Investments & orders

Wealthyhood offers a wide range of stocks, ETFs and money market funds from all around the world.

• ETFs: You can invest in ETFs from all asset classes, including stocks, bonds, commodities and real estate, different sectors and geographies. You can also access a wide range of thematic ETFs, including Biotechnology, Cloud Computing, Artificial Intelligence, Digitalisation, Clean Energy, Video Gaming and many more.
• Stocks: Wealthyhood also offers a broad range of individual stocks, from the US, UK, European and global markets, like NVIDIA, Apple, Amazon, Tesla and many more.
• Money Market Funds: MMFs are an alternative to traditional savings accounts, offering competitive interest rates, allowing your savings to grow faster – all while keeping your money on the safer side.

We’re continuously adding new stocks and ETFs to our platform. If you can’t find what you’re looking for, you can request an instrument in the app by contacting our team at hello@wealthyhood.com or through the in-app chat.

Our team reviews requests and adds new instruments when possible. However, some instruments, like US-listed ETFs, REITs, and crypto, are not available.

Wealthyhood offers market orders only, meaning you buy or sell an instrument at the current market price. We do not offer limit orders or short selling.

You may only cancel an order with us before it has been forwarded to a trading venue for execution. If cancelling your order is still available, you will be able to cancel your order through the Wealthyhood app, but due to the fast pace of execution, there is no guarantee that the cancellation will be processed before the order is completed.

So, please make sure you check the accuracy of the details of your order and be prepared to commit to the transaction, as in many cases, the order is forwarded immediately.

You have the option to place buy or sell orders for either individual assets or your entire portfolio.

• For Buy Orders on individual assets, the order will be submitted based on the cash value you want to invest.
• For Portfolio Buy Orders, you may choose to place an order based on your "Target Portfolio" allocation (if such an allocation has been defined) or based on your current holdings allocation at the time the order is placed. In both scenarios, the Portfolio Buy Order will be automatically converted into individual asset orders according to the respective allocation weights.
• For Sell Orders of individual assets, you will specify the number of shares you want to sell.
• For Portfolio Sell Orders, the order may be expressed either in terms of the cash value you want to sell or as a percentage of your total portfolio. In both cases, the Portfolio Sell Order will be automatically converted into individual asset sell orders, with the number of shares for each asset corresponding to your portfolio allocation. For example, if you opt to sell 10% of your portfolio, a sell order will be placed for 10% of each individual asset held in the portfolio. If you opt to sell a specific cash value, this amount will first be converted into a percentage of your portfolio based on its current valuation and then into individual sell orders for the respective assets.

Once we accept your order, we forward it to a third-party broker.

For individual stocks, if you place an order within market hours, your order will be forwarded for execution instantly. If an order is placed outside market hours, it will be queued and executed at the opening of the next market session. The regular trading hours for the US stock market, including the Nasdaq and the New York Stock Exchange, are from 9:30 to 16:00 Eastern Time (ET).

ETF orders are executed within a trading window every weekday. The beginning of the trading window is communicated to you before submitting your order confirmation and is dependent on your time zone. If you place an order after the beginning of the trading window, this will be executed in the corresponding trading window of the next business day. Although orders for ETFs are executed within the designated trading window, it may take some time until you receive confirmation of execution and the order status is updated on your Wealthyhood account.

Some of the investments available on the Wealthyhood app can be bought and sold in amounts smaller than a whole share. These are fractional shares. Fractional shares are portions of a whole share in a company or an exchange-traded fund (ETF).

These shares allow investors to own a smaller portion of a single share, making it more accessible for those with limited capital or who want to diversify their investments across multiple assets.

For example, if a company's stock price is $1,000 per share, an investor could buy a fractional share worth $100, representing 1/10th or 0.1 of a share. This enables them to invest in high-priced stocks without needing the full amount for a whole share.

Fractional shares represent a portion of a full share in a company, which means they carry the same risks as entire shares. However, fractional shares are non-transferable, but you can always buy and sell them through the Wealthyhood app.

Yes, the prices shown when you place an order are indicative and may change due to market fluctuations. This means your order might be executed at a slightly higher or lower price.

After each transaction, you will receive a trade confirmation with the details of the executed order. You can always check the status of your order and view this trade confirmation in your Wealthyhood app. Additionally, you can generate an account statement to review your holdings and activity.

The minimum order for individual stocks and ETFs is £1. However, you can always sell the full amount of a holding, even if it is less than £1. For portfolio buys, the minimum order is £20.

Rebalancing your portfolio helps you maintain the asset allocation you have defined for your target portfolio. You can do this through a one-off rebalancing or set up automated rebalancing.

If you decide to “Rebalance”, the process takes place during two consecutive trading sessions. First, overweight assets are sold, and then, the proceedings are used to buy underweight assets.

For example, suppose your target portfolio allocation is 60% stocks, 30% bonds and 10% gold. After market fluctuations, your allocation shifts to 70% stocks, 20% bonds, and 10% gold, with a total portfolio value of £10,000.

If you decide to rebalance your portfolio, the process is as follows:

• On the first trading day, rebalancing will sell £1,000 worth of stocks, reducing their allocation to 60%.
• Then, on the next trading day, it will use the proceeds to buy bonds, increasing the allocation to 30%.
• The gold allocation will remain at 10%.

Rebalancing is available through your Target Portfolio section on your Wealthyhood app. Keep in mind that rebalancing is only available if you. have holdings in your portfolio, you have defined a target allocation and your current portfolio allocation doesn’t match your target allocation.

Although the dividend payment date (when the company distributes dividends) is specified, it may take a few business days for the funds to reach the investment firm before being passed on to your account. Once we receive the dividend from our partner, we’ll automatically credit it to your account. You don’t need to take any action, and you’ll receive a notification along with a record in your activity feed in the app.

Yes. Dividends are rounded to the nearest cent, and you’ll receive a percentage that corresponds to the fraction of the share you own. For example, if you hold 0.5 of a dividend-paying share, you’ll receive half of the dividend amount.

Dividends are typically subject to local withholding taxes, which are automatically deducted. For non-US investors who qualify, we’ve submitted the W-8 BEN form on your behalf to lower the withholding tax on US dividends from 30% to 15%.

Keep in mind that Wealthyhood does not offer tax advice. If you need further assistance, we recommend consulting an independent professional.

No, Wealthyhood does not offer leverage or margin accounts. Our platform is designed for long-term, responsible investing, where the focus is on steady growth rather than short-term gains through high-risk strategies.

Leverage involves borrowing money to increase the size of your investment, which can amplify both potential gains and losses. While it can lead to higher returns, it also significantly increases risk, as even small market downturns can lead to large losses, potentially more than your original investment.