The Best Online Brokers for Penny Stock Trading - NerdWallet

The Best Online Brokers for Penny Stock Trading

What is a penny stock? The SEC defines a penny stock as a low-priced common stock: a stock trading below $5 a share.

Penny stocks are generally traded outside the major stock exchanges (such as the Nasdaq or the NYSE) and are traded on what is called the over-the-counter bulletin board (OTCBB) or through pink sheets, a daily publication that lists these stocks.

Both the OTCBB and pink sheets provide ways to trade stocks that do not meet the stringent listing requirements of the major exchanges. Of course, this also means that penny stocks are often far more volatile than stocks listed on the NYSE.

Overall, because of the high risk associated with penny stocks, NerdWallet does not recommend trading them unless you are a very sophisticated investor and have a clear strategy.

What to watch for when picking a penny stock broker

Trade commissions and fees: Because many penny stock trades involve a large number of shares, look for a broker that charges a flat commission. This will almost always save you money over the per-share surcharge levied by many brokers. TradeKing, for instance, tacks on an extra 1 cent per share for stocks valued under $2, in addition to their standard $4.95 commission. If you trade 500 shares of a stock, this will add $5 to your trade.  Be sure to ask about any additional fees before making a decision, and keep in mind that different brokers have different definitions of penny stock. Some consider anything trading under $5 to be a penny stock, while others put the cutoff at $3 or $1.

Volume restrictions: The best penny stock brokers will allow you to trade unlimited shares without additional fees, but a few charge more for large orders. Some brokers also limit the number of penny stock shares you can trade in one order or in one day, forcing you to pay another commission fee and slowing down your trading strategy.

Trading restrictions: Ideally, your penny stock broker will allow you to trade penny stocks with its online platform, just as you would a standard stock. Watch out for firms that require you to trade penny stocks through a broker, or impose limits on the types of trades you can execute. For example, many brokerages don’t allow customers to short penny stocks, and some don’t trade stocks valued under a certain amount, like 5 cents or 1 cent.

Best overall value in trading penny stocks

These brokers combine low pricing with quality execution, research and data tools.

  • Commission: $8.95 per trade
  • Account minimum: $0
  • Current promotion: Get a $150 Amazon gift card by making a qualifying deposit of $1,000 or more into a new optionsXpress account and placing 10 or more trades within the first 90 days.
  • Read our full optionsXpress review
Get started
  • Commission: $9.99 for fewer than 150 trades/quarter; $7.99 for 150 to 1,499 trades/quarter; $6.99 for 1,500+ trades/quarter
  • Account minimum: $500
  • Current promotion: Get 60 days of free trades on deposits of $10,000 or more, plus cash bonuses on deposits of $25,000 or more.
  • Read our full E-Trade Review
Get started

OptionsXpress and E-Trade share similar features, including a large penny stock selection, strong trading tools and flat commissions on penny stocks. Key differences: The OptionXpress  trade commission is lower, but E-Trade’s tiered pricing structure benefits high-volume traders. Both companies have exceptional customer service and helpful educational offerings.

Best for lowest-cost penny stock trades

For investors who prioritize low commissions over all else.

 

  • Commission: $6.95 per trade
  • Account minimum: $0
  • Current promotion: Get up to $600 cash when you invest in a new Merrill Edge account. Receive $100 for a $20,000 deposit, $150 for a $50,000 deposit, $250 for a $100,000 deposit and $600 for a deposit of $200,000 or more. Deposit must be made to new account with 45 days of opening.
  • Read our full Merrill Edge review
Get started
  • Commission: $5, plus $2 surcharge for penny stocks
  • Account minimum: $0
  • Read our full ChoiceTrade review
Get started

If price is your main concern, Merrill Edge and ChoiceTrade are good options. Merrill Edge has a $6.95 flat commission with no surcharge for penny stocks, though the brokerage has a limited selection and does not allow accounts that are composed entirely of penny stocks. ChoiceTrade adds a $2 penny stock surcharge to its standard $5 trade commission, but even that addition keeps its prices competitive. There are a few drawbacks here, too: The company imposes a volume surcharge of 1% of the trade value for trades over 500,000 shares, and doesn’t allow trades of stocks valued under 5 cents.

Best for beginner penny-stock traders

These brokers have educational resources and low minimum account balance requirements.

