: Schwab and other full-service brokers often require you to accept an OTC Securities Acknowledgment or risk disclosure before you can trade these assets. You can typically do this in your account profile or by contacting a specialist at 888-245-6864 .
Scottrade no longer exists as a standalone brokerage; its accounts and services were first migrated to in 2018 and are now part of Charles Schwab . To buy Over-the-Counter (OTC) stocks—often referred to as penny stocks—as a former Scottrade client, you must now use the Charles Schwab platform. Steps to Buy OTC Stocks at Charles Schwab how to buy otc stocks on scottrade
: Use the Schwab Stock Screener to find OTC stocks. Under the Exchange criteria, select OTC . : Schwab and other full-service brokers often require