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Over-the-counter penny stocks are risky but rewarding. If you are looking for an alternative investment, they are perfect. Even if you are not looking for something alternative, it can be a good transition to other markets.

What are OTC Penny Stocks?

OTC stands for Over the Counter. These “over-the-counter” shares are generally much cheaper to obtain. And they are called OTC because it is much easier for a business to list on this exchange. Compared to NYSE or NASDAQ, the OTC market is very easy to list your business.

In fact, sometimes you have to be careful. As an investor, you may come across OTC stocks that are not legitimate. But these are more common in the pink market than the other two.

There are three levels of the over-the-counter market.

The first, and the easiest for a business to register, is the Pink Market.

The second is the OTCQB. This is where companies should start producing documents. And proof of history and success.

The higher level groups together companies that have met more stringent requirements. This is the OTCQX market.

Penny stocks are, by definition, stocks that trade for $ 5 or less. Penny stocks, if chosen correctly, are known to make people a lot of money.

It is important to diversify your portfolio. And make sure you don’t invest more than you’re prepared to lose.

How To Find OTC Penny Stocks

The most obvious way to find over the counter penny stocks is to look at the stock symbol. Most of the time, the market will be quoted before the symbol. It will say “OTC:…” then it will display the share symbol. Sometimes it will say “OTCMKTS” which is simply the abbreviation for “OTC Markets”.

You may also see “OTCQB” or “OTCQX”. And that specifies at what level the company is on the OTC market platform.

If you want to go out and look for OTC penny stocks, it is best to go to the OTC website. You will have access to all counter stocks.

They even have a tool that you can use to filter out the specific results you want. Also known as the stock filter.

How To Buy OTC Penny Stocks

What if you want to invest in OTC penny stocks and have never used a stock broker before? It’s time to cheer up. Robinhood does not currently allow OTC trading.

And besides going through a broker, there is probably no other great way to trade penny stocks over-the-counter. Unless you become a broker yourself.

But getting a broker is not a bad thing. Many companies like TD Ameritrade, Fidelity and Merrill offer these services.

Research each of the companies. Determine which one is right for you. Create an account and start trading!

Below I have described for you some OTC penny stocks.

Best OTC Penny Stocks

  1. KYN Capital Group Inc. (OTC: KYNC)
  2. Exxe Group Inc. (OTC: AXXA)
  3. Northwest Biotherapeutics Inc. (OTC: NWBO)
  4. Reliance Global Group Inc. (Nasdaq: RELI)

OTC Penny Stocks to buy

KYN Capital Group Inc.

KYN and BW Property Management will soon become one company.

It was founded in 1997 and is a portfolio of many different products and services. They work in many different industries including blockchain, real estate, and events.

BW Property Management operates primarily as a business providing home services through technology. When these two elements come together, KYN should become profitable for the first time.

Along with this major acquisition, this over-the-counter penny stock has also brought in new leaders in 2021. New CEO Rick Wilson appears to be helping the company a lot. And he has experience building and selling products to Fortune 500 companies.

They also took 2021 to hire a new senior advisor. Solomon Williams acts as Technical Director. And it was named by the Orlando Business Journal in the Top 40 Under 40.

This over-the-counter penny stock looks set to become something spectacular in the years to come.

Groupe Exxe inc.

Exxe is an over-the-counter penny stock that operates in many industries. It includes agribusiness, fintech, digital and diversified technologies and real estate. Exxe buys companies in difficulty. Then, it gives them a makeover by providing them with capital and great leadership.

The business has obviously been successful too. Exxe has acquired and created 28 different companies to date.

In three years, from 2018 to 2021, the company has grown from $ 18 million to $ 222 million. Plus, it has profit margins of over 24%.

Exxe Group is another over-the-counter penny stock that looks like a great business to dig into and maybe buy.

Northwest Biotherapeutics Inc.

Northwest is an over-the-counter penny stock that is still in the development stage. But, he specializes in creating therapies that harness the immune system and attack cancer.

In fact, the company is developing cancer vaccines. And they predict that they are more effective than the treatments. Northwest also has great leadership. Northwest is heavily involved in the biotechnology space. And there are also many personal successes.

Global Reliance Group Inc.

Reliance Global is a company that brings together companies in the insurance sector. This includes wholesale and retail insurance agencies. And the company works mainly in the United States

Reliance Global uses all the latest technology to create a better insurance experience. And he even started a website and a company called 5minueinsure.com.

Its portfolio includes a handful of companies, including Southwestern Montana Insurance Center, LLC. Plus, JP Kush and Associates and Nsure.

“The Last Word” and Other Opportunities for OTC Penny Stocks

While OTC penny stocks can be risky, there are winners to be found. And the chances of finding good ones are higher in the OTCQB. And especially the OTCQX.

But, if you are looking for something more speculative, you can also find some in the Pink Market.

Be careful and do your due diligence. Now invest!

About Vanessa Adelman

Vanessa Adelman graduated with an interdisciplinary degree. She specialized in entrepreneurship, painting, music and cinema. Shortly thereafter, she received a writing mentorship with Mark Morgan Ford. Then she got her AWAI verification. Now Vanessa is freelance in the direct financial response industry. She has been investing since 2016. In her spare time, she enjoys books on money and wealth. She enjoys being with her boyfriend, hunting, fishing and having outdoor adventures.

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