Where to go to trade on the otc market?

Discussion in 'Ask any question!' started by Michael Willis, Apr 29, 2019.

  1. Michael Willis

    Michael Willis New Member

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    I would like any info to help me get started trading on the otc. I recently opened an account with Ally and have traded on the U.S. markets but Ally does not allow trading on the otc or any stock with a 5 letter ticker ending with the letter "F". Can anyone PLEASE direct me to a brokerage that will allow these trades. Thank you in advance
     
  2. Onepoint272

    Onepoint272 2019 Stockaholics Contest Winner

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    TD Ameritrade is one of many.
     
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  3. OldFart

    OldFart Well-Known Member

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  4. GARP25

    GARP25 New Member

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    TD Webbroker allowed me to purchase Informa PLC's shares (IFJPY). As @Onepoint272 mentioned, Ameritrade is the US equivalent which may be better for you as I'm out of Canada.

    To elaborate on @OldFart's good point, only invest in the shares ending in "Y" and make sure there's a decent amount of trading volume. You also have to make sure the business you are investing in is traded regularly in their country's local market (United Kingdom, Germany, Japan, etc.). I would also look at the company itself to see how long they've been in existence (the more decades since incorporation, the better).
     
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