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Posted On: 09/29/2021 10:12:39 AM
Post# of 148898
Nope, wasn't me lol. I'm tapped out until my house sells and the deal closes. But I agree with you 100%. They nickel and dime retail investors and those nickels and dimes add up to multiple millions for them.
In terms of OTC free commissions, do you know a broker that offers them? Listed tickers are commission-free on most platforms, but most still charge for OTCs. Always negotiate though, especially if you're an active trader and/or your account is large enough. TDA charges $6.95 for OTC trades, but over the last couple years I've negotiated that down to $4.95, then $3.95, to where I am currently at $2.95. Doubt they'll go much lower than that, at least in my case. All it takes is a phone call and the worst thing that can happen is that they say no.
In terms of OTC free commissions, do you know a broker that offers them? Listed tickers are commission-free on most platforms, but most still charge for OTCs. Always negotiate though, especially if you're an active trader and/or your account is large enough. TDA charges $6.95 for OTC trades, but over the last couple years I've negotiated that down to $4.95, then $3.95, to where I am currently at $2.95. Doubt they'll go much lower than that, at least in my case. All it takes is a phone call and the worst thing that can happen is that they say no.
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