 

  • Commission: $9.99 per trade
  • Account minimum: $0
  • Current promotion: Open a new account with $3,000 or more and trade commission-free for 60 days, plus get a cash bonus on larger deposit amounts: $600 on $250,000+; $300 on $100,000 to $249,999; and $100 on $25,000 to $99,999.
  • Read our full TD Ameritrade review
Get started
  • Commission: $8.95 per trade
  • Account minimum: $0
  • Current promotion: Get a $150 Amazon gift card by making a qualifying deposit of $1,000 or more into a new optionsXpress account and placing 10 or more trades within the first 90 days.
  • Read our full optionsXpress review
Get started

TD Ameritrade and optionsXpress both offer flat commission structures with no hidden fees. They also have online education centers that will be useful to new traders, as well as $0 account minimum balance requirements. Aside from those similarities, they both have features that will appeal to beginner traders: OptionsXpress offers a lower commission and no extra fee for broker-assisted trades, as well as investing seminars at Charles Schwab branches (its parent company). TD Ameritrade’s trading platform is stronger and the company has more than 100 branches where investors can have questions answered in person.

Best platforms for trading penny stocks

These online brokers offer top-notch analytics tools.

 

  • Commission: $0.005 per share, plus exchange fees. Minimum $1 per order, maximum 0.5% of trade value.
  • Account minimum: $10,000
  • Read our full Interactive Brokers review 
Get started
  • Commission: $9.99 per trade
  • Account minimum: $0
  • Current promotion: Open a new account with $3,000 or more and trade commission-free for 60 days, plus get a cash bonus on larger deposit amounts: $600 on $250,000+; $300 on $100,000 to $249,999; and $100 on $25,000 to $99,999.
  • Read our full TD Ameritrade review
Get started

Interactive Brokers is a favorite among very active traders for good reason: Its Trader Workstation platform is streamlined but sophisticated, with everything traders need, including real-time monitoring, research, risk-assessment tools and paper trading accounts to test strategies. There are no limits on penny stock trades, though the brokerage passes along all exchange fees, which can add up quickly and make trading here pricey. TD Ameritrade gives its clients access to three trading platforms, including the award-winning thinkorswim.

Arielle O’Shea is a staff writer at NerdWallet, a personal finance website. Email: aoshea@nerdwallet.com. Twitter: @arioshea.

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  • top dawg

    I just spent a very long time writing a review of USAA providing important information that isn’t included here and when I clicked next, it erased my review and says I’m logged in. Can your system retrieve it?

  • Maxime Rieman

    I’m sorry, but we don’t have a way to retrieve your review if it wasn’t posted

    • J

      its my 1st time doing this now im trying to learn on which broker to pick online …let me say i don’t know much about stocks ..and learning if penny stocks or non penny stocks is the best way to go.. is there any advice for a beginner…?

      • Maxime Rieman

        I would suggest that you get started investing in non-penny stocks and mutual funds. Penny stocks are incredibly volatile and not suited for beginners.
        If you decide you want to try investing in penny stocks, here is some basic info that you should know before getting started investing in them:
        http://www.nerdwallet.com/blog/investing/2012/basics-trading-penny-stocks/

        • vacuumation

          Not only that, but the rage for pennytrading has helped contribute to our economy crashing and its supposed ‘recovery’ coming at a snail’s pace. You know, the same weak economy that has put so many males on this comment section be underemployed, not afford the contemporary cost of living, and to descend into their parent’s basement. It’s also further discrediting the stock market today by allowing those who are essentially Hackers to find ways to game the system with technology and certain algorithms. None of this is spurring innovation or learning economics. This is certified betting.

  • Jeff

    This is the worst article I have ever read. Do not use a brokerage that charges you per share for Penny Stocks!!! Are you crazy? I buy Penny Stocks by the half million and if I take your advice I would be paying (.01X500,000=$50) Now why on earth would i want to pay that much to execute 1 trade when I can use E-Trade and pay a flat $9.95. You have no knowledge in stock trading or basic common sense when it comes to finances.

  • T

    I am a new investor of penny stocks. since we buy a higher volume why would I want to pay .01 per share. that makes no sense to me.

  • yahoo

    How great can they be? None of them list ULUR as a penny stock on the verge of exploding.Currently @ .52 a share, their ”ALTRAZEAL” should be a huge seller.Johnson and Johnson are you watching?

