No matter if you’re day trading penny stocks or you’re looking for stocks under $10 to add to your long-term portfolio, you need to open a brokerage account before you can begin trading.

Finding the best high-volume penny stocks is important to everyday traders. These can offer amazing gains when executed. The process of finding the best of these is very challenging for traders.

Penny Gusner is a senior insurance writer and analyst at Forbes Advisor. For more than 20 years, she has been helping consumers learn how insurance laws, data, trends, and coverages affect them.

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Penny stocks are low-priced securities that trade for less than $5 a share. Wondering where to buy them? It's a good question: Not all brokers offer them, and those that do may charge higher fees ...

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