Best Pink Sheet (OTC) Broker?

A

Antihero1776

Who would your recommend as the best pink sheet broker?

I currently have Interactive Brokers.

Thanks, I want hear people experiences and suggestion.
 
Quote from Antihero1776:

I currently have Interactive Brokers.
More...

Can you say more about why you want to switch from IB? I've only used IB for a few pink sheet trades but find they handle the same as any OTC issue. Their quotes are real time, same liquidity as everyone else, low commissions and only $1 a month data fee (as I recall).
 
But wondering who you work for ? :cool:

I'm just beginning to learn about people who live to hype something to others. Not my style.

Yeswings
 
I am wondering who people use also. I was issued a stock cert from the company and the shares are eligible to trade, but the stock is at $.15 and hasn't traded for a year, so no one will let me deposit the shares. Does anyone know of a brokerage firm that will take them????
 
Quote from Rulloff:

I am wondering who people use also. I was issued a stock cert from the company and the shares are eligible to trade, but the stock is at $.15 and hasn't traded for a year, so no one will let me deposit the shares. Does anyone know of a brokerage firm that will take them????
More...

there are almost no firms taking otcbb and if they do you need a clear path back to the issuer. Opinion letter, agreement, debt conversion paperwork, stuff like that..and it all needs to show a clear path back to the issuer. FINRA has clamped down on clearing firms like legent and penson and on B/D's who wont take the risk anymore....they only firms I know that will take it is scottsdale and they will rape you...You are stuck with a piece of paper in other words. They are charging $500.00 nonm refundable just to take the cert and then 1% on top of the ticket and 5% commish...
 
You must log in or register to reply here.
Back
Top