posted
Sharkone away from regular 'puter again....
I have been researching different brokers for penny trading. I've narrowed the search down to Lowtrades.com and Choicetrade.com Any suggestions on which is best and why....I don't think I will be transacting more than 10 trades a month or so.
posted
both $5 but lowtrade has misc.fees (1%) for quantities above 100000 so if you trade pennies it's killing you
Posts: 1442 | From: Lugano - Switzerland | Registered: Sep 2003
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posted
I trade more than 10 times a month, but less than 100......I've been paying $2.50 per trade. I think that deal goes through September. I have at times traded over 100,000 shares, but havent had to pay any additional fees. I do know that Lowtrades doesn't allow stops on stocks below $1 and I have been told choicetrades will allow stops to at least 60 cents. Whether or not they go lower, I have no idea.
Posts: 11304 | From: Fort Worth, Texas | Registered: Mar 2005
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