  • jin

    Penny Stocks:

    For stocks priced less than $2.00. Maximum commission per order not
    to exceed 5% of the trade value, with minimum commission of $4.95.

    – straight from the site, so it does not exceed 5% of the trade value

  • Jeffrey Snyder

    where is the best place to be if i want to buy one hundred shares at twenty dollars per share and the stock goes to thirty dollars per share and i want to sell it? i will have made $1,000 on my $2,000 investment for a total of $3,000 in holdings. How much will I get back when I sell the whole thing. How much did it cost me to get in and how much does it cost me to get out? Is there a monthly fee for them to just sit on my money. This is the kind of trading I would do to start off with by buying one to three or four stocks for a total of not over $6,000. Who is going to give me the best deal? I would move the cash limit up at some point in time.

  • Jeffrey Snyder

    Edward Jones fucked me by lying about what money they were charging and by saying when and how I would get my money. Words would not explain how angry I was. I wanted to destroy something. (them)

  • Michael OLeary

    I have a bunch of penny stocks that I bought years ago and they are finally taking off. They were restricted for a few years and we recently got them unrestricted. How do I go about selling some of them off.? What brokerage is good? Do I have to register these certificates again? As you can see, I am a complete novice at this. Help me out here.

  • Hari Iyer

    td ameritrade. that is all

  • Max

    I think this article needs to be updated. E-option doesn’t have option to trade penny stocks and Choice trade doesn’t allow socks under 5 cents.

  • jimladen

    altough etrade has a rep for being pricey, its probably on par with most sites. as far as i know, there is no extra fee for penny stocks. just the flat 9.99 commission, same as TD ameritrade. also etrade has a boat load of extra features and probably have a great customer service team as they are one of the most popular brokers out there. i’ve been content with them so far.

  • j

    what was the review about?

    • kofi

      i am new to penny stocks. registered with optionxpresss recently but i cant find where the penny stock is located on the optionxpress website.

  • Daniel Guzewich

    Where can I find a low cost day trade account. I am playing with penny stocks and tradeking says i need to have an account with 2500 in it in order to buy/sell same day 3 times a week. This is something Im playing with and dont want to put more than a couple hundred in the account.

  • Sam

    Choicetrade does not allow to buy stocks below 0.05 price

  • Alexia Merlo

    I am a new investor looking to open with three hundred and disperse into a few penny slots I’m looking for a cheap website with no or little minimum to open with? What site is the right one for me !!!?? I’ve looked for hours and changed my mind about a million times, can any one help?

  • Robert High

    Scottrade only charges $7.00 per trade if you trade online. They require only $500.00 to open up an account. It’s a great deal and a reasonable amount per trade.

  • http://dfwmls.org Terrence

    I just signed up with a paper account with trademonster, and although I like their app and platform, there is one major problem for penny stocks. Most aren’t even listed.

    When looking to make a trade, none of the OTCBB/Pink are even listed to trade. Confused on why you recommend this broker for penny stocks when most aren’t even listed to trade. Am I doing something wrong?

    Thanks

  • BILL

    I trade penny stocks with Scottrade for $7

  • ldw

    My father and I invested in penny stock that were restricted and now should be unrestricted, we received an email from the transfer agent about 2 months ago saying they were no longer restricted. My dad is working with this guy and I don’t know if my parents just don’t understand what he is saying or if the guy is just BSing them. At any rates I am very frustrated, one minute they say that we should be good to sell the next minuted they don’t know if they can sell
    My question is once a restricted stock is unrestricted how long should it take to sell?

  • Jay

    TD Ameritrade unlimited trades for a flat monthly rate great for penny stocks!

  • Dan

    Hi Maxime,

    Thank you for the great review. I am looking to trade pennystocks and options on listed stocks too. I think Interactive Brokers covers me but right now the minimum deposit is just a bit too high. I was going to go with optionshouse as was recommended and has lower transaction costs but I don’t think they cover penny stocks and OTC? I have also been recommended Just2Trade and they seem to do options and OTC penny stocks. Do you have any views on either?

