Thursday, February 14, 2008

Do you want 10 free trades every month?

I just found a great online trading web site called Zecco.com.
If you have a minimum of $2500 in your account (probably most every one has that much), you will get 10 free trades every month. Even if you don't, each trade costs only $4.50 only. That sure beats my current TD Ameritrade account which charges me $9.99.

On an average I probably make 12-20 trades every month.
So at TD Ameritrade ($9.99/trade) is going to cost me about: $119.88 - $199.80 / month
At Zecco (10 free and $4.50/trades) is going to cost me about: $9 - $45 / month
That's a minimum of over $100 savings every month.

I use Jim Cramer's Action Alerts for trading advice in addition to Google, Yahoo and MSN for charts and news. So, for my investing style, Zecco.com is much cheaper.

Here is a link to visit their web site:
Check it out for yourself.

At least I plan to give it a try. I promise I will post my experiences with Zecco.com in my blog here.

2 comments:

Anonymous said...

Good for people to know.

Anonymous said...

Your blog keeps getting better and better! Your older articles are not as good as newer ones you have a lot more creativity and originality now keep it up!