Can I invest in IPOs on your platform?
No, we do not enable international investors to invest in U.S. IPOs due to regulatory restrictions. However, you can invest in the stock once it is listed and starts trading on the U.S. market.
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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 ...
Which stock markets are available on the platform?
Currently, Stockal helps you invest in US stock markets which areNYSEandNASDAQ. In the near future, we will have multiple other markets available - Germany, Japan, India, UK, and Hong Kong. Over time, we will make investing totally ubiquitous - if ...
How many securities are available on Stockal?
Stockal offers over 5,500 stocks and ETFs (Exchange Traded Funds) listed on NASDAQ and NYSE - as of now. Our platform includes almost all the marquee listed companies in the US with billion-dollar market caps.
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 ...
Where can I find my W8-Ben form?
W-8 Ben form will be provided by the broker partner. The same can be requested by sending an email to our customer support ID. The W-8 Ben form allows tax exemptions and categorizes you to be taxed appropriately as a foreigner in the U.S. However, if ...