Penny Stock Brokers – Who Is The Best?
Before you get into penny stock trading you need to select a broker to place and route your orders. The biggest difference between penny stock brokers is their commissions, service and tools. Some of the most popular brokers are Ameritrade, Zecco, Scottrade and Etrade. You will find that many professional penny stock traders have accounts at more than one broker. This is because you need a backup in case of an emergency. For example, if a stock is running you want to be able to get in on the opportunity. But what if your other account was having server or login issues? Trust me; you would be pulling out your hair. One thing I like about Ameritrade is that it can be integrated with the trading software Equityfeed. This allows you to place orders most quickly and use a better tool than what most brokers offer. Etrade is known for having better tools than the other three brokers, like charting and level two services, but it is not better than Equityfeed. Many traders just starting out oft
