posted
just found out my broker charges 1/2 cent per share on all penny stocks over 5ooo shares is this normal and is there a way to beat this?
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posted
I like Ameritrade. or ameritrade plus. They have great cust. service... can't be beat in my opinion. but if you re paying 25 bucks for a trade ... its not all that bad... but it can add up I am sure...
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posted
If you have over $5k to open an account I would go with Free Trade. http://www.freetrade.com/
Other wise I’d go with Trading Direct NO HIDDEN FEES_VERY IMPORTANT
ANY STOCK TRADE $9.95 * http://www.tradingdirect.com/ THE DIFFERENCE No minimum to open account - start now Margin rates up to 1/2% below broker call Low option commissions - see now No hidden fees - see now No fee IRA's - Open your IRA online Foreign accounts welcome - start now Free ACH transfers - ACH transfers FAQ Place multiple orders from one screen
posted
well I went with firstrade becaue they had no account min- they didn't say a thing about hidden cost and finding someone license in Arkansas is another thing. I'm very new at this only thing I have ever done is put money into a retirement account.
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posted
I suggest Ameritrade, $10.99 per trade (regardless of volume). That's if you can do it online. Pinksheet stocks were running $29.95 b/c you had to place it with one of their brokers and they only take limit orders on pinksheet stocks. They have a new automated system in place now where everything is voice prompt. Believe it's on $10.99 per trade regardless of shares.
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well I just opened ameritrade account. I tried to go about things the cheap way and found out once again that cheap is not alway best as I should have known from past experiences. Thanks for all your advise. I should have ask before starting this new experiment.
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quote:Originally posted by slev365663: I suggest Ameritrade, $10.99 per trade (regardless of volume). That's if you can do it online. Pinksheet stocks were running $29.95 b/c you had to place it with one of their brokers and they only take limit orders on pinksheet stocks. They have a new automated system in place now where everything is voice prompt. Believe it's on $10.99 per trade regardless of shares.
I don't know what your going through but I have Ameritrade and I have no problem trading pinks online and only 10.99 per trade with no extra for large orders. Order millions of share at a time in pinks with no problems on a online trade. You do need to apply for margin account so you don't have a 3 day wait after a pink trade but as long as you have a margin your money is available immediately.
posted
Ameritrade or Trading Direct are the brokerages I use and, overall, I'm happy with them. Like Rics1997 said, open a margin account....this gives you greater flexibility with getting in and out of the stocks you trade.
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