Global Investing
What is the maximum amount that client can transfer to Investment Account?
If client is investing from India, under RBI's Liberalized Remittance Scheme (LRS) clients are allowed to invest up to $250,000 every year
What are Stacks?
Stacks are pre-configured baskets of stocks & ETFs that you can invest in with a single click. It aims to solve the challenge of “what to invest” with curated ready-made portfolios that are centred around an idea or a theme. Each stack is developed ...
Where are the U.S. bank details for adding funds into client investment account?
The details of the beneficiary U.S. bank to add funds are in the "Add funds" section in the platform. Kindly Log in to the platform and click on "Add Funds" for detailed instructions to add funds from client bank account
Is client investment account protected?
client's investing account is created with our U.S. brokerage partner Drive Wealth. Drive Wealth LLC, a member of the Securities Investor Protection Corporation (SIPC), will serve as the custodian for client's securities account. In the event that ...
How long does it take to open an account?
It takes only 30 min for account approval after KYC process completion
Where is your U.S. investing account held?
Your investing (brokerage) account is opened at Stockal's US brokerage and clearing services partner DriveWealth - a FINRA regulated brokerage firm. It is a licensed carrying and self-clearing broker offering brokerage services to global investors
What benefits will I get when I invest from IIFL Securities global investing platform?
Fractional Investing, through which a fraction of a share can be bought and Minimum investment amount is 0.01$ Zero Account opening fees Zero Account Maintenance Charges Zero Brokerage for 5 trades/ month Post that 0.01$ is the brokerage per share ...
What is the process to invest in Global Investing?
Login into IIFL markets App Click on Hamburger menu option Invest > Global Investing You will get redirected to Global Investing landing page You can either sign-up/ sign-in You will get redirected to Stockal’s global investing platform where you can ...
Should I be an IIFL customer to invest globally?
No, IIFL Securities is allowing both IIFL and non- IIFL customers to invest in global markets through global investing platform
Why invest in the US Market?
The US Market comprises the biggest tech giants such as Google, Netflix, Google, Microsoft, Facebook, Amazon, Tesla etc. This solidifies the portfolio of the customer, also prevents the risk of currency fluctuations with geographical diversification
What is Global Investing?
Global Investing is the platform through which investors can invest in US Equities and ETFs. IIFL Securities has partnered with Stockal based in New York with offices in Bangalore. With over 40 years of capital markets experience, the Stockal team ...