Zecco

[Frank0051]

No, it really is a .005 cent min. per share, with a max. of .5% of the trade value. So if you are buying $2,500 worth of a stock trading at 1 cent, you would pay $125 based on the .005 cents per trade, but they cap you out at .5% of the trade's value ($2,500). So you are paying $12.50 in commission + the ECN fee is added up on top of that. So, you are paying something like $13 or more depending on ECN fees to trade a company. If that company is DTCC registered and fully reporting, it costs only $6.95 to trade on Zecco.