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Compare TradeKing vs Zecco: cheapest commissions versus best service
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- Stocks and ETFs: 10 free stock and ETF trades per month with $25K min. account balance OR if you make 25 trades/month
- $4.50 per stock trade (if not meeting above requirements)
- Options: $4.50 plus $0.50 per contract
- Mutual Funds: $10
- Bonds: $4.50 per bond, with $22.50 minimum per transaction
- Treasury: $24.50 per transaction
- Investments: stocks, mutual funds, options, Forex, Bonds, Treasury bonds, ETFs
- Minimum to open account: $0
- All Zecco fees
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- Stocks and ETFs: $4.95 (for stocks over $1)
- Options: $4.95 plus $0.65 per contract
- Mutual Funds: $14.95
- Bonds: $4.95/bond ($14.95 minimum)
- Treasuries: $24.95 per transaction
- Certificates of Deposit (CDs): $24.95 per transaction
- Investments: stocks, options, mutual funds, bonds, ETFs
- Minimum to open account: $0
- All TradeKing fees
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- Free/very low commissions
- No account minimum or inactivity fees
- Virtual trading environment
- Forex trading
- Free dividend reinvestment
- Great investing community
- Minimum to open account: $0
- No surcharges for large orders, penny stocks and extended hours trading
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- One of the best in trading commissions
- No minimums or hidden fees
- Award-winning trading tools
- Best rated customer service
- Low margin rates
- Best online investor community
- Fee-free IRAs
- Extensive educational resources
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- Annual IRA fee: $30
- No extended hours trading
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- Extra $0.01 per share on the entire order of stocks priced less than $1
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Zecco or TradeKing: Comparison Summary
Zecco beats
TradeKing when comparing the cost of trading stocks, mutual funds and options.
But when it comes to everything else, like customer service, trading tools and trader community, TradeKing is a King.
No wonder the firm was named Best Broker by Barron's magazine for 2 years in a row and we rated it
Best Brokerage House in 2009.
TradeKing and Zecco are some of the very Best Brokers For New Investors:
offering lots of learning materials, vibrant and helpful trader communities. We strongly recommend these firms for
anyone who is new to investing.
Unlike Zecco, TradeKing has no annual IRA fee and the company is an excellent choice for a
No-fee Brokerage IRA Account.
Both TradeKing and Zecco are great and we rated them
Best Brokerage Firms in 2010. We recommend opening an account
with both of them with $0 down (it takes just 10-15 minutes) and no obligation or risk
(non-IRA accounts have no account closing fee) and see for yourself which one will work better for you.
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