How To Buy Otc Stocks On Scottrade May 2026

: Schwab and other full-service brokers often require you to accept an OTC Securities Acknowledgment or risk disclosure before you can trade these assets. You can typically do this in your account profile or by contacting a specialist at 888-245-6864 .

Scottrade no longer exists as a standalone brokerage; its accounts and services were first migrated to in 2018 and are now part of Charles Schwab . To buy Over-the-Counter (OTC) stocks—often referred to as penny stocks—as a former Scottrade client, you must now use the Charles Schwab platform. Steps to Buy OTC Stocks at Charles Schwab how to buy otc stocks on scottrade

: While many standard stock trades are commission-free, some brokers still charge specific fees for OTC or "Pink Sheet" trades. Check the Schwab Pricing Guide for current rates on non-exchange-listed securities. Important Considerations for OTC Trading can i buy penny stocks on scottrade? - Bitget : Schwab and other full-service brokers often require