Comments on: Zecco Increasing Requirements For Free Trades http://www.contrarianvalueinvesting.com/2009/01/30/zecco-increasing-requirements-for-free-trades/#utm_source=feed&utm_medium=feed&utm_campaign=feed Contrarian Value Investing At Its Finest Wed, 30 Nov 2011 20:23:04 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Z http://www.contrarianvalueinvesting.com/2009/01/30/zecco-increasing-requirements-for-free-trades/comment-page-1/#comment-4447 Z Sat, 31 Jan 2009 20:36:15 +0000 http://www.contrarianvalueinvesting.com/?p=288#comment-4447 I'm now switching brokers. The only reason I signed up with Zecco was for the free trades. Their platform is slow. I guess Scottrade or TM Ameritrade will get my business going forward. - Z I’m now switching brokers. The only reason I signed up with Zecco was for the free trades. Their platform is slow. I guess Scottrade or TM Ameritrade will get my business going forward.

- Z

]]> By: Dividend Growth Investor http://www.contrarianvalueinvesting.com/2009/01/30/zecco-increasing-requirements-for-free-trades/comment-page-1/#comment-4438 Dividend Growth Investor Sat, 31 Jan 2009 13:19:35 +0000 http://www.contrarianvalueinvesting.com/?p=288#comment-4438 Well the investor with $2500 is not going to be the most profitable client. However this could be the investor who will buy small lots of stocks over time and accumulate thousands of $$$ eventually. With this move it seems as if Zecco is pursuing a short-term get rich quick strategy rather than a slow accumulation of customers and their money. I will keep my Zecco account for the free trades, but I don't like the way they change their pricing all the time. Well the investor with $2500 is not going to be the most profitable client. However this could be the investor who will buy small lots of stocks over time and accumulate thousands of $$$ eventually.
With this move it seems as if Zecco is pursuing a short-term get rich quick strategy rather than a slow accumulation of customers and their money.
I will keep my Zecco account for the free trades, but I don’t like the way they change their pricing all the time.

]]> By: Jae Jun http://www.contrarianvalueinvesting.com/2009/01/30/zecco-increasing-requirements-for-free-trades/comment-page-1/#comment-4434 Jae Jun Sat, 31 Jan 2009 08:41:11 +0000 http://www.contrarianvalueinvesting.com/?p=288#comment-4434 I was waiting for additional funds to open a zecco account because of the free trades but now that their business model has changed, I'll go to Tradeking. I remember reading an interview of the Tradeking CEO mention that Zecco won't be able to keep it up. With a CEO like that and on top of the industry, that's where Im going. I was waiting for additional funds to open a zecco account because of the free trades but now that their business model has changed, I’ll go to Tradeking. I remember reading an interview of the Tradeking CEO mention that Zecco won’t be able to keep it up. With a CEO like that and on top of the industry, that’s where Im going.

]]> By: alexg http://www.contrarianvalueinvesting.com/2009/01/30/zecco-increasing-requirements-for-free-trades/comment-page-1/#comment-4432 alexg Sat, 31 Jan 2009 04:06:27 +0000 http://www.contrarianvalueinvesting.com/?p=288#comment-4432 Can't argue with you Chris. Each individual has their own preferences as to what they expect from a broker. Can't blame them though, they simply cannot provide a service they cannot afford Can’t argue with you Chris. Each individual has their own preferences as to what they expect from a broker. Can’t blame them though, they simply cannot provide a service they cannot afford

]]> By: chris http://www.contrarianvalueinvesting.com/2009/01/30/zecco-increasing-requirements-for-free-trades/comment-page-1/#comment-4431 chris Sat, 31 Jan 2009 03:59:02 +0000 http://www.contrarianvalueinvesting.com/?p=288#comment-4431 That's really bummed me out. i will probably withdraw my money from there, because I don't really like their website, or their sweep accounts, or that they don't do partial share dividend reinvestment. But I loved the free trades while it lasted. That’s really bummed me out. i will probably withdraw my money from there, because I don’t really like their website, or their sweep accounts, or that they don’t do partial share dividend reinvestment. But I loved the free trades while it lasted.

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