Yes, you can!
Under the RBI’s Liberalised Remittance Scheme (LRS), Indian investors can now invest up to $250,000 every year overseas. Indian retail investors can now diversify their portfolios while widening their investment horizon to gain massive returns from foreign equity markets.
We at Stockal, are relentlessly working on building a seamless platform to help investors invest in global markets. This is your chance to own a share of the brands that you use and love.
One of the many useful and interesting features that we provide on our platform is Fractional Investing. A fractional share refers to a unit of stock that is less than one full share.
For instance, in the U.S. several stocks are high-priced, especially the most popular ones. However, one of the unique things about the U.S. stock markets is that it lets investors own fractions of stocks.
Also, due to the purchasing power disparity (between the U.S. $ and the Indian INR) and the growth trends of the U.S. markets, purchasing one whole share can turn out to be expensive for a retail Indian investor.
As of 31st December 2021, a single Apple stock was valued at over $177, Google cost over $2897 and Amazon cost more than $3334. But with fractional stocks, one can effectively build a diversified portfolio with a small amount of money. Thus, fractional investing enables investors to own as little as 1/100th of their favorite and popular stocks!
With Fractional Investing, you can own fractions of a Google or Facebook share for as low as $1.
You’ve come to the perfect place if you’re an Indian who wants to invest in brands like Facebook, Google, Apple, etc. We’ve got you covered!
We are Stockal, one of India’s leading Global Investment Platforms helping retail investors to “globalize” wealth by investing in more mature and advanced global markets like the U.S. markets.
We have a 5-min easy KYC-led sign-up process and we promise you – there’s no minimum investment requirement.
Yes, you heard us right!
With our flexible subscription plans, you are free to invest as per your investment needs and can trust us to keep your investments safe, secure, and insured.
Stockal’s brokerage partner Drivewealth LLC, a member of the Securities Investor Protection Corporation (SIPC), will serve as the custodian for your securities account. In the event that DriveWealth LLC fails and is placed in liquidation under the Securities Investor Protection Act, securities in your brokerage account may be protected up to $500,000.
With Stockal, you get to choose from among 5500+ U.S. stocks and ETFs in a few clicks.
Visit our website by clicking on the link mentioned at the end of this answer and follow the below shared process to start investing. [1]
Step 1 – Create a username for yourself and enter the email ID that you would like to use when signing in to Stockal later.
Step 2 – You will be prompted to enter the OTP you will have already received on your registered email.
Step 3- Once the OTP has been verified, you will be required to fill in your personal details- name and contact number.
Step 4 – Post your email verification, upload a KYC document and here’s the best thing about our platform – it takes only about 15 mins for you to know whether your KYC documents have been approved or not.
Step 5 – Select a plan that is appropriate for you.
You can choose your plan based on the frequency and volume of transactions (stock transactions- buy/sell/hold) that you intend to make..
We have subscription plans that suit every type of investor & their investing needs.
Step 6- Once your account has been verified, you will be able to add funds to it.
Step 7- Invest your money in the stocks of your choice!
That’s all. It only takes less than 20 minutes to begin your journey into Global Markets. And you can invest as little as $1 to begin with.
Happy Investing!