What is Stocks?
The Stocks feature lets you trade over 5,000 stocks and 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 and clean interface that you expect from Crypto.com.
*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 separate entity from Crypto.com, Foris DAX, Inc., and other affiliated Foris companies all of which do not engage in the securities business.
Where is Stocks available?
Stocks is currently available to users who are U.S. citizens in Pennsylvania, Ohio, Washington, and Arizona.
We are working hard to launch this feature in more jurisdictions — watch this space.
How do I set up a Stocks account?
After you have signed up to the Crypto.com App, follow these steps to set up a Stocks account:
Go to the Stocks tab from the home screen
Tap Buy or Sell to begin the account creation process
Follow the on-screen instructions to:
Review and accept the relevant agreements and disclosures
Provide your personal information
You will be notified once your information is verified, and you can start trading stocks, which can take up to three business days.
Contact customer support at chat.foriscapital.com if you would like to amend the provided information or check the status of your Stocks account.
Stocks Cash
What is Stocks Cash?
Stocks Cash is the USD balance in your Stocks account.
When placing a buy order, you can automatically top up your Stocks Cash with your USD Fiat Wallet to fund the transaction. For this reason, please ensure your USD Fiat Wallet is set up with settled funds before making a stock or ETF purchase.
Conversely, the proceeds from sell orders are settled to your Stocks Cash typically one trading day after the transaction.
You can withdraw your Stocks Cash to your USD Fiat Wallet by following these steps:
Go to Accounts from the bottom navigation bar
Tap Stocks Wallet > Transfer > Withdraw Stocks Cash
Input the amount you wish to withdraw to your USD Fiat Wallet
Tap Confirm when you’re ready
Notes:
Transfers from your Stocks Cash to your USD Fiat Wallet 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.
If you initiate an Instant Deposit, you must wait until your Pending Balance is settled and use your Available Balance to fund your Stocks Cash. See here for more details about the Instant Deposit feature.
Trading
Market Hours
Market hours for trading stocks and ETFs are 9:30 am to 4:00 pm Eastern Time (ET), Monday to Friday.
Pre- and after-market trading is currently unavailable. However, you may place orders outside market hours to be queued and filled when the market opens at 9:30 am ET.
Order Types
Market and Limit Orders are currently supported, with more order types to come.
Market Order
Place a Market Order to trade a stock or ETF at the current Market Price:
Buy Market Order: Buy the asset at the current Market Price
Sell Market Order: Sell the asset at the current Market Price
Market Orders guarantee execution but not the price at which the stock or ETF will be bought or sold.
Limit Order
Place a Limit Order to trade a stock or ETF at your specified Limit Price:
Buy Limit Order: Filled at the Limit Price or a lower price
Sell Limit Order: Filled at the Limit Price or a higher price
Limit Orders guarantee the stock or ETF price when it is bought or sold, but not execution.
How do I buy a stock or ETF?
Follow these steps to place a buy order:
From the Stocks tab, select the stock or ETF you would like to purchase
Tab Buy at the bottom of the screen
Select Market Order or Limit Order from the dropdown on the top-right corner of the screen
Market Order:
Input the USD amount or the number of shares you would like to purchase at the current Market Price. The minimum purchase amount is $1 or 1 share if fractional shares are not supported for the stock or ETF.
Limit Order:
Input the number of shares you would like to purchase
Input the Limit Price (the price you would like to purchase the shares at)
Select your funding method:
Available USD:
Tap Review Order and Confirm when you’re ready
Enter your passcode to verify the transaction
Crypto.com Wallet
Select the crypto you would like to convert to USD to use for the purchase. Your purchase will then be split into two transactions: (1) sell the crypto to USD and (2) buy the stock or ETF with the USD.
Tap Review Order and Confirm when you’re ready
Enter your passcode to verify the transaction
If you are buying a stock or ETF outside market hours, you will see a pop-up after Step (2) informing you that your order will be queued and placed when the market opens at 9:30 am ET. Tap Queue Order and proceed to complete the remaining steps. See the ‘Market Hours’ section for more information.
How do I sell a stock or ETF?
Follow these steps to place a sell order:
From the Stocks tab, select the stock or ETF you would like to sell
Tab Sell at the bottom of the screen
Select Market Order or Limit Order from the dropdown on the top-right corner of the screen
Market Order:
Input the USD amount or the number of shares you would like to sell at the current Market Price. The minimum sell amount is $1 or 1 share if fractional shares are not supported for the stock or ETF.
Limit Order:
Input the number of shares you would like to sell
Input the Limit Price (the price you would like to sell the shares at)
Tap Review Order and Confirm when you’re ready
Enter your passcode to verify the transaction
Once executed, the USD proceeds from your sell order will be settled to your Stocks Cash balance, normally one trading day after the transaction.
