Wow! Is this too good to be true? California-based investment firm Zecco lets you make 10 free month stocks a trades a month as long your maintain a $2500 balance. There’s also a social network component, ZeccoShare so you connect online with investors. I think Zecco would be good for newbie investors and investing groups.
| Zecco is an online financial portal and community through which investors can make 10 free stock trades every month when they maintain an asset balance of just USD 2,500. The cost otherwise is only USD 4.50 per trade, and there is no minimum balance required to open or maintain an account. Further enriching the experience for users, meanwhile, is ZeccoShare, a social network for investors that Zecco launched last fall. Members of ZeccoShare can create profiles, contribute to blogs and forums and join investing groups. They can also share their portfolios (minus the dollar amounts), their trades and their performance for discussion with other members. Portfolio data, holdings and trade information are aggregated across all ZeccoShare member profiles, allowing members to scan listings of most-held and most-traded stocks, create specific groups of like-minded investors (such as “socially responsible investing” or “women on investing”) and more. |
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September 5th, 2008 
Nichelle 
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