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Best brokerage company for buying pink sheet/OTC stocks
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Best Pink Sheet Brokerage Commissions (2012)
- Stocks and ETFs: $4.95
- Stocks and ETFs priced under $1: $6.95
- Stocks and ETFs broker assisted: $19.95
- Options: $4.95 plus $0.65 per contract
- Options exercises and assignments: $4.95
- Mutual Funds: $10
- Forex: spreads as low as 1-2 pips for most major currency pairs
- Bonds: $4.50 per bond, with $22.50 minimum per transaction
- Treasury: $24.50 per transaction
- Investments: stocks, mutual funds, options, Forex, Bonds, Treasury bonds, ETFs
- Minimum to open Zecco account: $0
- All Zecco fees
Pink sheet stocks are shares that do not trade on a stock exchange. Like shares that are traded on a stock exchange, the shares traded
in the pink sheets represent equity in the business. However, by not being on a stock exchange, pink sheet stocks are not subject to
the oversight of other stocks and therefore are more susceptible to scams.
- Very low commissions
- No account minimum, maintenance or inactivity fees
- Free streaming data
- Free dividend reinvestment
- Great online community
- Could open account with no money down
- No surcharge for large orders
- $2 per trade surcharge on penny stocks
- Extended hours trades have $0.005 per share surcharge on applicable commission
- $30 annual IRA fee
Best Pink Sheet Broker Review
Zecco Trading offers very low, $4.95 per trade, commissions on stocks and ETFs (exchange traded funds). Options trading
is priced at $4.95 plus $0.65 per contract, with the lowest assignment and exercise fees of all discount brokerage firms - $4.95.
Mutual funds are just $10 per transaction. There are no surcharges for large orders but
the company charges $2 per trade more on penny stock trades.
Read full Zecco Review.
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