Been with Etrade for a while now. Only problem I have is not being able to short OTC as they do not allow it. Missed a lot fo plays because of this. (think it's funny when I see people posting trades of shorting OTC but using Etrade lol!) Any brokers you guys would recommend? I have watched Sykes broker video and Grittani's DVD about brokers, none of it really applies to me. I have 5k so far and can not open with Speedtrader or especially Centerpoint, which is who I would love to be with but their minimums are above what I can do right. Tired of crappy locates and no shorting OTC with Etrade! TD Ameritrade is also out because they don't allow OTC shorting as well. Any advice would be great!!
Interactive Brokers has great borrows for OTCs
For your size account you will need to use the off shore provider suretrader
IB has too high of a minimum for my account, Suretrader looks great but the fees will eat you alive.
Use Venom by Cobra Trading to get IB borrows and clearing firm. Venom clears through IB with similar commission structure and account minimum is $5K.
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