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ZECCO TRADING

Assumptions for Commissions Comparison Charts
Compare the Costs of Trading
This chart was constructed using actual commission pricing structures taken from each broker's published website as of 02/19/07, as set out in the table below. The firms referenced in these comparisons may offer more products and services than those available through Zecco Trading.


Brokerage Commision Structures -- Data in table is $ cost for the trade

# of Options Contracts
Brokerage Firm 1 5 10 20 25 30 35 40
Zecco Trading 5.00 7.00
 9.50 14.50 17.00 19.50 22.00 24.50
optionsXpress 14.95 14.95 15.00 30.00 37.50 45.00 52.50 60.00
Scottrade 8.25 13.25 19.50 32.00 38.25 44.50 50.75 57.00
Fidelity 20.70 23.70 27.45 34.95 38.70 42.45 46.20 49.95
TD Ameritrade 10.74 13.74 17.49 24.99 28.74 32.49 36.24 39.99
Charles Schwab 9.70 12.70 16.45 23.95 27.70 31.45 35.20 38.95
E*Trade 13.74 16.74 20.49 27.99 31.74 35.49 39.24 42.99






How Much Can You Save?

This chart was constructed using actual commission pricing structures taken from each broker's published website as of 02/19/07, as set out in the table above. To determine annual commission costs, the first hypothetical example (the left bars in the bar chart) assumes the "typical options trader" makes 4 trades per month of 10 contracts each. The firms referenced in these comparisons may offer more products and services than those available through Zecco Trading.

The second hypothetical example assumes the "typical covered-call writer" makes 4 trades per month of 10 contracts each. It also assumes 2 of these trades are covered calls (or "buy-writes") where the customer buys 1000 shares of stock and sells 10 call options. Finally, the examples assume the stock is "called away" when the options expire, thus incurring each firm's cost for exercise/assignment. The specific commission structures of the firms examined is set out below:


Stock Trade Options Trade Per Contract
 Exercise/
Assignment
Zecco Trading 0 4.50 0.50 4.50
TD Ameritrade 9.99 9.99 0.75 29.99
E*Trade 12.99 12.99 0.75 19.99

Commissions and fees from published web sites as of 10/9/2008. Certain brokers may offer more competitive fees than the ones published if certain balances or level of activity are met. Please contact each broker individually to confirm their commission schedule.

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. Prior to buying or selling an option, a person should read and understand the Characteristics and Risks of Standardized Options. Hard copies of this document may be obtained by either clicking the link above or contacting Zecco Trading at customerservice@zeccotrading.com. For more information you may also contact the Options Clearing Corporation at One North Wacker Dr., Suite 500 Chicago, IL 60606 (1-800-678-4667).



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More details about online investing and trading stocks with Zecco Trading:


Zecco Trading has reconstructed the mold of options trading and stock trading online, making it easier than ever for you to get smart and act smart with your money. Need to sell stock or buy stock online, interested in penny stocks? At Zecco Trading, get 10 free stock trades every month when you maintain a $25,000 balance or execute 25 trades each month. Otherwise it's just $4.50 per trade. Free Online Stock Trading Details. Where else will you find a discount broker who looks out for your best interest by providing you free online stock trading and a community of investors to share ideas with?

Privacy Policy - User Agreement - Margin Disclosure - Risk Disclosure - SEC Rule 606 Disclosure - Penny Stock Disclosure - Business Continuity Plan - About Us - Contact Us

Zecco.com is a financial portal of Zecco Holdings, Inc., which also provides access to Zecco Trading, Inc.'s trading service. Zecco Holdings, inc. is not a securities broker/dealer. All securities and investments are offered to self-directed investors by Zecco Trading, Inc. Member FINRA /SIPC. More information is located on the disclosures page.

At Zecco Trading, get 10 free stock trades every month when you maintain a $25,000 balance or execute 25 trades each month. Otherwise it's just $4.50 per trade. Free Online Stock Trading Details. 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.

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

Multiple leg options strategies involve additional risks and multiple commissions, and may result in complex tax treatments. Please read Spread Trading Disclosure.

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.

Forex trading involves significant risk of loss and is not suitable for all investors. Increasing leverage increases risk. Before deciding to trade forex, you should carefully consider your financial objectives, level of experience and risk appetite. Any opinions, news, research, analyses, prices or other information contained does not constitute investment advice. Read full disclosure.

Investors should consider market, maturity, and interest rate risks before investing in fixed income products. It is the responsibility of the client to understand the terms, conditions, risks and rewards of fixed income products as risks can be substantial.

System response and access times may vary due to market conditions, system performance, and other factors.

The content of Zecco Holdings, Inc.'s and Zecco Trading, Inc.'s websites, including research, tools and securities symbols, is for educational and informational purposes and should not be intended as a recommendation or solicitation to engage in any particular securities transaction or investment strategy. You alone are responsible for evaluating the benefits and risks associated with the use of our services or products and to decide which securities and strategies better suit your financial situation and goals, risk profile, etc. The projections regarding the probability of investment outcomes are hypothetical and not guaranteed for accuracy or completeness. They do not reflect actual investment outcomes and are not guarantees of future results. Projections and tools' calculations do not take into consideration commissions, margin interest and other costs that will impact investment outcomes. All investments involve risk. Losses may exceed the principal invested. Past performance of a security, market, or financial product does not guarantee future results. Neither Zecco Holdings, Inc. nor Zecco Trading, Inc. offers any tax, legal or financial advice. Content on these websites may be out of date or time-sensitive. Content is subject to change or removal without notice.

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. Zecco Holdings, Inc., Zecco Trading, Inc.'s and their independent providers are not liable for any errors, incompleteness, or delays, or for any actions taken in reliance upon information contained herein. By accessing our websites, you agree not to redistribute the information found therein.

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