Hatch Invest New Zealand give you the freedom to buy and sell full or fractional shares with dollar-based investing. This is perfect not only for experienced investors, but also to novices in the field.
Your investment options are Market Orders and Limit Orders; either of the options allows you to place an order any time even during the times when US share markets are closed.
Usually, Hatch Invest charge fees for 3 of their services – exchanging money, making a trade, and filing US tax returns. Before charging you, they’ll let you know first, meaning that you can say bye to hidden fees as well as management or custodial fees.
There are different ways to transfer your money from your NZ bank account to Hatch Invest account. You can use online banking, mobile banking, or Hnry account; transaction fees depend on your bank’s terms and policies, so better consult with them first.
There isn’t a minimum investment amount with Hatch Invest NZ. You can invest as little or as much as you can afford to over 2,900 companies and over 500 exchange-traded funds in the US markets like NYSE and Nasdaq.
Hatch Invest New Zealand are just the keeper of your shares, not the owner. If ever they decide to shut down their platform, you’ll be given a notice on what to do with your shares. However, their partnership with DriveWealth assures you more security as you’re also protected under SIPC.
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