Internet Stock Brokers

If you want to play the penny stock trading game you will need a broker to help you with your money. This person, the broker, is your one and only lifeline, the one you chose to buy and sell stocks for you. This person will open an account where you can deposit your money and is very similar to a regular bank account. In your account will be stocks and bonds also.
Brokers come in two forms, internet brokers and full service brokers. The full service broker is just that, he offers portfolio assistance, investment strategies and advice etc. All this service is not free, it actually is paid for with a commission or also called a transaction fee.
The discount broker will give advice but to a limit. A specific question about investing can be answered but not near the level you can get from the full service broker. Like anything else, you get what you pay for. If you don’t need much help and you feel you know enough to go it on your own, then the discount broker is for you.