OTC Securities Investing
What are OTC securities and why are they mentioned differently?
OTC securities are over-the-counter (OTC) securities that are traded through a network of broker-dealers (as opposed to a centralized exchange such as NYSE or NASDAQ). OTC stocks typically cover foreign companies, ADRs, and some smaller companies ...
What is the commission to invest in OTC stocks and is it applicable to B2B and Global Customers?
Yes, there is a commission for all users and it is .10/share to a max of 1% of the order, and for Premium users, it is .05/share to a max of 1% of the order.
How is commission calculated in the case of Limit and Stop Orders?
Once an order is fulfilled, the calculation of commission is the same as any other type of order.
Are OTC securities available to all users?
OTC securities are available to both premium and basic subscribers of Vested who have an All Access Account.
Are there any additional risks?
There might be additional risks associated with OTC securities such as, because OTC securities may be more illiquid than exchange-listed securities, there may be greater volatility in trading these products, and thus more risk of price swings and ...
Can I make fractional investments in OTC stocks as well?
Yes
How can I identify if a stock is an OTC security or not?
The ticker symbol will usually have five (5) instead of four (4) letters
Why am I unable to add OTC securities to my DIY Vest?
OTC stocks volatility and low volume make them unsuitable to be used in that kind of investing instrument.
Can I trade OTC securities during extended hours?
Yes, Investors may trade in the Pre-Market (4:00-9:30 a.m. EST) and the After Hours Market (4:00-8:00 p.m. EST).
Where can I find the entire list of OTC securities available on Vested?
See below for a complete list of OTC securities available through the Vested platform: Name Symbol OTC Market Adidas Ag-Sponsored ADR ADDYY PNK Akzo Nobel Nv-Spon ADR AKZOY PNK Anglo American Plc-Spons ADR NGLOY PNK Axa -Spons ADR AXAHY PNK Basf ...
How is commission calculated in the case of Limit and Stop orders?
Once an order is fulfilled, the calculation of commission is the same as any other type of order.