5 Best Brokers for Penny Stocks

2. E*TRADE

Trade commission: $6.95
Account Minimum: $500

A great broker for people not willing to risk large sums, E*Trade, the number two on the list of best brokers for penny stocks requires a minimal account of $500, which is the lowest of all penny stock brokers on our list. Just remember, low investments also means low profits.

5 Best Brokers for Penny Stocks

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