Compare Our Pricing
We challenge you to find a better deal than this.
For stocks and ETFs, you can make up to 10 free trades a month with a $2,500 minimum balance (net account equity), and after that you only have to pay $4.50 per stock trade. At $4.50 plus $0.50 per contract with no minimums, our options commission fees are among the lowest in the industry.
The free trade offer is only available for your first account of each account type.
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Equity Trades
Equity trades include stock and ETFs (Exchange Traded Funds). With Zecco Trading, you get 10 free online stock trades each month with $2,500 or more, otherwise, it's only $4.50 per stock trade. (Note: There are transactional fees on sell orders in the free trades.)
| Free |
$12.99 |
$9.99 |
$7.00 |
$14.95 (0-8 trades per quarter)
and $9.95 (9 trades + /quarter) |
| $19.99 |
$12.99
(+$45.00) |
$44.99 |
$27.00 |
$9.95 |
Options Trades
As a Zecco Trading customer online options trades are $4.50 plus $0.50 per contract with no minimums. Options exercises and assignments are $4.50.
$4.50
(+ $0.50) |
$12.99
(+ $0.75) |
$9.99
(+ $0.75) |
$7.00
(+ $1.25) |
$14.95
(+ $1.50) |
$19.99
(+ $0.75) |
$57.99
(+ $0.75) |
$44.99
(+ $0.75) |
$27.00
(+ $1.25) |
$14.95
(+ $1.50) |
Standard rates of major online firms. Competitor pricing information has been obtained as of 10/9/2008
and is believed to be accurate, but is not guaranteed. The above firms might provide for reduced fees
and commissions based on account size, trading frequency, and if certain other conditions are met.
Margin Rates
Enjoy margin rates of 4.70% up to 7.20% on margin interest as long as your account meets the debit balance requirement below. Learn more about our Margin rates.
| $0-$49,999 |
Base Rate |
7.20% |
| $50,000-$499,999 |
Base Rate - 0.50%
Negotiable, call 877-700-STOCK
(877-700-7862). |
6.70% |
| $500,000+ |
Base Rate - 2.50%
Negotiable, call 877-700-STOCK
(877-700-7862). |
4.70% |
*Zecco Base Rate is 7.20% as of April 1, 2008. Your margin interest will be based upon the margin rate and your average monthly debit balance. Base Rate is currently calculated using various market interest rates and internal costs. The Base Rate is subject to change without prior notice.
If you have a question regarding a service and its associated fee that is not listed here, please contact us for further information at customerservice@zeccotrading.com.
Account Minimum & Inactivity Fees
| None |
$40.00 per/quarter
after first year |
None |
None |
None |
| None |
None |
None |
$500 |
None |
(1) Margin accounts require a $2,000 minimum.
Mutual Funds
| $10.00 |
Free |
Free
(for no trasaction fee funds)
|
Free
(for no transaction fee funds) |
$14.95 |
| $19.99 |
$45.00
+ Commission |
$49.99 |
Fund Fee
+$20.00 |
$14.95 |
Credit Interest
Zecco Trading will credit an interest rate of 0.10% annually on cash balances held in all accounts. 0.10% paid monthly based on average monthly cash balance.
You may also choose to invest your uninvested funds in one of the three money market funds below.
Check out the money market fund sweep request form. Rates Effective 8/28/2008:
| CAT Tax Exempt Portfolio |
0.92% |
| CAT MM Portfolio |
1.75% |
| ICT Treasury Portfolio |
1.17% |
Other Charges
Our prices are not introductory, nor are there any hidden fees after your account is established.
| Accommodation Transfers |
$25.00 plus certificate fees per issue |
| Outgoing Automated Customer Account Transfer (ACAT) |
$50.00 per account |
| DTC Transfer Fee |
$25.00 per request |
| Physical Stock Deposit |
$75.00 |
| Cash withdrawal prior to trade settlement(s) |
$20.00 plus interest to settlement date |
| Reg. "T" Extension |
$10.00 per request plus interest from settlement date until paid |
| Reorg Items and Tenders |
$15.00 per request plus interest from settlement date until paid |
| Research & Statement Copies |
$15.00 per hour (1 hour minimum) |
| Returned Checks |
$20.00 plus interest from the earlier of the settlement date or date of deposit |
|
Returned ACH Fee
|
$25.00 |
|
Securities purchased against Non-Cleared Funds
|
Interest on balance (see margin interest rates) |
| Taxpayer ID Penalties |
At Cost |
| Transfer Fees |
At Cost |
| Wire Funds |
$15.00 |
| Foreign Wire Fee |
$50.00 |
| Saturday Delivery Checks |
$25.00 |
| Overnight Check Delivery (U.S.) |
$20.00 |
| Overnight Check Delivery (Int'l) |
$30.00 |
| Stop Payment |
$25.00 per check (only if check is 10 or less days old) |
| Overdrawn NSF Fee |
$35.00 |
| FedEx Overnight Fee |
$15.00 |
| FedEx Saturday Fee |
$25.00 |
| Transfer and Ship (Certificates) |
$100.00 per certificate
|
| IRA Annual Fee |
$30.00 annually |
| IRA Closing Fee |
$30.00 |
| Non-Transferable/Worthless Securities held in account |
$7.50 per month per security |
Contact Customer Services by:
Email: customerservice@zeccotrading.com
Fax: (626) 529-7077
Phone: 877-700-STOCK
(877-700-7862)
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For Section 31 fees and Trading Activity Fee (TAF), please see our FAQs.
Disclosures
Competitor pricing information has been obtained as of 10/9/2008 and is believed to be accurate, but is not guaranteed.
Comparison accounts assume a balance of $10,000.
The above firms might provide for reduced fees and commissions based on account size, trading frequency,
and if certain other conditions are met.
All fees and commissions are quoted in US Dollars. All charges are subject to change with 10 day notice to you.
For mutual fund orders, please consult the prospectus for additional fees and expenses.
Partial fills on the same day will result in one commission charge.
Partial fills executed over more than one day will result in additional commission charges at a rate of one per day.
Partial fills executed over multiple days will count as one additional trade per day.
All modified open orders for partially filled trades will be considered a new trade.
Options Trading is not for everyone, and include substantial risks.
Margin borrowing carries some
risks
and may not be right for everyone.
It is important that you fully understand your financial situation, the rules of margin borrowing,
and conditions that may affect your investments.
Transfer fees may be charged against your account by your existing brokerage firm.