OTC stocks
Choose from a range of over-the-counter (OTC) securities to invest in commission-free.
When you invest, your capital is at risk. Other charges apply. See our full pricing table.
What is an OTC stock?
Over-the-counter (OTC) securities are stocks and other assets like commodities and currencies that aren’t listed on a major exchange in the US, like the NYSE or NASDAQ. Instead, they’re traded through a broker-dealer network.
Companies tend to trade OTC if they don’t meet the requirements to be listed on a formal exchange. They may not have a high enough volume of shares available, their shares may not trade above a minimum price, or they may not want to pay the listing fees of major exchanges.
All the OTC stocks on Freetrade are American Depository Receipts (ADRs), which are tradable assets that mirror shares in companies issued outside of the US. ADRs on Freetrade represent large, international companies. So they have higher liquidity and are often less volatile than other types of OTC stocks.
Why invest with
Freetrade?
Capital at risk.
Other charges apply.
Commission-free investing
Over 1.4 million registered users
Over 6,200 stocks and ETFs
Why invest with
Freetrade?
Comission-free investing
Over 1.4 million users
Over 6,000 stocks and ETFs
Capital at risk. Other charges apply.
What to consider when investing in OTCs
Liquidity
OTC stocks may be less liquid due to lower trade volumes from day to day. This can result in buy or sell orders being rejected.
Volatility
OTC stocks are prone to greater price fluctuation and can make volatile moves based on the release of market and economic data.
Transparency
There tends to be less publicly available information on companies that trade OTC as a result of fewer regulatory requirements.
Risk
OTC stocks are considered speculative in nature. Unlike listed stocks, they generally don’t need to meet minimum listing standards.
Simple pricing plans
Choose how you'd like to pay:
Annually
Save 17%
Monthly
Annually
Save 17%
Monthly
Accounts
Benefits
- Commission-free trades (other charges may apply. See full pricing table.)
- Trade USD & EUR stocks at the exchange rate + a 0.99% FX fee
- Fractional US Shares
- Access to more than 4,700 stocks, including the most popular shares and ETFs
- 1% AER on up to £1,000 uninvested cash
£59.88 billed annually
Billed monthly
Accounts
Benefits
Everything in Basic, plus:
- Full range of over 6,200 US, UK and EU stocks and ETFs
- Trade USD & EUR stocks at the exchange rate + a 0.59% FX fee
- Automated order types, including recurring orders
- Advanced stock fundamentals
- 3% AER on up to £2,000 uninvested cash
£119.88 billed annually
Billed monthly
Accounts
Benefits
Everything in Standard, plus:
- Trade USD & EUR stocks at the exchange rate + a 0.39% FX fee
- Priority customer service
- Freetrade Web beta
- 5% AER on up to £3,000 uninvested cash