What is Crypto.com Stocks?
The Crypto.com Stocks feature lets you trade over 12,000 stocks and exchange-traded funds (ETFs) right in the Crypto.com App, allowing you to diversify your investment portfolio beyond cryptocurrency.
It gives you more options to potentially grow your wealth through capital appreciation and dividends with securities investments. You can place various types of orders and access insightful market-tracking tools — all from the intuitive, clean interface that you’d expect from Crypto.com.
Stocks is currently available to U.S. customers only. We have plans to roll out this feature in additional jurisdictions. Stay tuned!
The Stocks feature is provided by Foris Capital US LLC, a Crypto.com company, which is a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) and a member of FINRA and SIPC. Clearing services are handled by Apex Clearing. While using this feature, you may receive emails from foriscapital.com and apexfintechdocuments.com. Please ensure that you whitelist these email domains in your inbox.
How do I set up a Stocks account?
Follow these steps to set up a Stocks account:
Go to the Stocks tab from the bottom navigation bar
Tap Open Stocks Account
Follow the on-screen instructions to:
Provide the required information
Review and accept the relevant agreements and disclosures
Account creation usually takes a few minutes. You’ll be notified once the process is complete or if you need to provide additional details.
After your Stocks account is opened, you can start depositing funds and trading stocks at any time. Visit our Stocks Welcome Reward page for additional benefits available to you.
If you do not hear back about your account status within three business days, or if you would like to amend the information you provided, please contact customer support via the in-app chat or at chat.foriscapital.com.
Stocks Cash
What is Stocks Cash?
Stocks Cash refers to the USD balance in your Stocks brokerage account, which is used to buy stocks and ETFs. It is separate from your USD Account.
Stocks Cash is opened together with your Stocks account. If you haven't opened a USD Account yet, you will be prompted to do so the first time you trade stocks.
To buy stocks and ETFs, you need to move funds from your USD Account to your Stocks Cash.
How do I add funds to my USD Account?
First, make sure you have set up your USD Account. Then, select one of the following methods to fund it:
Instant Deposit via the ACH network or other bank transfer methods
How do I transfer funds to my Stocks Cash?
Once your USD Account is funded, you can transfer money to Stocks Cash by:
Going to Deposit > Top Up Stocks Cash from the home screen, or
Automatically transferring funds when you make a Stocks purchase
How do I withdraw funds from Stocks Cash back to my USD Account?
You can withdraw funds from your Stocks Cash to your USD Account by following these steps:
Go to Accounts from the bottom navigation bar
Tap Stocks Cash > Transfer > Withdraw Stocks Cash
Input the amount you wish to withdraw to your USD Account
Tap Confirm when you’re ready
Notes:
Transfers from your Stocks Cash to your USD Account are only instant from 7:00 am to 4:00 pm Eastern Time (ET) on business days. If you initiate a withdrawal outside of this time, it will be processed the next business day.
Trading
Market Hours
Core Trading Hours: Stocks and ETFs can be traded from 9:30 am to 4:00 pm Eastern Time (ET) every trading day, from Monday to Friday.
Pre- and After-Market Trading: Currently unavailable. You may place orders outside market hours, which will be queued and executed when the market opens at 9:30 am ET.
How do I place an order?
You can trade stocks and ETFs by placing Market Orders and Limit Orders. See the following articles on how to place these orders.
Fees and Charges
Foris Capital does not charge any fees for opening and maintaining a stock account, nor a commission for stock and ETF trading.
U.S. regulatory organizations charge the following fees for securities trading:
SEC Regulatory Transaction Fee
The U.S. Securities and Exchange Commission (SEC) charges a Regulatory Transaction Fee (RTF) to all U.S. brokerage firms, including Foris Capital US LLC, to cover the costs of supervision and regulation. RTF fees are charged on securities sales only, and Foris Capital will pass this fee to our customers. Fee rates can be adjusted both annually and mid-year.
FINRA Trading Activity Fee
The Financial Industry Regulatory Authority (FINRA) charges a Trading Activity Fee (TAF) for certain market trading activity, including to Foris Capital US LLC, to recover the costs of supervision and regulation. TAFs are charged on securities sales only, and Foris Capital US LLC will pass this fee to our customers. Fee rates can be adjusted both annually and mid-year.
American Depositary Receipts Fee
The American Depositary Receipts fee (ADR fee) is charged by the depositary bank that issues the ADRs to cover the costs of creating and managing the ADR. The fee is usually expressed as a percentage of the ADR's value or a fixed amount per share.
Account Transfers
Please refer to this page for more details about account transfers.
Corporate Actions
What are corporate actions?
Corporate actions are events initiated by a company that affect its stock and shareholders. Common types of corporate actions include:
Dividends: Payments made to shareholders from a company's earnings. You will receive dividends in your account on the scheduled payment date.*
Stock Splits: When a company increases the number of its outstanding shares by splitting existing shares. For example, in a 2-for-1 split, each shareholder will receive an additional share for every share owned, effectively reducing the share price.
Reverse Stock Splits: When a company decreases the number of its outstanding shares by consolidating existing shares. For example, in a 1-for-2 reverse stock split, each shareholder will receive one share for every two they had previously, thereby doubling the price. The total dollar value of the shareholder’s position remains the same.
