Zecco vs tradeMONSTER

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If you’re looking to change brokers you’re not exactly short of options these days. The sheer number of brokers offering online trading today is mind boggling. Some cater for experienced traders others for beginners.

So it’s important that you do your homework first, as getting stuck with the wrong broker can cost you a small fortune in transfer fees.

To help you out we’ve compared two of the most popular discount brokerage houses against each another. We’ve rated them for services provided, price and platform functionality.

Check out the tables below and you should get a pretty good idea of which broker will suit you the best. And don’t forget both brokers offer virtual trading so you can give them a try before risking any real capital.

Products & Services
Broker	Zecco	tradeMONSTER
Rating	[rating:4/5]	[rating:3/5]
website	Visit the Zecco Website	Visit the tradeMONSTER Website
Our Review	Read OurFull Zecco Review	Read Our tradeMONSTER Review
	Bank Deposits	Bank Deposits
	Bonds	Bonds
	Certificates of Deposits	Certificates of Deposits
	Day Trading	Day Trading
Services	Extended Hours Trading	Extended Hours Trading
	ETFs	ETFs
	IRAs	IRAs
	Mutual Funds	Mutual Funds
	Trading Community	Trading Community

Services Overview

When you check out the products each broker provides it’s important to look beyond the basics. Most brokers offer the main investment products these days so the difference is going to come down to ancillary services like extended hours trading.

When you do that you’ll notice Zecco don’t offer extended hours trading which could be a major problem if you check your portfolio after work.

Neither broker offers day trading services either, so all you day traders out there will have to look elsewhere. Other than that both brokers are pretty evenly matched.

Trading Tools
	Zecco	tradeMONSTER
	Automated Trading	Automated Trading
	Investor Resource Center	Investor Resource Center
	Mobile Trading	Mobile Trading
	Online Advisor	Online Advisor
Trading Tools	Profit & Loss Calculator	Profit & Loss Calculator
	Streaming Charts	Streaming Charts
	Stock & Fund Screeners	Stock & Fund Screeners
	Tables & Graphs	Tables & Graphs
	Training & Education	Training & Education
	Virtual Trading	Virtual Trading

Trading Tools Overview

This is where the key differences lie between brokers, this and customer service I would say. So which platform is going to suit you best? Well that’s going to come down to the way you trade and your experience.

The tradeMONSTER platform comes fully loaded with tools for options traders. You’ll get access to a number of professional level tools like Spectral Analysis and Spread Maker which allows you to build option spread trades quickly, efficiently, and easily.

The Zecco platform is tailored more towards rookies than serious options traders. It has a simplified user interface which is both intuitive and easy to use. There are still plenty of tools available, but they’re geared towards helping beginners rather than serious options trading.

Summary

You can clearly see that Zecco is the cheaper of the two brokers; a trader making a number of smaller trades would be able to save a significant amount of money using Zecco.

That doesn’t mean you should discount tradeMONSTER, their much more advanced trading platform more than makes up for the slight increase in commissions, especially if you trade thousands of shares per transaction.

Zecco on the other hand cater for less experienced traders, they have one of the best trading communities on the net and offer some excellent training materials, including live webinars and virtual trading classes.

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