Comments on: Zecco Has A Hard Road Ahead http://www.techcrunch.com/2006/09/22/3014/ Startup and Technology News Fri, 27 Nov 2009 01:58:47 -0800 hourly 1 By: Gerrard http://www.techcrunch.com/2006/09/22/3014/comment-page-2/#comment-2988860 Gerrard Thu, 17 Sep 2009 22:31:00 +0000 http://www.techcrunch.com/2006/09/22/3014/#comment-2988860 Been with Zecco since 2007 and currently I've over $70,000 in equities in my account and depositing about $500 per week. My experience with them have been good overall, they're trustworthy and since my account meets their requirements for free trades, the 10 trades make my dollar cost averaging investment style work out very nicely. I hardly ever spend more than 3 minutes on hold with them. Been with Zecco since 2007 and currently I’ve over $70,000 in equities in my account and depositing about $500 per week. My experience with them have been good overall, they’re trustworthy and since my account meets their requirements for free trades, the 10 trades make my dollar cost averaging investment style work out very nicely. I hardly ever spend more than 3 minutes on hold with them.

]]> By: john sloan http://www.techcrunch.com/2006/09/22/3014/comment-page-2/#comment-2666844 john sloan Tue, 24 Mar 2009 04:19:17 +0000 http://www.techcrunch.com/2006/09/22/3014/#comment-2666844 I researched Zecco as well and i put my money it it to really check it out and decided it was a bait and switch. It took over a month before I could take my money out, so before you decide to deposit money remember this old saying (If It Sounds Too Good To Be True..... -thats right) so I took a good advice and signed up with scottrade.com and got 3 free trades with this promo code: YWEU0574 I researched Zecco as well and i put my money
it it to really check it out and decided it
was a bait and switch.

It took over a month
before I could take my money out, so before
you decide to deposit money remember this
old saying (If It Sounds Too Good To Be True…..
-thats right) so

I took a good advice and
signed up with scottrade.com and got 3 free
trades with this promo code: YWEU0574

]]> By: Yulia http://www.techcrunch.com/2006/09/22/3014/comment-page-2/#comment-2643844 Yulia Wed, 04 Mar 2009 21:48:31 +0000 http://www.techcrunch.com/2006/09/22/3014/#comment-2643844 Zecco, to compete must have hired their customer service personnel from the local asylum. After a month of unbelievable problems I am closing my account. I trade options and have had incredible problems with their platform. One day I purchase options the next two days try to sell and get a message that my account is not set up for option trading. It took two days to get the error corrected. Don't try calling, you will get put on hold and disconnected. This happened again, the same problem. Two days later and not response from customer service. My recommendation is avoid ZECCO at all costs. You get what you pay for. And for zero cost you get zero results. Zecco, to compete must have hired their customer service personnel from the local asylum. After a month of unbelievable problems I am closing my account. I trade options and have had incredible problems with their platform. One day I purchase options the next two days try to sell and get a message that my account is not set up for option trading. It took two days to get the error corrected. Don’t try calling, you will get put on hold and disconnected. This happened again, the same problem. Two days later and not response from customer service. My recommendation is avoid ZECCO at all costs. You get what you pay for. And for zero cost you get zero results.

]]> By: It Turns Out Zecco’s Free Trading Model Isn’t Such A Good Idea | Kawink Blog http://www.techcrunch.com/2006/09/22/3014/comment-page-2/#comment-2615189 It Turns Out Zecco’s Free Trading Model Isn’t Such A Good Idea | Kawink Blog Tue, 03 Feb 2009 22:46:31 +0000 http://www.techcrunch.com/2006/09/22/3014/#comment-2615189 [...] outlined three points in 2006 on why Zecco’s free trading model raised some red flags. Unsurprisingly, the discount [...] [...] outlined three points in 2006 on why Zecco’s free trading model raised some red flags. Unsurprisingly, the discount [...]

]]> By: It Turns Out Zecco’s Free Trading Model Isn’t Such A Good Idea | 226bw Tech News Blog http://www.techcrunch.com/2006/09/22/3014/comment-page-2/#comment-2614896 It Turns Out Zecco’s Free Trading Model Isn’t Such A Good Idea | 226bw Tech News Blog Tue, 03 Feb 2009 17:28:51 +0000 http://www.techcrunch.com/2006/09/22/3014/#comment-2614896 [...] outlined three points in 2006 on why Zecco’s free trading model raised some red flags. Unsurprisingly, the discount [...] [...] outlined three points in 2006 on why Zecco’s free trading model raised some red flags. Unsurprisingly, the discount [...]

