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
: 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. how to buy penny stocks on fidelity
Before you can place an order, you must read and accept the . Buying penny stocks—typically defined by the SEC as
: Go to Account Settings or Trading Settings , search for "penny" or "OTC," and electronically acknowledge the disclosure. Enable Penny Stock Trading : Log in to Fidelity
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.
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