The more capital you have, the better. You should ideally have $5,000 to trade penny stocks. In this way, you could actually afford to trade since you are paying just $14 per round trip (buying and ...

Karl Kaufman covers stock market investing and wealth-building ... Big names like e*Trade and TD Ameritrade charge $6.95 per trade, while Charles Schwab and Fidelity have lowered their commissions ...