Penny stocks are those stocks that cost only a few pennies per share. These cheaper stocks are often thought to be a great way to get started with building a share portfolio or to develop a trading strategy using only low amounts of capital.where to buy penny stocks.
The prime reason these particular stocks is so cheap is because they are portions of smaller companies or perhaps even newer companies to be listed on the stock market. This also means they're not as important on the stock exchange as some of the shares from much bigger corporations.
Before you jump into buying any stocks, it's important to research into finding the right broker for you. Always check how much your broker will charge you for each trade you place. Some brokers charge a flat fee for transactions while others charge a percentage of the trade value