Author Topic: Best Broker for OTC stocks - I need a recomendation  (Read 5982 times)

winjitsu

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Re: Best Broker for OTC stocks - I need a recomendation
« Reply #20 on: August 02, 2018, 12:21:34 PM »

FWIW, I have US accounts and was able to buy CNTWW at IB and CNTE at Fidelity.

This is really good to know, thanks! I tried this last Spring / Summer 2017, but since they filed financials + and have the pending merger, not surprised that things have changed.

AFAIK Fidelity hasn't changed their rules though regarding pink sheet stocks w/ no financials (which in many re-orgs will be the case).


Mondegreen

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Re: Best Broker for OTC stocks - I need a recomendation
« Reply #21 on: August 02, 2018, 01:09:03 PM »
Could you confirm you had to place a minimum order of 100 when purchasing CNTWW?

$33.00 * 100 = $3,300

Bit of a large position in the warrants (for me), though I do think that they are the best way to play Contura

Thanks,
Mondegreen

muscleman

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Re: Best Broker for OTC stocks - I need a recomendation
« Reply #22 on: August 02, 2018, 03:12:09 PM »
NoCalledStrikes, how's your experiment with TD AM going? I haven't had any problems with them for a few otc stocks that I own. (NJMC, ATGN, TSSI, QUES etc.)

maybe4less

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Re: Best Broker for OTC stocks - I need a recomendation
« Reply #23 on: August 02, 2018, 04:23:05 PM »
Could you confirm you had to place a minimum order of 100 when purchasing CNTWW?

$33.00 * 100 = $3,300

Bit of a large position in the warrants (for me), though I do think that they are the best way to play Contura

Thanks,
Mondegreen

I believe this was the case at IB, but not at other brokers (Schwab and Fidelity).

Gamecock-YT

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Re: Best Broker for OTC stocks - I need a recomendation
« Reply #24 on: September 20, 2018, 06:12:33 AM »
Looks like they’ve extended it to sell orders now...delay in execution to review the order. Ugh.

KJP

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Re: Best Broker for OTC stocks - I need a recomendation
« Reply #25 on: September 28, 2018, 10:25:33 AM »
NoCalledStrikes, how's your experiment with TD AM going? I haven't had any problems with them for a few otc stocks that I own. (NJMC, ATGN, TSSI, QUES etc.)

Bumping this up to see how it's going with TD Ameritrade.  My existing broker has now largely locked me out of grey market, otc, etc.  TD Ameritrade's website claims it permits OTC trading and a TD rep I spoke to confirmed that.  Can anyone currently use TD Ameritrade confirm that they're currently able to trade grey market, pink sheet and "no information" stocks?  Thanks.

muscleman

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Re: Best Broker for OTC stocks - I need a recomendation
« Reply #26 on: September 30, 2018, 02:56:52 PM »
NoCalledStrikes, how's your experiment with TD AM going? I haven't had any problems with them for a few otc stocks that I own. (NJMC, ATGN, TSSI, QUES etc.)

Bumping this up to see how it's going with TD Ameritrade.  My existing broker has now largely locked me out of grey market, otc, etc.  TD Ameritrade's website claims it permits OTC trading and a TD rep I spoke to confirmed that.  Can anyone currently use TD Ameritrade confirm that they're currently able to trade grey market, pink sheet and "no information" stocks?  Thanks.

I transferred from IB to TD last year and so far have been happy. What specific symbol would you like me to try to buy and experiment? I can send in a low priced buy limit order to see if they reject it.

Spekulatius

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Re: Best Broker for OTC stocks - I need a recomendation
« Reply #27 on: October 01, 2018, 05:57:10 AM »
GCCO is  one that I am interested in. I can’t trade it on IB platform.
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KJP

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Re: Best Broker for OTC stocks - I need a recomendation
« Reply #28 on: October 01, 2018, 10:01:27 AM »
NoCalledStrikes, how's your experiment with TD AM going? I haven't had any problems with them for a few otc stocks that I own. (NJMC, ATGN, TSSI, QUES etc.)

Bumping this up to see how it's going with TD Ameritrade.  My existing broker has now largely locked me out of grey market, otc, etc.  TD Ameritrade's website claims it permits OTC trading and a TD rep I spoke to confirmed that.  Can anyone currently use TD Ameritrade confirm that they're currently able to trade grey market, pink sheet and "no information" stocks?  Thanks.

I transferred from IB to TD last year and so far have been happy. What specific symbol would you like me to try to buy and experiment? I can send in a low priced buy limit order to see if they reject it.


Thanks for the feedback.  ADVC (Advant-E) and PKTEF (Parkit) are two I've had problems with.

bookie71

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Re: Best Broker for OTC stocks - I need a recomendation
« Reply #29 on: October 01, 2018, 10:31:55 AM »
I have had good luck with Schwab
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