I cant trade OTC stocks with IB because their price caps. Need an alternative

Discussion in 'Retail Brokers' started by thepalatinezoom4, Sep 29, 2020.

  1. I cant find any broker yet.

    Otc markets pink sheets stock have large spreads, so is almost impossible trade OTC with interactive brokers

    Etrade and Ameritrade dont impose restriction but dont have (or dont allow) direct market access for otc
     
    #11     Oct 15, 2020
    backuptiger and Arke like this.
  2. otctrade

    otctrade

    Aren't you in America? Almost all the big otc players I know use an American broker and they have no problem making a killing with E-trade
     
    #12     Oct 16, 2020
  3. etrade dont have direct access to otc markets. They generally send orders to market makers like NITE or CDEL and execution is very slow
     
    #13     Oct 16, 2020
  4. otctrade

    otctrade

    people are making hundreds of thousands of dollars on otcs with etrade. It's not that slow. E-trade is also an MM it shows up on level 2 under ETRF
     
    #14     Oct 16, 2020
    Arke likes this.