Investing through Fintso
What insurance or protection do I get for my account?
Our broker-dealer partner in the US is a member of the Securities Investor Protection Corporation (“SIPC”) which currently protects the securities and cash in your Account up to $500,000 of which $250,000 may be in cash. Please note that this ...
How can I add nominees for investments made for my clients?
Nominees currently cannot be added on the platform. For adding a nominee, please reach our Service Desk through phone or email.
What are fractional shares?
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 Apple stock. Our brokerage partner allows you to own as low as 0.0001 share of any stock. ...
Does my client get dividends from Baskets?
Yes. If there is a dividend pay-out from a Stock, the dividends are directly deposited in your client’s investment account.
What if Fintso suffers an outage or shuts down?
Global investing accounts are held by brokerage and clearing services providers in the US. The custody of your account is managed by some of the largest banks and clearing firms in the world. If Fintso goes down, the account will still be safe and ...
Does my client get dividends from Baskets?
Yes. If there is a dividend pay-out from a Stock, the dividends are directly deposited in your client’s investment account.
If there are no transaction charges while buying, why does the full amount not get invested?
Fees and expenses are deducted on a quarterly basis. For every quarter, it is deducted upfront on the first trading day of the calendar quarter.
Are there any transaction charges?
There are no transaction charges for buying and rebalancing of Baskets (it is covered as part of the fee charged to client). However, we charge a transaction fee when the customer sells (partially or completely) the Basket equal to $0.01 (1 cent) per ...
Which stock exchanges are the transactions placed on?
The investments are made through Nasdaq and NYSE. Basket orders can be placed 24x7, but the execution of these orders would occur during U.S. market hours only.
Can I cancel a Basket order?
No, once an order for a Basket is placed, it cannot be cancelled or refunded. However, once you have purchased a Basket, you can sell it anytime.
Do the portfolios get re balanced periodically?
Yes, the portfolios are rebalanced quarterly or as specified in the product collateral to ensure that performance is aligned with the investment goals. The portfolios are rebalanced automatically on the first trading day of each calendar quarter.
In how many days, do the baskets orders reach the brokerage account?
If an order is placed during US non-market hours, the order will get executed once the market opens on the next working day. If an order is placed during US market hours, the order will get executed immediately or depending on market liquidity.
What is the minimum investment amount?
Currently, for any fresh allocation to any of the above-mentioned portfolios, the minimum investment is $1,000. For an additional/follow-on purchase in the same portfolio, the minimum investment amount is $250.
What are the available investment opportunities through Fintso?
Fintso has created three curated portfolios which are designed to identify the themes of tomorrow. These baskets are pre-configured collections of stocks and ETFs that you can invest in with a single click. We aim to solve the challenge of “what to ...
How is Fintso is making global investing easy and accessible?
Step 1 – Sign up on Fintso and complete your profile and subscription if you haven’t already. Enable ‘Global Investments’ by just accepting the Global Investments Agreement in the Profile section Step 2 – Complete your clients’ online KYC to ...