Every business day during active trading hours of the world's main Stock Exchanges Binary Basis generates 3-8 highly profitable trading signals in Skype
Too many people especially teenagers are too eager to start day trading. They see photo’s on Instagram of Timothy Sykes advertising his lavish lifestyle, travelling abroad in exotic locations. People want to start making money straight away. Be patient, instead take things slow and paper trade for at least 3 months. Remember you have to learn before you earn! Once ready I recommend starting with at least $2,000. Etrade and Interactive Brokers are the top two online penny stock brokers with the best reputation.
Each broker will have different account minimums, commissions and trading restrictions.
Every week I get dozens of emails from people looking for a good penny stock broker that will allow them to day trade online. You simply can’t buy or sell shares in any public company on the Nasdaq or NYSE without a broker to help you complete the transaction. Luckily nowadays setting up a brokerage account is easier and more affordable than it was a decade ago. With advancements in technology everything has moved online with no need to pickup the phone to execute trades. Despite it being less expensive, finding a suitable trading platform specifically for penny stocks is still a frustrating and challenging task that will leave you pulling your hair out. There are so many factors involved in selecting a firm that you are unaware of that will affect your performance in the long run. Below I outline the most important elements to consider in your selection and I evaluate the top 5 brokers that provide the best overall value.