TAKE YOUR PORTFOLIO GLOBAL

Invest directly in US Stock Markets

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Invest in 5500+ Global Companies

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Protected Accounts

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Invest in Pre-Build Portfolios – STACKS*

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Easy Fund Transfers

*Limited Access for Basic Plan and Full Access Stacks for Premium Plan

WHY INVEST IN US MARKETS?

Diversify Your Portfolio

Diversification helps reduce overall risk of concentration and protect from market volatility. Broaden your investment horizon with the World’s Biggest Stock Exchange in terms of Market Capitalization.

Grow with World Leading Innovators

Newer, better and more innovative companies keep emerging on the US soil. You can take part in their growth journey by investing wisely. Stay ahead of the curve by having direct access to US Equities. From Apple to Google to Tesla to McDonalds; Don’t just buy their products, buy their Shares too.

Currency Exposure

The US dollar is one of the strongest currencies in the world that rarely fluctuates in value. Investing in US dollars is a good way to create long term wealth. Diversification and long term positioning will keep investors in the green and help them benefit from rupee depreciation.

Truly a Global Market

Companies from across the globe are listed in the US. Get access to companies from UK, China, Canada and Germany etc.

WHY INVEST WITH US?

SIMPLICITY

  • Simple, Seamless and a Fully Digital onboarding process to get you Investment ready in no time.
  • No Minimum Investment amounts. Start building a Global Portfolio with your desired amounts.
  • Find a stock too expensive? Invest smaller amounts to buy Fractions with Fractional Investing.

SECURITY

  • Brokerage Account Protected under SIPC for upto $500000*
  • Platform secured with robust technology.

SMARTNESS

  •  AI-Enabled platform with world class research and analysis, portfolio tracking and stock advice.
  • STACKS – Curated & Pre-Build Thematic basket portfolios by celebrated asset managers. Invest as little as $1000 with Single Click Invest/Redeem.
  • Fractional Investing – Invest as low as $1 in your desired companies shares regardless of its share price.

SUPPORT

  • Dedicated 24*7 Support by our team of experts.
  • Simple and Streamlines process for US Dollars fund transfer and withdrawl.
  • Completely digitized LRS process with Online and Offline modes of remittance.
  • Help with W8-BEN tax form making compliance easy for you.

GET STARTED

Register your Account

Fill in your basic details and validate using OTP sent to your registered mobile number.

Subscribe to a suitable Plan

Browse and subscribe to a plan of your choice and proceed to make payment.

Complete KYC Detail

Fill up your KYC details, PAN details etc. and submit address and ID proofs.

Add Funds

Fund your global investing account in USD from multiple banks.

OUR PLANS

Basic

Rs. 0

Annual Subscription Fees
  • 0.5% per trade *
  • Rs. 0 Account Opening Fees
  • Unlimited Investing Power
  • Email Support
  • 24*7 Support
  • Limited Stacks Access
* minimum of $0.02 per share
Premium

Rs. 5000

Annual Subscription Fees
  • 0.25% per trade *
  • Rs. 0 Account Opening Fees
  • Unlimited Investing Power
  • Email Support
  • 24*7 Support
  • Full Stacks Access
* minimum of $0.01 per share

FAQs

Have some Unanswered questions?
How long does it take to open my account?

It takes about 10 minutes to fill in all your details and another 15 minutes to get your account trade ready.

How much can I invest in US stocks from India?

Currently, you can invest up to USD 250,000 every year in foreign stocks from India. This amount can change, subject to RBI guidelines. So your investments in US securities are also governed by the same limit.

Foreign investments fall under clearly defined RBI guidelines. The remittance of money for foreign investments comes under the Liberalized Remittance Scheme (LRS). Under LRS an Individual can remit up to USD 250,000 per financial year to invest in foreign equities done through an authorized dealer (commonly, your bank). As per the RBI policy, having a PAN card is required to purchase shares in foreign countries. You can find more information on the LRS scheme on the RBI website here.

Disclaimer: This article is for informational purposes only. None of the contents of this article should be treated as tax advice. Please consult a qualified tax consultant or expert with your specific taxation situation for appropriate advice.

What is the platform used by my account for US investing?

This platform to invest in international securities is provided to you in partnership with Borderless Investing Inc.

Who owns the stocks?

You own the stocks through your account with Stockal and DriveWealth.

Who is the custodian of my account?

Stockal’s US brokerage partner, DriveWealth, works with Axos Clearing and Citigroup, New York, for the custody of brokerage accounts.

What insurance or protection do I get for my account?

Your investing account is insured. DriveWealth LLC, a member of the Securities Investor Protection Corporation (SIPC), will serve as the custodian for your securities account.  In the event that DriveWealth LLC fails and is placed in liquidation under the Securities Investor Protection Act, securities in your brokerage account may be protected up to $500,000.  For details, please see www.sipc.org

Where is my US investing account held?

