If you are trying to buy or sell 1,000 shares of anything considered a "Penny stock" (ie something trading for less than $5/share), USUALLY the commission will be higher....so you shouldn't waste you time or money!
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I'm looking to invest some money in a couple companies, but am admittedly not very knowledgeable about investing. I was looking at online brokerage and have seen the prices for each trade. Like 4.95 per market trade: is that just the base fee to buy or sell any amount of shares? Hence, if I choose to sell 1 share it'll be a $4.95 cost, and if I try to sell 1,000 shares, it'll still be $4.95? Is there any other hidden fees a newbie like myself should consider before picking an online brokerage site? I'm looking to just buy some stock in solar companies that are doing well, so I don't intend on making a massive amount of trades. I just want to buy, hold for months, maybe a year or two and sell.
Thanks for the help!