Any way to get around the high fees on penny stocks at IB ?
(IB charges per stock, so to get in&out of a $0.2 stock, cost me around 4% of the deployed capital....
)
Not by using the fixed fee, as then regular stocks will be to expensive. (100$+ for roundtrip)
Maybe 2 accounts, 1 regular fees, 1 fixed fees.
Any idea ??? (besides not to trade penny stocks...)
(IB charges per stock, so to get in&out of a $0.2 stock, cost me around 4% of the deployed capital....
)Not by using the fixed fee, as then regular stocks will be to expensive. (100$+ for roundtrip)
Maybe 2 accounts, 1 regular fees, 1 fixed fees.
Any idea ??? (besides not to trade penny stocks...)
