E*TRADE charges a flat fee of $6.95 per OTC stock trade.
Over-the-counter (OTC) stocks are securities that are not listed on major centralized exchanges like the New York Stock Exchange (NYSE) or the Nasdaq. buying otc stocks on etrade
The difference between what a buyer is willing to pay and what a seller is asking can be vast, instantly putting a trade at a paper loss upon execution. E*TRADE charges a flat fee of $6