The Sun’s Financial Diary

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

Find out the pros and cons of some best online discount brokers including ShareBuilder, Firstrade, SogoTrade, Scottrade, TradeKing, OptionsXpress, OptoinsHouse, and Zecco before selecting one to trade stocks/ETFs.
Currently, I am using six discount online brokerage firms: Tradeking, Zecco, Scottrade, Firstrade, OptionsHouse, and OptionsXpress, plus two for scheduled investments at ShareBuilder (not active anymore) and QQQDirect [...]

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 [...]

It seems that Zecco not only offers free equity trade for an account with a balance of $2500 or more, but they also have free dividend reinvestment. The following is from Zecco’s FAQ section:
Does Zecco Trading allow account holders to automatically reinvest dividends for equities and exchange traded funds?
Yes, dividend reinvestment is a feature that [...]