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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.
• For stocks priced below $2.00, Ally Invest charges a commission of $4.95 plus $0.01 per share.
• Ally Invest has a $100 minimum order requirement for OTC trades.
Traders at Ally Invest can buy over-the-counter (OTC) and pink sheet stocks, though finding them might be tricky.
OTC and Penny Stocks at Ally Invest
With an Ally Invest brokerage account, you can trade penny stocks and over-the-counter equities. The OTC category includes stocks of varying risk levels. We found the following types of OTC stocks during our research:
- Expert Market
- Grey Market
- Pink Sheets
- OTCQX
- OTCQB
Penny stocks are those that trade for under a certain price, such as $3 or $1. Some of these may be traded on an OTC exchange, while others can be found on major American exchanges like Nasdaq. In both cases, Ally Invest offers the ability to trade them.
Fees and Minimums
Ally Invest charges $4.95 plus a $0.01 per-share fee for every penny stock trade below $2.00, regardless of whether the stock is on an OTC exchange or a major one. A $100 minimum order applies to all OTC stock trades.
Finding Penny and OTC Stocks
At Ally Invest, finding penny stocks is simple. Just log into your account and navigate to the investing section (not the banking section). In the trading hub, click on the "Research" link at the top, then select "Screeners" from the drop-down menu. This will open the securities search engine. Click on the link for stocks (not ETFs) to switch the search to stock mode.
In the search engine, you can filter by closing price. Unfortunately, there's no option to search for a specific price, only pre-defined price ranges. For penny stocks, the best option is selecting "less than $10." After choosing this, you can filter by price and look at stocks below that level. Many stocks we found were priced at $0.00.
Ally Invest's equity scanner does not allow searching by exchange, so you cannot specifically look for OTC stocks. This is a downside we encountered. You’ll need to do some research outside of Ally and input a ticker symbol on their website or mobile app.
The app also has Ally's equity scanner. To find the search engine in the app, log in, tap on your securities account to get to the trading section, then tap the "Research" tab at the bottom. On the Research page, you’ll find the screener tile, which has the same features as the web-based scanner.
Moomoo as Alternative
As an alternative, you can try Moomoo, which provides access to 12,000 penny stocks, pink sheets, and OTC BB stocks with $0 commission (learn more).
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Visit Moomoo Website
Updated on 1/23/2026.
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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