Online Brokerages

[redshirt8]

I don't know if u ever got an answer to this but u can't buy pennies on margin. however, u need a margin account otherwise you are very limited in the amount of trades u can make because the trade has to settle. You can get a margin account at Zecco for an initial outlay of $3500 and that allows you three daily round trips in a five day period. You can make as many round trips as u want, but only in and out three times in the same day in a five day period.

Or you can go with the $25,000 account which allows you to make unlimited trades whenever u want. Hope this helps.