Trade Stocks With Zero Commissions?
Yes, the heading is right, zero commissions on trading stocks, not just low commissions.
Zecco, a start-up allows consumers to trade stocks for zero commissions, versus $10 to $20 that many online brokers charge today.
Morten Lund, on of the guys behind Skype, believes he can offer zero commission trading and recover costs from advertising on the site. Let's hope he is right.
The launch of this appears to be in about 18 days.
