Lowtrades.com is a highly regarded online penny stock broker. It features a remarkable overview of the basic investments alongside free of charge investment quotes brought to you by real-time streaming. The customer service representatives at Lowtrades.com are experts in their field, providing you with an online penny stock broker recipe for success. Their services can be accessed for an affordable price. Trading online will cost you as little as $5 while telephone transactions will cost $25. This rate is very reasonable in comparison to rival full-service brokers.

Another company offering exceptional services is E-Trade. A minimum deposit of $1000 is required to open an E-Trade account, however if no transactions are made on your account within the first year, any inactivity fees will be waived. If your account remains inactive in the second year following its opening, $25 will be charged to your account every quarter. This fee will be waived if you have traded in the past six months and when the balance on your account reaches $5000.

Trading Direct also offers first-rate broker services. With Trading Direct you will not be required to maintain a minimum cash account balance, however, you will incur an annual minimum maintenance charge of $60. The good news is that this charge can be waived by trading once a year. Trading Direct charges $9.95 for limit and market orders while broker-assisted trades will cost you $29.95.

An Ameritrade account can be opened with $1000. This entitles you to 25 commission-free online trades which must be made within the 5 weeks following the opening of your account. To ensure that your Ameritrade account remains open, a maintained minimum balance of $500 is required. Despite incurring relatively high charges, an Ameritrade account enables you to acquire valuable financial information, making for a highly valuable financial relationship.

Scottrade offers an extensive range of products and services through its website. Scottrade should be the choice for individuals whose main business is conducting trades. A $500 deposit is necessary to open a Scottrade account. On opening an account you will benefit from no maintenance charges and no annual inactivity fees. You will be granted access to free of charge real-time quotes as well as all the latest DOW Jones news. Unfortunately, Scottrade services are currently only available to those in the United States.

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