Your Money. You can filter penny stocks by stock price and volume. Disclaimer: Our Penny Stock App does not endorse or suggest any of the securities which are returned in any of the searches or filters. Otherwise, you might pick a lower cost platform to save a few bucks each time you trade. Casual traders can save a lot looking elsewhere, but active traders with more than 10 trades per month to reach 30 per quarter can find a sweet spot with lower cost trades and access to the E-Trade platform. Still, some investors like to trade penny stocks because the low price makes it possible to hold thousands of shares for a relatively small amount of capital — and all those shares mean investors can profit with the gain of just a few cents per share. Schwab has recently eliminated base trading commissions on all stocks including penny stocks , ETFs, and options.