2. Speedtrader
• Don’t charge hidden fee’s on penny stocks.
• $7.95 commission rate.
• Excellent customer service. Their staff sounded
very enthusiastic + helpful on the phone.
• Allow clients from around the world.
3. Etrade
• Penny Stock friendly - Standard commission rates
are $9.99
• Decent customer service.
• Don’t allow people from Ireland + other
countries.
• Account minimum - $0
4. Thinkorswim (Now Td Ameritrade)
• Took over by Td Ameritrade.
• Great customer service
• Excellent charting tools + trading platform.
• Low commission fee’s, penny stock friendly -
don’t charge any surcharges fro buying penny
stocks.
5. SCOTTRADE
• Customer service could be better - They hung
up on me when I tried to call them.
• Respond within 24 hours to emails which is
good.
• $500 account minimum.
• Charge higher commissions for penny stocks -
1/2% of trade value plus commission ($7)
6. Interactive Brokers
• Have the worst customer service of any
brokerage company.
• They only care about their clients with big money
like hedge funds. They don’t really care about
clients who have less than $100,000.
• $10,000 is the account minimum.
• Have great borrows for penny stocks