Use Fidelity's research tools to verify the ticker and market venue.
: Enter the ticker in the search bar. Check if the security is listed on a major exchange (NYSE/NASDAQ) or is an OTC security.
: 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 specific order types crucial for risk management. Trading penny stocks - Fidelity Investments
: Log in to Fidelity.com , navigate to Accounts & Trade , then select Account Features . Click Manage next to Penny Stock Trading to agree to the terms.
: Activation is often immediate after acceptance, though manual reviews can take 24–72 hours. 2. Research and Find a Stock
Use Fidelity's research tools to verify the ticker and market venue.
: Enter the ticker in the search bar. Check if the security is listed on a major exchange (NYSE/NASDAQ) or is an OTC security.
: 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 specific order types crucial for risk management. Trading penny stocks - Fidelity Investments
: Log in to Fidelity.com , navigate to Accounts & Trade , then select Account Features . Click Manage next to Penny Stock Trading to agree to the terms.
: Activation is often immediate after acceptance, though manual reviews can take 24–72 hours. 2. Research and Find a Stock