Penny Stocks On Sharebuilder
Penny stocks are seen by many investors as a great way to increase your stock portfolio. However it is hard to find places that allow you to actually trade these small stocks. So the question is asked, where to buy penny stocks? The answer is actually quite simple. If you are reading this then you have a computer with internet access. The best place is online.
Penny stocks take a lot of research. A lot of online investment companies have the resources to help you with doing the hardest , the research. However online is not the only place to buy penny stocks. You could work one on one with a real life broker. This can work well but sometimes like everyone else your broker is just in it for the money, when they see you all they see are dollar signs. The best part about investing in penny stocks online is that you get to call all the shots.
When looking for where to buy penny stocks it is important to do research on different stock brokers. There are a few choices and they all have their pros and cons. Before picking an online stock broker it is important to understand all of their fees. Some online stock brokers will charge you a fee for trading stocks that cost under $1. This is something to be aware of and something you should not overlook. These fees can add up quickly and a profit can quickly turn into a loss.
Here is a list of some of the online brokers available.
1. Trading direct. Charges $9.95 per trade
2. ETrade. Charges $12.99 per trade however has the best customer service.
3. Scottrade. Charge $7 per trade.
4. Low Trades. Charges $4.95. Very low for an online trade
5. Zecco. Charges FREE with a minimum balance of $2,500. otherwise $4.95
6. Sharebuilder. Charges $9.95 per trade.
These are just a handful of the sites that you can use to trade stocks online. I highly suggest doing your own research and finding a stock brokerage that is appropriate for you and your needs.
Penny Stocks are a great way to get involved in investing. For more advice and hot picks make sure to check out my Penny Stock Blog [http://thegeekygecko.com/category/business/stocks].
Don’t ever chose sharebuilder. They charge 7 cent per stock bellow $ 1. I am very ordinary, just click here and there without reading the detail. I tough they only charge $9.50 per transaction. It’s kind of stealing!