r/AusFinance•
rtk42

How to buy US OTC stocks?

Investing

Posted May 7, 2019, 12:58 AM UTC

29
mepat1111•

Don't.

5
rtk42OP•

Speculating with a very small % of your holdings is fine.

1
hypercurrency•

I use NAB Trade.

3
rtk42OP•

Is it as simple as entering the otc ticker? Or is there a different process than usual.

1
rtk42OP•

Bump. Really keen to know..

2
Thongs_up•

Contact Interactive Brokers - They charge 1$ per trade !

Note that they expect a brokerage of $20 a month (so 10 buys and sells a month) or they deduct $20 from the account balance.

1
rtk42OP•

Is that the only pre req for australians?

1
Senegor•
0
financeboi1993•

Stake does not offer OTC stocks as far as I’m aware

3