[mage lang="" source="flickr"]best online broker for penny stocks[/mage]
BEST ONLINE STOCKBROKER FOR PENNY STOCKS?
I am looking for an online stock broker to trade penny stocks. Can someone please recommend a few that have reasonable commission fees? All input is greatly appreciated!
Ok. There seems to be some confusion. I am not asking for sarcastic financial opinions. Please read the question and answer the question only. This is supposed to be a helpful forum. This is not a place to be rude or disrespectful. If you do not like the nature of the question, please feel free to not reply. For those of you who give informative answers, thank you so much for your time and efforts.
There is no “best” brokerage firm that specializes in penny stocks. Most reputable brokers do everything they can to discourage their clients from dealing in penny stocks.
Firms that tolerate penny stock transactions, do not “discount” such transactions since it is expensive to trade, clear, and hold penny stocks. Since permitting clients to trade penny stock is expensive for broker/dealers, firms charge more for pennies than they would for stock selling above $5 a share.
Here are some web sites that tout penny stocks, you can check them out and see if any brokerage firms advertise on the site.
Zecco: Review Of The Best Stock Trader Broker Account Online Guide Of Zecco.com