Comments on: Zecco Scales Back Free Trading Offer

By: The Digerati Life

The Digerati Life — Sat, 06 Oct 2007 06:33:11 +0000

wow i was about to try them out and your post changed my mind. Thanks a lot for this. Not that what you said was negative — it just rang a bell with me. I’m not too comfortable about policy changing like that. I also took note of your comment that they sounded overwhelmed with new applications… maybe they’re having growing pains too?

By: JC Carvill

JC Carvill — Thu, 04 Oct 2007 05:07:27 +0000

business survive on quality of thoughts,policies,etc.that may be free or something like that.i have examples who run his business having free account or free membership pro grammes.so be leader of thoughts and implementation.

By: The Div Guy

The Div Guy — Wed, 03 Oct 2007 16:53:23 +0000

I think it is natural for a company to tweak a new business model. I have had an account with Zecco for over 6 months and have over $40K in the account. The change to 10 free trades a month will not matter as I make less than 10 trades a month. I plan to keep my Zecco account and continue to get free stock trades.

By: zeron

zeron — Wed, 03 Oct 2007 13:09:46 +0000

i remember reading an article and i think it was an interview with one of the zecco officers that zecco will be the next youtube or the next myspace. basically they want zecco to be like social network for investors big or small.
i think with these recent changes, zecco will just be another sharebuilder.

By: Sun

Sun — Wed, 03 Oct 2007 04:07:48 +0000

I have no problem with companies changing their policy. It’s their business and they can change whenever they are pleased. However, the problem I have is how quick Zecco changed its terms. It seems that they don’t know what exactly they want to offer and whether the offer is too much or not enough.

Michael: I have a very small account with Zecco (larger than the $2,500 minimum though). I always doubt if they can maintain the commission free structure, so I didn’t move much money to the account. I will probably keep the account. The change won’t affect me at all as I only do a small number of trades.