Some people are thinking whether the penny stock wave is over because things have returned to normal. Of course not. There are plenty of smaller companies with tremendous growth potential looking for financing these days and they get a penny listing to do just that . As long as there is innovation and growth, you dont have to worry about penny stocks dying out. Ready for the ride? It all starts with looking at the best penny stock brokers

Online penny stock brokers range from the super cheap with barebone features to the full service variety offering lots of guidance and research options Are you going to be trading a lot or a little? How much are you willing to pay per transaction? Ready to compare online stock brokers?

Discount brokerages have low fees and neglible differences in transaction costs between stock trades and microcap stock trades. The quality broker include but are not limited to Zecco, Lowtrade and ChoiceTrade. Additional bells and whistles are available for a small fee. Its upto you to use the features they provide with little guidance besides online help .

Cheap stock brokers offer discounted trades. They also offer additional services for a higher premium . These brokers like TDAmeritrade and Sharebuilder are few and far between.

If none of these work for you, then you have the big boys of the brokerage business - full service brokerages . With these higher costs comes a higher level of service . The likes of Charles Schwab, Fidelity and Vanguard are great examples of these. Whether you’re new to investing or have some experience, we recommend you consider these brokerages in your research rather than just eliminating them simply on price.