Buying Otc Stocks On Etrade -

Because many OTC stocks trade for less than $5.00 per share, E*TRADE classifies them as penny stocks. You must read and acknowledge a risk disclosure in your account settings to unlock permission to trade them. 2. Fund Your Account and Wait for Settlement

E*TRADE charges a flat fee of $6.95 per OTC stock trade. buying otc stocks on etrade

While E*TRADE offers $0 commissions for online US-listed stock, ETF, and options trades, OTC transactions carry a different fee structure. Because many OTC stocks trade for less than $5