Stock Markets Exposed
Can someone recommend an online stock trading service?
that allow trading of penny stocks? I have a number of accounts already, but I cannot buy penny stocks. This is just something I want to good around with for kicks. goof around.. not good around.
Public Comments
- you might have to signup with direct access brokers such as lightspeed.com interactivebrokers.com mastertrader.com tradestation.com hope that helps Thanks http://khanaleem.com
- You can trade these through Ameritrade as well. If you are a more typical retail trader, this would probably be a better choice than Interactive Brokers, Lightspeed, and similar firms whose pricing and platforms tend to favor high-volume traders and usually charge on a PER SHARE basis, giving you quite a whopping bill if you trade 1,000,000 shares of a $.0001 penny stock. Ameritrade, on the other hand, has flat fees per order regardless of the number of shares traded. Also, my suggestion assumes that you're not trading these in response to email spam, or else you'll be doing little more than supporting the lavish lifestyles of the Pink Sheets fraudsters. In fact, all Pink Sheets stocks are quite risky, so you may want to "paper trade" (or trade without real money) your strategies first; many brokerages have features that allow you to test your strategies through their platforms.
- any brokerage company will let you trade penny stocks.
