What online stock trading sites allow you to purchase penny stocks?

by David Jenyns on June 26, 2011

Question by LilPonderMonster: What online stock trading sites allow you to purchase penny stocks?
I am starting to think about playing around with penny stock but want to do it online without major trading fees. Any suggestions?
And any major sites like TD-Ameritrade, ScottTrade, etc. allow you to do it too?

Best answer:

Answer by Yoda from Minnesota
I have bought them on Scottrade.

What do you think? Answer below!

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Jason Tye June 26, 2011 at 11:55 am

Optionstrade.com. They only charge $ 3.95 per trade and first 100 shares are free. Please check it out.

Jim Z June 26, 2011 at 12:18 pm

Both TD ameritrade and Scottrade do pennies. Suggestion. Forget any penny stock trades under $ .50. especially in the mini pennies. They are manipulated. You will have no trouble buying them , but you won’t find a buyer. Low cost pennies will only discourage you.

gra644 June 26, 2011 at 12:28 pm

Try Zecco trading.com. I did a search, cant remember wich site had a list. This one appeared to be the cheapest. No charge per trade. I have 4 open trades and have only paid $ 4;50. so far. Maybe some to pay if I sell at a profit, but there is only one succesful so far.

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