The Sun's Financial Diary

Since I began to actively use my Zecco account to trade stocks in March, I got myself a task that I don’t want: find a place to store the mail Zecco sent me every time I made a trade. It’s not really a piece of junk mail that I can just throw away, but close [...]

It seems to me that Zecco doesn’t have a clear plan on how to run their business.
First, they asked a ton of paperwork to open an account, then ran a promotion with a lowered minimum requirement that didn’t want anybody to know, shortly after the secret promotion, they decided to get rid of all the [...]

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 [...]

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 [...]

Recently, Zecco started offering equity free trade for customers with $2,500 or more in their accounts. While this news certainly got my attention considering that I am now paying from $4 to $7 for each stock trade, there was one question that I didn’t find answer from their posts: there’s no mention of dividend reinvestment. [...]