Compare Our Pricing
We challenge you to find a better deal than this. For stocks and ETFs, you can make 10 free stock trades every month when you maintain a $25,000 balance or execute 25 trades each month. Paid stock trades always cost just $4.50! See details. At $4.50 plus $0.50 per contract with no minimums, our options commission fees are among the lowest in the industry.
The free trade offer is only available for your first account of each account type.
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Equity Trades
Equity trades include stock and ETFs (Exchange Traded Funds). With Zecco Trading, you get 10 free stock trades every month when you maintain a $25,000 net equity balance or execute at least 25 trades each month (paid or free). Otherwise it’s just $4.50 per trade. See details. (Note: There are transactional fees on sell orders in the free trades.)
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| Free | $12.99 | $9.99 | $7.00 | $14.95 (0-8 trades per quarter)
and $9.95 (9 trades + /quarter) |
| $19.99 | $12.99
(+$45.00) | $44.99 | $27.00 | $9.95 |
Options Trades
As a Zecco Trading customer online options trades are $4.50 plus $0.50 per contract with no minimums. Options exercises and assignments are $4.50.
|
$4.50
(+ $0.50) | $12.99
(+ $0.75) | $9.99
(+ $0.75) | $7.00
(+ $1.25) | $14.95
(+ $1.50) |
$19.99
(+ $0.75) | $57.99
(+ $0.75) | $44.99
(+ $0.75) | $27.00
(+ $1.25) | $14.95
(+ $1.50) |
Standard rates of major online firms. Competitor pricing information has been obtained as of 10/9/2008 and is believed to be accurate, but is not guaranteed. The above firms might provide for reduced fees and commissions based on account size, trading frequency, and if certain other conditions are met.
Margin Rates
Enjoy margin rates of 4.70% up to 7.20% on margin interest as long as your account meets the debit balance requirement below. Learn more about our Margin rates.
| $0-$49,999 | Base Rate | 7.20% |
| $50,000-$499,999 | Base Rate - 0.50%
Negotiable, call 877-700-STOCK
(877-700-7862). | 6.70% |
| $500,000+ | Base Rate - 2.50%
Negotiable, call 877-700-STOCK
(877-700-7862). | 4.70% |
*Zecco Base Rate is 7.20% as of April 1, 2008. Your margin interest will be based upon the margin rate and your average monthly debit balance. Base Rate is currently calculated using various market interest rates and internal costs. The Base Rate is subject to change without prior notice.
If you have a question regarding a service and its associated fee that is not listed here, please contact us for further information at customerservice@zeccotrading.com.
Account Minimum & Inactivity Fees
|
| None | $40.00 per/quarter
after first year | None | None | None |
| None | None | None | $500 | None |
(1) Margin accounts require a $2,000 minimum.
Mutual Funds
|
| $10.00 | Free | Free
(for no transaction fee funds)
| Free
(for no transaction fee funds) | $14.95 |
| $19.99 | $45.00
+ Commission | $49.99 | Fund Fee
+$20.00 | $14.95 |
Bonds
- $4.50 per bond
- $22.50 minimum per transaction
- $24.50 per Treasury transaction
Credit Interest
Zecco Trading will credit an interest rate of 0.025% annually on a minimum of $500 held in each of your accounts. Interest is paid monthly based on the average monthly cash balance. You may also choose to place your uninvested funds in one of the three money market funds below. Check out the money market fund sweep request form. Rates Effective 1/01/2009:
| CAT Tax Exempt Portfolio | 0.87% |
| CAT MM Portfolio | 0.76% |
| ICT Treasury Portfolio | 0.01% |
Other Charges
Our prices are not introductory, nor are there any hidden fees after your account is established.
| Outgoing Automated Customer Account Transfer (ACAT) |
$50.00 per account |
| DTC Transfer Fee |
$25.00 per outgoing request |
| DWAC Transfer Fee |
$30.00 per incoming or outgoing request |
| DRS Transfer Fee |
$30.00 per incoming or outgoing request |
| Physical Stock Deposit |
$75.00 plus any additional transfer agent fees, DTC fees and shipping costs |
| Cash withdrawal prior to trade settlement(s) |
$20.00 plus interest to settlement date |
| Reg. "T" Extension |
$10.00 per request plus interest from settlement date until paid |
| Reorg Items and Tenders |
$15.00 per request plus interest from settlement date until paid |
| Research & Statement Copies |
$15.00 per hour (1 hour minimum) |
| Returned Checks |
$30.00 plus interest from the earlier of the settlement date or date of deposit |
| Returned ACH Fee |
$30.00 plus interest from the earlier of settlement date or date of deposit |
| Securities purchased against Non-Cleared Funds | Interest on balance (see margin interest rates) |
| Taxpayer ID Penalties | At Cost |
| Transfer Fees | At Cost |
| Wire Funds – Domestic |
$15.00 |
| Foreign Wire Fee | $50.00 |
| Saturday Delivery Checks | $25.00 |
| Overnight Check Delivery (U.S.) | $20.00 |
| Overnight Check Delivery (Int'l) | $30.00 |
| Stop Payment |
$30.00 per check |
| Overdrawn NSF Fee | $35.00 |
| FedEx Overnight Fee | $15.00 |
| FedEx Saturday Fee | $25.00 |
| Transfer and Ship Certificate |
$235.00 - $575.00 plus additional transfer agent fees, DTC fees and shipping costs. If DRS eligible, DRS statement available in lieu of certificate.
|
| DRS Statement in lieu of certificate |
$30.00 (must be DRS eligible) |
| Request for ACH Trace Number (to track ACH transaction) |
$25.00 per request |
| IRA Annual Fee | $30.00 annually |
| IRA Closing Fee | $30.00 |
| Non-Transferable/Worthless Securities held in account | $7.50 per month per security |
| Hard to Borrow Fee | At cost (see our FAQ) |
Contact Customer Services by:
Email: customerservice@zeccotrading.com
Fax: (626) 529-7077
Phone: 877-700-STOCK
(877-700-7862)
 |
For Section 31 fees and Trading Activity Fee (TAF), please see our FAQs.
Disclosures
Competitor pricing information has been obtained as of 10/9/2008 and is believed to be accurate, but is not guaranteed. Comparison accounts assume a balance of $10,000. The above firms might provide for reduced fees and commissions based on account size, trading frequency, and if certain other conditions are met.
All fees and commissions are quoted in US Dollars. All charges are subject to change with 10 day notice to you.
For mutual fund orders, please consult the prospectus for additional fees and expenses.
Partial fills on the same day will result in one commission charge. Partial fills executed over more than one day will result in additional commission charges at a rate of one per day. Partial fills executed over multiple days will count as one additional trade per day. All modified open orders for partially filled trades will be considered a new trade.
Options Trading is not for everyone, and include substantial risks.
Margin borrowing carries some risks and may not be right for everyone. It is important that you fully understand your financial situation, the rules of margin borrowing, and conditions that may affect your investments.
Transfer fees may be charged against your account by your existing brokerage firm.