While Fidelity allows you to trade on the OTC market, not all OTC stocks are tradable on Fidelity. If you are an active penny stock trader, you must have seen this error message at least once.

(TC9052) Opening transactions for this securi…

A new Fidelity customer recently asks:

I have $50 available to trade, but every time I try, I get this notice. I transferred funds today, but normally when I transfer funds to my account on the same day, I can trade immediately, but not t…