    Thanks
    Dan

  • 11inchesofsnow

    I’ve used Etrade for over a year now and have had no extra commissions just flat fee of $9.99 per and they trade all penny and sub penny stocks down to .0001 I have built my portfolio from initial investment of $600 to over 40k in less than a year with same 6-8 stocks

  • 11inchesofsnow

    I’ll give you mine and you all can do some DD and check them out and hit me up with any questions or opinions
    EPAZ, LVGI, REDG, MYEC, MRIB, ERBB, KGET, QASP. I feel all of these are long term rides with over $5 potential LMK what you guys think

  • Tailgun

    One brokerage I’ve noticed as conspicuously absent from most online broker reviews is Place Trade Financial. They appear to basically be the little sister of Interactive Brokers – they actually use the IB platform and even employ IB as their clearing house! The only differences appear to be (slightly) higher fees, a lower minimum deposit ($5000) and more emphasis on customer service.

    Do you know if they offer penny stock benefits similar to IB?

  • Satish

    Get the details about top brokerage firms in India. How to trade with safer trading method in NSE, MCX, NCDEX, MCX-Sx & Also regarding Dmate account.

    Make a call us today +91 843 500 1551 / +91 8435001552

  • cnnmodscansuckit07

    USAA is absolutely terrible for trading.

  • kofi

    i am new to penny stocks. registered with optionxpresss recently but i cant find where the penny stock is located on the optionxpress website…

  • Medientstudios

    MDNT $$$$ to the moon! Form 4 reported CEO purchased 600k @ .064… Closed Friday @ .01- building the largest movie studio in the US. This is SO under the radar!! GLTA!

  • Marc Spenseur

    I am trying to learn how to trade penny stocks but I keep hearing how dangerous it is. I also read about Pump and dump from pennystockstraders. I’m wondering if it’s really possible to make money with all those issues.

  • Trader_Jake

    I’m surprised that you didn’t have a category/ section involving order routing. Big OTC and pink traders need to be concerned about the time it takes to execute, how orders are filled (MM or ECN), etc.. Can we ge an update?!

  • GWO9815

    IS THERE A CREDIBLE SOURCE FOR PENNY STOCK TIPS/ADVICE?

  • beth j

    This is good information. Reminds me of some of the tips I read on OTC Bully. They also provide great tips on penny stocks and stock trading.

  • http://bestonlineforextrade.blogspot.com/ Mila Rose

    Nice informative nice blog. Thank you so much for updating Forex Trade tips
    Best Online Brokers news. Recently I got more Profit form trading of Greenvaultfx – Trading company of New Zealand!!!!!

  • http://bestonlineforextrade.blogspot.com/ Mila Rose

    Nice informative nice blog. Thank you so much for updating Forex Trade tips news. Recently I got more Profit form trading of Greenvaultfx – Trading company of New Zealand!!!!!

  • Dean

    when they say Commission per trade is that for both buying and selling or would that be two trades??

  • Nick

    I’d like to start getting investing just a few hundred dollars of extra cash to start, with an eye on penny stocks. My priority is to keep trade fees/commissions to a minimum. Since I’m not bringing more than a few hundred dollars into play, my volume of shares will not be very high, so I could probably tolerate extra per share fees for penny stocks if the base commissions are low enough (like TradeKing level for example). I’m not sure what my trade frequency would be, but could be as high as a couple trades a week, or perhaps occasionally trades within the same day; I could also go weeks or months with inactivity as well. What type of broker would you recommend for me?

  • Bob

    I know this is probably a dumb question, but I am just a beginner. For the commission per trade part, say I only invest $5 in a trade, and I was using USAA, would I still have to pay the entire $8.95?

  • Chris

    This thread of comments is disturbing.. Diversifying penny stocks? Give me a break. If you want to learn how to grow a small account exponentially, I can point you in the right direction for some good free resources

  • trisia rutter

    Great info guys; I read through all posts first and a lot of my questions were answered. I am new and have always wanted to get into penny stocks to wet my beak. I know it’s not a get rich quick thing but it’s ideal for someone with limited money to invest, like me. Thanks again for all the great info!

