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Penny Stock Brokers

Jan. 09, 2011 11:38 AM ET
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philtronics's Blog
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The other day I wrote up an article on my stock market blog comparing several different penny stock brokers.

The main thing I'm interested in is a rock-bottom commission structure, especially when it comes to penny stocks. Otherwise, the transaction costs can eat you alive.

A few years ago the trading platform was also a concern. Some of the web sites were very poorly done, making it difficult to navigate, and timing out just when you get ready to click in the order. This aspect is particularly frustrating. But, by now most of them have it dialed in - except for Etrade - which in my opinion still has a ways to go.

Check out my site, there's also a free intraday chart-based stock screener you might like. I personally can't get by without it.

Happy trading everybody!

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