What is an OTC stock?
An Over The Counter ('OTC') stock is an instrument that is traded directly between counterparties without being listed on an exchange. Check out our guide on OTC stocks to get a comprehensive overview of how the over-the-counter market works.
How much will it cost?
OTC stocks can be traded from $3 per trade up to US$30k.
Why is there only a LIMIT order available when trading OTC?
OTC stocks can only be traded using a LIMIT order type and not Market or Stop orders. This is because you cannot own a fractional amount of an OTC stock.
Where can I view my OTC portfolio?
Your OTC stocks will be in your portfolio, alongside your other US stocks. When selecting the stock, you will have the ability to know if a stock is OTC as it will have an OTC symbol in the top right-hand corner of your screen.
