Question:

What is the best online borker for trading in the Pink Sheets? With streaming quotes for Pinks too.?

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I have a few stocks that trade in the Pink Sheets, but my current broker, TradeKing, has too many restrictions and too many extra charges in order to trade them.

I just want a broker that will allow me to view real time streaming quotes for Pink Sheets and doesn't over charge to trade them.

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2 ANSWERS


  1. You could try Scottrade or Zecco

    It's very hard, if not impossible to get streaming quotes from Pink sheets since it is not a regulated market, there is no specialists system which would monitor the market.

    There are no assigned continuous market makers, they come and go depending on their current positions are the ongoing order flow,

    If you're trading penny stocks, do not expect a warm reception from and major broker/dealer since penny stock traders are not held in the highest regard.

    Many firms do all they can to discourage penny stock buyers as customers since their transactions or order flow are not profitable.

    Welcome to the real world of penny stocks


  2. I have no idea who is the best broker to trade the Pinks.

    Why anyone trades these things is beyond me. ca I assume you understand the spreads, low volume, price manipulation, etc that goes on in these stocks every day?

    http://www.pinksheets.com/pink/risk.jsp

    http://en.wikipedia.org/wiki/Penny_stock

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