In order to trade on the OTC Pink or ArcaEdge markets, you must add the United States (Penny Stocks) trading permissions.
Use the button above or follow the below procedure to update your trading permissions:
- Log into Client Portal
- Select the User menu (head and shoulders icon in the top right corner) followed by Settings
- Under Account Settings find the Trading section
- Click on Trading Permissions
- Locate Stocks section, select Add/Edit or Request under Stocks and check the box for "United States (Penny Stocks)" and click on CONTINUE.
- Review and sign the disclosures and agreements.
- Click CONTINUE and follow the prompts on screen.
Please Note
- IBKR cannot disclose its eligibility requirements for products. Please do not contact Customer Service to ask for these criteria as they cannot provide additional information.
- All Users listed on the account including FIX users with TWS rights must be two-factor authorized, either via SMS, IBKR Mobile Authentication (IB Key) for iOS or IBKR Mobile Authentication (IB Key) for Android, or a Secure Login Device. If the account is linked to a Financial Advisor master account, all Users on the Financial Advisor master account that have trading access to client accounts are required to be two-factor authorized.
- Accounts where at least one user has opted out (fully or partially) of two-factor authentication are not eligible to trade U.S. Penny Stocks. (IBKR no longer allows clients to opt out and is requiring all users to be fully two-factor authenticated.)
- IBKR requires that clients be at least 21 years old to trade U.S. penny stocks.
- In addition, the account holder must have the requisite Investment Objectives, Investment Experience and their personal Financial Profile must be consistent with Options Trading Requirements. Please be sure to read the notes at the bottom of the Trading Permissions and Market Data page, as it contains important additional information.
- U.S. Penny Stocks trading is subject to Pattern Day Trading Rule (only for IBLLC and IBUK securities accounts with balances below 25,000 USD).
- U.S. Penny Stock trading permissions will not display as a choice if your account does not meet the qualifications.
- Review Interactive Brokers’ Penny Stock Trading Risk Disclosure and Risk Disclosure Regarding Ramp and Dump Scams for information on risks associated with trading Penny Stocks.
Additional Information