  • LooseLeaf

    alright, so I have done some readings on stocks/stock-market for sometime now, and would want to start investing/buying stocks. I already have a list of (*diverse) companies on a stock market watch/portfolio I have with ‘seeking alpha app’ that I’ve read/watched/followed for sometime now. I’ve also read the entire comments section and must say, they’re very informative. I have a couple of questions to ask,…First, I’m just starting out, and looking to spend not more than $200. what is the best online broker(site) with the best deal that offer no commission fees, has no minimum $ requirement and has a relatively low pricing? I know of loyal3, tradekings and optionhouse. Any ideas to help a beginner out? Thanks for helping

  • LooseLeaf

    Hi Chris,

    alright, so I have done some readings on stocks/stock-market for sometime now, and would want to start investing/buying stocks. I already have a list of (*diverse) companies on a stock market watch/portfolio I have with ‘seeking alpha app’ that I’ve read/watched/followed for sometime now. I’ve also read the entire comments section and must say, they’re very informative. I have a couple of questions to ask,…First, I’m just starting out, and looking to spend not more than $200. what is the best online broker(site) with the best deal that offer no commission fees, has no minimum $ requirement and has a relatively low pricing? I know of loyal3, tradekings and optionhouse. Any ideas to help a beginner out? Thanks for helping

  • ben

    what direction might you be pointing

  • Al

    i am a complete stranger to trading and penny stocks, I’ve read some things and am still doing research, but how in simple words do you invest in penny stocks and get a broker? for someone who is a student without a lot of money! thanks

  • http://onlineroboticstocktrader.com/ allenrodger

    Awesome informationI was wondering about the PDT rule and stressing’ out. Thank you..

  • chowdary

    guys i have some experience with trading i am a student who came to us for ms , but i don’t know what company is best for trading penny stocks in USA can anyone suggest a good broker with no hidden charges and less minimum charges thank u

  • Hiccup

    Theres a lot of great information here. Thank you for those actively contributing. I find it funny that everybody is trying to make the MOST amount of money with little money in hand… It doesn’t quite work like that. I’m a newbie, still in the research phase but some of you need a reality check. Do your homework first or you’re going to lose your investments.

  • W Peter Vos

    I want to trade international penny stocks, especially those found on TSX and Venture TSX. What I want is to buy real shares, not pinks or ADRs, but the real deal. I realize there are some extra charges, but lets keep those on the small size. I want fairly fast execution times too. All of this through an online platform. Great? But who is best? I can’t tell, too many loopholes, etc. THX

  • Dream Investor

    Does anyone know of a Brokerage house that trades stocks @ .00001

  • Jake Sillmin

    Are these relevant in the United Kingdom? I was looking at ETX or Plus500 after reading the comparison on brokernotes.co, as they both seem focused towards British traders. The commissions on ChoiceTrade & Trademonster look more appealing… are they still reputable?

  • Larry

    I’ve been out of the market since the Big Bust of 2001 but always did well in IPO’s. So I want to get back to them. I signed with E-Trade but didn’t fund it when I found IPO’s are only available to accounts much larger than mine will be ($5K+-). What I’m looking for: Free level II platform, fast execution, low to moderate fees (nothing hidden) good research and absolutely no problem getting funds into or out of my account. Used to trade with Datek which was a great online broker. (Used to send me BIG chunk of chocolate when I made lots of trades!)

  • Pierre Torres

    I am a first time investor with around $500 to play with,which firm is best for me? I need one with a low commission rate, a big list of stocks, no minimum account requirements, and no hidden fees. Are there any that fit the bill? Or at least come close?

  • http://www.unlimitedcertificates.com/ Lois Williams

    I have no idea about the penny stocks, that what they are but now I have read this article and I am really excited to read this about the online brokers and penny stock trading account. and thanks for the information about the companies with the penny stocks.

  • Jay

    How is Choice Trade for trading penny stocks?

  • Chet Bryant

    “However, the brokerage doesn’t allow customers to short stock” … so you can’t sell stock on OptionsXpress? So…uhm…help explain, anyone?

  • sania

    Really nice post as I found it to be very informative. Reliance Securities offers demat account which is Safe, Secure, Online & Seamless to keep track of your investments. Now trade online easily.

  • Guest

    blah, blah blah blah blah, lol

  • The_nature_fan_Wooooo

    which trading company do you all recommend for a beginner?

  • Am

    What about etrade? How good it is?

  • brett woods

    do any of these accept a paper certificate – OTC pink Current?

  • adan brown

    I haven’t had any experience working with the brokers. but still. this article seemed informative. i had been working with OTC US listed companies and I have earned huge profits. I would recommend to try out OTC:GLAG for safe and huge returns.

  • adan brown

    I only pick OTC US listed stocks. I have been trading in OTC:GLAG and I hav been earning huge profits. I would recommend all to try out GALA GLOBAL INC. for good returns.

