choosing an online discount broker

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MindsEye

iTuliper

Join Date: Feb 2007

Posts: 5

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choosing an online discount broker

November 24, 2008, 03:45 PM

I am trying to select an online broker. With all the financial turmoil -- what would happen if my online discount broker decided to close up shop? Would I get my money back and would my dollars be worth anything by the time I get them? The first one that caught my eye was Zecco since they can give away free trades every month. They also state that:

'Our fully licensed brokerage is a member of SIPC, covered by Lloyds of London insurance and is secured through VeriSign.'

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