Folks, looking to enter the world of US Penny Stocks. I have a broker that I use here in Canada for my self directed RRSP ( 401K equivalent) but would like to setup a USD account to trade penny stocks.
Any Canadian's on this site with a positive broker experience either US or Canadian based that they can recommend ? Thankyou.
Thank you folks.
Also try RBC Direct Investing. They have really good executions, never fails
I'm in the same situation and did quite a bit of research into this. I eventually opted with Questrade as they'll let me have a TFSA or RRSP in USD...plus no PDT (I've got less than $25k to start), different (and competitive) commission plans, decent platform, etc. The one caveat is I haven't started to use the account yet so I don't know how good/bad they are for executions and shorts.....there is some negativity about that from a few years ago but that noise seems to have quietened down.
Thanks @cheesycheese72, let me know how things go with Questrade.
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