Equity Trades
Equity trades include stock and ETFs (Exchange Traded Funds). With Zecco Trading, you get 10 free stock trades every month when you maintain a $25,000 net equity balance or execute at least 25 trades each month (paid or free). Otherwise it’s just $4.50 per trade. See details. (Note: There are transactional fees on sell orders in the free trades.)
| Zecco Trading | E*Trade | TD Ameritrade | Scottrade | OptionsXpress | |
|---|---|---|---|---|---|
| Internet | Free | $12.99 | $9.99 | $7.00 | $14.95 (0-8 trades per quarter) and $9.95 (9 trades + /quarter) |
| Broker Assisted | $19.99 | $12.99 (+$45.00) | $44.99 | $27.00 | $9.95 |
Options Trades
As a Zecco Trading customer online options trades are $4.50 plus $0.50 per contract with no minimums. Options exercises and assignments are $4.50.
| Zecco Trading | E*Trade | TD Ameritrade | Scottrade | OptionsXpress | |
|---|---|---|---|---|---|
| Online Trade (+ contract) | $4.50 (+ $0.50) | $12.99 (+ $0.75) | $9.99 (+ $0.75) | $7.00 (+ $1.25) | $14.95 (+ $1.50) |
| Broker Assisted (+ contract) | $19.99 (+ $0.75) | $57.99 (+ $0.75) | $44.99 (+ $0.75) | $27.00 (+ $1.25) | $14.95 (+ $1.50) |
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