If you are selling a stock or ETF outside market hours, you will see a pop-up after Step (2) informing you that your order will be queued and placed when the market opens at 9:30 am ET. Tap Queue Order and proceed to complete the remaining steps. See the ‘Market Hours’ section for more information.
How do I view my Transaction History?
Follow these steps to view your Transaction History:
From the home screen, tap Accounts from the bottom navigation bar
Tap the ‘clock’ icon on the top-right corner of the screen
Can I cancel an order after it’s been placed?
You can cancel orders that have not been filled yet.
Follow these steps to cancel a pending order:
From the home screen, tap Accounts on the bottom navigation bar
Tap the ‘clock’ icon on the top-right corner of the screen
Tap the transaction you would like to cancel
Tap the Cancel Order button at the bottom of the screen and confirm the cancellation on the pop-up
Can I trade fractional shares?
Yes, you can buy and sell fractional shares, which are less than one share of a stock. This means you can invest in a stock without having to purchase an entire share or cash out on a stock without having to sell an entire share.
To buy a fractional share, simply input the USD amount or the fractional share amount when placing your buy order. See the ‘How do I buy a stock or ETF?’ section for more information.
To sell a fractional share, simply input the USD amount or the fractional share amount when placing your sell order. See the ‘How do I sell a stock or ETF?’ section for more information.
Please note that not all stocks are available for fractional share trading.
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.
Account Transfers
Transfer In
You can transfer eligible securities from other brokerages into your Stocks account via the industry standard Automated Customer Account Transfer Service (ACATS).
For a limited time, you can enjoy the following benefits when transferring assets into your Stocks account:
Transfer Bonus: Get up to a 3% bonus on your first securities transfers from another brokerage*
Transfer Fee Offer: Get $100 for your first three transfers of $2,000 or more, which you can use toward fees charged by the other brokerage*
Follow these steps to transfer assets into your account:
From the home screen, tap Deposit > Stocks > Transfer > Transfer In
Select the brokerage firm you are transferring assets from.
Enter your account number at the brokerage firm you are transferring from.
Confirm that the name on the account you are transferring assets from is an exact match to the name associated with your Foris Capital US LLC account.
Select the assets and the amount of each asset you wish to transfer.
Review the transfer details and tap Confirm when you’re ready
Once your transfer request is approved, it will be processed within seven business days.
*Transfer Promotion Details:
Transfers between brokerages can take up to seven (7) business days to process.
To be eligible for the Transfer Bonus, the transfer must be initiated during the Promotion Period. A countdown to the end of the Promotion Period will be displayed when you initiate a transfer.
The Transfer Bonus will be distributed in two halves: one at the end of Year 1 and the second at the end of Year 2 following the transfer date.
The Transfer Bonus amount is calculated based on your Level Up tier and the percent of the lower of the two figures below:
Your first transfer up to a limit with a minimum total transfer amount of $2,000. You can view your limit on the Transfer Bonus screen when initiating a transfer.
Your Average Daily Balance at the end of Year 1 and Year 2 following the transfer date. Average Daily Balance must be maintained for the two years for you to receive the full calculated bonus.
Example: An Obsidian user transfers assets totalling $12,000 during the Promotion Period. Their Average Daily Balance is $10,000 for Year 1 and $15,000 for Year 2. They will receive $150 at the end of Year 1 and $180 at the end of Year 2.
Transfer Bonus and Transfer Fee Offer will be distributed to your Stocks Cash balance in USD.
All Transfer Bonuses are at the sole discretion of Foris Capital US LLC.
Transfer Out
A $100 Transfer Fee will be applied when you transfer securities out of your Stocks account to another brokerage. Once your transfer request is approved, it will be processed within seven business days.
Important Notes:
You may choose to transfer your assets fully or partially out of your Stocks account. Your assets are locked when they are being transferred out.
Please note that fractional shares cannot be transferred out. However, you may liquidate them before moving the proceeds. If you request a full ACATS transfer, Foris Capital US LLC will sell any fractional shares and transfer the cash proceeds to the other brokerage.
Transferable Assets
What types of assets can I transfer?
You can transfer stocks and exchange-traded funds (ETFs).
Can I transfer bonds or mutual funds?
Not at this time. Currently, only stocks and exchange-traded funds (ETFs) are supported in the Stocks feature.
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.
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.
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 separate entity from Crypto.com, Foris DAX, Inc., and other affiliated Foris companies. Foris Capital does not engage in the sale, transfer or custody of cryptocurrencies or digital assets. Crypto.com is a separate entity from Foris Capital and does 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.