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Is there any tax implication on transfer / remittance of funds into Stockal platform for making investment in foreign securities?

Transfer of funds into an external platform would not result in any profit/gain as it involves only transfer of funds to self. Further no transaction has been undertaken / executed resulting in any transfer of any asset. Any foreign remittance...

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What are the tax implications when investing in US stocks?

Below are the tax implications when investing in US stocks: Capital Gains NOT taxed in the U.S.Considered as “Investment in Unlisted Securities”Short-term is < 24 months (lower than 36 months in debt funds and US oriented funds)STCG – Slab Rates...

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What are the benefits of investing in Cash Management over bank deposits?

100% of the depositor’s money in Bank account is not safe if the Portfolio size is above 5 lakhs. Which is not the case with the liquid funds.  Learn: Where should you invest your cash.

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What is the ideal time frame for the investments?

This plan is ideally suited for 0 to 6 months of investments. However, you can stay invested as long they wish to.

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What is Cash Management plan?

Cash Management will help you to: Park your money until you decide what to do next with it or until you have to utilize it.Better than savings bank accounts. Suited for planned and unplanned needs.Better safety of money when compared to...

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What insurance or protection do I get for my account?

US brokerage ecosystem recommends that ever investor account should have insurance.  Stockal's brokerage partner, DriveWealth, is a member of the Securities Investor Protection Corporation (“SIPC”) which currently protects the securities and cash in your Account up to $500,000 of which...

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What is the safety-net on my account? What if Stockal goes down?

Your US investing accounts are held by brokerage and clearing services providers. The custody of your account is managed by some of the largest banks and clearing firms in the world. If Stockal goes down, your account will still be...

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How much will I be charged when investing in US stocks?

Below are the charges which will be charged: Account Opening and Maintenance Charges: 0Third Party Charges:Brokerage (on buy and sell trades) 0.50% of the trade value (minimum $1 per trade)One Time Account Setup: $5 (for processing of Form W-8BEN to...