Comments on: Zecco Affiliates Can’t Criticize Zecco

By: kendall

kendall — Sun, 30 Jan 2011 00:15:59 +0000

glad i found ;you guys…zecco just lost my acct for sure…..thanks everyone….right now i am at td , but looking for something cheaper for trades….definitely NOT zecco

By: carole

carole — Mon, 05 Oct 2009 12:58:33 +0000

I’m pretty sure I opened my Zecco account thru your link, and would like to pull my money out of principle, but the 10 free trades I get each month provide me with a great opportunity to do short term trading. I use Ameritrade for research, then place the orders on Zecco. Very profitable so far. But you gain even more respect for holding your ground. Keep up the good work.

By: eric

eric — Wed, 30 Sep 2009 22:24:37 +0000

Way to go Jim!

I know you said this wasn’t really a matter of principles but I’m glad you did what you did. Can’t believe Zecoo had the audacity to do something like that. I’ve never had an account with Zecco and frankly, I don’t think I will be getting one any time soon.

By: Juan

Juan — Wed, 30 Sep 2009 17:56:13 +0000

Pulled my money out of zecco. Yeah you pay a little more in other brokerages but the tools and good customer service you get is worth it. For buy and hold investors, other brokerages offer many mutual funds with no transaction fees or loads and they are not low quality funds either. Just my two cents on not letting the 4.50 price per trade fool you

By: zapeta

zapeta — Tue, 29 Sep 2009 15:39:15 +0000

Well, this makes very clear which brokerage I won’t be using in the future.

By: Alan

Alan — Tue, 29 Sep 2009 15:18:40 +0000

I’m glad to hear that you decided not to give in to them and stay honest!

From what I understand, their customer service is pretty poor, and while the free trades were attractive I have nowhere near the minimum balance to get free trades.

By: Jim

Jim — Tue, 29 Sep 2009 12:54:35 +0000

A company will always have something wrong with it and if they can be pragmatic about it, show they recognize and appreciate criticism, and take steps to improve it then their customers will appreciate that. No company is perfect. Name any company and there is a flaw, but hiding it isn’t the way to go.

By: Jack

Jack — Tue, 29 Sep 2009 12:48:09 +0000

It’s your honor that Zecco realized how influential your blog is. The post “Is Zecco a Scam or Legitimate?” actually is not negative review. Many times internet marketers use this kind of title to attract traffics. Zecco’s marketing department really should learn something about internet marketing.

By: MFJ

MFJ — Tue, 29 Sep 2009 12:46:54 +0000

This sounds very much like Zecco – they very closely moderate all of the posts on their message board and anything that could possibly be taken in a negative light is usually deleted within a few hours.

It’s sad too because while they certainly have issues I can deal with that if I am still getting enough value to overcome those issues such as free trades, but what I can not tolerate is them deceiving people and trying to cover up those mistakes.

I’d much rather as you pointed out have them come out and say yes this part of our product is not the best but we are working to improve it, instead of spending probably more time and effort in trying to cover it up, and in the process completely losing the trust of their customers, which when you are dealing with people’s money is not a good thing.

By: nickel

nickel — Tue, 29 Sep 2009 12:27:19 +0000

The best part is that your Adsense block includes an ad from Zecco. And here I thought they were against advertising on your site.

By: Financial Samurai

Financial Samurai — Tue, 29 Sep 2009 05:19:32 +0000

Good stuff on being honest about what you believe in Zecco. We the readers depend on opinions of well-followed bloggers.

Keep up the good work!

By: Mark Wolfinger

Mark Wolfinger — Tue, 29 Sep 2009 03:37:50 +0000

Your integrity is who you are.

You don’t need Zecco.

I’m going to delete them as an affiliate from my blog just as soon as I submit this message.

By: Kosmo @ The Casual Observer

Kosmo @ The Casual Observer — Tue, 29 Sep 2009 03:23:14 +0000

Good choice. If Zecco regularly engages in these sorts of tactics, you probably don’t want to have the affiliation erode the goodwill you’ve built up on the site. You seem to have a very good reputation (as that of a person who goes out of their way to help out new PF bloggers).

On the flip side, it’s nice to see that nobody else has tried to pull this stunt.

By: Jim

Jim — Tue, 29 Sep 2009 01:46:28 +0000

I think you should promote them if it makes sense on your site and if you stay true and honest to yourself.

By: Gene at www.kitchentablenomics.com

Gene at www.kitchentablenomics.com — Tue, 29 Sep 2009 01:39:47 +0000

Your “be right, be firm, be fair” approach is the only one that I found worked best when something like this happened at newspapers I’ve worked for. It’s not unusual for a thin-skinned advertiser or budding control freak to sometimes want to dictate copy. It’s a lot harder for one to do that successfully, though, if you treat him just the same as those who don’t hassle you.

Keep on writing,