Hard or soft pull??

azygous said:Hard or soft pull??
See Here

read both threads and you'll get answers to all your questions. Don't know why this is a GREEN post. Red.

DiscountSAE said:I just opened my Zecco Forex account.

Looking for the answer to the following answers / confirmations.

It has been stated that you can only fund $5000 on a credit card, but I didn't see that anywhere on the funding instructions page. I would like to fund all $10,001 to a credit card, or even more if possible. Please let me know your experiences on credit card funding.

1. Credit card funding limit that Zecco imposed
2. How you funded your remaining initial deposit if there was a credit card limit.
3. Was your credit card funding counted as a purchase or a cash advance?
4. Do you know whether a credit card funded deposit has to be withdrawn to the originating credit card (this is common with FOREX brokers), or can you withdrawal the money with a ACH or check?
5. Any other hidden charges/fees from ZECCO / Gain Financial for using a credit card to fund your account?

P.S. I am bummed that I missed out on the optionsxpress easy $500 (never heard of the offer until today).

walletfart said:JTFH said:Dang it... Couldn't the threads have been consolidated rather than locking the one with all the relevant questions/discussion?

Anyway:
To qualify for cash bonus, you must open and fund a new Zecco Forex trading account by July 31, 2009. After first trade is initiated, cash bonus will be deposited to your account within 3-5 business days (1). Existing Zecco Forex customers who have funded and traded are not eligible to receive this promotion (2).

(1) Doesn't sound like you need to keep your 10k in after you receive your bonus.
(2) Damn-it to hell, looks like existing (or previous) Succo customers are out.

Warning to anyone who actually trades with Zecco, especially day trades with larger positions, I had their entire system go down on me about 3 times in a few months last year. The first time, I watched in disgust as a $800 winner turn into a $500 loser as it plummeted through all my stops which never activated... Infuriated I waited on hold for almost an hour as not even the website was available.

The good news is that by the time I actually got through to someone the position was only down $500, whereas a half hour ago it was down over $1.2k... Zecco's response? "Sorry." Then they actually had the nerve to try and charge me for a broker assisted trade. Never day traded with Zecco again, but tried multi-day position trading only to see more of the same garbage for a few months. Left, never went back and am happy about it.

Get in, get your bonus, get out.

It says previous Zecco Forex customers. If you are just a normal Zecco trading customer, then you should still qualify.

I got an email about it sent specifically to my Zecco Trading email, so I would certainly hope so.

DiscountSAE said:It may be a better deal for all of you if you have another forex trading account to go directly to www.forex.com to open an account rather than going through Zecco they will offer you up to $250.00

Link? I don't see it on their home page.

walletfart said:JTFH said:Dang it... Couldn't the threads have been consolidated rather than locking the one with all the relevant questions/discussion?

Anyway:
To qualify for cash bonus, you must open and fund a new Zecco Forex trading account by July 31, 2009. After first trade is initiated, cash bonus will be deposited to your account within 3-5 business days (1). Existing Zecco Forex customers who have funded and traded are not eligible to receive this promotion (2).

(1) Doesn't sound like you need to keep your 10k in after you receive your bonus.
(2) Damn-it to hell, looks like existing (or previous) Succo customers are out.

Warning to anyone who actually trades with Zecco, especially day trades with larger positions, I had their entire system go down on me about 3 times in a few months last year. The first time, I watched in disgust as a $800 winner turn into a $500 loser as it plummeted through all my stops which never activated... Infuriated I waited on hold for almost an hour as not even the website was available.

The good news is that by the time I actually got through to someone the position was only down $500, whereas a half hour ago it was down over $1.2k... Zecco's response? "Sorry." Then they actually had the nerve to try and charge me for a broker assisted trade. Never day traded with Zecco again, but tried multi-day position trading only to see more of the same garbage for a few months. Left, never went back and am happy about it.

Get in, get your bonus, get out.

It says previous Zecco Forex customers. If you are just a normal Zecco trading customer, then you should still qualify.
I called and asked this, they said that Zecco stock trading customers would indeed still qualify for the Forex bonus.

VerbalK said:DiscountSAE said:It may be a better deal for all of you if you have another forex trading account to go directly to www.forex.com to open an account rather than going through Zecco they will offer you up to $250.00

I wonder if anyone would dare double dip by xfering from zeccoforex to forex.com for another 200 bonus plus a 50 dollar xfer bonus?

I know it's the same company, but the terms specficially state "zecco forex" and "forex.com".

Interesting, it's still $200 at FOREX, but the extra $50 is if you show proof that you withdrew money from another forex dealer (Zecco Forex?). I guess it would be worth a shot once we get the Zecco Forex bonus.

When people check their credit card funding, post if it's treated as a purchase or cash advance please!

Let me know if the credit card funding is treated as purchase or cash advance once we know FOR SURE. THANKS!

It seems that there is $250 minimum balance required for the mini account.
http://www.zecco.com/forex/support-account-funding.html

Is it just visa/mastercard or can us Amexites play? It's not super clear on the web page. Other than Mastercard.