GO
Help
Zecco.com » General Investing » New Investors » 2 questions
Last post 05-09-2008, 12:00 PM by kubien. 3 replies.
Previous   Next
Content Name: ForumThreadInternal
Preview Revision #:
Active Revision #:
Edit Content

  •  05-08-2008, 3:11 PM 28744

    2 questions

    Reply Quote
    1) How can I get a complete information on what exchanges I can trade with Zecco?

    2) There are 10 free trades per month. I would like to get a little more details on this, to be able to answer questions like these:
    Is it 10 trades per calendar month? If an order was not executed, does it count as a trade? If I modify an order, does it count as a trade? What if I place 20 orders now, 10 of them executed in May, 10 in June - will it be free?

    Thank you.

  •  05-08-2008, 9:43 PM 28767 in reply to 28744

    Re: 2 questions

    Reply Quote
    CMEX:
    1) How can I get a complete information on what exchanges I can trade with Zecco?


    It's mainly NYSE and Nasdaq.

    CMEX:

    2) There are 10 free trades per month. I would like to get a little more details on this, to be able to answer questions like these:
    Is it 10 trades per calendar month? If an order was not executed, does it count as a trade? If I modify an order, does it count as a trade? What if I place 20 orders now, 10 of them executed in May, 10 in June - will it be free?

    Thank you.


    It is by calendar month. I think only executed orders count as trades, but I'm not 100% sure. These are good questions and I'd call customer service to assist you.
    Aqua

  •  05-08-2008, 10:05 PM 28771 in reply to 28744

    Re: 2 questions

    Reply Quote

    Not quite sure about the answer to your first one.  I know at least the NYSE, AMEX and NASDAQ.

     

    2)  Anyone but a daytrader is going to have a hard time finding a better deal on stock and options trades. Daytraders, you’re in luck, too. You can make up to 10 trades a month at no cost with $2,500 minimum account net equity, and after that you only have to pay a paltry $4.50 per stock trade. Please keep in mind that only the first account of any account type is eligible for our Free Trading program.

  •  05-09-2008, 12:00 PM 28806 in reply to 28744

    Re: 2 questions

    Reply Quote
    1) I think there's some info on that in the FAQ but not sure.

    2) Yes, it's per calendar month. 
    On the first of every month, if you have over 2500 in equity, you get 10 free trades until the 30th/31st, at which point it starts again. 
    Only executed orders count as a trade. 
    Modifying does not count as a trade.
    The last part I'm not 100% sure, but I don't see any reason why all 20 wouldn't be free if the executions fell 10 in May, and 10 in June.
Content Name: StandardBottom
Preview Revision #:
Active Revision #:
Edit Content

Terms of Service - Privacy Policy

Market data and delayed quotes are powered and implemented by Interactive Data Managed Solutions. All historical chart data, quotes, daily updates, company data and news provided by Interactive Data or partner companies of Interactive Data. Quotes are delayed, except where indicated otherwise. Delay times are at least 15 minutes for NASDAQ, 20 minutes for NYSE and Amex.

All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Zecco nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance upon information contained herein. By accessing the Zecco site, you agree not to redistribute the information found therein.

Options involve risk and are not suitable for all investors. Please read Characteristics and Risks of Standardized Options.

Investors should consider the investment objectives, risks, and charges and expenses of a mutual fund or ETF carefully before investing. A mutual fund/ETF's prospectus contains this and other information, and should be read carefully before investing.

Zecco.com is a financial portal of Zecco Holdings, Inc., which also provides access to Zecco Trading. Zecco Holdings is not a securities broker/dealer. All securities and investments are offered by Zecco Trading, Inc. Member FINRA/SIPC. At Zecco Trading, you can make up to 10 free stock trades in any one month that you maintain a $2500 minimum account net equity. After that, you pay only $4.50 per stock trade. Options trades are $4.50 plus $.50 per contract. Only the first account of any account type is eligible for the Zecco Trading, Free Trading program. Any multiple accounts of the same type with the same registration are not eligible for the free trading program. Free Trading Program is only available through Zecco.com. $0 minimum to open cash and IRA accounts. Margin accounts require a $2,000 minimum balance for opening and trading on margin. Margin trading involves risks and is not suitable for all accounts. No consideration was paid for any testimonials displayed on this website. Your experience may vary, and the testimonials are no guarantee of future performance or success.

© 2006-2008 Zecco Holdings, Inc. All rights reserved. System response and access times may vary due to market conditions, system performance, and other factors.