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Penny Stocks

Penny stocks are risky, but with high risk comes the potential for high reward, and penny stocks can be hard to resist because of the potential for the high reward. Get started with our handy comparison tool of penny stock brokers and read our reviews.


Compare Penny Stocks

    Ally Invest
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    Ally Invest

    • Penny Stocks: $0.01 per share on the entire order for stocks priced less than $2.00. Maximum commission per order not to exceed 5% of the trade value, with minimum commission of $4.95.
    Pros:
    • Low commission for stock trades
    • No account minimums
    • Ally LIVE platform
    Cons:
    • No physical locations

    Our Review: (4.4) Ally Invest (formerly TradeKing) offers one of the lowest trade fees, but is it good? Learn the pros and cons and see comparisons with other online brokers in this in-depth review... Read full review

    Get Up to $3,500 Cash Bonus and Commission Free Trades for 90 Days

    Scottrade
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    Scottrade

    • Penny Stocks: $6.95 per trade + 0.5% principal for any stock trading under $1
    Pros:
    • Low per trade fees
    • Physical locations
    • Easy-to-navigate website
    Cons:
    • No futures trading
    • High broker-assisted fee

    Our Review: (4.2) With low trade fees, excellent resources, and superior customer service, Scottrade is a highly trusted online broker. Read on for our in-depth review... Read full review

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    TD Ameritrade
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    TD Ameritrade

    Pros:
    • Easy to Use
    • Thinkorswim Platform
    • Customer Service
    Cons:
    • Trade Fees

    Our Review: (4.2) Ameritrade fees are higher than competitors, but is it worth it? We say yes and here's why. We analyze and compare it for you in our in-depth review... Read full review

    Get 60 Days of Commission-Free Trading

    E*TRADE
    Read Review

    E*TRADE

    Pros:
    • Expansive set of resources and tools
    • Easy to use website
    • Industry leader
    Cons:
    • Trade fees

    Our Review: (4.2) E*TRADE is a highly well-known name, but does that mean it's that much better than its competitors? Read our in-depth review and see how it compares... Read full review

    Get up to 500 Commission-Free Trades


Articles on Penny Stocks

    Interactive Brokers vs ETrade

    February 6, 2015 - By Cynthia Cohen - Reviews
    The name "penny stock" can be misleading. To the untrained investment ear, it sounds like an easy trading gig with little at stake. However, nothing can be further from the truth, as it's a very volatile market that should be researched ...

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