Penny and OTC Stocks at Webull
If you are looking for an easy-to-use, zero-commission platform that allows you to trade penny stocks and OTC-listed securities, Webull might be a great choice. However, there are some limitations to consider before using Webull for penny stock trading.
Keep reading to learn more.
Key Takeaways
• Webull offers commission-free trading for penny stocks and OTC securities.
• Webull does not provide access to OTC Pink Sheets priced under $1.
• Webull's platforms are well-suited to trading stocks with higher volatility.
Does Webull Offer Penny Stocks?
Webull allows trading in penny stocks, but it’s not quite the same as what many expect when they think of penny stocks.
Typically, penny stocks are low-priced, highly volatile stocks from companies that aren't listed on major exchanges. These stocks usually trade in the open market with little oversight. Although traditional penny stocks are risky, they can offer high potential rewards.
Webull offers a small number of stocks under $5 from the OTC market, but none of them are priced below $1. Most of the OTC stocks on Webull are from larger companies. Most of Webull’s penny stocks are priced under $5 and trade on major exchanges like NYSE, NASDAQ, and AMEX.
Webull's OTC Stocks
Since Webull primarily focuses on larger companies, it's important to note the kinds of stocks available if you're planning to trade through their platform.
Webull's OTC stocks are generally from large foreign companies with significant market caps. Examples include Nestlé (NSRGY), Nintendo (NTDOY), Rolls Royce (RYCEY), Volkswagen (VWAGY), Burberry (BURBY), and Tencent (TCEHY), among over 500 other foreign OTC stocks available.
Webull Promo
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Webull's Penny Stocks Offerings
Besides the limited list of OTC stocks under $5, you’ll find a large number of stocks available on major exchanges.
To find them, you can type the stock's name directly into the search bar or use the screener to narrow down your search.
Locating Penny Stocks
Using a stock screener makes searching for penny stocks easier. It allows you to filter stocks based on your preferred criteria, ensuring you only see the ones that fit your investment strategy.
The mobile app doesn't have a screener, but you can use the desktop platform’s screener to create a watchlist with your top picks, and these watchlists sync across the mobile app.
Trading Costs at Webull
Whether you’re trading regular stocks or securities from the OTC market, Webull’s fees are quite competitive.
Apart from small fees for regulatory requirements (for listed stocks) and custody (for ADRs), Webull doesn't charge any trading fees. That means there are no commissions or contract fees, regardless of what you’re trading.
Webull also doesn’t have any account minimums, inactivity fees, or first deposit limits for new accounts.
Is Webull a Good Broker for Penny Stocks?
Webull is a strong option for penny stock trading for several reasons. If you don't need access to sub-$1 Pink Sheets, there’s a lot to like about Webull.
Here are some of the features we appreciate.
User-Friendly Interface: The platform is designed to make trading straightforward, especially for beginners. Its simple navigation and clear instructions help users quickly understand how to use its features.
Free Real-Time Data: Webull provides real-time market data for all stocks, including OTC listings, helping traders make informed decisions based on the latest market trends at no extra cost.
Large Library of Learning Content: The platform includes a comprehensive library of articles, videos, and tutorials, which can help users improve their trading knowledge and strategies while staying updated on market news.
Customizable Trading Interface: Webull’s desktop platform allows users to customize their workspace, ensuring that it fits their personal preferences for a more efficient and comfortable trading experience.
Full-Featured Trading App: The mobile app offers all the essential features for trading on the go. It allows users to trade, access advanced charts, monitor portfolios, and receive real-time alerts from anywhere.
Risks and Considerations
Trading penny stocks and OTC securities involves significant risks due to their volatility and lower liquidity. It’s essential to do thorough research before making any investment decisions.
Penny stocks can be very volatile, leading to potential significant losses. It’s crucial to research the financial health and business model of companies you’re considering for investment before committing to trades.
Moomoo as Alternative
As an alternative, you
can try Moomoo that provides access to 12,000 penny stocks, pink sheets, and OTC BB stocks with $0 commission
(learn more).
Open Moomoo Account
Visit Moomoo Website
Updated on 1/23/2026.
I work in investment analytics and have been investing in the market since I was in high school. I enjoy anything that involves lots of strategy (i.e. a good game of chess), which is why I was naturally drawn to investing and researching companies. Outside of investing, I’m a big fan of the outdoors. In summer, you’re most likely to find me kayaking, camping, and hiking in the mountains.
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