Your investing (brokerage) account is opened at Stockal.s US brokerage and clearing services partner DriveWealth – a FINRA regulated brokerage firm. It is a licensed carrying and self-clearing broker offering brokerage services to global investors.

The custody of your account, in turn, would be held by one of the custodian partners of DriveWealth. If you need more information regarding the custody of your account, you can reach our support team for the resolution of any additional doubts.

Is there a minimum amount that I need to invest?

No. Unlike most traditional investing platforms, we place no restrictions on user accounts. There is no account minimum at Stockal.

That said, in order to see benefits of investing accrue to you, we recommend that you invest at least $100 to start off.

How do I fund my account?

To add funds to your account, you need to click on the “Add funds” button available on Stockal’s dashboard. Enter the amount you want to send to your brokerage account. A pre-filled LRS form (more on LRS separately) will be presented to you. Verify the information and refer to the following procedural details depending on your residential country:

From India: If you are an Indian Resident, you will be remitting money under RBI’s Liberalised Remittance Scheme (LRS). Currently, ICICI, IDFC, and HDFC Bank account holders can complete the LRS process online by signing into our platform and following the steps mentioned for fund transfer.

For other banks, select the offline option to download and print A2 form and schedule a pick-up for the documents via our delivery partners.

From international locations: If you are remitting money in your Stockal account from any location outside India, you will be able to directly transfer the money from your bank account as a wire transaction. Please download the beneficiary account instructions after clicking on the “Add Funds” button.

How do I withdraw my funds?

All you need to do is click the “Withdraw” button on your Portfolio page or inside “My Account”.

You will be shown how much money is available for you to withdraw. This is the “cash” in your account – either uninvested money or generated from sales of securities you, previously, owned. You can place a withdrawal request and the money will be wired to your domestic bank account. It takes 4-5 business days for the money to hit your account. Any request above $10,000 requires an additional email approval.

There is a $10 fee associated with withdrawals, charged by the US bank, so the cash balance in your account should be at least $10 at the time of placing the withdrawal request.

How do fractional shares work?
One of the unique things about the US stock markets is that investors can own fractions of stocks unlike markets of countries like India. For example, you could own 0.05 of Apple stock. Our brokerage partner DriveWealth allows you to own as low as 0.0001 shares of any stock.

This is an advantage for 2 main reasons:
You don’t have to think in terms of “how many shares should I buy?”. You can simply decide to invest a certain amount of money and the number of units to be allocated to you gets automatically calculated and would get credited to your account. For instance, if a stock is valued at $27 and you decide to invest $100 in it, you will get 3.70 shares.

Many popular US stocks are more expensive than typical Indian stocks. While a single Apple stock is valued at over $200 as of this writing, Google costs over $1,000 and Amazon costs more than $2,000. Pepsi, Nike, Coke – all between $100 and $200 as of the writing date. Hence, with fractional stocks, you could effectively build a pretty diversified portfolio with small amounts of money.

Disclaimer: Stock prices mentioned here are for representational purposes only and are not to be considered investment advice

What are Stacks? Fees & Pricing for Stacks

Stacks are pre-configured baskets of stocks & ETFs that you can invest in with a single click. Stockal aims to solve the challenge of “what to invest” with curated ready-made portfolios that are centered around an idea or a theme. Each stack is developed by leading financial experts to match different investment strategies, risk-tolerance, and investing goals.

Each STACK has an “AUM Fee” which is computed as a percentage of the investment amount. The AUM fee can range from 1% to 5% of the investment amount – and is charged on a periodic basis (quarterly or annually). The AUM fee for a particular STACK is available on the individual STACK detail page.

Can I nominate my family member?

Yes, the account holder can fill out the Transfer of Death Certificate which is available once they contact the support team.

Can I claim the fees and brokerage paid as a deduction for computing my capital gains tax in India?

Yes, any cost incurred on account of sale or transfer of asset is allowable as a deduction while computing the Capital Gains. However, it is pertinent to note that AUM charges and annual subscription charges incurred cannot be claimed as deduction as they are related to holding of capital asset and not in relation to transfer of capital asset.

Disclaimer: This article is for informational purposes only. None of the contents of this article should be treated as advice.

Do I need to pay tax on foreign dividend both in US and India? Can I claim credit for the taxes paid on such dividend in India?

Yes, tax needs to be paid on Foreign dividend both in US and India.

However, an Indian Resident individual can claim Tax credit of taxes paid in US by virtue of Double Taxation Avoidance Agreement (DTAA) entered into between India and US by filing a return of income in India.

Maximum credit that can be availed is the amount of tax that should have been paid in India on the transaction if there is no DTAA.

Disclaimer: This article is for informational purposes only. None of the contents of this article should be treated as advice.

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