: Robinhood and the SEC generally define a penny stock as any security trading under $5 per share .
: Most penny stocks that trade exclusively Over-the-Counter (OTC) or on the "Pink Sheets" are not supported for new purchases on the platform. can i buy penny stocks on robinhood
: If your account balance is below $25,000 , you are restricted by the Pattern Day Trader (PDT) rule to no more than three day trades in a rolling five-business-day window. can you invest in penny stocks on robinhood - Bitget : Robinhood and the SEC generally define a