Penny Stocks on Robinhood
The Robinhood trading app has a very slim number of penny stocks and OTC stocks it allows you to trade because those indexes charge more for brokers. Penny Stocks also have lower amounts of liquidity which makes it more difficult for Robinhood to make margins when trading. Robinhood is only for beginners because you pay for its cost by recieving second hand placement for buys ans sells.
It is a challenge to start trading on the penny stocks having a value of less than $1 per stock. As the name says, these stocks are traded in … Read More