Investor Help (NO Ihub questions)

[cintrix]

Yes and no. Technically there is no limit. And it then depends on your broker. Some brokers will charge you extra fees over 500k. Some don't. Some brokers who use clearing firm Penson/Apex will not allow you to purchase large amounts in stocks that don't trade often. They have an illiquid rule - which is total bs, imo. I have never, ever been refused a trade based on size from Etrade. I would guess there could be legal issues if you were buying a penny stock and were making a huge purchase where it was a large percentage of ownership of the company.