Stock Spin-Offs: This occurs when a company creates a new independent company by selling or distributing new shares. Shareholders typically receive shares in the new company based on their existing holdings.
Rights Issues: When a company offers existing shareholders the right to purchase additional shares at a discounted price, usually to raise capital.
Mergers and Acquisitions: When companies combine, or one company acquires another, impacting shareholder ownership and stock value.
A record of the dividends you receive can be viewed from your Transaction History. See the ‘How do I view my Transaction History?’ section for more information.
How will I know when a corporate action has taken place for a stock I hold?
You will be notified via push notification and email when a corporate action has taken place for a stock that you hold. These communications will inform you of actions that you need to take, if any.
It is important to review the notifications and understand how each action may affect your investments.
Stocks Account Documents
Account Statements
To view your securities account statements, go to Settings > Account > Stock Account Information > Account Statement. You are advised to download the statements for record purposes.
Tax Documents
Your tax documents will be available in the Crypto.com App if you have account activities to be reported as required by the Internal Revenue Service (IRS). Foris Capital does not provide tax advice or tax advisory services.
To view your tax documents, go to Settings > Account > Tax Documents Statement. You will also be notified via email when the tax documents are ready.
You are advised to download the tax documents for record purposes.
Trade Confirmation
To view the trade confirmations for your Stocks account, go to Settings > Account > Trade Confirmation. You are advised to download the trade confirmations for record purposes.
Securities Lending
What is Securities Lending?
The Securities Lending Program enables you to earn passive income by lending the stocks in your account through our clearing firm, Apex Clearing Corporation (‘Apex’).
Once enrolled, whole shares of your stocks will be lent to investors, financial institutions, and other market makers. These parties pay Apex a market-driven interest rate and typically use the borrowed stocks to facilitate short selling.
When your shares are lent, you’ll receive interest on them, which is accrued daily and paid out monthly.
Who can enroll in Securities Lending?
All Crypto.com App users who have created a Stocks account can enroll in Securities Lending, subject to these limitations:
Users aged 55 years or below are not eligible for Securities Lending if:
Both their annual income and net worth are less than $25,000, or
Their stated investing goal is capital preservation
Users aged above 55 years are not eligible for Securities Lending if:
Either their annual income or net worth is less than $25,000, or
Their stated investing goal is capital preservation
How do I opt into Securities Lending?
Follow these steps to opt in or out of the program:
Go to Settings > Account > Stock Account Information > Securities Lending Program
Read the applicable disclosures for related risks before you opt into the Securities Lending Program.
Toggle on or off Lending Status to opt in or opt out of the program
Can I still access my stocks when they are lent out?
Yes. You retain full ownership of your stocks and are able to sell them at any time. This means you always have the option to exit the market, where you would realize any potential gains or losses.
When your shares are on loan, you waive your voting rights and may receive payments in lieu of dividends, which could impact your taxes. Your shares are not covered by SIPC protection during this time, but Apex must post collateral exceeding 100% of their value at a partner bank. There’s also a risk that Apex could default on returning your shares. Additionally, your loaned shares may be used for short selling, potentially affecting their market price.
¹ By using the term baskets, Foris Capital is not adopting the FINRA 4210 ‘baskets’ definition and that we are using it to generically call the groupings of stocks designated as ‘Whale baskets’
² Even with publicly available data, it's impossible to perfectly replicate an individual's portfolio. There might be lag times in reporting, private investments that aren't disclosed, and strategic decisions that go beyond simple stock ownership. Past performance of this stock baskets, or the performance of the referenced individuals' portfolios, is not indicative of future results. These baskets are provided for informational purposes only and is not a solicitation or a recommendation of any individual investment nor is it for any investment strategy. There is no guarantee that this stock baskets will replicate or outperform the performance of any individual's portfolio or the market overall. Furthermore, the investment decisions of individuals are complex and may involve factors not reflected in this stock baskets (e.g., access to private deals, equity options, different time horizons, unique risk tolerance).
Foris Capital US LLC is currently registered and able to conduct business in all 50 states, Washington DC, Puerto Rico and the Virgin Islands. We are permitted to conduct business and work with clients only within the states and territories where we are registered.
Check the background of Foris Capital US, LLC and your investment professional on FINRA’s BrokerCheck
Important Disclosure: Securities and investment banking services offered through Foris Capital US, LLC, a registered broker-dealer and FINRA/SIPC member.
Foris Capital US LLC disclosures concerning equities, mutual funds, and ETF
Foris Capital US, LLC
210 Commerce Way
Suite 220
Portsmouth, NH 03801
Foris Capital US LLC is a broker-dealer registered with the Securities Exchange Commission and a Member of FINRA and SIPC. Foris Capital is a subsidiary of Crypto.com. It is a separate entity from Foris DAX, Inc., and other affiliated Foris companies. Foris Capital does not engage in the sale, transfer or custody of cryptocurrencies or digital assets. Foris DAX, Inc., and other affiliated Foris companies are separate entities from Foris Capital and do not engage in the securities business. Customer balances and crypto holdings held and transacted at Crypto.com and other entities outside of Foris Capital are not covered by SIPC insurance and are separate from securities transactions and holdings at Foris Capital.
For further information about Foris Capital, please visit FINRA BrokerCheck. Clearing Services are offered by Apex Clearing, a member of FINRA, and SIPC.