Zecco Modifies Commission Structure
Just a quick note to say that I received an e-mail from Zecco today saying that they’re changing their pricing structure. For accounts opened prior to October 1, 2007 you’ll continue on the old commission structure through December 31, 2007.
This means that existing account holders will continue getting 40 free trades per month (up to 10 free per day) and paying $3.50 for each additional trade through December 31, 2007. After that, you’ll switch to the new commission structure (see below), which also applies to all accounts opened on or after October 1, 2007. The new structure is as follows:
| Minimum Balance | Free Trades | Price/Trade Thereafter |
| $2,500+ | 10 trades/month | $4.50/trade for additional trades |
| Less than $2,500 | None | $4.50/trade |
All in all, this is still a great deal that should result commission-free investing for all but the most active traders. And even for active traders, the price per trade is dirt cheap after you exhaust your free trades. It’s definitely worth a look if you’re in the market for a low cost brokerage account.
Click here for more information or to open an account.
Published on October 3rd, 2007 - 3 Comments
Filed under: Online, Saving & Investing
About the author: Nickel is the founder and editor-in-chief of this site. He's a thirty-something family man who has been writing about personal finance since 2005, and guess what? He's on Twitter!
Related articles...
» Zecco Ramping Up Mainstream Advertising?» How Does Zecco Make Money?
» Zecco: Still the Best Online Broker?
» The Best of October 2007
» Get a $75+ Bonus from Zecco
» Kiplinger’s Top Discount Brokers
» Zecco Review and Account Opening Process
» Zecco Account Activated
Was this article useful? Please sign up to receive our content via e-mail:
3 Responses to “Zecco Modifies Commission Structure”
Leave a Reply
Top Cards by Category
Earn $200 Bonus Cash Back after you make $500 in purchases in your first 3 months. 5% Cash Back on up to $1,500 spent in bonus categories each quarter.
Receive 10,000 Membership Rewards bonus points when you spend $1,000 in 3 months of Card membership.
Earn 3X points on airfare, 2X points on gas and groceries, and 1X points on everything else.
Enjoy a 0% introductory rate for 18 months on Balance Transfers and 6 months on Purchases. Earn up to 5% cash back in categories that change.
Enjoy no balance transfer fee for a limited time. 0% introductory rate on Balance Transfers and Purchases. Earn up to 5% Cashback Bonus in categories that change like gas, restaurants, department stores and more. Limitations apply*
Enjoy no balance transfer fee for a limited time. 0% introductory rate on Balance Transfers and Purchases. Earn up to 5% Cashback Bonus in categories that change like gas, restaurants, department stores and more. Limitations apply*
Enjoy amenities for you and your business, like: complimentary airport club access, including American Airlines Admirals Club(R) lounges.
5% Cashback Bonus in categories that change like gas, restaurants, department stores and more. Limitations apply*. Up to 1% unlimited Cashback Bonus on everything else. No annual fee
Earn 3X points on airfare, 2X points on gas and groceries, and 1X points on everything else.
Reports to 3 major credit bureaus monthly and acceptance at millions of locations worldwide, including website purchases and reservations.
- How to Become a Millionaire
- How to Get Out of Debt
- The Best Dollars I've Ever Spent
- How Our Estate Plan is Structured
- How We Paid Our Mortgage In Less than 10 Years
- Money Making Ideas
- How to Manage Your Asset Allocation with Multiple Accounts
- Consumption Smoothing - Save While the Saving's Good
- How to Save on Groceries
- How Much Life Insurance Do You Need?
- Eleven Great Books About Money
- Dave Ramsey is Bad at Math
- Dish Network Customer Service SUCKS
- $8,000 Homebuyer Tax Credit
- Pay Off Mortgage Early or Invest?
- How to Claim the First-Time Homebuyer Tax Credit
- Reduced Credit Limits? Share Your Experience
- $15,000 Homebuyer Tax Credit
- Ethanol Blended Gas = Lower Mileage?
- Termite Control: Sentricon vs. Termidor
- How Much Should You Pay a Babysitter?
- Federal Income Tax Rates Went Down but Your Federal Tax Withholding Increased. Here's Why...
- Would the "Fair Tax" Gut the Economy?
How to save money on insurance
- Double-Check Your Ally CDs
- Stocks are Not Bonds, CDs, or Savings Accounts
- The Best Values in Colleges - 2012 Edition
- Five Myths About Renter's Insurance
- Own Your Investments, Rent Your Fun
- Citibank to Issue Credit Cards in China
- Heartstrings and Pursestrings
- Saving Money at the Grocery Store: Store Brand Pricing on the Rise
- Missing Tax Paperwork?
- Is Your Investment Allocation Right?

Tip It!
October 4th, 2007 at 7:00 pm
applied for a 0% Discover card listed in the 11 with no transfer fee; however, Discover is charging a transfer fee. Still love your website.
October 16th, 2007 at 5:40 pm
Zecco is a bad brokerage firm to do business with. Just a warning for all you guys out there thinking about checking them out. You’d be better off going somewhere a little more established that actually has a customer service dept. You can read about my dealings with them here:
http://theitguysblog.com/2007/.....stay-away/