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Saturday, August 08, 2020 12:30:25 PM
That's just crazy. Were they broker fees? If so, they need to find a different broker if they are going to trade penny stocks.
I know there are several brokers out there that don't charge an arm and leg for trading fees. Personally, I use Ameritrade...which is $6.99 per trade for penny stocks, no matter how many shares are traded. When selling, there is another government fee, but it's never been over $6 for me so far. So that would be a maximum of $14 when selling.
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