My Money Blog originally reported this, and a recent e-mail from Zecco confirmed it. Here's more information, directly from the announcement:
October will be a 100% unlimited free trading month for current Zecco Trading customers
Thanks for hanging in there. To show our appreciation for your loyalty, we have decided to make October a 100% unlimited free trading month. This means that between October 1st and October 31st you can make unlimited equity and options trades commission-free. As far as I know, this has never been done in the history of the brokerage industry, until now. But then again, we are seeing things in the market we never would have believed, until now.
If you are not a customer at Zecco, consider opening an account with them.
Eligibility for the October Promotion
- The no-commission stock and options trade offer applies to all Zecco Trading accounts in good standing.
- The offer applies to equity and options trades, including multi-legged options orders and all options contracts.
- Mutual fund trades are not eligible for the offer.
- There is no minimum equity balance requirement or minimum trade volume restriction.
All account types are eligible, including IRA.
- The offer is effective for equity and option trades placed and executed 10/1/08 through 10/31/08. The standard free trading program and options pricing will resume 11/1/08.
Even without this promotion, any Zecco account that has a total value exceeding $2,500 receives 10 free stock trades per month. After that you get charged for your stock trades a small $4.50 commission per trade.
I think that if you open an account now, you would be able to use the no-commissions trading October promotion to build your dividend portfolio.
Popular Posts
-
The goal of every dividend investor is to generate a sufficient stream of passive dividend income, that would adequately cover their expens...
-
I took upon myself to update the list of dividend champions, after the untimely passing of David Fish two months ago. While there are other...
-
As part of my monitoring process, I review recent dividend increases . The process of identifying dividend increases is manual, because it r...
-
I review the list of dividend increases every week as part of my monitoring process. It is very helpful to keep up with the world of divide...
-
As part of my monitoring process, I review the list of dividend increases every week. I typically focus on the companies that have at least ...
-
For your reading enjoyment, I have highlighted several articles that the readers found of particular interest this month. I have included th...
-
Starbucks Corporation (SBUX), together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. T...
-
Broadridge Financial Solutions, Inc. (BR) provides investor communications and technology-driven solutions for the financial services indust...
-
Good Morning, You may have noticed that I created a newsletter focusing on dividend growth stocks last week. I plan to invest $1,000 in a...
-
I usually try to analyze one dividend paying company every week. In a typical stock analysis report, I would outline the years of consecutiv...
