Which online brokage is the best for trading OTC stock?

Question

Just thinking of investing soon and getting ideas.

Answer 1

I'm looking for the same ifno and have found that some will say that you can trade OTCs. But you cannot trade them online. You have to call them to place a trade for OTCs. Tradefreedom is one that does this. Althogh they don't indicate it on their web site. I'm looking for another brokerage myself that will allow OTC trading online.

Answer 2

Interactive Brokers has an excellent reputation as a broker on not only OTC stocks (pink sheet and bulletin board) but also many other markets both domestic and foreign including Forex and commodity.  Whether or not they are the best, I can not say.  

http://individuals.interactivebrokers.co...

Answer 3

They all can give you excellent service.  I would find an on line brokerage near your residence.  I assume you are referring to discount brokers as the on line brokers.

Answer 4

All major brokerage firms provide their clients with on-line services, including trading platforms, latest market & financial news and research.

Customer need to select the site that is best for them.  Traders have requirements in a site, while investors have other requirements.  

It seems that the most popular firms for on-line investing all of which provide excellent platforms and services are; Scottrade; Chas.Schwab; TDAmeritrade; Fidelity; E-Trade and Thinkorswim.

When you invest/trade in the over-the-counter market you should never put up more than you can afford to loose and you should assume you will loose it all. Unlike regular securities, OTC stocks usually do not let you use risk cutting procedures (options and/or stop orders) since most are not traded in a regulated market place.

Many firms do not like to support OTC trading/investing , and usually do everything to discourage it.