Help CenterTrading in US MarketsOver-The-Counter (OTC) SecuritiesWhat are the requirements for low priced securities?
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What are the requirements for low priced securities?


Fractional share trading is unavailable for OTC transactions, meaning the minimum number of shares you can purchase in an OTC security is one share. Webull generally does not support opening positions in penny stocks. To learn more about low priced securities restrictions, please see the chart below:


Last Price
Minimum Purchase Quantity
Price < $0.01
Cannot open position
$0.01 ≤ Price < $0.099
1,000
$0.1 ≤ Price < $0.999
100
Price ≥ $0.999
1
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