Comments on: First Trading Experience with Zecco

By: StockTradersBlog

StockTradersBlog — Sun, 31 May 2009 07:34:31 +0000

Is there any comparison between Zecco and TDAmeritrade? I am using TDAmeritrade to do my day trading and it works fine so far

By: Frank C

Frank C — Tue, 21 Apr 2009 00:05:51 +0000

On two separate occasions, Zecco charged me margin interest when I had no margin balance. On 3/23/09 I transferred my account to TradeKing. 2 strikes and your out when you mess with my money.
Zecco has now (4/14/09) taken $155 out of my TradeKing account for margin interest. I had NO margin balance with them!!! The last I heard, this is called theft. They use Penson as the clearing agent.
I find it amazing that 3 weeks after transferring my account out of Zecco into TradeKing, Zecco is allowed to do this. I will be contacting the appropriate regulatory agencies as well as my securities attorney if these monies are not restored to my account.

By: Lee

Lee — Mon, 11 Aug 2008 13:56:08 +0000

Hello all,

Im about to open a trading account. I need update information con and pro from Zecco. many thanks

By: Sun

Sun — Thu, 10 Apr 2008 01:18:37 +0000

Max: For Zecco, I don’t have a positive experience with them either and the only thing I do like is the commission free trading. Their website is difficult to use and their customer service is pretty bad.

By: Max

Max — Wed, 09 Apr 2008 17:34:19 +0000

I used this review extensively in attempting to determine if Zecco would work for me or not. I eventually did open up an account with Zecco, and have had a so-so experience.

If you would like to see my thoughts on Zecco you can see them here: http://maxopedia.org/?q=zecco-brokerage-account-review-april-2008