Once your account is open, you cannot always jump straight into buying penny stocks. Most brokers require you to take an extra step:
Also known as "Pink Sheets," this tier has no financial standards or disclosure requirements. It carries the highest risk of fraud, shell companies, and "pump-and-dump" schemes. 🔑 Step 2: Choose an OTC-Enabled Broker how to buy otc stocks
Fidelity: Highly recommended for OTC trading because it offers on OTC stocks and does not take payment for order flow, giving you better fill prices. Once your account is open, you cannot always
Many popular "free" mobile apps do not support OTC trading or heavily restrict it. You must choose a broker that routes directly to the OTC Markets Group. Once your account is open