• How do I find my National Insurance Number (NIN)?

  The easiest way to find your National Insurance Number is to first check your payslip or your P60 from your employer. If you don't have an employer or can't locate these documents, refer to documentation you've received from HM Revenue and Customs (HMRC) or by logging into your online personal tax account. Access your online personal tax account here. If you're still not able toFew readers

• Emma KYC process

  As a financial services provider, we are required to verify the identity of all of our customers. This process is known as Know Your Customer Checks. As part of this process, we may ask you for additional documents before you can start investing, or open Pots with Emma. We may ask you to provide us with two types of documents: a proof of your identity and a proof of your current address.Few readers

• How do I withdraw funds from my Emma Investment account and how long does it take?

  Withdrawing funds from your Emma Investment account To withdraw funds from your Emma Investment account, follow these steps: Open Emma Select the Invest tab Tap on your Available to invest balance in the Portfolio screen Tap Withdraw in your Account screen 💸 You will only be able to withdraw funds from your Withdrawable Cash Balance. Your Unsettled Cash represents funds which are due to but have not yet setFew readers

• How do I top up my Emma Investment account and how long does it take?

  Topping up your Emma Investment account To top up your Emma account, open Emma Invest tab, tap on your current account balance in the Portfolio screen, and lastly tap Top Up in your Account screen 💸 When you top up your investment account your funds will be added to your Emma Withdrawable Balance. Your Withdrawable Balance funds can be invested or withdrawn back to your bank account at any time. How long does it take for my top up to be added to my account? YoFew readers

• Emma investment account balances

  When you start investing with Emma, you will see three types of funds in your Emma Investment account: Withdrawable Cash, Unsettled Cash, and Reserved Cash. Withdrawable Cash Withdrawable Cash balance is the total sum of money in your account which is available to be withdrawn from your Emma investment account to your bank account immediately, or invested. Unsettled Cash Unsettled cash balance represents funds you have received from selling your investments, before theyFew readers

• Emma investment Lists

  Emma investments List feature enables you to add stocks you are interested in into organised lists you will be able to access within a couple of taps via Emma Invest tab 👏 This can be useful if you spot stocks that peak your interest but you haven't decided to invest just yet and you would like to keep an eye on the stocks' share prices. Creating a new List Go to Emma Invest tab Scroll down to Lists Select Create new list Fill in your new list name and pressFew readers

• Will I receive dividends if I invest in US stocks with Emma?

  💡 A dividend is a distribution of company profits to its' shareholders. Dividends are usually paid in cash but can sometimes take form of company stock. It's important to remember that not all companies on the stock market choose to pay dividends to their shareholders. In many cases, profits are used to support the continued growth of the business instead. If you invest with Emma, we will pay dividends as issued for all companies who choose to issue them. If you have any further quesFew readers

• Is there a fee to invest with Emma?

  There is are no sign up or Emma Invest membership fees - Emma Invest is free to access for all of our free, Plus, Pro and Ultimate users 💪 However, please be aware that all buy and sell orders executed via Emma are subject to 0.45% FX (Foreign Exchange) fee. If you have any further questions, reach out to us here ✍️Few readers

• If I invest in US stocks with Emma, do I need to pay tax?

  You will need to pay Income Tax on any income you receive, for example, dividends, and Capital Gains Tax on any gains made if you sell some or all of your shares. In addition, there is a withholding tax of 15% applied to dividends at source in the US, before they are paid out to you. In the UK, there is a £2,000 annual Income Tax allowance on dividends and a £12,300 yearly Capital Gains Tax allowance. The amount of tax you will need to pay will depend on your personal tax band, and your persFew readers

• What is Investing?

  Investing means buying assets which will hopefully increase in value over time and provide returns. If you decide to invest with Emma, you will be buying company shares with the view of the value of the shares you purchased increasing overtime 📈 Investing can be advantageous, for example, it can help you beat inflation i.e currency losing value over time. For example, if a loaf of bread cost £1 a year ago and now it’s £1.03 then its price has risen bFew readers

• What is the Emma Invest FX currency conversion fee?

  When you buy or sell US stock via Emma Invest, your transactions are priced in US Dollars, and so we need to convert your funds to or from GBP to fulfil your orders.Few readers

• What are fractional shares?

  A share is a unit of a company stock. A fractional share is a smaller piece of one whole share of a company stock. Purchasing a fractional share means that instead of owning one full share of a company stock, you own a fraction of one 🥧 Purchasing fractional shares allows you to invest in companies, whose shares may otherwise be unobtainable due to high full share prices. As with any investment, please be aware that your capital is at risk. If you have any further questions, reach oFew readers

• US market opening hours and how it affects investments in Emma

  ⏰ The US market opening hours are 2:30 pm – 9:00 pm GMT You can submit buy and sell orders both during and outside of the market opening hours. If you submit orders during market opening hours your order will be submitted immediately. However, if you place your order outside of the opening hours your order will be submitted as soon as the market opens for trading. This means that when you place your order you will see an estimated share price based on the last market close share value,Few readers

• What is Pattern Day Trading?

  The good news is, we don't place any limits on the number of stock orders you place 💪 🚀 However, Financial Industry Regulatory Authority (FINRA), a trading governing body in the US, set a restriction on "pattern day trading" (PDT). Pattern day trading is defined as a round-trip pair of trades within the same day (including extended hours). This includes: An opening buy order followed by a closing sell order on the same day. An opening sell order followed by a closing buy order on the samFew readers

• What is the minimum investment buy or sell order amount?

  The minimum trade amount for investment buy or sell orders with Emma is £1. There is no minimum or maximum number of shares per trade order 🚀 Your trade order is based on the value of shares included in your order, which are dictated by market prices at the time your order is placed. If you have any further questions, reach out to us here ✍️Few readers

• How long does it take for my orders to settle?

  US stock orders typically take 3 working days to settle. When you execute a sell order the proceeds will first be moved into your Emma Invest Unsettled cash balance for up to 3 working days to settle. Funds in your Unsettled cash balance can be reinvested, however they cannot be withdrawn into your bank account just yet. Once the order is settlFew readers