I would like any info to help me get started trading on the otc. I recently opened an account with Ally and have traded on the U.S. markets but Ally does not allow trading on the otc or any stock with a 5 letter ticker ending with the letter "F". Can anyone PLEASE direct me to a brokerage that will allow these trades. Thank you in advance
@Michael Willis I would not trade OTC unless you have real time L2 quotes, or you might get burned. https://www.equityfeed.com/pricing.jsp
TD Webbroker allowed me to purchase Informa PLC's shares (IFJPY). As @Onepoint272 mentioned, Ameritrade is the US equivalent which may be better for you as I'm out of Canada. To elaborate on @OldFart's good point, only invest in the shares ending in "Y" and make sure there's a decent amount of trading volume. You also have to make sure the business you are investing in is traded regularly in their country's local market (United Kingdom, Germany, Japan, etc.). I would also look at the company itself to see how long they've been in existence (the more decades since incorporation, the better).