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Author Topic: Penny Stock Brokerage House
kod
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Howdy All,

Its been close to 10 years since I trade penny stocks and would like get back in the game. Can you gents/gals advice on a good brokerage house? If the topic was covered, please accept my apologies as this site is fairly new to me.

I'm looking for:
- Unlimited shares at a fixed rate
- Quick order execution
- Decent customer service (not a must)
- Phone/Net orders
- Level II quotes

I found izone to be affiliated with TD Ameritrade and they are fairly inexpensive $5 per trade and meet most of my requirements. However; I would like your opinion as in the past I used Etrade, Fidelity and FreedomInvestments, but most of which are asking way too much for penny orders.

I thank you for your time and suggestion(s).

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PCola77
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ChoiceTrade. $5 per trade, usually very good customer service. Very VERY rare website downtime, and don't often (if ever) restrict a stock (many other brokerages won't et you buy a stock online that has "irregular activity", so you have to call it in, which most people don't botehr with.

I don't use their level 2s, so someone else will have to add a comment on that part.

For the record, I recommend strongly that you paper trade for a bit to get back in the swing of things, or you'll most likely lose a significant portion of your money in the beginning.

take care and good luck.

Posts: 5508 | From: Southeastern PA | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
T e x
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ya, Choicetrade + Lowtrades a good combo. Am not fond of Choicetrade's streamer package, although it is serviceable.

Might check into Quotetracker, that is now bundled with Ameritrade, for free L2s...

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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Machiavelli
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For the love of God (though im agnostic and/ or atheist) read books!! books!! books!!! before jumping into this game.... :: tears ::

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Let the world change you... And you can change the world.

Ernesto "Che" Guevara de la Serna

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T e x
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***arena buzzer***

WHANK!

too many messages...

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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T e x
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[Big Grin]

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

Posts: 21062 | From: Fort Worth | Registered: Apr 2005  |  IP: Logged | Report this post to a Moderator
kod
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thanks everyone!
Posts: 3 | From: US | Registered: Apr 2008  |  IP: Logged | Report this post to a Moderator
   

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