chaitsb

@timothysykes I'm a new student on this profit.ly and listened to one of your videos regarding brokers & y not to Robinhood happened. yesterday $HMNY public offering screwed my positions and I could sell off AH to cut my losses early. eventually ended with $263 loss. paying commission on Schwab is much better than this nightmare. Thanks for the chat room tips. I

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FJohnson
FJohnson Feb 16, 1:53 AM

what is the bestthe best penny stock broker I can use if you are in Australia please.

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bahamastrader123

@dux ... I want to pre-order your DVD but I need your quick advise. I am Bahamian live in the Bahamas, I couldn't sign up for interactive brokers or etrade because of this and they have high minimums. However I found Schwab .. min trade is $1000, they accept bahamians, and they do pennystocks. So the info in your DVD will I be able to use it on Schwab??Or is there any problems you see??

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dux
2
dux Dec 23, 17 3:43 PM

try sign up with trade zero

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EvanCallert

@MichaelGoode Do I need a street-smart account in Charles Schwabb to short sell? Or can I just use my traditional Scottrade and td ameritrade accounts?

EvanCallert
EvanCallert Nov 09, 17 4:09 PM

I am going to join the challenge very soon but just want to make sure myt money is right before i do, as welkl as have all my accounts and everything situated. That being said, I already have an Etrade account, however, not pro yet because of the cost i want to make sure im 100% ready before i dive in. Furthermore, i want to open one more account, do you think i should go with Charles Schwabb Streetsmart, Cobra Trading, or TD ameritrade thinkorswim; or if you have a better suggestion it would re

EvanCallert
EvanCallert Nov 09, 17 7:50 PM

When you say Etrade, Do you mean Etrade PRO?

MichaelGoode
MichaelGoode Nov 10, 17 2:40 PM

Cobra is good. Interactive Brokers if you have $10k is good. Venom Trading (which is through Cobra / IB) is good if you don't have $10k. With Etrade obviously their pro platform is good but pricey and their normal trading interface is horrible. Actually Cobra/Venom is probably better.

EvanCallert
EvanCallert Nov 10, 17 6:28 PM

I went with streetsmart edge and will open an ETrade Pro account later

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Noble1222

is anyone considering shorting CVNA? I'm trying but Schwab is punishing me in fees and asking me to call in to set it up. Might be closing my acct with them soon.

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JessicaKelly

My opinion on the best penny stock brokers - Etrade and Interactive Brokers have high account minimums and don’t accept people from certain countries so it's best to for people with smaller accounts to use Questrade, Schwab, SpeedTrader, Scottrade and Fidelity. I would highly recommend avoiding brokerages like Robinhood and Suretrader. Suretrader are based off-shore, allowing you to bypass the Pattern Day Trader rule but have recieved a lot of negative reviews from previous customers. Robinhood are free but you're at a serious disadvantage to your competition, it's like showing up to a gun fight with a knife. https://www.youtube.com/watch?v=tnqadcBE57I

sergusia
sergusia Sep 15, 17 12:00 PM

which broker do you recommend in UK ?

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Blwinsit

@Tunde1306 Hey pal how do you like options house? Do you feel like you get good executions on your trades? I've been with Schwab forever but it seems their commission rates are double options house..

Tunde1306
Tunde1306 Jul 12, 16 10:12 AM

Um I mean I started with these guys and I don't have too many complaints yet. I will say that executions seem alright for me and the low commissions $10 round trip certainly drew me in to begin with.

Tunde1306
Tunde1306 Jul 12, 16 10:14 AM

Love the innovative web platform too. So easy to use and feels cozy and newbie like.

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