How To Buy Penny Stocks On Fidelity Guide
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
: Use the Fidelity Stock Screener to filter for stocks with a price below $5 or by specific market cap and volume thresholds. 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
: Enter the ticker in the search bar. Check if the security is listed on a major exchange (NYSE/NASDAQ) or is an OTC security. Enable Penny Stock Trading : Use the Fidelity
: Go to Account Settings or Trading Settings , search for "penny" or "OTC," and electronically acknowledge the disclosure.
: 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.