  • tony

    Endocan or omnicare (ENDO) is on the verge of making a massive leap in price. Check it out

  • Adrain Sewat

    Me one of the new investor with regards to penny stock and looking out for investment into Gala Global Inc. Even though have read a lot about its working and venturing into different sphere, still would like to have some suggestions.

  • Agustin Notvali

    investment has always been a better solution for the individual, but one need to plan that where to move ahead. like which investments could be better like in Mutual fund, stocks, penny stocks and so on. You need to decide which stock could be beneficial as Gala global Inc is doing good but not sure about how it would make profit?

  • Thedukeofearlanddutchesspam Aw

    I am a new to all this. I have penny stock I bought in 2003 in USBU. I was looking to sell it. Do I need to open an account with a broker?

  • JayUty

    ANDY LANK CASH FLOW is still underground and unheard of in the Binary Trading world! I am anxious because I truly want you to be able to take the advantage of this if you really are a serious trader with the hope and determination to make millions from this platform. It’s quite possible. You just need a right trading tool like ANDY LANK CASH FLOW to trade for you.

  • courierearn

    I have personally used ANDY LANK CASH FLOW System before. A friend of mine he is also an expert trader. He suggested me Andy Lank System.

  • linnetobvious

    So, what you need is ANDY LANK CASH FLOW. It is the most amazing of all the software that I have come across.

  • Jason Angel

    I’m using ANDY LANK TOOLS and make nice profit since 4 weeks

  • Sean

    I’m new, still researching & learning. I have $2,000 ready to go & another $20,000 once I learn. I thought it might be best to take only $200 & trade it to a success point, say $1,000, just to help myself learn. My 2 questions are these: why is shorting important? Is that synonymous with selling? Also, with such a vast pool of opportunity, what are some recommended resources to narrow things down – ie, best choices? Thank you!

  • Matt Phillips

    The best online broker for trading penny stocks would be Etrade IMO. There are lots of risks involved with penny stocks.when it comes to finding penny stocks to buy an investors should be aware that these lower priced stocks can be incredibly volatile. You want to stick with the method of buy low sell high because the penny stocks can change at any moment. You want to make sure you buy in at a good entry level and exit at the right time to see the most off your investment before the possibility of not seeing a return on your investment. On the up side the gains can be uncapped many of these stocks jump 50-500% in a matter of hours.

  • n79c

    I need a broker that will do a dwac for at stock trading at .08 any help?

  • Earnest Matthews

    It the Penny Stock or Stocks Picks are same or some thing different?

  • Jamba

    MJMJ is poised to skyrocket. Not one for giving recommendations so I can avoid any blame if my research is wrong, but this is one worth looking into. Quality company, I have visited in person as I reside in Colorado. Rapid expansion is in their near future. I don’t recommend buying in for over 4 cents a share, but if you can get in under 3 cents it is a steal. This stock with hit at least a quarter a share come July. This post is solely to share a piece of knowledge with anyone looking for a ticker to research themselves. Do not take my word for it, but do not ignore this opportunity. Best of luck jumping on the train to anyone that does so before 5 cents!

  • SharjeelButt

    So it seems like if you’re not trading penny stocks – go with TradeKing.

    If you are trading (incl. shorting) penny stocks – go with CapitalOne/Etrade

  • SharjeelButt

    has anyone used optionshouse?

  • john

    good for you,but if no one knows how to purchase stocks then what good will your blog do

  • Guest

    nice article thanks! think i might give interactive brokers a look!

  • Guest

    nice article thanks! think i might give interactive brokers a look!

  • http://www.native-loans.com/ All American Debts

    Thanks for the info. I like Cobra Trading but that 30K minimum account funding is a bit much.

  • http://www.native-loans.com/ All American Debts

    Thanks for the info. I like Cobra Trading but that 30K minimum account funding is a bit much.

  • ezscott

    “At the price you specified, E*Trade can only accept orders placed with prices in minimum increments of $0.0001.”

    Why can’t I buy at 0.00001???????????????
    Others are.

  • Cburg

    How about Fidelity?

    • http://www.nerdwallet.com/ NerdWallet

      Hi there – thanks for reaching out to us! Fidelity wasn’t selected in any of these categories for penny stocks, but we are re-evaluating our awards for 2016 and will be publishing updates to our roundups, like this one, shortly.

      If you have additional questions, feel free to email us at support@nerdwallet.com! (1/28/16)