The Options Insider

Zecco Trading

• Trader Girl 799 days ago
  Saw new ads for Zecco Trading on this site. Anyone heard of them or know anything about them? They seem like an interesting option.
• Athos 780 days ago
  They are newcomers to the options block. My big question with them is their execution quality. Is it any good. Do they have any track record or experience executing options orders. From what I've seen, their big value added has been to offer commission free stock trades. In order to do that, they take you for a few percentage points on the execution.
  
  If they apply that same model to options, then you are going to get clobbered relatively quickly. If you save $1 or $2 per contract on your commissions, but you lose $100 or $200 with ever poor execution, then you are not going to long for the trading world.
• Delta Trader 774 days ago
  
  I've powered a few trades through their platform now and I was pleasantly surprised with the quality of the executions. I started off trading small because, like Athos, I expected to be taken to the cleaners on my fills.
  
  But the fills were actually pretty good. Comparable to what I would get with other retail brokers. I kept increasing my size with every test trade. By the end of my tests, I was trading as much size as I would on any other platform.
  
  If you are looking for an options broker, I suggest you give Zecco a try.
• Archon 766 days ago
  They are impressive. I concur with Delta. Cheap. Fast. Decent execution. Can't ask for much more than that.
• Tic Tac 758 days ago
  Good for a beginner or are they too advanced?
  
  Thanks,
  
  Tic Tac
• Bella 754 days ago
  I have used Zecco for about four months now with very good results. I am not a particularly advanced options trader, so I think they would be fine for you as well Tic Tac.
  
  Good luck with Zecco.
• Athos 749 days ago
  That's surprising. I've heard different feedback from a few of my colleagues. They were "dissatisfied" with their Zecco executions, to say the least.
• Thomas 735 days ago
  I'm not sure about Zecco. Haven't heard good things. Maybe it's just me.
• tonyleachsf 728 days ago
  Hey everyone -
  
  I'm glad you've all noticed the ads on the site here. It sounds like most folks have had a good experience with Zecco Trading - great!
  
  Tic Tac - you might be interested in our community as well. It's great for beginners since you can ask all sorts of questions from other investors - though you probably get a lot of what you need right here.
  
  In general, I'd be curious to hear from anyone who's not satisfied. Feel free to send me a note (I'm tonyleachsf in the Zecco community).
  
  And if you're interested in more info about Zecco, I'd recommend you check out some of our "About Zecco" pages, like this one: http://www.zecco.com/aboutus/FreeTradingBusinessModel.aspx
  
  Thanks,
  
  Tony Leach
  Zecco Product Manager
• Delta Trader 722 days ago
  Thanks for the heads up Tony. It's nice to see actual reps from a company taking an interest in the message boards. As I mentioned earlier, I was pleasantly surprised with the quality of Zecco's service. I wouldn't hesitate to use your brokerage firm again to trade options.
• Complete Beginner 707 days ago
  Hey Tony:
  
  Thanks for the info. I was considering Think or Swim, but I'm starting to lean toward Zecco. Can you tell us a little bit about the tools and education that you offer for your customers?
  
  Also, do you offer paper trading?
  
  Thanks.
• Athos 687 days ago
  I don't believe that Zecco offers paper trading, but I could be mistaken. You should contact their customer service.
• Athos 675 days ago
  Zecco customer service info:
  
  Still Have Questions?
  
  Please contact Customer Services by:
  
  * Email: customerservice@zeccotrading.com.
  * Fax: (626) 529-7077.
  * Phone: 877-700-STOCK (877-700-7862).
  
  
  
  Good luck with your trading.
• Thomas 664 days ago
  Still haven't heard good things. But again, maybe it's just me.
• tdaddy 524 days ago
  Athos, Please see the thread titled: "Improved Execution Hype"
• Athos 519 days ago
  Thanks. I will.
• Captain Options 502 days ago
  Haven't seen any more posts from the Zecco community manager lately. I guess he only posts when they have ads running on the site.
  
• Captain Options 502 days ago
  Shame...
• Jersey Boy 373 days ago
  What did you expect? The man had to support his advertising campaign. The campaign obviously worked for them as they got a lot of mentions in this forum.
• Bull Spread 358 days ago
  I wonder if they are going to bring the Zecco Zirens into this forum?
• Zecco Editor 357 days ago
  Hello Options Insider Community,
  
  For those interested to find out more about the quality of the executions at Zecco Trading, please check out this helpful page:
  
  http://www.zecco.com/trading/tradeexecution.aspx
  
  And for those curious to learn more about options trading, our Zecco Zirens do provide some insightful educational videos:
  
  http://www.zecco.com/optionstradingeducation/Default.aspx
  
  Enjoy!
  
  Zecco Editor
• Delta Trader 342 days ago
  Good to have you on the board, Zecco Editor. I'm curious if you've seen the other thread on this board about the Zecco Zirens.
  
  Any thoughts?
• Jester 162 days ago
  Zecco, I haven't seen you guys in the forum or on the rest of the site in a while. What gives?
• Jester 83 days ago
  As an update, I have to say that I've been impressed with all the upgrades that you've done to the Zecco options platform. I started using you guys as a low-cost alternative to OptionsXpress. But now I find that you are actually becoming competitive in terms of tools and functionality.
  
  Of course you guys crush them when it comes to community. Optionsxpress really needs to add more in terms of community functionality (forums, blogs, comments, sharing trade ideas, etc). That definitely seems to be the new trend in options brokerages these days.
• Bull Spread 20 days ago
  When is the new Zecco platform going to launch?
  
  Thanks.