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Re: crookedneck post# 31

Thursday, 11/24/2011 8:01:40 AM

Thursday, November 24, 2011 8:01:40 AM

Post# of 126
Dear Crooked et al.:

I am in sympathy. I have also successfully migrated my (now former) zecco account to my T Rowe Price Brokerage. Yes, TRP charges 9.95 per trade. Historically, this remains a bargain, even for penny trading. And they are not policy messing, like Zecco. In fact, they recently DROPPED their trade fees from twice current.

The transfer process is easy. Target broker has an ACT form (account transfer) which one simply fills out and signs. Guaranteed (or Medallion) signature certifications may be needed.

Zecco initially balked because I provided my new Zecco acc. number and penned in my old one. But the ACT empowered broker simply resubmitted with the proper account - no need for me to redo anything. And the entire account was poof! migrated.

Zecco charges a modest fee, so have that amount in your cash balance.

Also disappointed in Zecco, but moved on,

Pappi

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