Help! Best brokerage for day and penny trading?

Discussion in 'Retail Brokers' started by jellystone1, Oct 26, 2005.

  1. GTC


    jellystone1, Scottrade charges 1/2% of the principal value of the trade for stocks priced under $1 in addition to its $7 base commission. Scottrade does not offer any direct routing mechanisms, conditional/bracketed trade triggers, etc. If you have less than $25k in your account, then it will not even give you ScottradeElite platform.
    #21     Oct 31, 2005
  2. Thanks! I have narrowed it down to IB or ToS I think looking at the reviews on this site. Appreciate the input! Any negs about either of these two beyond the usual?
    #22     Oct 31, 2005