Whether you are a beginner to start your investment journey or a pro, we help you with a roadmap to your financial security through smart ways of investment. From well-established industries to booming start-ups, experience effortless investing by diversifying your investment portfolio.

Why invest in

global markets with us

Smooth On-Boarding

Our on-boarding process is seamless with robust digital platform and is as simple as opening an Indian account.

AI-Enabled Platform

Fueled by Artificial Intelligence, our platform enables automated research functioning, portfolio tracking and personalized stock advice.

Compliance Made Easy

To ensure easy compliance and streamline tax procedures, we have digitized the LRS procedures and provided W8-BEN tax forms.

No Account Minimums

You can build a smart investment portfolio with small amounts of money as we do not have any minimum investment requirements.

Invest In Fractional Stocks

You can invest in fractional stocks to create a diversified investment portfolio based on how much you want to invest. Simply, buy ETFs to invest in themes that are leading the world.

Higher Security & Support

We promise you a high level of security by protecting your investments against losses of securities. We ensure end-to-end support inclusive of LRS and Forex support.

Global Exposure
to invest in
Leading Companies

Primary Reasons why people invest in the U.S. Market

Diversifying your investments helps protect them during market volatility. The U.S. Stock Markets help you broaden the horizon, reduce the overall risk and lead to better outcomes in the long run.. The sharp plunge in stock market prices states that putting all your eggs in one basket can be risky. What better than spreading your money around on different investment platforms.

Once we've verified your KYC details, you can add funds into your account and


Start Investing Globally

We’ve made investing in global markets (almost) as straightforward as investing locally by giving you access to the right global investing infrastructure that is compliant to regulation in India as well as in the US. Overseas investments were never this simple.

Full Name
Mobile Number
Rm Code
Please enter the OTP to verify your number


Instituted by the RBI, the Liberalised Remittance Scheme or LRS is a set of policies that stipulates the maximum amount and purposes of remittance

Under the LRS, an individual can annually invest up to USD $250,000 in any country, without seeking approval from the RBI. To monitor the remittance of individuals, remitters are required to fill out and submit Form A2, which is provided by RBI-appointed Authorized Dealers

The form captures the remittance amount, the purpose and the individual’s PAN number. Once the form is received, the Authorized Dealer will verify the information and process the remittance. The authorized dealer in this case, is the bank which has been chosen for remittance

Any one of the following documents for a combination of Picture id proof + Proof of address

Picture ID proof:

  • Government issued Photo ID (voter id, PAN card)
  • Valid driver’s license
  • Passport
  • Voters registration card and photo

Proof of address:

  • Utility bill
  • Mobile phone bill, Bank or credit card statement

Else, any one of the below documents would suffice

Picture ID proof of address:

  • Valid driver license with address
  • Government issued Photo ID with address (Aadhar card)

The following documents are needed

Form A2 along with a declaration form: As per FEMA, every time the money is sent abroad, this form is required to declare the sum amount that is to be transferred. Your bank will file this for you within the LRS filings. Stockal fills this for you automatically - all you are required to do is to make sure that the information filled is correct, download the filled-in form, sign and upload it back for your bank to file

Bank KYC documents: PAN card and your address proof.

It takes just 3-4 minutes to fill the account opening form on You will need to upload your address and ID proofs during this process.

It takes 2-3 business days for your account to get approved by our brokerage partner, DriveWealth, in the US. They do the KYC documentation and filing within this time frame.

Presently, you can invest up to USD 250,000 every year in foreign stocks from India. This amount can vary, subject to RBI guidelines. Therefore your investments in US securities are also governed by the same limit

Foreign investments comply with the clearly defined RBI guidelines. The remittance of money for foreign investments falls under the Liberalized Remittance Scheme (LRS).

Under LRS, upto USD $250,000, can be remitted by an individual in a financial year to invest in foreign equities through an authorized dealer (commonly, your bank). As per RBI policy, having a PAN card is mandatory to purchase shares in foreign countries

Disclaimer: This article is for informational purposes only. The contents of this article should not be treated as tax advice. Please consult a qualified tax consultant or expert with your specific taxation situation for appropriate advice

The stocks are owned by You through your account with Stockal and DriveWealth

The books and records are managed by DriveWealth while the stocks are held in custody by ICBC Financial Services, New York.

An Individual cannot remit more than USD 2,50,000 in one financial year under LRS scheme. However, a resident individual investor who is not permanently residing in India after having remitted their entire earnings and salary, wish to further remit other income over and above the limit of USD 2,50,000, may approach RBI with documents through their AD bank for approval.

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.

Just click on the "Add funds" button available in many places on Stockal. Enter the amount you want to send to your brokerage account.

A pre-filled LRS form (more on LRS later) will be presented to you. Verify the information and download the PDF of the form from the website. It's likely that Stockal already has a tie-up with your bank (we have tied-up with most domestic banks to get our clients good forex rates and to help with fund transfers)

Presently the account holders of ICICI, IDFC, and HDFC Banks can complete the LRS process online by signing into our platform and following the steps mentioned for fund transfer.

All you need to do is click the "Withdraw" button on your Portfolio page or inside "My Account"

You will be shown how much money is available for you to withdraw. This is the "cash" in your account - either un-invested money or generated from sales of securities you, previously, owned. You can place a withdrawal request and the money will be wired to your domestic bank account.

It takes 4-5 business days for the money to hit your account. Any request above $10,000 requires an additional email approval.

There is a $35 fee associated with withdrawals charged by the US, bank so the cash balance in your account should be at least $35 at the time of placing the withdrawal request.

Remittances under the facility can be consolidated in respect of close family members subject to the individual family members complying with the terms and conditions of the Scheme

However, clubbing is not permitted by other family members for capital account transactions such as opening a bank account/investment/purchase of property, if they are not the co-owners/co-partners of the investment/property/overseas bank account.

