Still here

Thursday, August 23, 2007

I am back again. This time I have an approved account at zecco.com. I needed to apply again but luckily there now is no need to sign and send in papers. It is all done digitally and it only takes a couple minutes. I was approved the next day. I am now waiting for my bank accounts to get approved so that I can fund my account. Since I last applied zecco has lowered their minimum deposit for free trades to $0. You could deposit a couple cents and buy a single share of a penny stock if you wanted. I am going to start off with a thousand and go from there.I am hoping to stick to stocks under $20 but if I find something I like I will jump on it no matter the price. Let me know if you have any suggestions. I have been reading a lot of threads in the zecco forums and picking up on a bunch of things. I'll post a little of what I learned later.

I know many other trading sites have tried the zero commission route and it didn't work out. Hopefully zecco can survive. It will be hard to start charging commission when your name in fact stands for zero commission!

Posted by Andrew at 7:03 PM 0 comments