RSSWho’s the cheapest stock broker?
Thursday, July 29th, 2010
I want to know who’s the cheapest and most reliable stock broker online to do trades with. They have so many hidden fees it’s makes me wonder if im missing something. All i want to do is buy and sell some penny stocks.
Thanks
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checkout interactive brokers they do 1 dollar trades, they are good if you know what your doing,
However if you want the best platform around take a look at thinkorswim they do 10 dollar trades, but have a very nice layout
Most registered broker/dealers are reliable and all provide the capabilities for trading on-line.
However, pennystock trading is not held in favor with many reputable B/Ds and most do everything they can to discourage their customers from such activities by charging higher commissions and other fees. Such higher commissions and fees are justifiable since executing, clearing and storing penny stocks is more costly for brokers.
Here’s some websites that you might find helpful and could better direct you in the world of penny, and sub-penny, stocks
http://www.smallcapinvestor.com/
http://www.stockwire.com/
http://alphaking.com/
http://www.otcstockexchange.com/
http://www.mcapstocks.com/Default.asp
http://www.pinksheets.com/pink/quote/index.jsp
http://ragingbull.quote.com/cgi-bin/static.cgi/a=index.txt&d=mainpages
http://www.swingtrades.com/
http://www.thehotpennystocks.com/stock-picks/
Just2trade and Zecco.
This broker has the fastest execution, has no account fees, and only costs $2.95 per trade.
They also have a 100 free trades for new accounts.
http://bit.ly/100FreeTrades