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04-03-2006, 01:48 PM
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#1 |
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valued contributor
 
Join Date: Feb 2006
Posts: 247
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Penny traders- what U.S. broker do you prefer?
Thinking about sampling the action, i've always been interested but kept at bay by pump & dumps and stall out stocks .... lately though on this and other boards seen many recommendations for various brokers, but being a beginner concerned about high fee's, buy minimums & orders not filled quick enough (or at all) i'm looking for anything but Scottrade.
I'd appreciate your personal stories about getting started. I'm able to work with 2-5k. *Thanks in advance* |
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04-03-2006, 05:21 PM
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#2 |
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valued contributor
 Join Date: Feb 2006
Posts: 31
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I use Etrade and have very little issues with trading penny stocks.
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04-03-2006, 05:23 PM
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#3 |
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valued contributor
Join Date: Jan 2006
Location: Stamford, CT
Posts: 222
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Ameritrade. Flat fee $9.99.
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04-03-2006, 05:26 PM
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#4 |
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forum leader
weekly challenge winner 13x
mar/07 simulation winner feb/07 simulation winner jan/07 simulation winner nov/06 simulation winner june/06 challenge winner april/06 challenge winner  Join Date: Feb 2006
Posts: 5,328
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Ditto on E*trade, no hassles and the pro platform runs flawlessly on my MAC.
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04-04-2006, 04:12 AM
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#5 | |
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valued contributor
Join Date: Mar 2006
Location: Eagle River, Alaska
Posts: 214
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Quote:
Just watch about buying and selling penny stocks. Funds must settle before buying and selling stocks on a regular basis. Scottrade warns you of free riding if you buy and dump too often in one day. Read up on Fed T regulation. __________________ Golden Rule: Pay yourself first 
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05-24-2008, 11:03 PM
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#6 | |
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new member
Join Date: May 2008
Posts: 10
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Re: Penny traders- what U.S. broker do you prefer?
Quote:
I then switched to zecco, by chance really, and work with 10 free trades free, and 4.50 trades afterwards. You do need 2.5k invested to qualify for this, and patience to get through the signup. __________________ A friend is a gift I give myself. Zecco: 10 free stock trades a month with 2500 invested. my profile goldovt2005. ING 3%, no fees Savings account. $25 bonus with 250 investment Revolution Money Exchange (PayPal equivalent) $25 signup bonus. |
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