4-star brokerage firm rating


Zecco IRA Review 2012: ROTH, Traditional, SEP, Simple, Rollover Retirement Accounts

Zecco IRA Commissions, Fees and Investment Products (2012)

  • 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


Zecco Retirement Account Fees


IRA Annual Fee: $30.00 annually
IRA Account Closure: $30.00


Application Process

Extremely fast -- open an account in 10 minutes. There are no lengthy forms to fill and no papers to mail. After a new account is approved (in as little as 30 minutes) new users are ready to use all features of the Zecco.com website.


Zecco Website (Zecco.com)/Trading Tools Review


Zecco review

Zecco's trading system uses simple and intuitive web interface. Users could easily enter and cancel orders but, unfortunately, they can't modify them. Zecco's trading tools don't offer some of the more advanced features used by very active trades.

Zecco is big on security -- before placing new order customer will have to enter security key. The firm introduced new Firefox plugin, Zap Trade, which is a toolbar that stays visible on all pages and allows fast access to trading from customer account. There is also a new iPhone App which got four stars rating in Apple Store and provides convenient access to Zecco's account but with no ability to trade (trading should be implemented by the end of the year). Company just introduced free streaming quotes for all customers.


Full Zecco IRA Review


Read full Zecco IRA review

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