IB refuse send a limit order if is 3% away from last price, so is impossible trade most OTC stocks with IB. Ameritrade, etrade or schwab not impose any limit but not provide direct market access, they sell costumer orders for market makers like NITE and execution is very slow
Really? I'm not an expert on OTC, but I always thought that it was stocks traded NOT on a stock exchange (Over The Counter, or pink sheet is what they used to call it on trading floors).
It's too expensive and there isn't that much money in it for brokers, hence why they don't really offer it.