]]> By: It Turns Out Zecco’s Free Trading Model Isn’t Such A Good Idea | All about MICROSOFT http://www.techcrunch.com/2006/09/22/3014/comment-page-2/#comment-2614174 It Turns Out Zecco’s Free Trading Model Isn’t Such A Good Idea | All about MICROSOFT Mon, 02 Feb 2009 22:40:25 +0000 http://www.techcrunch.com/2006/09/22/3014/#comment-2614174 [...] outlined three points in 2006 on why Zecco’s free trading model raised some red flags. Unsurprisingly, the discount [...] [...] outlined three points in 2006 on why Zecco’s free trading model raised some red flags. Unsurprisingly, the discount [...]

]]> By: It Turns Out Zecco’s Free Trading Model Isn’t Not Such A Good Idea | All about MICROSOFT http://www.techcrunch.com/2006/09/22/3014/comment-page-2/#comment-2614158 It Turns Out Zecco’s Free Trading Model Isn’t Not Such A Good Idea | All about MICROSOFT Mon, 02 Feb 2009 22:20:34 +0000 http://www.techcrunch.com/2006/09/22/3014/#comment-2614158 [...] outlined three points in 2006 of why Zecco’s free trading model raised some red flags. Unsurprisingly, the discount online [...] [...] outlined three points in 2006 of why Zecco’s free trading model raised some red flags. Unsurprisingly, the discount online [...]

]]> By: It Turns Out Zecco’s Free Trading Model Is Not Such A Good Idea http://www.techcrunch.com/2006/09/22/3014/comment-page-2/#comment-2614152 It Turns Out Zecco’s Free Trading Model Is Not Such A Good Idea Mon, 02 Feb 2009 22:13:36 +0000 http://www.techcrunch.com/2006/09/22/3014/#comment-2614152 [...] outlined three points in 2006 of why Zecco’s free trading model raised some red flags. Unsurprisingly, the discount online [...] [...] outlined three points in 2006 of why Zecco’s free trading model raised some red flags. Unsurprisingly, the discount online [...]

]]> By: Zecco.com - Review « The Personal Finance Playbook http://www.techcrunch.com/2006/09/22/3014/comment-page-2/#comment-2610006 Zecco.com - Review « The Personal Finance Playbook Thu, 29 Jan 2009 12:20:48 +0000 http://www.techcrunch.com/2006/09/22/3014/#comment-2610006 [...] customer service.  Check out this article by Seeking Alpha (can you tell I like this blog?).  Here’s another article, written shortly after Zecco unveiled their zero commission model, predicting that [...] [...] customer service.  Check out this article by Seeking Alpha (can you tell I like this blog?).  Here’s another article, written shortly after Zecco unveiled their zero commission model, predicting that [...]

]]> By: verbal1164 http://www.techcrunch.com/2006/09/22/3014/comment-page-1/#comment-2462207 verbal1164 Mon, 08 Sep 2008 14:32:46 +0000 http://www.techcrunch.com/2006/09/22/3014/#comment-2462207 Unfortunately there are always technical problems with zecco. I have been with them for a little over 6 weeks, and on average there website has technical difficuly once a week. Couple that with the fact that you have to log in TWICE to access the trade area,...well, you get it. Time is imparitive in trading. There seems to be a HUGE need for competent IT people with zecco. I am going to leave the assets I have with them intact until I find a more competent trading platform. I also plan to move my scotrade account over at some point. It does me no good to be with a site that I can't access when I need. I have lost too many oppertunities already. Unfortunately there are always technical problems with zecco. I have been with them for a little over 6 weeks, and on average there website has technical difficuly once a week. Couple that with the fact that you have to log in TWICE to access the trade area,…well, you get it. Time is imparitive in trading. There seems to be a HUGE need for competent IT people with zecco. I am going to leave the assets I have with them intact until I find a more competent trading platform. I also plan to move my scotrade account over at some point. It does me no good to be with a site that I can’t access when I need. I have lost too many oppertunities already.

