How to Trade OTC Counter on Tiger?

OutofCBD
2021-04-19

Unlike Moomoo, $Tiger Brokers(TIGR)$allow the OTC trading for stocks in OTCQX, OTCQB and Pink. We just need to do a one time approval to start trading.

1. Go to any OTC stocks. Example: $PEAK POSITIONNG TECHS(PKKFF)$

2. Click on Trade.

3. Request for Trading OTC.

You will see a screen similar to above.

OTC counter are high risks high rewards counter and therefore not suitable for everyone. When get it right, you can easily see 2-10x return for OTC counter. Especially when it get listed to NASDAQ. 

Note: Most OTC stocks don’t get listed to NASDAQ. Some choose other exchange. Never risk more than you can lose completely on an OTC counter.

I don’t trade OTC counter often and when I do, I go in at less than 1/10 of my usual position. The only counter I am holding now is $PEAK POSITIONNG TECHS(PKKFF)$.

PS: Not a financial advice. Don’t bindly follow a greenhorse ?. Please do your own DD.


Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • HLPA
    2021-05-30
    HLPA
    Thank you for sharimg. I bought into BLSP with Tiger but now Tiger only allow closing positions at current ridiculous price! Anyone knows which brokers allow BLSP to be bought and sold?
  • 4254f9ca
    2022-03-09
    4254f9ca

    @jw for oct trading

  • Kiiatz
    2022-03-11
    Kiiatz
    Great ariticle, would you like to share it?
  • Urahara
    2022-02-24
    Urahara
    Thanks for sharing!
  • Maal J
    2022-02-15
    Maal J
    That’s very useful.
  • yap1984
    2021-12-31
    yap1984
    一夜暴富
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