Trading Global Stocks Becomes Easy with E-Trade Global Trading

Posted by Sun on August 14, 2007 (7) Comment

But not with a price, a very high price.
Back in February when I first heard that E-Trade is going to introduce a global trading service to allow investors to trade stocks listed in other markets directly, I signed up to receive notification when it becomes available. Yesterday, the email came, announcing that the new E-Trade [...]

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Who Takes Back Pennies?

Posted by Sun on June 30, 2007 (10) Comment

When I was in the process of getting a Zecco trading account a couple of weeks ago, it really surprised me when Zecco took back the two small trial deposits from my checking account after the account verification process was completed. The total of 40 cents was nothing, but the action itself speaks more than [...]

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First Trading Experience with Zecco

Posted by Sun on June 2, 2007 (48) Comment

A week after I opened a Zecco Trading account (check out my Zecco review post for details on account opening process) and initiated an ACH fund transfer, the money finally came through and I got the chance to make my first trading with Zecco.
I requested an ACH transfer of $1,000 last Friday evening from my [...]

Categories : Investing, Stock Tags:

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 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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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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Buy QQQQ with No Commission

Posted by Sun on November 21, 2006 (5) Comment

According to SeekingAlpha.com, now you can buy the ETF QQQQ at QQQDirect commission free. The article on SeekingAlpha.com also reported that
The NASDAQ is sponsoring and subsidizing this arrangement. After opening an online account and choosing a payment option, QQQQ can be purchased automatically in amounts of as little as $25 per month.
After I checked their [...]

Categories : ETF, Investing Tags:
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