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marcsantoli 07-13-2004 10:39 AM

online broker with no minimums
 
anyone know of a good online brokerage firm with no minimum balance investment accounts and the ability to trade OTCBB stocks?

i tried sharebuilder but they wouldn't let me trade the penny stocks.

thanks
--marc

NoSoup 07-13-2004 11:51 AM

From my experience, it'll be tough to find an online broker that allows penny stocks. However, after reading more about them, I decided that penny stocks were not a wise investment anyway, so I no longer considered it when choosing a discount broker...

Wish I coulda been more helpful...

gar1976 07-14-2004 09:59 AM

Quote:

Originally posted by NoSoup
From my experience, it'll be tough to find an online broker that allows penny stocks. However, after reading more about them, I decided that penny stocks were not a wise investment anyway, so I no longer considered it when choosing a discount broker...

Wish I coulda been more helpful...

Well, shoot man, the stock goes up $0.04 and you've got a 400% return, what's the problem? :)

NoSoup 07-14-2004 11:04 AM

Quote:

Originally posted by gar1976
Well, shoot man, the stock goes up $0.04 and you've got a 400% return, what's the problem? :)
Lol, you're right. In fact, I think I am gonna drop 10 grand into a stock worth 1/10 of a cent right now... that way, if it goes up a penny I can buy a house :D

gar1976 07-15-2004 09:11 AM

Quote:

Originally posted by NoSoup
Lol, you're right. In fact, I think I am gonna drop 10 grand into a stock worth 1/10 of a cent right now... that way, if it goes up a penny I can buy a house :D
Reminds me of my bachelor party in vegas.....

We were all severly hung over, and hanging out in the sports book waiting for our flight time. So, my buddy, knowing I'm a lifelong Rams NFL fan, says "why don't you put $100 on your team to win it all, man?" Since I had lost wht meager funds I had started with, and being right out of college, said "nah, they'll never win it."

Odds - 300:1
Year - 1998.

Grrr........

NoSoup 07-15-2004 01:23 PM

Lol, man oh man...

Merlocke 08-06-2004 08:09 PM

ouch gar1976

Anyway - marcsantoli, there are other markets available out there which have trades without commissions. It's called foreign exchange. I just started trading a little while ago, and have had a pretty positive experience thus far.

If you want more info - let's take this offline and PM me.


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