ZECCO changing commissions. there goes our low rate for penny stocks.
To better support this balance between offering remarkable value and continuing to deliver the innovative new technologies, tools and services that Zecco Trading customers require, we are modifying our commission structure. Starting on March 30, 2011, our new commission rates will be:
Equity trades: $4.95 per trade*
Options trades: $4.95 per trade, plus $0.65 per contract
With this change we are no longer offering 10 free trades per month. As before, there are no minimum balance requirements or inactivity fees to open or maintain a Zecco Trading account.
For stocks and ETFs priced under $1.00, online trades are $6.95..
this is the one in fine print at the bottom.
