For Residents other than an Indian Company: Dividend received from foreign listed securities is taxable in India under the head Income from Other Sources. The dividend will be subject to tax at normal slab rates prescribed for the individual.

No, the tax incidence is on the event of transfer of securities by the Client on Stockal platform. The remittance of any funds lying outside India has no connection with the tax incidence.

Dividends, yes! If a hundred dollar dividend per share is announced, you will get $3,450. The only limitation is that you cannot get fractional money. if you own 0.0001 stock and the dividend announced is $5 per stock, you will...

You don't get voting rights on fractions of stock you own. So if you own 34.5 stocks of a company, your voting rights will be for 34 shares.

One of the unique things about the US stock markets is that investors can own fractions of stocks. DriveWealth allows you to own as low as 0.0001 shares of any stock. With fractional stocks you could effectively build a diversified...

You own the stocks through your account with Stockal and DriveWealth.  DriveWealth manages the books and records and stocks are held in custody by Citibank.

The custody of your account is managed by some of the largest banks and clearing firms in the world. One of which is Citibank. If DriveWealth goes down, your account will still be safe and secure with them and you...

Stockal's US brokerage partner, DriveWealth, works with Citigroup, New York, for the custody of brokerage accounts.