CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.43% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Read full risk warning.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

How to Find Suitable Penny Stocks

There are various methods for pinpointing suitable penny stocks for investment, and we delve into a few of them below.

Marcel Deer - Writer for Fortrade
By Marcel Deer
a man in a green and black checkered shirt
Edited by Petar Milenkovic

Updated June 14, 2024.

a penny sitting on top of a piece of paper with a graph, symbolizing penny stocks

Delving into the world of penny stocks can be like discovering hidden treasure, as these low-price and, in some cases, high-potential investments can sometimes offer investors potential profit (or the other way around in less fortunate cases).

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3 Strategies for Finding Penny Stocks

1. Stock Screeners

Stock screeners could help investors discover penny stocks by allowing them to filter using specific criteria, including :

These filters can help investors focus on penny stocks that meet their investment goals and risk tolerance, enabling them to manage risk while finding high-potential penny stocks.

» Start off strong with our article: How to start trading penny stocks online