take a look at what are the options available to us.

Scottrade: Exceptional Online Stock Broker with local branch offices

When you trade with Scottrade you do so with all the ease and convenience. You need a minimum balance of $500 and you can trade from your Blackberry or iPhone. Though their charges seem a bit more expensive at $7 per trade and $27 for broker assisted trades but if you are dealing for huge sums of money then paying a few extra dollars for peace of mind does not pinch.

Scottrade’s Latest Review & Client Feedback

OptionsHouse: Spend Less and Get More at OptionsHouse! $2.95 Flat-Rate Stock Trades

Voted the best broker of options trade by Barron’s, Option House is among the newer players. At $2.95 for offering trades and broker assistance they are amongst the cheapest available. However, they don’t compromise on quality. They offer live chats 24×7 and customer support seven days a week.

OptionsHouse’s Latest Review & Client Feedback

E*Trade: No minimum Trades or Balances

They are very well known among trading masses and one of the reasons behind their popularity is their advertisements on television. They are amongst the most expensive for online traders as they charge $7.95 per trade and $45 for broker assisted trade. Once you open the account you get 60 days of free trade. To operate you must have a minimum balance of $1,000 and you must keep your account active or as a part of account maintenance fee you will be charged inactivity fee.  They are among the best in the market especially if you are an experienced investor. However, for a casual investor their charges are on the higher side.

E*Trade’s Latest Review & Client Feedback

Tradeking: Receive up to $150 in transfer fees when you switch to TradeKing

TradeKing charges only $4.95 per trade even if you take the help of a broker. It charges a $0.65 per contract. TradeKing has won awards at SmartMoney, Barron’s and other online stock broker rating agencies. It has a good customer support helpline. It also offers to reimburse transfer fees up to the amount of $150, in case you transfer your current trading account from somewhere else.

Tradeking’s Latest Review & Client Feedback

Zecco: 0$ Stock Trade

Zecco offers you 10 free trades if you make at least 25 trades a month or if you have $25,000 in the Zecco account. They charge $4.50 per trade. Zecco allows virtual trading which is a bit difficult to grasp. They have live chat support and promptly respond to emails.

Zecco’s Latest Review & Client Feedback

ChoiceTrade: 5$ Flat Rate Pricing – No Hidden Fees Like OptionsHouse,

Simplifying Trading for Active Traders

They have been rated four stars by Barron’s for the past five years. They offer $5 online trades with no penny stock surcharge. This feature is very difficult to find with other brokers. Their basic streaming platform is free for first four months but after that they charge a minimum of $14-95 per month.

ChoiceTrade’s Latest Review & Client Feedback

Trademonster: Get up to $250 in account transfer fees back when you open a new tradeMONSTER Account

OptionMonster a news and education site for options has started the tradeMonster which provides a studied approach to stocks and options. For their options trading Barron’s has awarded them four and a half stars. They charge $7.50 per trade. They are quite informative for retail investors and periodically suggest options strategies. They also offer to reimburse transfer fees up to $250.

tradeMONSTER’s Latest Review & Client Feedback

TD Ameritrade: Fair Straightforward Pricing

It is owned by TD Ameritrade and it boasts of a superior technology and educational information on options. They were ranked number 1 online trading broker by Barron’s. They charge a fee of $9.95. For transfer they offer a reimbursement of $100. They offer three complementary free trades.

TD Ameritrade’s Latest Review & Client Feedback

Sogo Trade

Sogo Trade is one of the less advertised broking hoses and mostly people who are registered customers know about them. They offer services at $3 a trade. They have three unique trading platforms: Sogo Trade, Sogo Elite and Laser. All help in providing the customer with detailed and latest data to facilitate trading. Instead you should opt for Firstrade: 100 Free Trades & 200$ Cash

ShareBuilder

SahreBuilder offers the cheapest fees at $4 per trade. However they need to be intimated in advance as trading can only be done on Monday. This ‘automatic investing’ is no longer popular. They also offer real time trade at $9.95. Instead you should opt for Lightspeed: Lowest Cost Broker for Frequent Traders

Read more:-

Hand Picked list of Cheap Online Discount Brokers

Zecco is a full fledged discount broker, providing low cost trading platforms for dealing in whole host of financial products. Zecco has a simple trading platform, which does not require any software downloads as it loads with Zecco’s browser. Beginners in stock trading world are attracted towards Zecco, as it is simple to understand and really cost efficient. Often, experienced traders who land upon Zecco’s trading platform, find it basic and less equipped with advanced tools and features, so Zecco is more suited for an average American citizen, who need not be a regular trader. We cannot say that Zecco does not offer quality, as it focuses on a different class of investors and traders, who do not require advanced features and solely depend on low cost trading.

No Minimum Account Opening

Most discount brokers have a minimum investment requirement, but Zecco does not restrict small investors with such barriers. Moreover, the cost of transactions for operating without a load fund is set much lower than industry peers at mere $10. Zecco provides an ideal platform for beginner investors to become independent money managers and take advantage of low cost trades. Even professional investors, who chase value, appraise Zecco for delivering value at such low rates.

Zecco has more in Store

New to investing, beginners’ can seek help from online tutorial from their website. Professional and experienced traders may not feel comfortable in using the base platform provided by Zecco, as it lacks one click trades and research options. But, this should not turn them away as Zecco offers upgrade extras at a little more cost.

Zecco trading account opens with an “Overview” interface, with real time summary of account position, containing details regarding, account balance, cash and margin positions. This helps investors in evaluating their position before placing any trade.

Zecco is positioning itself to cater to the average American and its low cost broking policy will ensure that it stays ahead of the competition in this journey. Small time investors, mainly those who along with their 401(k) have a little extra invest, should stick to cheap services of discount brokers, and Zecco is surely a good option for them.

Zecco’s Unbelievable Pricing

It may seem unbelievable that Zecco charges $4.50/trade, but you will be more than amazed to know that it offers 10 free trades each month, given the account balance is more than $25,000 or the investor makes a minimum of 25 trades in a month. Now, that’s something really impressive. If you are not moved yet, then just think about the sums that you pay as fee to money managers for managing your annuities or for an instance a 401(k). Low cost broking charges are mere peanuts when compared to fund managers’ fees. And that’s not all; Zecco does not charge anything for the time period when no trades are made on an account. So, with Zecco, you do not have to worry about recurring charges and withdrawals when you are simply on a hold mode or not trading at all.

Zecco very well understands its targeted audience and deserves mention for its innovation in developing simple and transparent solutions with ultra low commission structure.

Detailed Zecco Information-

http://www.comparebroker.com/zecco-reviews-online-stock-brokers-review

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 Trade

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.

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 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

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.

Broker Reviews 2011 Best Commissions and Fees in Stocks, Mutual Funds, ETFs and Options

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