We found 11 online brokers that are appropriate for Trading Day Trading Penny Stocks.
Do you want to know how to trade the penny stocks?
We explain the guide to Day Trading Penny Stocks in more detail.
A penny stock is the way to define the smaller sized company stocks. A quick way to decide if the stock is a penny stock can be found from the price of the stock.
Usually, the price is less than $5 per share. Although the price is small do not underestimate penny stocks because they are normally traded on giant exchanges like the NYSE.
Often you will be able to trade penny stocks over-the-counter.
As mentioned, you can trade penny stocks on a large exchange like the NYSE and over the counter.
Penny stocks are not for beginners and you will need to understand the market before taking action.
It is crucial to play safe because penny stock trading is considered as one of the most volatile investments, thanks to its possible price swings.
Because of the price volatility of penny stocks they are very relevant to day traders.
The difference between the opening and closing price of a penny stock can be vast. Professional traders speculate with the aim of profiting on this volatility.
If you are frequently trading and willing to take risks, day trading penny stocks can be a great opportunity.
It allows you to make the trade in the short-term. It is easy to day trade the penny stock as Penny stocks are usually traded in a lower volume.
Due to these approaches, you will need to be aware of the strong takeaways and the risks. Day trading penny stocks requires the meticulous and well researched approach.
You will need to prepare an appropriate strategy to help you minimize the risks. As mentioned, trading penny stocks can be very volatile.
For those who are familiar with the penny stocks and day trading, you may not be surprised with the sudden movements in price.
If you are just beginning your journey in penny stocks day trading, you need to prepare your mentality first.
Sudden movements in the price can directly affect your results. The volatility can make or break your trading. Therefore, it is very important to stay updated to factors that affect penny stocks. Also make sure the broker platform you trade on is well regulated by a major European economy like the UK or Germany.
To trade penny stocks, you will need to have a trading account with a trustworthy and reliable brokerage. It is important to know that you cannot trade the penny stocks in the major exchanges.
Consider to focus only on the top rated online brokerages. These places offer you great platforms to access the penny stock markets and make the trade as you desire without any hassle.
Keep in mind that you also need to consider the commission charged to you when you are trading. For most traders with higher volume of trading, the discounts are easily found.
Trading penny stocks requires good computing equipment. When you are about to join with the specific online brokerage sites, they will inform you about the computer specifications and requirements.
Not to mention that you will also require a speedy and secure internet connection. It is important to keep updated with the real-time speeds and data sharing.
Not only high in volatility, penny stocks prices can quickly change in a matter of seconds.
This means as the traders, you will need to take action quickly based on the price changes of the penny stocks.
A slow computer and internet connection will only interfere with your activities and could make you lose enormous amounts of money.
The last thing you want is that you lose your money just because you were delayed on decision making due to your slow connection.
The day traders often use the desktop systems to set up multiple monitors to display different information in one device. However, you do not have to focus on a PC for this purpose. Nowadays, you can easily find powerful laptops which can run the day trading platform and showcase the news feeds and other information on different screens.
If you have researched and prepared your trades well, all you need to do is just proceed to the next step. Using your account, and make your first trade in penny stocks.
We have conducted extensive research and analysis on over multiple data points on Day Trading Penny Stocks to present you with a comprehensive guide that can help you find the most suitable Day Trading Penny Stocks. Below we shortlist what we think are the best day trading penny stocks after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Day Trading Penny Stocks.
Selecting a reliable and reputable online Day Trading Penny Stocks trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Day Trading Penny Stocks more confidently.
Selecting the right online Day Trading Penny Stocks trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for day trading penny stocks trading, it's essential to compare the different options available to you. Our day trading penny stocks brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a day trading penny stocks broker that best suits your needs and preferences for day trading penny stocks. Our day trading penny stocks broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Day Trading Penny Stocks.
Compare day trading penny stocks brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a day trading penny stocks broker, it's crucial to compare several factors to choose the right one for your day trading penny stocks needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are day trading penny stocks. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more day trading penny stocks that accept day trading penny stocks clients.
