Could anyone please suggest best Online broker to trade PK and BB stocks. Recently started trading OTC stocks. I am with Ameritrade and It sucks with BB and PK stocks.
Another question is, Does any broker allow to place a bid upto 5 decimals? Ameritrade says OTC stocks must be in the increments of 0.0001?? Does any broker allow to place 0.000989 ... As i see some bids and asking prices to this range but I could never place such an order.
Please help gurus.
------------------ trader2004
bill1352
posted
sorry trader only to .0001 anywhere. by the way ameritrade is the only one i've seen that allows you to trade any number on 1 trade. most have a limit of 1 million shares per order.
JoeMillion
posted
Try etrade.com
good for penny stocks.
Joe
gosia
posted
Try Choicetrade. 9,999,999 max shares you can buy. Great for pinks.
Machiavelli
posted
Choicetrade but not sure if they are licensed to do business in your state as a couple of board members have already been disappointed their applications werent accepted due to Choicetrade not being able to do business in their homestates.. but check them out.. you might luck out.. www.choicetrade.com
trader2004
posted
Thanks for all of your responses. ChoiceTrade looks good but does not talk about OTC stocks.. With your experience, Do you think it is better than leading brokers like ameritrade in terms of execution? I also tried with Lowtrades.com which is not that great.
Thanks again.
quote:Originally posted by Machiavelli: Choicetrade but not sure if they are licensed to do business in your state as a couple of board members have already been disappointed their applications werent accepted due to Choicetrade not being able to do business in their homestates.. but check them out.. you might luck out.. www.choicetrade.com
Machiavelli
posted
I would say they are about equal to ameritrade in terms of execution in OTC stocks... but you save more in terms of fee's and commissions... If i were you before you make any decision perhaps call their customer service with some questions or email your questions to them and see if they respond to your satisfaction..
posted