Are there any additional risks?
There might be additional risks associated with OTC securities such as, because OTC securities may be more illiquid than exchange-listed securities, there may be greater volatility in trading these products, and thus more risk of price swings and losses.
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What risks are involved in the Fully Paid Lending Income Program?
Fully Paid Lending isn’t appropriate for everyone. Clients with very low risk tolerances should not consider the program. A primary risk is counterparty default. Drivewealth is your counterparty on fully paid lending transactions. If Drivewealth were ...
Will I be charged to invest in ETFs?
No, there are no additional charges to invest into ETFs on our platform. The brokerage/commission remains the same for stocks as well as ETFs.
Can I remit from a newly opened HDFC bank account on Vested?
Yes, you can remit from a newly opened HDFC bank account. The only additional step you will be required to do is upload either a 12-month bank statement of your primary bank account or the latest financial year’s ITR Acknowledgement.
Could you share all the charges applicable for withdrawals?
There are no fixed fees on withdrawals in INR to your bank account. However, if you choose to withdraw in USD, a fixed fee of $5 is charged per withdrawal. If you are a premium user, you get the first two withdrawals free during your one-year ...
What are the tax implications of ESOP/RSU transfers?
The tax implications are simple: based on the amount of time you have held these shares, you will be paying long-term or short-term capital gains tax upon the sale of your ESOPs. More details on this can be found in our taxation article here. Once ...