|Anonymous||# Posted on October 26, 2013 at 5:57 pm|
@yoinkie, Hi! Thanks for the offer of advice!
I have made it as far as this website(http://online-trading.kiplinger.com/) in trying to understand the process of trading penny stocks.
Prior to this page i have learnt:
Penny stocks are worth under $5 per stock, this is what defines them as a penny stock?
The results of brokers displayed on this page all seem to charge a per trade fee, which leads me to the conclusion these are not the kind of brokers/platforms designed for trading penny stocks.
Can you clarify what I believe to have understood up to this point?
Which brokers have you used in the past?
Can you name as many as you are aware of so that I can do a bit of research on them?!
Really appreciate any advice you can give.