How to Trade OTC Counter on Tiger?
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.
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@jw for oct trading
Tell me more im interested