DriveWealth's Product List
DriveWealth Approved Security Listing Criteria
DriveWealth seeks to make available as wide an array as possible of individual stocks and ETFs to enable investors of all types to implement their personal investment strategies. To mitigate risk to itself and its customers, DriveWealth offers only securities that meet the following criteria:
- US exchange listed (OTC securities are not available)
- Market capitalization greater than $ 1 billion
- If market capitalization is below $1 billion, then 3 month average daily dollar volume must be greater than $0.5 million
- Exchange listed sponsored ADRs (American Depositary Receipts)
- Non-leveraged ETFs
Certain exceptions may be made, for example in the case of newly issued ETFs which have yet to meet the required market capitalization or daily trading volume levels.
DriveWealth does not currently approve trading in penny stocks, options, fixed income, or mutual funds (except money market funds).