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February 11, 2010

What Is The Best Online Trading Stock Site To Buy Penny Stocks?

I want to invest in penny stocks and mainstream stocks but some major online brokers dont offer penny stock trading. What do you use / think is the best?

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  • Max M ₪ 06:45 Feb 11, 2010 ✉

    scottrade.com is best for both beginners and professionals.

  • Common Sense ₪ 11:27 Feb 11, 2010 ✉

    My favorite brokers are;
    ThinkOrSwim
    Interactive Brokers
    Tradestation
    TradeKing
    I use ThinkOrSwim mostly. Great platform with exceptional charting. Interactive Brokers is cheaper, platform is very hard to learn. Tradestation has a good reputation (not as god as TOS).
    You can trade penny stocks on any of them. They won’t even ask you the most important questions….. like;
    Do you have at least 5 years successful trading experience in larger cap stocks?
    Do you have exceptional trading money management skills?
    Are you exceptionally good with technical analysis?
    If you haven’t heard of these brokers;
    They are cositantly rated in the top 5 best on-line brokers.. year after year by Barron’s Magazine.
    Never place a trade unless you’re using a limit order (with any stocks below $10).
    If you don’t know what a limit order is…. you’re years away from being ready to trade penny stocks.

  • nathan24 ₪ 11:44 Feb 11, 2010 ✉

    the best site i personalty use is Sharebuilder.com all thought they don’t have a wide selection of penny stocks but they do have one of the lowest comition rates so that why i use them so i can maximize the tottal profit i make of my penny share investments

  • Anonymous ₪ 16:34 Feb 11, 2010 ✉

    I use ameritrade has some bells and whistles. Before you start trading penny stocks you may want to read this article I found called should you buy penny stocks http://ezinearticles.com/?Should-You-Buy…
    Good luck its a tough market

  • elke ₪ 16:51 Feb 11, 2010 ✉

    RHB Investment Bank’s http://www.rhbinvest.com would be the best site to trade Malaysian stocks. Only site with stock screener for Bursa Malaysia to screen for Penny stocks.

  • Edward N. ₪ 22:35 Feb 11, 2010 ✉

    ZVTK & MCLN look very promising.
    I used Scottrade to buy these, but in order to buy penny stocks you have to fund your account through a bank transfer or send them a check.

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