Anyone 18 or older with a valid Tax ID and secondary ID (e.g., passport or driver's license) can open an account. If you lack utility bills, another ID with your address works too.
How do I open an account?
It's simple! Download our app, sign up with your email and password, confirm your email, and enter your legal name with a user name.
What is the difference between opening an account and account verification?
Opening an account lets you explore investing, save stocks to your watchlist but you can only start buying stocks once you have verified your account.
How can I verify my account?
Go to your profile and click "Unlock Investing".
Fill out the form with your personal details (e.g., name, gender, date of birth, nationality, passport/ID number, and residential address).
Read and confirm our agreements and statements.
Take a selfie for identity verification.
Upload your ID (e.g., passport, driver's license, or identity card).
Provide a photo of your proof of address (e.g., ID with address, bank statement, or utility bill).
Check your account status on your profile page within 24 hours. For any issues, contact us via Instagram for assistance.
How can I check my account status?
Head to the app's profile section and look for your username. You'll find out if you're "Verified", "Action Required", or "Approval Pending".
If your status is Action Pending, check your email for next steps.
How long will it take before my account gets verified?
Typically, verification happens in an instant and should not take more than 3 business days. If it takes longer, send us your email via Instagram, and we'll help speed up your verification or let you know if there’s any action required.
What Tax ID formats do you accept?
India
PAN
Indonesia
KTP/NIKNPWP
Malaysia
Tax ID (TIN) NRIC
Vietnam
Personal Tax Code
Thailand
Tax ID (TIN)
Philippines
Tax ID (TIN)
SSS or UMID
Postal ID
Voter's ID
PhilID (Philippine National ID)
How do I top up funds?
Once verified, deposit funds easily via International Wire Transfer, and top up using accepted banks and e-wallets.
How can I withdraw funds?
Go to "Wallet", tap "Withdraw", choose "Transfer", select your method, enter account details and withdrawal amount. Funds will be available for withdrawal one trading day after the transaction (T+1), starting on May 28, 2024.
A screenshot of the fund-in transaction on our app.
A screenshot of the transaction from your account (e.g., wallet or bank side).
How can I buy stocks?
Tap the stock you want to buy, then tap "Buy". Your preset amount is USD 1. You can choose any preset amount or tap "..." for more options.
How can I sell stocks?
Tap on a stock that you want to sell, then tap "Sell". Please note you must own shares in a stock in order to sell. You can choose any preset percentage of your shares to sell or tap "..." to enter a specific number of shares.
How can I earn?
Earn by investing in stocks: Buy low, sell high, and collect dividends from your owned companies.
Do my stock investments give out dividends or capital appreciation only?
Stocks earn through dividends or capital appreciation. Dividends are paid on the dividend payout date based on your stock count the day before the ex-dividend date, typically set a week or more before payout.
Where can I find my dividend payouts?
You can track your dividend payouts through the "All History" page as it automatically reflects from there.
What is Pattern Day Trader (PDT)?
Pattern Day Trader (PDT) status is granted by FINRA in the US to individuals who buy/sell the same asset, like stocks, more than 3 times in a day. To safeguard investors, brokers limit trades to 3 per asset daily. The PDT count resets at market open, allowing normal trading until reaching the daily limit again.
How much do I need to start investing?
With Invesko, you can start investing with just USD 1. You can trade stocks and ETFs in small fractions, not just whole shares. Fractional shares can be as small as USD 1 or 0.000000001 shares, and you can trade them instantly.
Why offer fractional shares?
Fractional shares offer unique opportunities, allowing you to invest in expensive stocks or ETFs for as little as USD 1, providing flexibility to invest at your own pace, diversify your portfolio conveniently, and manage risks effectively.
Does Invesko support OTC stocks?
We don't support OTC stocks because we prioritize our customers' best interests. To explain further:
OTC stocks lack the regulatory oversight and transparency of major stock exchanges like NYSE or NASDAQ. This means investors may struggle to access accurate and timely information about a company's financial health and operations.
OTC stocks often have lower liquidity, making it harder to buy or sell shares at desired prices. This can lead to larger bid-ask spreads and increased trading costs.
OTC stocks receive less attention from financial analysts and institutional investors, resulting in fewer research reports and insights available to investors.
Investing in OTC stocks comes with higher risks, including exposure to fraudulent schemes and companies with questionable financials. We believe in providing our customers with safer investment options.
What are REG and TAF fees?
REG Fees and TAF Fees are small charges linked to stock or investment transactions, supporting government oversight and market integrity. They ensure fairness and security for investors by contributing to organizations monitoring and maintaining market functionality, preventing dishonest practices. These fees are part of regulatory requirements, ensuring a trustworthy investing environment.
Dividends are subject to a withholding tax, which is deducted automatically. The specific withholding tax rate may vary depending on your location, so it’s advisable to research about it accordingly.
How does referral work?
Go to your profile and click the three tiles in the upper left corner. Select "Rewards" to find your referral code. Share your code with your friends, and when they verify their account and make their first deposit – you both will get $5.
Is Invesko a brokerage?
Invesko is licensed to operate as a Labuan Securities Licensee under the Labuan Financial Services and Securities Act 2010. Invesko's designated clearing broker and custodian, Alpaca Securities LLC, is registered with the Financial Industry Regulatory Authority (FINRA) and licensed by the U.S. Securities and Exchange Commission (SEC) (FINRA CRD#: 288202/SEC#: 8-69928). As a member of SIPC, investments are insured up to USD 500,000 per account. Non-U.S. citizens may open U.S. brokerage accounts, subject to additional documentation.
What products does Invesko offer?
We offer fractional and whole US stocks, ETFs, and soon PH stocks.
How is my money protected?
Regulated and insured, your stocks are safeguarded with insurance coverage up to USD 500,000.
