Between Zecco and Scoottrade and Fridity, to trade stock which one is better and why?

Question

Between Zecco and Scoottrade and Fridity, to trade stock which one is better and why?

Answer 1

Perhaps your trading should be left a broker

Answer 2

All major brokerage firms provide their clients with on-line services, including trading platforms, latest market & financial news and research.

Customer need to select the site that is best for them.  Traders have requirements in a site, while investors have other requirements.  

Although most sites are geared to general securities and commodities, however customers may have special needs for the types of products they trade, and the markets in which they trade.

Between among the 3 firms you listed, Fidelity is the better of all of them,   Not only is it a large fund company, it is one of the better full service brokerage firms and the strongest financially.  They own their own clearing corportation, they are participates in IPO selling groups, it has an excellent order routing system, has it's own fixed income desk, it provides Argus Research to its customers among other professional services.

Scottrade is considered on of the better discount brokerage firms, and enjoys a well earned reputation.  It too has a excellent trading platform, and order routing services.  It is a full service company that provides their customers all that is needed to be either investors or traders.

Zecco is a discount service company, you get what you pay for.

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Answer 3

It really depends on what type of trader you are.  If you don't really care about the research tools and you really stress free trades, you should consider Zecco.  If you want good customer service, but you don't think you will need DRIPs, you should consider Scottrade.  There are a lot of brokerage firms out there.  You should do your research to see which one is best for you.  I currently use Firstrade because they offer free DRIPs.

Answer 4

Of the 3, Fidelity is the best for a new trader. Scottrade is good for the more experienced/active trader, that need little research. Zecco is not for anyone (poor service, poor platform, poor execution).

For me the best choices are;

Schwab (for the newbie)

Scottrade (a Little more experienced and active trader)

ThinkOrSwim (for the much more experienced, very active trader).

Answer 5

Zecco seems too small to be worth bothering with.

my advice would be to open an account with a bigger-name like fidelity which will give you great research.  only fund the minimum, though, and then just buy an index fund or something.

then, open up an account with scottrade, and take advantage of the better commissions there.

you would be getting the best research, and the best price!