Brokerage

Account Transfer from ShareBuilder to Zecco: The Information You Need

Posted by Sun on June 28, 2007 (14) Comment

Last week I posted an entry on transferring my account at ShareBuilder to Zecco. After the post was published, I got an email from Drew who is interested in some more information about the transfer:
I enjoyed your current posts on Zecco and moving from ShareBuilder to Zecco. I currently have a portfolio with ShareBuilder but [...]

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Zecco Removes Stock Trade Account Minimum to Lure More Investors

Posted by Sun on June 5, 2007 (10) Comment

Now it seems that everything is free at Zecco (except option trading).
I was tipped off by Joe yesterday about the change and just got an email from Zecco this morning that now you can open a Zecco trading account with no account minimum.
You asked, we listened. In response to popular demand, we’ve lowered the [...]

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Zecco IS Cheap

Posted by Sun on May 30, 2007 (15) Comment

No, I am not talking about their commission free trading (check out Zecco new pricing policy for more details on how to get commission free trades).
It’s now a quite common practice for financial institutions to use small amount of trial deposits to verify the ownership of bank accounts, if they can’t, or don’t, verify it [...]

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Zecco Review Plus Free Trading Account Opening Process

Posted by Sun on May 28, 2007 (39) Comment

Zecco Trading is an online broker that lets you buy stocks/ETFs for free. Open an account with a minimum $25,000 and receive commission free trades.
Well, I eventually opened a Zecco account after mulling the idea of getting commission free trading for a long time. The main attraction is, of course, zero commission trading. Currently, I [...]

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Zecco Eliminates Paperwork in Account Application

Posted by Sun on May 16, 2007 Comments Off

I got an email a couple of days ago from Zecco [Affiliate link] about their new online account application process which eliminates all the paperwork for accounts opened after May 10, 2007. Here’s the section from their FAQs page regarding the e-signature account application:
I signed the online application form electronically. Do I need to mail [...]

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Zecco Promotion: Lowers Account Minimum, for now, but Keeps the News like a Secret

Posted by Sun on April 16, 2007 (18) Comment

Early last week, I learned that Zecco the commission-free online brokerage firm, is running a promotion with lowered account minimum from $2,500 to $1,000. That seems to be a good news for small investors who can’t meet the initial deposit requirement. In fact, the $2,500 minimum is the highest among several brokerages as shown on [...]

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Stay Local, Trade Global

Posted by Sun on February 20, 2007 (4) Comment

Interested in trading stocks listed on London Stock Exchange or Tokyo Stock Exchange, but don’t have an account with them due to regulatory restrictions?
So far US investors who want to access global markets can mainly invest through mutual funds offered by the domestic financial industry or individual stocks (ADRs or American Depositary Receipts) listed [...]

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Planned Investments: A Review of SogoTrade, ShareBuilder, and MyStockFund

Posted by Sun on February 13, 2007 (8) Comment

The first planned investment service I have heard of and used was ShareBuilder, which was also the only brokerage other than Scottrade I used back in March 2006. The reasons I decided to open an ShareBuilder account (eventually, I got three of them for both me and my wife) were:

Promotion bonuses: I collected a total [...]

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Discount Broker Reviews: Scottrade, Zecco, TradeKing, Firstrade, ShareBuilder, and QQQDirect

Posted by Sun on December 18, 2006 (48) Comment

Find out the pros and cons of some best online discount brokers such as ShareBuilder, Firstrade, SogoTrade, Scottrade, TradeKing, and Zecco before selecting one to trade stocks/ETFs.
Currently, I am using four discount brokerage firms: Tradeking, Zecco, Scottrade, Firstrade, ShareBuilder, and QQQDirect, with Scottrade being the first I ever used.
I used to have everything with Scottrade, [...]

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QQQDirect Account Opening Process

Posted by Sun on November 27, 2006 (1) Comment

Early last week I learned from SeekingAlpha.com that QQQDirect.com is now offering one commission free purchase of QQQQ, the ETF of NASDAQ-100 tracking stock, every month. After reviewing their website and fee schedule, I opened an account last Wednesday.
MyStockFund.com, which offers QQQDirect plan, also supports other two fee-based investment plans: Basic Plan ($5.98 per month [...]

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