Top Brokers for Penny Stock Trading
Looking for a affordable broker to trade penny stocks with that won’t nickel and dime you to death? Its a question I get asked often and since my SuperNova Elite premium newsletter focuses on stocks ranging from $.001 to $5.00, a top penny stock broker is a must!
If I had to recommend one, I would start with Etrade and the reason why is simple. They have a very good “flat fee” commission which is only $9.99 OR $7.99 if you are a active trader; per trade. They don’t add on extra fees for every 1,000 shares over 10,000 for example like some brokers do.
Etrade also has whats called “Etrade Pro” and this is a software program that has a level 2 (Market Depth) a charting program, a live streaming scanner with custom features, live TV, streaming news, quotes and a whole lot more. Assuming you are somewhat active, they will give this to you for free!
Charles Schwab is another broker I would recommend taking a look at. Now I have not been with Schwab in many years but I hear they are very good now for penny stocks. They don’t “restrict” penny stocks like Ameritrade does for example, they let you trade the stock you want just like Etrade does. Their commission is also a “flat fee” and I believe it is similar to Etrade at $9.99 or $7.99
Those are my top 2 penny stock brokers and I would look strongly in to them if you are serious about making big money in the penny stock markets.
Remember, my SuperNova Elite service has been built around 16 years of trading experience for stocks under $5.00 per share and above $.001 or what most would call “small cap stocks.” We have thousands of satisfied subscribers that continue to resubscribe day after day; not to mention refer their friends and family to our service as well.
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