Further, a resident cannot gift to another resident, in foreign currency, for the credit of the latter’s foreign currency account held abroad under LRS

There are no restrictions on the frequency of remittances under LRS. However, the total amount of foreign exchange purchased from or remitted through, all sources in India during a financial year should be within the cumulative limit of USD 2,50,000

Once a remittance is made for an amount up to USD 2,50,000 during the financial year, a resident individual would not be eligible to make any further remittances under this scheme, even if the proceeds of the investments have been brought back into the country

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

You global investing accounts are held by brokerage and clearing services providers. The custody of your account is managed by some of the largest banks and clearing firms in the world. If Stockal goes down, your account will still be safe and secure with them and you will be able to access it and/or move it to another brokerage firm as you please.

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. For details, please see

Currently, Stockal works with HDFC Bank, Axis Bank, Yes Bank, Kotak Bank, IDFC First Bank and RBL Bank. We'll be adding a few more banks at a rapid pace over the next

Stockal has already had discussions with most nationalized banks in India to get low forex rates for its customers, so you don't need to negotiate. That said, if you work with a bank that Stockal doesn't already know, feel free to speak to your bank relationship manager if you are making a large transfer

You can start investing as soon as you have money in your brokerage account.

Once your brokerage account gets approved (you will be notified), fund that account by doing a bank transfer from your domestic account. Stockal works with multiple domestic banks to make the process easy and seamless and also helps you obtain very low forex rates.

You can do all this sitting at home or office. Then it takes 2-3 business days for the transferred money to reflect in your account. You can start investing immediately afterwards


Unlike most traditional investing platforms, we place no restrictions on user accounts. There is no account minimum at Stockal. That said, in order to see benefits of investing accrue to you, we recommend that you invest at least INR5,000 or $100 to start off

Yes, tax needs to be paid on Foreign dividend both in US and India

However, an Indian Resident individual can claim Tax credit of taxes paid in US by virtue of Double Taxation Avoidance Agreement (DTAA) entered into between India and US by filing a return of income in India

Maximum credit that can be availed is the amount of tax that should have been paid in India on the transaction if there is no DTAA.

Yes, any cost incurred on account of sale or transfer of asset is allowable as a deduction while computing the Capital Gains

However, it is pertinent to note that AUM charges and annual subscription charges incurred cannot be claimed as deduction as they are related to holding of capital asset and not in relation to transfer of capital asset

World Investing offers nearly 3,400 securities - listed on NASDAQ and NYSE - as of now. These are a mix of stocks and ETFs (Exchange Traded Funds). Almost all the marquee listed companies in the US with USD Billion+ market caps, are available


All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk it does not assure a profit, or protect against loss, in a down market. There is always the potential of losing money when you invest in securities, or other financial products. Investors should consider their investment objectives and risks carefully before investing. Investors should be aware that system response, execution price, speed, liquidity, market data, and account access times are affected by many factors, including market volatility, size and type of order, market conditions, system performance, and other factors.

Alankit Imaginations Limited makes no warranties or representations, express or implied, on products and services offered through the platform. It accepts no liability for any damages or losses, however, caused in connection with the use of related services.

All information placed on website is for informational purposes only and does not constitute as an offer to sell or buy a security. Further, any information on the website is not intended as investment advice. Certain hyperlinks or referenced websites on the Site, if any, are for your convenience and forward you to third parties’ websites, which generally are recognized by their top level domain name. Any descriptions of, references to, or links to other products, publications or services does not constitute an endorsement, authorization, sponsorship by or affiliation with Alankit Imaginations Limited with respect to any linked site or its sponsor, unless expressly stated by Alankit Imaginations Limited. Any such information, products or sites have not necessarily been reviewed by Alankit Imaginations Limited and are provided or maintained by third parties over whom Alankit Imaginations Limited exercises no control. Alankit Imaginations Limited expressly disclaims any responsibility for the content, the accuracy of the information, and/or quality of products or services provided by or advertised on these third-party sites.

The role of Alankit Imaginations Limited here is limited to a Referrer. Alankit Imaginations Limited will introduce the customer with the platform provider Stockal post which clients will be directly sharing their details to third party stock broker Drive Wealth. Once customers have been referred, they are solely responsible for any and all orders placed by them, and understand that all orders are unsolicited and based on their own investment decisions. Alankit Imaginations Limited and any of its employees, agents, principals, or representatives DO NOT: provide recommendations of any security, transaction, or order; provide investment advice; produce or provide research to any user regarding any security, transaction, or order; handle funds or securities related to securities orders or effect the clearance or settlement of a user’s trades done through solution provided by Stockal Inc. and DriveWealth LLC. All processes including KYC will be executed by Drive Wealth & Stockal directly with client and Alankit Imaginations Limited will not incur any personal financial liability.

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. For details, please see

Investment in securities market are subject to market risks, read all the related documents carefully before investing. Mutual fund investments are subject to market risks, read all scheme related documents carefully.

SEBI Registration No.: INZ000028539 | MCX Member Code: 10705 | NCDEX Member Code:F00016 | ICEX Member Code:3003 | CIN- U74899DL1994PLC059289 | Registered Address: 205-208, Anarkali Complex, Jhandewalan Extension, New Delhi-110055. Tel - 011-42541234. Compliance Officer: Mr. M.C. Agrawal Ph: 011-42541202/783 Email:

All logos and trademarks belong to their respective legal owners.

Check the background of DriveWealth, LLC on FINRA’s Brokercheck  here. Under SIPC, all securities accounts are protected up to $500,000 (including $250,000 for claims on cash). More details available here.
+91 8929-9553-44
© All Rights Reserved.
Powered by