You appear to be unaware of what OTC stands for....Over The Counter. There is no such thing as "direct market access" because there is no "market" to access, that's literally what OTC means. All OTC trading is done with market makers or brokers arranging large orders.their brokers don't have direct access to otc markets. They generally send the orders to market makers and execution is too slow
I have no problem getting filled up to 1,000,0000 shares if the size is available with E*TRADE and Schwab and UBS because E*TRADE makes a market and CDEL too in most OTCs. ARCA is not free, no rebates either.Most OTC pink sheets have large bid ask spreads, but IB don't allow buy a stock for more than 10% the last price
For example, bid is 0.0001 and ask is 0.0003, I cant buy the stock for 0.0003 or 0.0002
I need an broker with direct market access like IB
You can use ARCA on Pink Sheets and BB stocks but it’s cost prohibitive with size.You appear to be unaware of what OTC stands for....Over The Counter. There is no such thing as "direct market access" because there is no "market" to access, that's literally what OTC means. All OTC trading is done with market makers or brokers arranging large orders.
You can use ARCA on Pink Sheets and BB stocks but it’s cost prohibitive with size.
https://centerpointsecurities.com/routes/
They might be able to route to ARCA on BB (see list) but I can't vouch for them because I never tried this broker.