International Investing

Where is my US investing account held?
Your investing (brokerage) account is opened at our US brokerage and clearing services partner DriveWealth - a FINRA regulated brokerage firm. It is a licen...
Thu, 27 Sep, 2018 at 6:43 PM
How do fractional shares work?
One of the unique things about the US stock markets is that investors can own fractions of stocks. Unlike in countries like India. So you could own 0.05 of ...
Fri, 28 Sep, 2018 at 11:14 AM
Do I get voting rights on fractional stocks? And what about dividends?
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. Divide...
Fri, 28 Sep, 2018 at 11:23 AM
Who is the custodian of my account?
Stockal's US brokerage partner, DriveWealth, works with Axos Clearing and Citigroup, New York, for the custody of brokerage accounts.
Thu, 11 Mar, 2021 at 12:54 PM
What is the safety-net on my account? What if Stockal goes down?
Your international investing accounts are held by brokerage and clearing services providers. The custody of your account is managed by some of the largest b...
Mon, 1 Mar, 2021 at 4:54 PM
Who owns the stocks?
You own the stocks through your account with Stockal and DriveWealth.  DriveWealth manages the books and records and stocks are held in custody by ICBC Fin...
Fri, 28 Sep, 2018 at 11:37 AM
What are some potential 3rd-party costs that I can expect?
Miscellaneous Charges $20.00        Returned Checks $25.00        Check Stop Payments $20.00        Overnight Check Delivery $25.00        Returned W...
Fri, 8 May, 2020 at 8:36 PM