]]> By: Slimming tea http://www.techcrunch.com/2006/09/22/3014/comment-page-2/#comment-2326417 Slimming tea Sun, 25 May 2008 23:25:18 +0000 http://www.techcrunch.com/2006/09/22/3014/#comment-2326417 <strong>Slimming tea...</strong> If you\'re overweight or have been, you know that it can cut into the quality of your life. You spend too much time thinking about food, feeling guilty about eating, and obsessing about what you look like. The Reverse Diet will show you how to recogn... Slimming tea…

If you\’re overweight or have been, you know that it can cut into the quality of your life. You spend too much time thinking about food, feeling guilty about eating, and obsessing about what you look like. The Reverse Diet will show you how to recogn…

]]> By: TechCrunch Japanese アーカイブ » Zecco、前途は険しい http://www.techcrunch.com/2006/09/22/3014/comment-page-2/#comment-1856624 TechCrunch Japanese アーカイブ » Zecco、前途は険しい Thu, 20 Dec 2007 00:50:46 +0000 http://www.techcrunch.com/2006/09/22/3014/#comment-1856624 [...] [原文へ] Zecco [...] [...] [原文へ] Zecco [...]

]]> By: Investing Money Stock Blog | Investor Trip http://www.techcrunch.com/2006/09/22/3014/comment-page-2/#comment-1438521 Investing Money Stock Blog | Investor Trip Mon, 18 Jun 2007 02:48:52 +0000 http://www.techcrunch.com/2006/09/22/3014/#comment-1438521 <strong>Zecco Review: Buy and Sell Stock Trades for Free...</strong> This comprehensive Zecco review serves as a guide, which outlines every step I took in the Zecco Signup process. My account was approved very quickly, and the whole process took less than a day to complete (excluding ACH transfers). Signing Up for a Z... Zecco Review: Buy and Sell Stock Trades for Free…

This comprehensive Zecco review serves as a guide, which outlines every step I took in the Zecco Signup process. My account was approved very quickly, and the whole process took less than a day to complete (excluding ACH transfers).

Signing Up for a Z…

]]> By: SevenColor http://www.techcrunch.com/2006/09/22/3014/comment-page-1/#comment-1062867 SevenColor Mon, 26 Feb 2007 22:11:54 +0000 http://www.techcrunch.com/2006/09/22/3014/#comment-1062867 Nowaday a good thing will spread like fire, fast than anyone expected. Nowaday a good thing will spread like fire, fast than anyone expected.

]]> By: Lars http://www.techcrunch.com/2006/09/22/3014/comment-page-1/#comment-1055241 Lars Mon, 26 Feb 2007 06:33:21 +0000 http://www.techcrunch.com/2006/09/22/3014/#comment-1055241 Since when did you pay google to search the internet? Every time you search the internet it costs google money. Bandwidth isn't free - paid staff that monitors servers isn't free. FREE does not mean the entire business plan is FREE. Google for example makes money off businesses paying for advertising.Zecco could make money on people who trade more actively, or on advertising, or on API subscriptions, or on "enhanced services". Ever see a restaurant give away FREE soup with a meal? FREE has been selling for ages. Since when did you pay google to search the internet? Every time you search the internet it costs google money. Bandwidth isn’t free – paid staff that monitors servers isn’t free.

FREE does not mean the entire business plan is FREE. Google for example makes money off businesses paying for advertising.Zecco could make money on people who trade more actively, or on advertising, or on API subscriptions, or on “enhanced services”.

Ever see a restaurant give away FREE soup with a meal? FREE has been selling for ages.

]]> By: Shimshon Feder http://www.techcrunch.com/2006/09/22/3014/comment-page-1/#comment-761837 Shimshon Feder Sun, 21 Jan 2007 12:13:36 +0000 http://www.techcrunch.com/2006/09/22/3014/#comment-761837 I think that zecco has a very good idea. Many companies on the web are making most of their profits from sources of revenue other than fees. Just look at AOL. AOL is making most of its money from advertising on line. That is why AOL is going to a free service to keep it's membership base from dropping due to competition. I think that zecco has a very good idea. Many companies on the web are making most of their profits from sources of revenue other than fees. Just look at AOL. AOL is making most of its money from advertising on line. That is why AOL is going to a free service to keep it’s membership base from dropping due to competition.

