Table of Contents
Is Stockal safe to invest in?
To answer the question at large: yes, it is safe to invest in the Indian stock markets; however, as with all investments, one must research and plan accordingly. Without proper research and planning, investors tend to make unwise decisions that eventually lead to losses.
Which app is best for US stock market?
Webull: Best Stock Trading App for Beginners.
Can I buy US stocks from Upstox?
You can invest in US stocks either through domestic brokers like Motilal Oswal, foreign brokers or through investment platforms like Groww, Upstox etc. Very soon, NSE will offer investors to trade in 50 US stocks through GIFT city, an international financial services centre (IFSC).
What are the charges of Stockal?
Brokerage (on buy and sell trades) 0.50\% of the trade value (minimum $1 per trade)
How do I withdraw money from Stockal?
You can withdraw funds that are available as cash balance. Just click “Withdraw”, enter your receiving bank details, and you’re done.
Is Upstox owned by Tata?
Yes. Upstox is an online discount stock broker backed by funding from Mr. Ratan Tata. He held 1.33\% stake in the company As of Jan 2020.
How do I open a Stockal account?
Investors need to fill the Account Opening Form on the platform. They will be required to upload their address and ID proofs during this process. It takes 2-3 business days for the account to get approved by the U.S. brokerage partner, DriveWealth.
Is stockal a good platform to invest in US stocks?
Currently, Stockal only allows users in India to invest in the US stock market. It is, therefore, best suited for domestic investors there who are looking for a platform that offers low-cost investments into US stocks.
Does stockal have a mobile app?
* Stockal Mobile. Stockal also plans to roll out a mobile app on both iOS and Android in the future. Tools & Research: You can receive market updates through Stockal’s blog and by subscribing to their email list. Customer support: Stockal offers live chat support alongside telephone and email support.
Which is the best app for trading in stock market?
Upstox is the best currently with good ratings, safe platform with good backing by top investors, low brokerage and quick customer service. Its the perfect app one would want for trading having all the desired features and good charts and graphs for hassle free decision making.
Can I invest in US stocks on stockal from India?
Currently, Stockal only allows users in India to invest in the US stock market. It is, therefore, best suited for domestic investors there who are looking for a platform that offers low-cost investments into US stocks. Stockal currently has other markets in its product pipeline including Indonesia, Malaysia, Africa and countries in the Middle East.