Unproved
Closed
Unproved
Closed
Zecco
United States
Founded in
2006 (20 Years)
Founded
Last online: No recent activity
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OVERALL SCORE
Licenses
--/40
Reviews
--/60
0 reviews
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Security Information
Warning
This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Warning Report
Warning Report is a record of alerts about trading activities, account management, or compliance issues. It helps you keep track of potential risks or problems in your trading account.
Close
|
Mar 12, 2024
This broker is closed.
Company Information
Get to know Zecco
Company Information
Get to know Zecco
Founded in 2006, Zecco (an acronym for Zero Commission Cost) was a revolutionary online brokerage that disrupted the industry by offering commission-free stock trades, a model that was unprecedented at the time. The company's mission was to democratize investing by making it accessible and affordable for everyone. Its business grew rapidly, attracting investors with its free trading model for qualifying accounts. In 2012, Zecco was acquired by its competitor, TradeKing. The combined entity continued to operate until it was acquired by Ally Financial in 2016 and subsequently integrated and rebranded into what is now known as Ally Invest.
Industry
- Stock BrokerPRIMARY
- Forex Retail Broker
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