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Thread: Searching for Penney Stock Brokers

  1. #1
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    Question Searching for Penney Stock Brokers

    When trading with penny stocks it can be pricey for the amount you are trading depending on fees and such. E-trade doesn't look like it has any of these other fees besides teh 8-10 dollar fee per trade. I was also looking at Zecco because there is no minimum funding and there fee is very decent. Do these or any other brokers work well for doing penny stocks?

  2. #2
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    I can tell you one company for sure to stay away from if you are interested in penny stocks. That would be Share Builder. They literally only have a few penny stocks that you can trade. They also hit you pretty hard for doing so. I recently bought a little over a thousand shares in one stock and it cost me nearly $12. Steep if you ask me.

    I am personally going to give TD Ameritrade a try in a week or two. They have some great trading tools over there. I think E-trade is reasonable on price but I really don't know much about Zecco personally.

  3. #3
    MF Newbie Derrick's Avatar
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    I was also looking for the penny stock brokers and find my way to this forum while browsing the internet.After registration came to this post and there you are.I am quite new to penny stock trading.But i want to make more investment to get to the desired level as soon as possible.Is it possible to gain much in very little time here?
    Last edited by Derrick; 02-19-2011 at 02:23 AM.

  4. #4
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    Quote Originally Posted by Derrick View Post
    I was also looking for the penny stock brokers and find my way to this forum while browsing the internet.After registration came to this post and there you are.I am quite new to penny stock trading.But i want to make more investment to get to the desired level as soon as possible.Is it possible to gain much in very little time here?
    Yah I really like this forum myself and can't wait till it grows with lots of new members. As far as making quick gains, yes. It is very possible if you buy the right stock at the right time. However, you can loose your shirt just as quick.

    Good Luck

  5. #5
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    trading with penny stocks now so popular............. It will be true that Swing trade strategy, Moving average and other strategies to select the hot penny stocks that yields huge profits from penny stocks easily. Hot Penny Stocks
    Last edited by xtremepicks; 01-16-2012 at 11:13 PM.

  6. #6
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    I have seen that most of my coulis are investing on penny stock. The penny stock is in demand now.

  7. #7
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    One could hire full time broker or a discounted broker is also capable to provide expert advice about relevant stock.

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