If you do a good deal of penny trading then you just might have to go that route. Did you call TDA and ask them if they have any plans of getting rid of commission on pennies? Maybe if you tell them you are going to ET they may just waive your fees.
Screw Etrade, those jerks lol. ETRADE reverses it's ZERO commission policy on OTC stocks. I got no email update on this, just overnight the policy is changed.
Just yesterday I flipped the turd DBMM, and was charged zero commissions. This morning, they're charging commissions on it.
I have accounts with Schwab, I may have to move my higher-trading account over to them.
Although, I bet other brokers will follow suit, they all have to act the same, no independent thought. All online brokers are like the Borg collective lol.
"Zero commissions are futile, your profits will be assimilated"
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