User Overview
Joined: 2010-05-09 23:14:56
Points: 35
Online Stock Broker Reviews: 1
Average Holding Period: weeks
Average Trade Frequency: 10 - 19
Portfolio Size: $1,000 - $49,999
Sentiment: neutral
Points: 35
Online Stock Broker Reviews: 1
Average Holding Period: weeks
Average Trade Frequency: 10 - 19
Portfolio Size: $1,000 - $49,999
Sentiment: neutral
Online Stock Broker Reviews By ys2009
by ys2009 ( 35 ) on 2010-05-09 23:27:04Been trying out Zecco for a month, and I don't really like the experience
Pros:
-Among the cheaper commissions, with 10 free trades if you meet requirements, with no minimums
-Account setup was relatively fast, account activated within a day, no need to send/fax additional forms
-Provides S&P reports for applicable stocks
Cons:
-Interface is still a bit buggy, according to the forum, the watchlist is problematic, even the log in screen gives me trouble sometimes
-ACH fund transfer is slow, took it 4 days to go through and another day for it to be available.
-Stock screener is rather limited, though I have seen worse
-the Gainskeeper option is only available through a premium plan, while other brokes provides Gainskeeper/Maxit, so Zecco would be a pain during tax time
time to move on....as soon as Zecco makes my funds available for transfer (according to their forum, that's going to take another few more days)
