A Fidelity customer recently attempted to trade penny stocks on OTC (Over-the-counter) markets during pre-market hours and received the following error message:
(340036) Market and Limit buy and sell orders of stocks and ETFs in dollars are only allowed during normal market hours (9:30am ET thru 4:00pm ET).
This error indicates that Fidelity does not allow OTC stocks to be traded during pre-market hours.
To trade OTC markets during the regular trading day, customers must place market or limit orders within the normal trading hours of 9:30am ET thru 4:00pm ET.
💬 Community Discussion
Julia L:
Did anyone ever get charged of commission for buying OTC stock? I had a limited order and got charged of one time $50 fee, not sure why!?
Hong N:
I can’t even get my OTC orders to process!!! I get the TC9052 error message saying there’s no enough information on this company or something like that. Here’s the funny part, I already some shares and just trying to grab some more
Victor V:
Yeah me it was a $50 foreign stock fee. If the ticker ends with “F” it’s foreign. My only regret is that I didn’t buy more shares! bought in at 1.95 but the 50 fee bumped my average share price to 4.45 smh.
