What is the best place (broker) to trade small cap stocks with?
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I like to trade penny stocks and always get information on stocks that the price of buying and selling (as all the brokers I know buy/sell in 5000 shares blocks max before again adding another brokerage fee. Doesn't his limit most stocks under 50 cents (due to the brokeage fees) that could be day traded.
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Answer:
You might want to check-out the on-line discount brokerages. Scottrade has quite a record. I'm not sure what they charge for penny stocks, but my trades on major exchanges are just $7.
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