Zecco Launches Forex Service

The discount online stock broker once known for its free trades has rapidly grown over the last year. Now Zecco has added a huge service to their list, Zecco Forex.

For those that don’t know, Forex is the most traded market in the world and opened 24 hours, and now you can trade it using Zecco.

The Forex market consists of trading currencies. While it is very profitable, it is also very risky because of you ability to leverage:

You can get up to 200 to 1 leverage trading foreign currencies. That means $500 cash can purchase up to $100,000 in currencies. Now before you go investing your kid’s college funds in currencies, you should recognize that a high degree of leverage can lead to large losses as well as gains. As with any other investment, you should only risk what you can afford to lose.

Zecco has also launched a practice account, which allows you to test drive their Forex platform with no risk or hassles:

Check out Zecco Forex yourself without putting any money at risk with our fully-functional practice account. It has most of the same tools as the full platform plus $50,000 in virtual funds to test your trading strategies before you dive into the real deal.

Read our complete review of Zecco | Sign up for Zecco here
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