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no such thing as a free lunch.
good luck with that. penny stocks have low values for a reason.
Scottrade will open an account with as little as $500.00. I would not begin investing in penny stocks until I had more mainstream investments first. Obviously penny stocks are not as regulated and they are not very liquid – plus most of the “pump and dump” scams happen with these stocks. It may appear cool to own 100,000 share of a stock trading at $0.05 but it could be better to own 100 shares at $50.00. Just my opinion.
If you can afford the complete loss of your initial investment..good luck.
Zecco.
For a smaller investor probably a discount brokerage account. Google discount brokerage – there are several.
( I know you didn’t ask this part – but I can also tell you how most people end trading penny stocks – they lose all of their pennies) It is high risk but can be fun. Just make sure you are “investing” money you can afford to lose.
Some of the best traders at http://www.top10traders.com have some great ideas on penny stock investments. You can see who the best traders are here:
http://top10traders.com/Top10Standings.aspx
You can see the latest trades here:
http://top10traders.com/StockInfo.aspx
This site is totally free. Hope this helps.