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Wall St over the counter (OTC) stocks

Over-the-counter (OTC) stocks are securities that aren’t listed on major exchanges like the New York Stock Exchange (NYSE) or Nasdaq. Hundreds of OTC stocks are available on Stake Wall St.

Learn more about OTC stocks here.

How much does it cost to invest in OTCs?

Brokerage and regulatory fees for OTC stocks on Stake are the same as for other U.S. securities. Our brokerage fee is US$3 on trades up to US$30,000, or 0.01% on any amount above that.

Where can I view my OTC portfolio?

Your OTC holdings appear in your U.S. portfolio, alongside your other stocks. They’re marked with an ‘OTC’ tag on the order screen when you’re buying or selling.

Why can I not place my OTC sell order?

You can only trade OTC stocks using a limit order. Market and stop orders aren’t supported because OTC stocks can’t be bought or sold fractionally. You also must use an end of day expiry.

Things to consider

OTC stocks often have lower liquidity, which can make it harder to enter or exit a position at a specific price. This also tends to increase price volatility.

Some companies that don’t meet the requirements to list on a major exchange may still trade on OTC markets. While these securities can still be regulated by the U.S. Securities and Exchange Commission (SEC), they generally carry more risk.


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