]]> By: Techcrunch » Blog Archive » Stockpickr in deal with The Street: More to Come? http://www.techcrunch.com/2006/09/22/3014/comment-page-1/#comment-654097 Techcrunch » Blog Archive » Stockpickr in deal with The Street: More to Come? Wed, 03 Jan 2007 21:53:21 +0000 http://www.techcrunch.com/2006/09/22/3014/#comment-654097 [...] What makes the deal really interesting is there just hasn’t been much to write about in the financial services community with respect to web 2.0. Perhaps the crater was too deep, the wounds too great from the drop in the NASDAQ, but there’s been almost no noise out of this sector. Now, in the last few months, we’re had news from SeekingAlpha, Zecco, Motley Fool and now Stockpickr. We’ve heard rumblings about other startups and new products in the space as well. The big brokerages have far bigger war chests than does TheStreet. This space could get hot in a hurry. Stockpickr Sphere It [...] [...] What makes the deal really interesting is there just hasn’t been much to write about in the financial services community with respect to web 2.0. Perhaps the crater was too deep, the wounds too great from the drop in the NASDAQ, but there’s been almost no noise out of this sector. Now, in the last few months, we’re had news from SeekingAlpha, Zecco, Motley Fool and now Stockpickr. We’ve heard rumblings about other startups and new products in the space as well. The big brokerages have far bigger war chests than does TheStreet. This space could get hot in a hurry. Stockpickr Sphere It [...]

]]> By: Cate Long http://www.techcrunch.com/2006/09/22/3014/comment-page-1/#comment-263016 Cate Long Fri, 13 Oct 2006 19:14:22 +0000 http://www.techcrunch.com/2006/09/22/3014/#comment-263016 At the current rate that Zecco is signing up customers I'm calulating that it will take 275 years for Zecco to gain as many accounts as Bank of America... http://shopyield.com/blog/2006/10/13/earning-revenue-from-retail-investors/#more-39 At the current rate that Zecco is signing up customers I’m calulating that it will take 275 years for Zecco to gain as many accounts as Bank of America…

http://shopyiel...estors/#more-39

]]> By: shopyield.com » Earning revenue from retail investors… http://www.techcrunch.com/2006/09/22/3014/comment-page-1/#comment-263007 shopyield.com » Earning revenue from retail investors… Fri, 13 Oct 2006 19:12:46 +0000 http://www.techcrunch.com/2006/09/22/3014/#comment-263007 [...] Several big announcements this week on the retail side of the equity business. Bank of America and a new market entrant, Zecco.com, announced free online equity trading. I learned about Zecco from a Techcrunch post. [...] [...] Several big announcements this week on the retail side of the equity business. Bank of America and a new market entrant, Zecco.com, announced free online equity trading. I learned about Zecco from a Techcrunch post. [...]

]]> By: Intuitive Stocks - More Money than Ebay or Blogging » Blog Archive » Bank of America offers FREE ONLINE TRADING! http://www.techcrunch.com/2006/09/22/3014/comment-page-1/#comment-261380 Intuitive Stocks - More Money than Ebay or Blogging » Blog Archive » Bank of America offers FREE ONLINE TRADING! Fri, 13 Oct 2006 01:38:07 +0000 http://www.techcrunch.com/2006/09/22/3014/#comment-261380 [...] TD Ameritrade (which is the online broker I currently use) tried to offer free trading but ended up with the $9.99 flat rate for all trades. This Monday, October 9th, Zecco.com, a small startup brokerage started offering 10 free trades per month with no other conditions. While smaller sites like Zecco.com and some others who have lower rates than $9.99 have done little to dethrone TD Ameritrade, E*Trade, and Schwabb, it was because these start-up companies do not have the presence and business dominance of Bank of America. Along comes Bank of America now to change the online trading scene, and they will too. [...] [...] TD Ameritrade (which is the online broker I currently use) tried to offer free trading but ended up with the $9.99 flat rate for all trades. This Monday, October 9th, Zecco.com, a small startup brokerage started offering 10 free trades per month with no other conditions. While smaller sites like Zecco.com and some others who have lower rates than $9.99 have done little to dethrone TD Ameritrade, E*Trade, and Schwabb, it was because these start-up companies do not have the presence and business dominance of Bank of America. Along comes Bank of America now to change the online trading scene, and they will too. [...]

