For the second time i deposited around 16k to Zecco on Thursday Sept 2009 evening from my BOA account.I checked the money,it was gone Fri morning.Now TDameritrade,Scott trade etc the money is transfered and cleared instantly like next day ready for trading.Here we are next week Thursday and although i had a conference call with Zecco and BOA on the phone the previous day Wednesday,the money is still not in the account so for 5 business days these sons of corrupt,foul coorporate bitches and managers in Zecco have used my 16k and god knows howmany other thousands of peoples millions to Repo the millions overnight for a few days to gain thousands of dolars of profit and interest and deny it ,claiming that there is a risk of unavailable funds and a debit.Well i know for a fact that a big Corporations like BOA and Td bank only requires 24hrs max from the ACH in NY and local clearing institution.Therefore the money is available at Zecco and Tradekings disposal almost next day.
They illegally use and hold money that doesn`t belong to them to Repo it overnight or few days to make rediculous profits off our backs so spread the word and stop tradiing with these corrupt dishonest scum institutions,Stop Zecco.Zecco must go down and all alike small time ripp off,fraudilent brokarage firms stealing money from right infront of your naive,gullible eyes.An avarage Joe wouldn`t know about ACH clearing times but if you do your research,you`ll knwo they have the money the next day.The proof?My conference call on Wednesday with my bank and Zecco manager,so next day where is the f….ing 16k.Give me my money you f…..king thieves.In the mean time i lost about 2-3k in potential trade profits that i had planned.Also don`t defend these wankers to me at all ,i have no sympathy what so ever.I would understand,but this is the 3rd time i have been screwed by Zecco,the first time it took 3 weeks to open an account and the scums kept the money for 2-3 weeks.

There are better alternatives out there if you have 25k to play with, and even if you don’t with there new pricing structure

i feel like a dumbass taking the bait…hahha

Let it be known that zecco wasn’t the first to offer freetades..

I have opened accounts with the first to offer freetrades…

That includes freetradez, freetrade, brokerage america, the finacial cafe, they were the ones to start this..

However, seems like zecco was teh only one to market it..

But there’s going to be a run on the bank, zecco is done

Just make sure u guys do it after the last day of the month to avoid having to pay 4.50 for each trade this month.