More importantly, you should avoid US penny stocks. It is not like AIM in the UK, but full of broken companies, pump and dump manipulation, and some outright frauds. Please read the warning link from the US regulator below.
Penny stocks, also known as cent stocks in some countries, are common shares of small public companies that trade at low prices per share. They are notoriously risky but if you follow a special method I've learned you can earn good money at almost no risk. This is the site I use: http://pennystocks.toptips.org
I definitely recommend subscribing to this site in particular. Very good research, quality stocks. I was a bit weary of penny stocks from all the bad hype they receive but this guy is pretty legit. He's put my mind at ease with a lot of the fears I've had. I especially like that he doesn't send out announcements left and right. I've signed up for other websites that fill my in-box with one company after the other. I don't know where to even start with so many choices in front of me! Nathan sends me one idea a week and that's all I need. Working so many hours during the week leaves me with very little time when I get home to start doing tons of penny stock research. I'm always eager to see what Nathan's next suggestion is each Friday and I love having time on the weekend to do my research.
As said above if you want to make money with penny stocks you have to follow some proven methods. This one in my opinion is the best: http://pennystocks.toptips.org
Cheers.
Unless you have a US taxpayer ID, or a US Social Security number, you can't!
(How would they tax you on your gains or give you a tax write-off for your losses if you don't file a tax return in the USA?)
If a stock is tradeable (liquid) and you are trading a reasonable amount (say minimum ￡5000) then any decent UK broker worth his/her salt will trade for you. I would trade all day long for you!
If you are US/Canada resident then you will find it very difficult/impossible to open an account in UK. Unless you have $500k or so.
Read about FATCA
If you are set on trading such risky " small penny syocks " in the US ,then all you need is an international trading account with any of the major execution -only brokers.
Odds are that you will lose a lot of money.
I want to start trading but can't seem to find a UK brokerage that trades small penny stock companies in markets such as 'OTC BB' and 'NasdaqCM', which brokerages in the UK trade these markets?
