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Ally Invest Penny and OTC Stocks in 2026
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OTC and Penny Stocks at Ally Invest
Key Findings:
• Ally Invest allows trading in penny stocks, OTC stocks, and Pink Sheet stocks.
• Ally Invest charges a commission of $4.95 plus $0.01 per share for stocks priced below $2.00.
• Ally Invest requires a minimum opening purchase of $100 per order on OTCBB and Pink Sheet stocks.
Investors at Ally Invest can trade over-the-counter (OTC) and pink sheet stocks. Finding them can still take a little work, however.
OTC and Penny Stocks at Ally Invest
With a brokerage account at Ally Invest, investors can trade penny stocks and over-the-counter equities. The OTC market includes multiple tiers with different risk levels. During our research, we found all OTC levels, which are:
- Expert Market
- Grey Market
- Pink Sheets
- OTCQX
- OTCQB
Penny stocks are securities that trade below a certain price point, such as $3 or $1. Some of them may trade in the OTC market, while others may trade on a major U.S. exchange, such as Nasdaq. In either situation, Ally Invest provides access to them.
Fees and Minimums
Ally Invest charges $4.95 plus a per-share fee of $0.01 on every trade of a stock priced below $2.00. This charge applies regardless of where the stock trades (OTC or a major exchange). There is also a $100 minimum opening purchase per order on OTCBB and Pink Sheet stocks.
Finding Penny and OTC Stocks
At Ally Invest, finding penny stocks is fairly simple. Just log into the website and go to the investing section instead of the banking section. On the trading hub, click the Research link in the top menu and choose Screeners from the drop-down menu. This will bring up the search tool for securities. Click the link for stocks, not ETFs, to put the screener into stock mode.
In the search tool, you can screen by closing price. Unfortunately, you can't search by an exact price; you have to choose from a pre-set range. For penny stocks, the best option is less than $10. After picking that setting, you can filter by price and review stocks trading below that level. Many we found were listed at $0.00.
The Ally Invest stock screener does not let users search by exchange, so it's not possible to look specifically for OTC securities. This is the first drawback we found. You'll need to do your research outside of Ally, bring a ticker symbol with you, and then enter it on the website or mobile app.
The app also includes Ally's stock screener. To find it on the app, sign in and tap on your securities account to reach the trading section. There, tap the Research tab at the bottom. On the Research page, you'll see the screener tile, which offers the same tools as the web-based screener.
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Updated on 4/2/2026.
Chad Morris is a financial writer with more than 20 years experience
as both an English teacher and an avid trader. When he isn’t writing
expert content for Brokerage-Review.com, Chad can usually be found
managing his portfolio or building a new home computer.
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