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Best way to Buy stocks – “Zap Trade”
Many non-professional stock traders just like you and me, we are not logged in or enable access to the stock brokerage web site all the time. But when you read a good or bad news on a particular stocks while you are web surfing and when you try to perform trading, most of the time we are bit sluggish and loose the critical chance to catch the better prices.
Most of the time, when you need to buy or sell stocks, you will need to visit your stock brokerage website and go through all their login process and several clicks to go through pages to reach the final trading page. The whole process requires certain process and dedicated amount of time that it prevents you from acting quickly.
Few days ago, I got an email from Zecco.com from few days ago about their new tool “Zap Trade”.
Zap Trade is a free Firefox plug-in that lets investors place stock trades and get real-time quotes while visiting popular investment and research websites. Here’s how it works:
* Click the [Z] on select sites
* Get a real-time stock quote
* Complete the trade ticket
* Place a trade with Zecco Trading without leaving the site you’re on
Okay, according to the description, I can execute the trading right from the other investment website, such as Google Finance! This was very interesting so I had to try right away since I have been hoping for similar solution for awhile! Basically this solution is Firefox plug-in and requires version 3+.
Now I visited their downloading Zap Trade site, and installed the plugin (Or you can access this menu from the Tools menu from Zecco.com)
Click on the “Agreement” checkbox and then Download button and it will show the above Plugin installation popup window. Once installed, you will need to restart the Firefox to activate the plugin. You can access the Zap Trade popup screen using the pink “Z” icon on the right side of the Firefox status bar. Or you can access the screen from your popular investment website.
Below image is the screen shot of Google Finance. As you can see, when you move your mouse over the stock symbol and if you see the popup icon “Z” showing right besides of the symbol, you can open Zap Trade and perform trading right away. Note that the background color of the stock symbols recognized by Zap Trade is showing as pink. So you can easily notice that you can trade the stock symbol using Zap Trade.
Zap Trade screen shows real time stock trading status including real time bid and ask prices. This would be the perfect stock trading tool you will definitely need.
Here is a Youtube video about Zap Trade that I found.
You can Download Zap Trade Now.
Below is the FAQ from the Zecco.com in case if you have more questions about its capabilities.
FAQs – Zap Trade
What is Zap Trade?
Zap Trade is a browser plug-in that enables you to get real-time quotes and submit stock trades from your Zecco Trading account while you are visiting popular investing research sites.
What are the system requirements for Zap Trade?
Zap Trade currently works with Firefox 3+. We plan to roll out Zap Trade to other browsers in the future.
Which websites does Zap Trade work on?
The Zap Trade plug-in scans and pre-fills your ticket on leading financial/investing websites. Like these portals, news and research sites:
- Bloomberg
- CNN Money
- Google Finance
- MarketWatch
- The Motley Fool
- MSN Money
- Reuters
- TheStreet
- Yahoo! Finance
Zap Trade also works on the public research sections of these brokerage sites:
Zap Trade is also available as custom website implementation. When a website is Zap Trade Enabled, access to the Zap Trade ticket is available to all visitors (no need to download a browser plug-in). The following sites are Zap Trade Enabled:
- StockTwits
If you would like Zap Trade to work on additional investing websites, please let us know by leaving a comment in the Feedback Group.
What types of securities can I trade with Zap Trade?
Zap Trade supports stock and ETF trading at this time. You can select all transaction types available to you in the full Zecco Trading platform, including buy, sell, short, and cover (according to the permissions on your account). Zap Trade does not currently support trading of options, mutual funds, bonds or foreign exchange.
Does it cost extra to use Zap Trade?
No. Use of Zap Trade is free, as is access to real-time quotes. Of course, trades submitted through Zap Trade are subject to the same commissions that you currently enjoy at Zecco Trading.
How does Zap Trade work?
As a web browser plug-in, Zap Trade works by adding special functionality to your Firefox browser. This patent-pending technology detects stock symbols and links on popular investing websites and overlays instant quote and trade ticket controls on top of your view of these sites.
How do I sign in to Zap Trade?
When you open Zap Trade, you may be prompted for your username and password. Just sign in using the same username and password you use on the Zecco site. Note that if you are signed in to Zap Trade, you will also be signed in to the Zecco website. Likewise, if you sign out of Zap Trade, you will also be signed out of the Zecco website.
Are stock trades submitted through Zap Trade handled like my other trades?
Yes. Stock trades submitted using Zap Trade are handled identically to those submitted using the Zecco Trading site.
Is Zap Trade secure?
Yes. Information you enter or access using Zap Trade is protected by the same Verisign SSL encryption protocols used by the Zecco website and Zecco Trading platform.
Is Zap Trade monitoring me?
No. Zap Trade does not track, record or store the sites you visit or any other web browsing activity. Zap Trade simply scans pages of relevant research websites that you are browsing in order to detect stocks you can trade at Zecco Trading. When you launch the Zap Trade ticket, the only data obtained from the web page is the stock symbol, so as to pre-fill the trade ticket.
How do I make sure that I have the latest Zap Trade version?
To ensure the best user experience, we recommend that you keep Zap Trade updated automatically in your Firefox browser.
- In Firefox for Windows: Tools > Options > Advanced > Update and select “Automatically check for updates to: Installed Add-ons”
- In Firefox for Mac: Firefox > Preferences > Advanced > Update and select “Automatically check for updates to: Add-ons”
You can also update Zap Trade manually by going to Tools > Add-ons and click “Find updates in the Firefox browser” (both Windows and Mac).
How do I disable or uninstall Zap Trade?
To disable or uninstall Zap Trade, go to the Firefox browser and select Tools > Add-ons > Extensions. Now select Zap Trade and click Disable or Uninstall.
Download Zap Trade and Enjoy fast and easy stock trading !
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| Print article | This entry was posted by Chris on June 20, 2010 at 3:10 am, and is filed under How to buy Stocks. Follow any responses to this post through RSS 2.0. You can leave a response or trackback from your own site. |
Hello, my name is Chris. I have started stock trading about 3 years ago. I am not an active or day trader but I learned many valuable lessons. I will try to explain what I learned during the times. So please visit again and leave comments! Thank you.
