Which of the following is the best online company for trading stocks?
by Gary James on Wednesday, July 28th, 2010 | 3 Comments
Apparently…Edward Jones does not trade in penny stocks so I need to find a company that does online. Which of the following would you recommend:
Scottrade
E*Trade
Ameritrade
Fidelity
***Thanks!
Hey everyone, Gary here. Stock trading was never my forte'. I lost tens of thousands of dollars listening to stupid advice and letting other people trade for me.
I would use scottrade, you need to make sure of the parameters for trading penny stocks with each firm, many don’t want this business because of the high risks associated with trading penny stocks, in addition no margin is given so you need to have the cash in the account.
for me its E*Trade
I would suggest Scott Trade that’s what I use and so far have have been happy with them I have tried the others but this has worked the best for me. I do only penny stocks for my investments as well, hope this helps out, take care.