Foreign investments in Fidelity caution

I’ve been playing that penny stock graphene game and been buying and selling Directa Plus. DTPKF


I will get to it. If you buy 1000 shares today, there is a $50 investment fee.

But sometimes that order didn’t get fully filled and you only bought 100 partial out of the 1000. The order is still open. And hopefully if you did a “good for the day”order, you will not be charged $50 every time the order fills your 1000….for today.

However, beware, if you bought 1000 and only 100 were filled today. The order is still open and tomorrow you might be charged the $50 if you get 100 shares again tomorrow. Same thing for the next day a $50 fee for 100 if these keep partially filling. Good till cancelled orders could theoretically cost you 250 for the week @ $50 every day.

Ideally, you want to buy the 1000 at one time at your limit, but that doesn’t happen sometimes just letting you know.


Same goes for selling foreign investment fee shares.





I am not sure how it works for any other app.