Can NRIs invest in US stocks?
Yes, Scripbox allows NRIs to invest in U.S. stocks via Stockal. They can add funds from their foreign bank account, which does not fall under LRS, directly remit funds from their bank account online and can also transfer money from...
How soon can I start investing in US stocks?
You can start investing as soon as you have money in your US investing account. Once your US investing account gets approved. you can make a transfer from your domestic bank account. Then it takes 2-3 business days for the...
How much time does it take to create US investing account?
It takes just 5 minutes to upload your address and ID proofs. Then it takes 2-3 business days for your account to get approved by our brokerage partner, DriveWealth, in the US. They do the KYC documentation and filing within...
Where is my US investing account held?
DriveWealth - a FINRA regulated brokerage firm. It is a licensed carrying and self-clearing broker offering brokerage services to global investors. DriveWealth is backed by Softbank Group and other leading venture capital firms in the financial services ecosystem.
How can I invest in US Stocks?
Click here to create a US investing account on Scripbox powered by Stockal. Your U.S. investing (brokerage) account, in turn, automatically gets created with DriveWealth–Stockal’s US partner–for clearing and brokerage services.
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What is Stockal?
Scripbox has partnered with Stockal, an online platform to invest in the US market with a high-tech security facility.
Will I get the same day NAV if I switch?
If you manage to place your switch instruction before 12:45 PM on working day: Switch Out from equity funds: Same day NAV’s will be allotedSwitch In to liquid funds: It usually takes around 3 working days for the liquid funds...
What is the minimum amount for the switch to take place?
The minimum switch amount is Rs.5,000.
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