TD Ameritrade2. Fidelity3. Charles Schwab4. Interactive Brokers5. Penny Stock App for android is use to find hot penny stocks ideas.Penny Stocks allows a trader to find daily top penny stocks gainers and losers. This penny stocks app does not suggest which penny stocks to buy, it lists penny stocks to watch.
This video teaches how to grow your account and trade penny stocks at a beginner level. Learn more from this guru here Copyright Infringement intended. All rights go to their respective owners. First because penny stocks are cheap and second beginners think they can have huge profits easily. The fact is that trading penny stocks is very risky because the price is very volatile and because many professionals manipulate these kind of stocks because it does not need a big capital to change the price.
Scammers use a one page websites and forums to ask traders to buy penny stocks. When the beginners are buying the professionals are selling. Sometimes scammers ask for membership which is more dangerous. Scammers use new ipo stocks or old ones.