I found www.zecco.com while browsing on the web. They supposedly offer free trading. Anyone here who has an opinion about this one?
Here is the link: http://www.zecco.com/Default.aspx




I found www.zecco.com while browsing on the web. They supposedly offer free trading. Anyone here who has an opinion about this one?
Here is the link: http://www.zecco.com/Default.aspx





They probably jack up the spread between the bid and the ask price in order to lower the commission. Brokers like this will also charge a fee if you want to cancel an order, place a stop loss, add a contingent order, or anything else a responsible trader would do to an order.
Rebecca Avalon





^^^ agreed on Zecco milking the spread, plus they aren't doing 'free trades' all the time.
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