$0 Commission Stock Trades* $0 Minimum Balance to Open No Minimum IRAs Options: $4.50 per Trade/$.50 per contract Account Protected up to $35mm Find Out More

Zecco, which stands for Zero Commission Costs, is a division of Equinox Securities, a fully disclosed broker/dealer and a member of the National Association of Securities Dealers (NASD) and the Securities Investor Protection Corporation (SIPC). Zecco is actually an investment community and financial portal, offering zero-commission stock trading, market data, tools, opinion and insight.

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For Common Stock purchases, Zecco offers $0 commission costs for up to 10 trades in any calendar month for $2,500 or greater balances. After that, the cost is only $4.50 per stock trade. Option trades only cost $4.50 plus $.50 a contract. There is no minimum balance required to open a new account, no minimum monthly requirement, and no closing costs. Accounts below the $2,500 minimum are only charged $4.50 per trade for equities. At Zecco, there are no hidden charges, period.

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Aside from the small commission charges mentioned above, Zecco makes money on client margin balances and by advertisements on their financial portal from companies like Google. They keep their costs low and don’t spend a fortune on advertising like most brokerage firms. In addition, Zecco also offers Premium Services to faciliate the buying and selling of securities. The latest premium offering available to Zecco Trading customers is Quotestream™ II. Now when you sign up for an account with their sister site,  Zecco Trading, not only do you get free trades, but you also get access to real-time news and market data. QuoteStream II tools, available for the low price of $20.00 a month, are especially helpful during times of high volatility, such as those the market has been experiencing lately.

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Stocks listed on U.S. Stock Exchanges and foreign securities trading over-the-counter (OTC) in the U.S. can all be bought or sold online. Zecco also allows the purchase of both open-end and closed-end mutual funds, and also the newly popular Exchange Traded Funds (ETFs).

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• Multiple Account Types, such as Individual, Joint, and Retirement Accounts can all be opened.
• Interest is paid on cash balances over $500. Higher paying Money Market Sweep Accounts are also available.
• Zecco allows account holders to automatically reinvest dividends for equities and exchange traded funds (ETFs).
• Debit card and check writing services are available.
• Zecco allows Margin Accounts and Short Selling.
• Account Transactions can be downloaded into Quicken Software.
• All accounts are insured by the Securities Investor Protection Corporation (SIPC) for up to $100,000 in cash and $500,000 in securities and cash totals. Additional protection is provided by Lloyds of London up to $35 million.

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