Access is highly limited. Robinhood only supports select OTC securities (such as large foreign companies trading via American Depositary Receipts) and does not support penny stocks trading on the Pink Sheets [5, 6].
You can buy OTC stocks through online stockbrokers that offer access to the OTC Markets Group networks (OTCQX, OTCQB, and Pink Sheets) [2, 3]. 1. Full-Service & Specialized Brokers where to buy over the counter stocks
Similar to Robinhood, Webull offers limited access to specific OTC foreign ordinaries but does not support the full spectrum of OTC penny stocks [7]. ⚠️ Important Considerations Access is highly limited
Over-the-counter (OTC) stocks are not listed on major exchanges like the NYSE or Nasdaq [1]. Instead, they trade through a decentralized network of broker-dealers [1]. 🛒 Where to Buy OTC Stocks Instead, they trade through a decentralized network of
in your account settings (most brokers require you to read and sign a risk disclosure first).
Many brokers that offer "commission-free" trading for standard stocks still charge a flat fee or a per-share fee for OTC transactions [4].