I'm really struggling to find anything suitable so I'm asking for your help. I'm a UK citizen and resident currently using TradeZero to trade US penny stocks, however their restrictions block you from trading any OTC under 10 cents, and I keep missing out on great trades of stocks less than 1 cent. Because I'm in the UK I can't use Robinhood, Webull or TD Ameritrade. Fidelity doesn't seem to operate here either. Trading 212, eToro, Freetrade etc don't have the stocks I'm looking for. I can't find any information on Charles Schwab, Interactive Brokers, and Hargreaves Lansdown, but I'm guessing their commissions would be more than the shares themselves. So does anyone know of a broker that will allow a UK resident to trade US OTC stocks that are as low as $0.0001? Thanks
yea their commisions are a bit pricy (per share) but i think they allow all otcs This might change though: https://www.sec.gov/news/press-release/2020-178
I just realized this might work too since you're in the UK https://international.schwab.com/open-account-intro/open-account?country=UK&branchCode=IA Requires minimum 25,000 USD
Generally interactive brokers are useless to trade otc penny stocks Because they impose price caps (security limits). You cant buy a stock for more than 10% last price (round lot). But otc stocks have large bid ask spreads