DISQUS

Social Times: Zecco: Stock Trading Goes Social

  • Adam · 1 year ago
    Ehhh, I like the site and am a user but your comments are far, far too rosy.

    They hood winked a lot of users by consistently scaling back their number of free trades and retroactively implementing a minimum balance requirement. That really hurt the small investors that had been taking advantage of their ill thought out business model. Frankly it was an embarrassing lack of foresight on their behalf by not anticipating the type of high volume, low balance investors that would become avid users.

    That being said, I like the site quite a bit. They have enhanced a number of features and the community is growing. I was asked to become ac community rep and at the time declined, but since then the site has really improved in terms of organization and "cleanness."

    The reality of the community isn't quite as great as you might think. The forums are somewhat useful but they lack the type of insight you can find at investors village, for example. The networking aspect should improve and I have interacted with others via the site and actually considered new trades based on their recommendations.

    To summarize I like the company but I was very displeased with the consistent bait and switches they pulled on the community. If those are in the past I think they might have a future in an INCREDIBLY competitive industry.
  • kurt · 1 year ago
    Well we live in a stock trading era, what could we expect? More and more people realize the great perspectives of the online stock trading, and when the business is handled right, we can only expect for success.
    http://www.onecfd.com/
  • tiberiu84 · 12 months ago
    Well, buy the first copy of CFD for beginners and start your way up yo the top of all investors in the world.
  • john sloan · 9 months ago
    I researched Zecco as well and i put my money
    it it to really check it out and decided it
    was a bait and switch. It took over a month
    before I could take my money out, so before
    you decide to deposit money remember this
    old saying (If It Sounds Too Good To Be True
    -thats right) so I took a good advice and
    signed up with scottrade.com and got 3 free
    trades with this promo code: YWEU0574
  • CFD Trading · 8 months ago
    Beyond the trading fees, Zecco has a good registration process and an excellent trading engine. ...
  • CFD Trading · 1 month ago
    And besides that they are one of the cheapest brokers in the states and used by many.
  • Forex Trading · 8 months ago
    Smith said Zecco can afford to offer zero-commission trading because it plans to earn its revenue elsewhere, and because it won't ...
  • Forex · 7 months ago
    Great work !!
  • London Rentals · 7 months ago
    The social-networking area on TradeKing's site includes a blog ....
  • Hampers · 3 months ago
    I wonder what is the latest for this stock trading new style of delivering services: online? Its been a while and this should be kept updated so future business minded people will have a hint as to where and what to expect.
  • wealthadvisers · 3 months ago
    The 17,000 unique visitors to Zecco every day and the 95,000 registered users are tantamount to its success. The low margin rates and the fact that there is no set minimum cash balance to open an IRA are keys to its popularity. Wealth advisers would tell you that such a tool was always going to prove popular with the online investor community, not only because it is free but because it is comprehensive. Its ability to help investors make more informed decisions in their investments makes it a tool that is likely to grow in popularity and develop the user base that it has already established for itself.
  • Gracy · 3 months ago
    Social networking involving in stock business. Its great news.
  • Bishop · 2 months ago
    Social networking is very essential. It helps in the optimizing one's own area of work.
  • man · 2 months ago
    great article