Broker | XTB | AvaTrade | SpreadEx | Trading212 | forexmart | Robinhood | icicidirect | sharekhan | Zerodha | eoption | zackstrade |
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Regulation | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835) | FCA (Financial Conduct Authority) (609146), ASIC (Australian Securities and Investments Commission) (541122), FSC (Financial Supervision Commission, Bulgaria) (RG-03-0237), CySEC (Cyprus Securities and Exchange Commission) (398/21) | Instant Trading EU Ltd CySEC (Cyprus Securities and Exchange Commission) (266/15), Finateqs Corp (137723) Belize | Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC), Financial Conduct Authority (FCA)(828790), Australian Securities and Investments Commission (ASIC)(001282393), Financial Services Agency (FSA) Japan, Canadian Securities Administrators (CSA), Financial Market Authority (FMA) New Zealand | Securities and Exchange Board of India (SEBI) (INZ000183631), National Stock Exchange of India (NSE) (07730), Bombay Stock Exchange (BSE) (01174), Multi Commodity Exchange of India (MCX) (56305) | IRDAI (Insurance Regulatory and Development Authority of India) (CA0950), NBFC - N-13.01810 (RBI), AMFI-registered Mutual Fund Distributor (ARN 20669), SEBI Regn. No.: BSE / NSE / MCX: INZ000171337 | PFRDA (Pension Fund Regulatory and Development Authority) (POP319072020), SEBI Registration (INZ000031633 CDSL/NSDL) | FINRA (Financial Industry Regulatory Authority), SIPC (Securities Investor Protection Corporation) | FINRA (Financial Industry Regulatory Authority), SIPC (Securities Investor Protection Corporation) |
Min Deposit | No minimum deposit | 100 | No minimum deposit | 1 | 15 | No minimum deposit | No minimum deposit | No minimum deposit | No minimum deposit | No minimum deposit | 250 |
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Used By | 1,000,000+ | 400,000+ | 60,000+ | 3,000,000+ | 10,000+ | 24,000,000+ | 1,869,925+ | 665,000+ | 1,500,000+ | 300,000+ | 720,000+ |
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Platforms | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView | Web Trader, Mobile Apps, iOS (App Store), Android (Google Play) | Web Trading, MT4, Mobile Apps, iOS (App Store), Android (Google Play) | Web Trader, Tablet & Mobile Apps, Apple App iOS, Android Google Play | Basket Orders, Trade Racer, Sensibull, Web, Mobile Apps, iOS (App Store), Android (Google Play) | TradeTiger, Sharekhan App, Mobile Apps, Android (Google Play), iOS (App Store), Dial-N-Trade, Sharekhan Website, InvesTiger, Trading API | Kite Trading platform, Console Backoffice, Kite Connect Trading APIs, Mobile Apps, iOS (App Store), Android (Google Play) | Web, eOption Mobile, Auto Trading, Direct Access, Advanced Screener, Mobile Apps, Android (Google Play), iOS (App Store) | Mobile Apps, Android (Google Play), iOS (App Store), Zacks Trade Pro, Zack Trade App, Web |
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Learn More |
Sign
Up with xtb |
Sign
Up with avatrade |
Sign
Up with spreadex |
Sign
Up with trading212 |
Sign
Up with forexmart |
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Up with robinhood |
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Up with icicidirect |
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Up with sharekhan |
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Up with zerodha |
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Up with eoption |
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Up with zackstrade |
Risk Warning | 74-83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Your capital is at risk | Your capital is at risk | Your capital is at risk | Your capital is at risk | Your capital is at risk | Your capital is at risk | Your capital is at risk |
Demo |
XTB Demo |
AvaTrade Demo |
SpreadEx Demo |
Trading 212 Demo |
ForexMart Demo |
Robinhood Demo |
ICICI Direct Demo |
Sharekhan Demo |
Zerodha Demo |
eoption Demo |
Zacks Trade Demo |
Excluded Countries | US, IN, PK, BD, NG , ID, BE, AU | BE, BR, KP, NZ, TR, US, CA, SG | US, TR | US, CA | RU | CU, IR, KP, SY, UA |
You can compare Day Trading Penny Stocks ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Day Trading Penny Stocks for 2025 article further below. You can see it now by clicking here
We have listed top Day trading penny stocks below.