July 11, 2009
Zecco Forex Review
Zecco is a name synonymous with stock and options trading but after teaming up with GAIN Capital they are now making inroads into the forex industry as well with their latest venture, Zecco Forex.
Zecco Forex is currently a separate entity from their share trading service so you will have to open a separate account if you are an existing Zecco account holder but it's a fairly straight-forward process.
There are three types of account to choose from. You can open a mini account which requires a minimum deposit of $250 and offers leverage of up to 200:1, or you can open a standard account which requires a minimum deposit of $2500 and offers leverage of up to 100:1.
Alternatively you can open a free $50,000 practice account. This takes just a few minutes and enables you to familiarise yourself with the Zecco Forex trading platform, practice trading the forex markets with a fictional $50,000 and start honing your trading strategies before you open a real money account.
Whichever type of account you choose, you will be offered access to live streaming charts and real-time data for 37 currency pairs. Furthermore not only will you be given access to a wealth of educational materials, but you will also benefit from extremely competitive spreads. For example the spreads on the major currency pairs are just 1-2 pips, and these spreads become even smaller if you are an active trader.
So if you are looking to open an account with a forex broker, you could do a lot worse than Zecco Forex.












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