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Author Topic: Best Stock Broker????
Nanny
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I mean if someone could tell me how I can buy and sell Penny Stock without a large amount of money to open an account. Just clicked on one and it said I need $2,500 to open account. Help Me!!!!
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glassman
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scottrade min $500(last time I looked.)


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SmokingUSA
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I was wondering if any one on the board uses
https://www.tradingdirect.com/
Are they any good?
DD

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m_h13021
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I use TradingDirect for OTCBB trading. No complaints. $9.95 a trade flat. I use them just to trade, they have no bells and whistles for research. No real-time anything, not even the portfolio. If you are going to use them make sure you get yourself a margin account. Not much information, all I can offer. - Marty
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SmokingUSA
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Sorry, I don't see Wisconsin on the list. Thanks for your help!
At this time, Choicetrade can accept retail brokerage accounts from CA,CO,FL,IL,MD,MO,NC,NJ,NY,TX,VA, Puerto Rico and most foreign countries. If, however, you would like to trade only futures, you may apply even if your state is not mentioned above.
Has any one used Choice trade?
I just used ctkh as an example.
They say I can buy 250000 shares for $5.oo
is it true?
Tx
DD
$5 per trade using our browser-based platform.
Sincerely,
Customer Service
----- Original Message -----
From: <RevDew1@hotmail.com>
To: "ChoiceTrade User" <service@choicetrade.com>
Sent: Monday, January 26, 2004 1:51 PM
Subject: Trade Questions/


>
> I\'m looking for another broker and was wondering If I was to buy 250000
shares of lets say ctkh, what would that cost in commissions?
> Tx
> Dew

[This message has been edited by SmokingUSA (edited January 26, 2004).]


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Dogleg
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I use ameritrade and they will not let me use stop and stop limit on OTCBB stocks.Will Trading Direct let me do this.
quote:
Originally posted by m_h13021:
I use TradingDirect for OTCBB trading. No complaints. $9.95 a trade flat. I use them just to trade, they have no bells and whistles for research. No real-time anything, not even the portfolio. If you are going to use them make sure you get yourself a margin account. Not much information, all I can offer. - Marty


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SmokingUSA
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I have to let you know!
Choice Trade is fast at answering questions!

Dear Sir, there is a small chance that your state would allow you to trade
with us. You may wish to call them at 608-266-1064 and ask if they have a
deminimus exemption for broker-dealers where they allow a firm that is not
registered with the state to have a small number of accounts. If the answer
is 'yes' you may apply.
Sincerely,
Customer Service
----- Original Message -----
From: "The Rev" <revdew1@hotmail.com>
To: <customerservice@choicetrade.com>
Sent: Monday, January 26, 2004 5:16 PM
Subject: Re: Trade Questions/


> Dear Choice Trade:
> Am I out of luck, since I live in Wisconsin though?
> Thanks for your time!
> Dew
> At this time, Choicetrade can accept retail brokerage accounts from
> CA,CO,FL,IL,MD,MO,NC,NJ,NY,TX,VA, Puerto Rico and most foreign countries.
> If, however, you would like to trade only futures, you may apply even if
> your state is not mentioned above.


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U4TSAF2
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DO NOT USE SCOTTRADE FOR PINKS/PENNY STOCKS.

DO NOT USE SCOTTRADE FOR PINKS/PENNY STOCKS.

DO NOT USE SCOTTRADE FOR PINKS/PENNY STOCKS.

YOU WILL GET HAMMERED WITH ADDITIONAL FEES AND SCOTTRADE IS ONE OF THE WORST.
HTTP://WWW.AMERITRADE.COM
HTTP://WWW.FREETRADES.COM
HTTP://WWW.ETRADE.COM

DO NOT USE HTTP://WWW.LOWTRADES.COM EITHER BECAUSE THEY HAVE HIDDEN ADDITIONAL FEE'S.

quote:
Originally posted by glassman:
scottrade min $500(last time I looked.)



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Marcidius
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quote:
Originally posted by U4TSAF2:
DO NOT USE SCOTTRADE FOR PINKS/PENNY STOCKS.

DO NOT USE SCOTTRADE FOR PINKS/PENNY STOCKS.

DO NOT USE SCOTTRADE FOR PINKS/PENNY STOCKS.

YOU WILL GET HAMMERED WITH ADDITIONAL FEES AND SCOTTRADE IS ONE OF THE WORST.
HTTP://WWW.AMERITRADE.COM
HTTP://WWW.FREETRADES.COM
HTTP://WWW.ETRADE.COM

DO NOT USE HTTP://WWW.LOWTRADES.COM EITHER BECAUSE THEY HAVE HIDDEN ADDITIONAL FEE'S.



Lowtrades has additional fees VERY VERY rarely, and even then they are very cheap. They aren't hidden either if you make sure to look at the commissions stated before you execute a trade. They are good for beginner traders.. just my .02 anyways


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EverGreen
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Be careful with Lowtrades - they just added a 1% misc.fees for big quantities (very easy to reach in penny or sub-penny)!!!!!

It seems that Choicetrade has still $5 up to 1m and no hidden fees;
or Mytrack has $12,95 (max. quantity depends on the price range)


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