Saturday, October 21, 2006

Free Trade And Dividend Reinvestment From Zecco

It seems that Zecco not only offers free equity trade for an account with a balance of $2500 or more, but they also have free dividend reinvestment. The following is from Zecco's FAQ section:

Does Zecco Trading allow account holders to automatically reinvest dividends for equities and exchange traded funds?
Yes, dividend reinvestment is a feature that is available to our clients and can be setup during the account opening process. If you would like to add this feature after the account opening process is complete, you must submit the request in writing to our customer service department.

Anyway, now we can be assured that they do offer dividend reinvestment. And the best way to use this service is setting it up when getting a new account.

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