Zecco is a SCAM

[Mango]

I, and many others, feel your pain with Zecco! It amazes me that a company would have the audacity to treat their customers like they do. Changing their self imposed rules into such a non-friendly, and costly manner (for their clients). They don't even give you a way out, but basically trap you into paying exorbitant fees.

My Buying $CAMS with Zecco Experience

Yesterday I bought $CAMS using zecco and woke up this morning to a worthless security notification from zecco. Saying its a worthless security and that I will be charger $7.50/Monthly for keeping the security there.Be advised I cant sell this position. After all the SH*t Zecco has put its customers through with not being able to trade low volume stocks or sell there positions, I dont know why people stay. I asked them to waive the $50 transfer fee so I can move to Ameritrade. The rep spoke with the manager and they came back and said no. I have been with them for 2 years or so, Dealing with the BS. After all the money I have paid in commissions and for them to literally take my money from the $Cams position isnt right.

Im furious. I cant believe they would want to leave the relationship like this.

First $4.95 trades with 25 free trades, Then it goes to 10 free trades, Then nothing. Then $6.95 trades and we cant trade pennies. WTF.

Anyone else have this issue with holding $CAMS using zecco.


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