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TagsWhat are the fees for trading OTC stocks on Webull?
Jenny Mae SaysonDec 17, 2021 · 3 years ago1 answersCan you please provide detailed information about the fees associated with trading OTC stocks on the Webull platform? I am particularly interested in understanding the costs involved in trading these stocks and any additional charges or commissions that may apply. It would be great if you could also explain any specific requirements or restrictions that Webull has for OTC stock trading.
1 answers
- When it comes to trading OTC stocks on Webull, you'll be pleased to know that there are no commission fees involved. That's right, you can trade OTC stocks without worrying about any additional charges eating into your profits. However, it's important to note that there may be regulatory fees associated with OTC stock trading, which are imposed by FINRA and the SEC. These fees are typically quite small and are passed on to the trader. Additionally, Webull may charge a small fee for trading OTC stocks on certain exchanges. It's always a good idea to review the fee schedule on the Webull platform to ensure you have a clear understanding of the costs involved before placing any trades. Overall, Webull provides a cost-effective option for trading OTC stocks.Dec 17, 2021 · 3 years ago
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