]]> By: Permagnus.com · Discount Brokerage Going Free Brokerage? http://www.techcrunch.com/2006/09/22/3014/comment-page-1/#comment-258472 Permagnus.com · Discount Brokerage Going Free Brokerage? Wed, 11 Oct 2006 19:12:36 +0000 http://www.techcrunch.com/2006/09/22/3014/#comment-258472 [...] Bank of America just weaved trading commission fees for their clients. Does this mean that the brokerage industry is going for the zero commission in the long run? Zecco (coverage here) already offered an almost free trading account. Will other follow suit? Share and Enjoy:These icons link to social bookmarking sites where readers can share and discover new web pages. [...] [...] Bank of America just weaved trading commission fees for their clients. Does this mean that the brokerage industry is going for the zero commission in the long run? Zecco (coverage here) already offered an almost free trading account. Will other follow suit? Share and Enjoy:These icons link to social bookmarking sites where readers can share and discover new web pages. [...]

]]> By: Zecco Team http://www.techcrunch.com/2006/09/22/3014/comment-page-1/#comment-223003 Zecco Team Tue, 26 Sep 2006 10:29:59 +0000 http://www.techcrunch.com/2006/09/22/3014/#comment-223003 Adam, sorry you were not able to access Zecco.com. We are still in Beta mode, so we are frequently updating the site with a number of improvements. This means that Zecco.com will be temporarily off-line during these periods. Please come back soon. Adam, sorry you were not able to access Zecco.com. We are still in Beta mode, so we are frequently updating the site with a number of improvements. This means that Zecco.com will be temporarily off-line during these periods. Please come back soon.

]]> By: Adam Teece http://www.techcrunch.com/2006/09/22/3014/comment-page-1/#comment-222688 Adam Teece Tue, 26 Sep 2006 07:50:43 +0000 http://www.techcrunch.com/2006/09/22/3014/#comment-222688 Maybe Zecco won't do as well as I hoped. Their website seems to have gone away. I just tried going to it and it is one of those domain parking services now. Maybe Zecco won’t do as well as I hoped. Their website seems to have gone away. I just tried going to it and it is one of those domain parking services now.

]]> By: Morten E. Wulff http://www.techcrunch.com/2006/09/22/3014/comment-page-1/#comment-222490 Morten E. Wulff Tue, 26 Sep 2006 05:58:22 +0000 http://www.techcrunch.com/2006/09/22/3014/#comment-222490 This is one of the few FREE software ideas I really like. I've previously posted about the fundamental problems with free software. Well, this is more like a service anyway... My guess is that Zecco will succeed and here's why: 1. Zecco is free. 2. Zecco has well-defined alternative revenue drivers. * Interest rate from client accounts. * Lending fees. * Advertising (one of the highest CPC segments). 3. Zecco is a from-scratch-lean-light-weight company. 4. Zecco is involved with best-in-class marketers who really know how to BUZZ. This is one of the few FREE software ideas I really like. I’ve previously posted about the fundamental problems with free software. Well, this is more like a service anyway…

My guess is that Zecco will succeed and here’s why:

1. Zecco is free.

2. Zecco has well-defined alternative revenue drivers.
* Interest rate from client accounts.
* Lending fees.
* Advertising (one of the highest CPC segments).

3. Zecco is a from-scratch-lean-light-weight company.

4. Zecco is involved with best-in-class marketers who really know how to BUZZ.

]]> By: The Personal Finance Weblog http://www.techcrunch.com/2006/09/22/3014/comment-page-1/#comment-222189 The Personal Finance Weblog Tue, 26 Sep 2006 02:29:01 +0000 http://www.techcrunch.com/2006/09/22/3014/#comment-222189 <strong>Hello? Zecco?...</strong> So I read in various places about this new investing startup Zecco that is going to offer free stock trades, and make its money from site advertising versus customer commissions. Then I got an e-mail from a guy at Zecco...... Hello? Zecco?…

So I read in various places about this new investing startup Zecco that is going to offer free stock trades, and make its money from site advertising versus customer commissions. Then I got an e-mail from a guy at Zecco……

]]>