Is zecco any good?
I'm new to trading, but I have decided to start daytrading pennystocks. So now I need a broker. I did some research and found that zecco has the lowest fees ($4.95 per trade + another $4 for trading pennystocks) so it is a flat fee of $9 unlike most other brokers who take a margin. Is this correct? If not, what is the best broker for trading penny stocks?
I'm not aware of any surcharge on penny stocks at Zecco.
I think your penny stock trades are going to be $4.50 flat.
If you have $25 in account you will get 10 free trades per month.