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- Stocks and ETFs: $4.95
- Stocks and ETFs priced under $1: $6.95
- Stocks and ETFs broker assisted: $19.95
- Options: $4.95 plus $0.65 per contract
- Options exercises and assignments: $4.95
- Mutual Funds: $10
- Forex: spreads as low as 1-2 pips for most major currency pairs
- 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 Zecco account: $0
- All Zecco fees
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- Stocks and ETFs: $7.50
- Stocks and ETFs broker assisted: $22.50
- Options: $0.50 per contract (minimum $12.50 for single leg orders and $15 minimim per spread for multi-leg orders)
- Futures: $1.50 per contract
- Options on Futures: $1.50 per contract (excluding exchange fees, NFA fees, overnight and platform fees as applicable)
- Mutual Funds: $15 to buy, $0 to sell
- Bonds: $15 (Municipal, Corporate, Agency, Treasury)
- Investments: stocks, options, mutual funds, bonds, ETFs
- Minimum to open tradeMONSTER account: $2,000
- All tradeMONSTER fees
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- Very low commissions
- No account minimum, maintenance or inactivity fees
- Free streaming data
- Free dividend reinvestment
- Great online community
- Could open account with no money down
- No surcharge for large orders
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- Best margin rates
- Selling mutual funds is free
- No inactivity, account maintenance or hidden fees
- No-fee IRAs
- Free trading simulator (virtual trading)
- Lots of learning materials for beginner investors, including webinars
- Very good customer service
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- $2 per trade surcharge on penny stocks
- $30 annual IRA fee
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- Additional 1.5 cents per share surcharge on extended hours trades
- Additional $0.0005 per share on the entire order for any stocks priced less than $1
- Trading tools could be a bit hard to master for beginners
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TradeMonster vs Zecco: Comparison Summary
Zecco (Zecco Review) definitely beats
TradeMonster (TradeMonster Review) when
comparing costs of trading stocks, ETFs, mutual funds and options. There are no surcharges on large orders at both firms.
Zecco is one of the Best Brokers For Beginner Investors, offering
lots of learning materials, and vibrant, helpful trader community where customers could learn from and interact
with each other. We strongly recommend the firm to anyone new to investing.
Zecco has small, $2 per trade surcharge on penny
stock orders. TradeMonster charges additional 1.5 cents per share for extended hours trades and a small surcharge on penny stocks.
Unlike Zecco, TradeMonster does not have annual IRA fee, and the company is an appealing choice for a
No Fee IRA account.
Both TradeMonster and Zecco are great. But based on much lower commissions and nice bonus features,
like trader community and free dividend reinvestment, we recommend Zecco over TradeMonster.
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