day trading,day trader,stock

What Is The Smallest Amount Of Money Needed To Buy Stocks?

There are actually stocks out there called penny stocks. They can cost a fraction of a cent per share. Of course anything valued that low would be high risk, dropping even a penny a share would be a huge hit and many of these stocks disappear and leave the bearers in a state of tax limbo with the money.
So, the minimum cost would basically be the transaction fees.
hope this helps.

This entry was posted in how to buy stocks and tagged , , , , , . Bookmark the permalink. Post a comment or leave a trackback: Trackback URL.

7 Comments

  1. fthnatur
    Posted 2010/02/07 at 1:04 pm | Permalink

    depends on the price of the stock.

  2. Missbeck
    Posted 2010/02/07 at 7:09 pm | Permalink

    It’s depend on which stocks you are purchase. Also, depend on the brokers too. Some broker require more money to open an account than other. To learn more, click on the link below.http://www.scottrade.com/frame_brokers.a…

  3. Anonymous
    Posted 2010/02/07 at 10:21 pm | Permalink

    it really depends on which country you are in. varying policies and legalities govern such thing in diffeent countries.

  4. ms_priss
    Posted 2010/02/07 at 10:27 pm | Permalink

    I know of a financial vehicle that allows me to place trades on stocks by putting only 3% and be exposed to the full price movement.
    These instruments are called CFD’s. (Contract for difference)
    But for an actual stock I’ve seen some go as low as 0.001 cents on the Australian stock exchange.

  5. flying_e
    Posted 2010/02/08 at 1:45 am | Permalink

    The price of the stock plus the comission to buy it.

  6. Frank Castle
    Posted 2010/02/08 at 5:29 am | Permalink
  7. trade_in
    Posted 2010/02/08 at 10:19 am | Permalink

    $4/-

One Trackback

  1. [...] What Is The Smallest Amount Of Money Needed To Buy Stocks? | day trading [...]

Post a Comment

Your email is never published nor shared. Required fields are marked *

*
*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>