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Wells Fargo OTC Stocks (Penny Stocks) in 2026
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Penny and OTC Stocks at WellsTrade: Points to Remember
• You can trade over-the-counter (OTC) securities and penny stocks in a WellsTrade or Wells Fargo Advisors account.
• Penny and OTC securities trades are commission-free at WellsTrade but not at Wells Fargo Advisors.
• WellsTrade has an easy-to-use search tool to help you find penny stocks.
Overview of Penny Stocks and OTC Instruments at Wells Fargo
Penny stocks are typically stocks priced below a certain level, such as $1 or $5. On the other hand, over-the-counter (OTC) stocks are any stocks that trade on the OTC market, not on a major exchange like the New York Stock Exchange.
Both Wells Fargo Advisors and WellsTrade allow you to trade penny and OTC stocks. However, WellsTrade does not allow the purchase of OTC stocks priced under $1.00, although you can hold and sell those assets.
Finding OTC/Penny Stocks at WellsTrade
Finding penny stocks at WellsTrade is simple. Just log into the broker’s website, hover over the Research tab in the top menu, and select the link for screeners from the dropdown menu. On the next page, click on the stock screener (not the ETF screener).
Once the search tool is open, enter the maximum price you want in the last-price field, and you’ll get a list of results. We found thousands of penny stocks under $5. However, there’s no specific search filter for OTC stocks at WellsTrade.
Submitting an Order for a Penny or OTC Stock
At WellsTrade, buying penny stocks and OTC securities follows the same process as buying any other stock. Just enter the stock ticker and set your order parameters, such as duration and type. If you’re trading an OTC security, the order form will show ‘OTC’ as the exchange.
Cost of Trading Penny and OTC Stocks at Wells
WellsTrade does not charge commissions on trades of stocks or American Depository Receipts (ADRs), which are common in the OTC market. There are no extra charges on the buy side. On the sell side, you may have small exchange and regulatory fees, which are typical in the industry.
Wells Fargo Advisors works differently. As a full-service brokerage, trades in these accounts incur commissions, which are disclosed when you open the account.
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.
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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