Lately I’ve noticed that certain penny stocks are now being hit with a trading fee and re-classified as OTC trades. The fees are 6.50 a trade and this also affects cryptos such as GBTC and ETHE. They used to be listed as funds on the summary which has been discontinued. Is this becoming common practice or are other discount brokers still charging zero fees on these trades. Thanks
This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.