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Karen_S
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Hello,

Is it possible to trade OTC BB & pink sheets with an Ameritrade CASH account ?

If so, can I buy stocks and sell them the next day without restrictions ?

Just want to make sure before I open an account ...

Thanks

Posts: 2 | Registered: Apr 2004  |  IP: Logged | Report this post to a Moderator
laststock007
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To answer your question, yes to all.

You can trade over-the-counter stocks using Ameritrade but they cannot be market orders. Ameritrade only does limit orders for OVC stocks.

Also, in regards to your cash account question. The answer is YES, but make sure to call them and ask them before you open an account.

I hope this helps.

FYI - There customer service number is... 800-669-3900.

-ls007

Posts: 112 | From: NY, NY | Registered: Dec 2003  |  IP: Logged | Report this post to a Moderator
Karen_S
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Ok many thanks I'll contact them today to make sure.
Posts: 2 | Registered: Apr 2004  |  IP: Logged | Report this post to a Moderator
   

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