Arski Posted February 16, 2021 Share Posted February 16, 2021 So I'm quite interested in microcaps for some time - even though a lot is overpriced at the moment - but could only find Interactive Brokers which would allow me as a foreigner to invest in the OTC market. The only issue is that I have to pay $10 a month for inactivity. Maybe someone has found another broker who would let me invest in OTC markets without paying for inactivity? Link to comment Share on other sites More sharing options...
ValueArb Posted February 16, 2021 Share Posted February 16, 2021 Sorry, I don't have a direct answer to your question, but.... I use IB, and even though I've been sloth like in my trading activities, going months or years without buying or selling anything, I've never seen that fee. But I have my IRAs there and they all have 6 figure balances. I'd see what the balance cutoff is for them to waive the inactivity fee. Link to comment Share on other sites More sharing options...
ValueArb Posted February 16, 2021 Share Posted February 16, 2021 BTW: I just realized IB has a "IB Lite" level that doesn't charge for inactivity. Not sure if its available in Europe but you can try that. Link to comment Share on other sites More sharing options...
rb Posted February 16, 2021 Share Posted February 16, 2021 The balance cutoff for IB to waive the fee is $100,000 USD. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now