Zecco Trading Review
Today’s world exists more on the World Wide Web than in actuality. It is no surprise then to see banking and financing options becoming widely available online. Over the past decade various stock brokerage firms have built an online presence. This has given a lot of people the opportunity to trade in stocks and shares and make investments in the market. Of the many firms available now, Zecco Trading has carved a niche for itself in this field.
Started in October 2006, in the United States of America, by the Netherlands based entrepreneur Dino Van Es, it has quickly established itself in the market. The name Zecco describes the main feature of the company. It is a Zero Commission Cost venture. That means that users are allowed to trade in stocks without having to pay a commission to the trading company.
There is a limitation though – users have up to 10 free trades allowed (with a deposit of $ 25000 or on completion of 25 trades in a month). Beyond this all trades are charged at $ 4.50 per trade. There are 2 other options for trading accounts that can be opened with Zecco. One is the Mini Account which requires a deposit of $250, and the other is the Standard Account operable with a deposit of $2500. A short survey over the internet makes it clear the Zecco offers the most attractive trading costs and benefits.
The online site for Zecco Trading is a simple system, which allows even novice users to build up a portfolio with relative ease. In fact various users praise the Zecco portal for allowing a hassle free and completely online process for opening an account. There is no additional paperwork required, and the account is activated within 15 minutes of filling in the forms. Any account holder with Zecco Trading also has access to live streaming charts and real time data on the market happenings. Educational seminars and papers are available on his portal. For anyone venturing into the world of trading, stocks and shares, Zecco is the perfect platform.
One of the greatest benefits of having an account with Zecco Trading is the access into the Zecco Community. This online portal allows users to be part of an online trading community, having discussions and forums. Also available is a wealth of information and articles on market policies, happenings and changes. Various trading tools are available on this site, allowing users to build a diverse portfolio of stock options.
The customer service operations of Zecco Trading are also laudable. Users extol the swift resolution of issues and also the telephone check up calls from the brokerage to ascertain that all problems are solved.
Zecco Trading also advises on how to prepare an IRA (Individual Retirement Account). Users are educated on the necessities of having an IRA, as well as the stock options that will aid in creating a stable retirement fund. Other investment options offered at Zecco is the Dividend Reinvestments, and money market sweep account. In fact, this company offers many features so that cash does not lie idle in the account at any time. Any open cash in the account generates an interest and increases the available amount.
The standard features of Zecco Trading portal are volatility calculators, profit/loss charts, option trades etc. A couple of additional features can be found on this portal for a nominal cost. These are tax planning and performance tracking tool, available at $24.95 for a six month subscription. The other is a Streaming Quotes feed available at $20 per month. This feature also has news feeds, sale information and watch lists.
The company has in a few short years made a very favorable impression on users and on the media. It has constantly received positive reviews regarding its online system, trading tools and on the very cost effective commissions that are charged. Not resting on their achievements, Zecco Trading has continuously been refining their portal, adding new features and trading options. The flexibility of trading options and features available on this site, as well as the remarkably low trading commissions are the USP of this portal. By maintaining a high standard of services provided Zecco remains one of the most relied upon online trading portals, even in this time of global economic crisis.
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