Brokerage for Penny Stocks

Hi,

Could you suggest me a good broker for Penny Stocks?
I currently have HDFC but they have a limit of 2.50.

Thanks in advance

Arthur

If you are trading more on penny stocks and if your total brokerage per month is more than Rs.2,150 then you can ask this question to RKSV Securities who is charging only Rs.2,148 (1,947 + 10.3% Tax) per month fix brokerage for unlimited trading in Stocks, Futures & Options, you can ask question directly to RKSV here on this link: http://www.traderji.com/brokers-trading-platforms/65135-rksv-unlimited-online-trading-1947-a.html

Also check other transaction costs(excluding brokerages) on their website on cost calculator link.

Hi
i could not buy penny stocks below 2.5, so unable to average out my shares which i brought at higher prices.. i am able to take risk , but hdfc securities is not permitting.. so please suggest me the way to buy penny stocks from hdfc or other way..

Broking firms can have their internal regulations and risk management strategy acc to wch they may restrict trading in certain penny stocks and Z group stocks. If one wishes to invest in penny stocks below 2.5 or 0.5 then he can check with any local broker if it allows to invest in same.