Penny stocks are volatile and often illiquid, making specific order types crucial for risk management. Trading penny stocks - Fidelity Investments
Buying penny stocks—typically defined by the SEC as shares trading under $5—on Fidelity Investments requires an active brokerage account and an explicit one-time risk acknowledgment. Once enabled, you can trade both exchange-listed low-priced stocks and a limited selection of Over-the-Counter (OTC) securities. 1. Enable Penny Stock Trading how to buy penny stocks on fidelity
: Go to Account Settings or Trading Settings , search for "penny" or "OTC," and electronically acknowledge the disclosure. Penny stocks are volatile and often illiquid, making
Before you can place an order, you must read and accept the . search for "penny" or "OTC
: Activation is often immediate after acceptance, though manual reviews can take 24–72 hours. 2. Research and Find a Stock