Financial Services Authority (FSA ) regulated, License No SD003

FAQ

Frequently Asked Questions

Find answers to the most popular questions



What is a share?

Shares are units of ownership interest in a corporation or financial asset. Profits are equally distributed according to how many shares you own. Profits are paid to shareholders in the form of dividends.


How do I buy or sell shares in localaly listed companies or foreign companies?

You simply need to have a trading account with a brokerage firm like us. Once you fund your account with the relevant amount then you instruct us to buy & sell on your behalf.


How do I buy and sell currencies?

Similarly, to the above answer, you need to have a trading account with a brokerage firm like us, who offers a forex trading platform. Once you fund your account then you can buy and sell currencies at your leisure.


What is Equity?

Equity is the value of the shares issued by a company.


What are indices?

Indices are an indicator or measure of something, and in finance, it typically refers to the calculated value of a group of shares. For example, the Dow Jones Index represents the value of the thrity largest listed American companies on the New York Stock Exchange.


What trading software do you recommend?

We offer various platforms to suit our clients trading requirments. Forex, CFD's and Cryptocurrencies can be traded using our own award winning platform or thru Metatrader 4. For global equities, ETF's and Stocks we provide a seperate platform and for professional traders we have a bespoke solution.


Can I buy shares directly with TropX or do I need a broker?

To be able to buy shares, you need to have a trading account with brokerage firm like us before you can purchase shares listed on TropX.


What is a bear market?

A bear market is the opposite to a bull market. If the markets fall by more than 20% then we have entered a bear market. A bear market is a market showing a lack of confidence. Prices hover at the same price then go down, indices fall too and volumes are stagnant.


What is a bull market?

This is when the market is showing confidence. Indicators of confidence are prices going up, Number of shares traded is also high and even the number of companies entering the stock market show that the market is confident.


What is an ETF?

An exchange-traded fund is an investment fund traded on stock exchanges, much like stocks. An ETF holds assets such as stocks, commodities, or bonds. It is a cheap and simple was to buy a portfolio of shares in one single transaction.


What is Forex?

Forex is the rate of exchange between two currencies, for example One Euro will buy you One US Dollar and 18 US Cents or EUR 1.00 = USD 1.18


How do I invest in shares and stocks?

You simply need to have a trading account with brokerage firm like us, who offers trading shares and stocks services and also managed portfolio's which can be tailored to suit the investors risk level.


What is the minimum amount for investing?

There is no minimum amount as such. But will depend on what you wish to invest in as some products do have a minimum investment amount.


I live outside of Seychelles can I invest and trade?

No matter where in the world you are, you can do all the account registration process online and fund your account from your home country. Thereafter you can invest and trade as you wish.


How do I start investing?

Once you have opened you brokerage account and fund it accordingly, you can instruct us to invest in anything you wish.


What is TropX?

TropX is Seychelles Securities Exchange, it is the only licensed securities exchange in Seychelles and operates markets for the listing and trading of equities, debt, derivatives, Forex products and more.


How do I buy shares on TropX ?

TropX the company does not sell shares but companies listed on the exchange the shares are available to be bought and sold by opening an account with us.


How do I choose a good stockbroker?

Constant Capital is the largest stock broker in the Seychelles and it’s staff and management have vast experience, both locally and internationally.


How do I list my company on the Seychelles Stock Exchange?

Please contact us with your requirements and we can offer advice and present you with a proposal.


What protection do I have?

Both TropX and Constant Capital are regulated by the Financial Service Authority (FSA) for your protection


How do I know what shares to buy and when to sell them?

By monitoring the stock market indices, following international business and economic news and simply by managing your own savings plan. We of course are here to assist you with the process.


What can I do once I login to my account?

Once you login in, you can update your account information and view your transactions and balances.


I forgot my password, what can I do?

On the login page you will see “FORGOT PASSWORD”, you will be asked to fill in your username or account number, then your password will be automatically sent in your email.


How to change the password?

When you are logged into your account, you will see the option to change your password. You can make your changes, then click “Save Changes”.


How to change my personal details?

When you are logged into your account, you will see the option to change your details. You can make your changes, then click “Save Changes”.


How is my personal information safe?

Our website is secured by 2048 bit encryption. We do not share any information to any third-party company.


Can I use my computer to buy and sell shares on the internet?

Once you have logged into your account you can use your computer to send buy and sell instructions to us for us to execute the trades for you.


What does it cost me when buying or selling shares?

We charge 1% on the buyer and 1% on the seller when transacting shares on Trop-X Please request prices for other specific markets you wish to trade.


Is there a fee to open an account?

There is no annual, monthly or account maintenance fee with us. However depending on the product, you choose to invest in their might be some charges.


Are my assets safe?

We use tier 1 custodians and only deal with internationally recognised institutions so yes they are safe.


How much do you charge to dematerialize my shares if I still hold the original paper share certificate?

You have to the contact the company secretary of the company you own shares in and they will do it for you and in return give you a dematerialize receipt.


What financial products/instruments can I buy?

Stocks, ETFs, Bonds, Commodities, Forex, Mutual funds, closed-end mutual funds & real estate investment trusts.


How do I open an account?

You will need to fill in a form here at our office, you will need a proof of address, a recent bank statement and an ID.


What documents are required?

A proof of address, a recent bank statement and an ID in the form of an Identity card, Driving license or Passport.


How do I transfer my shares to my account with Constant capital?

By bringing the Demat receipt from the company you own shares with for locally listed share, otherwise for international shares please contact us


In which markets can I buy shares?

We have access to all market around the world.


Can I trade forex by myself?

For first time clients we will do the trading for you, but you can trade FX yourself using Metastock.


Do you publish market reports?

We produce daily news and monthly financial reports


Do you provide trading tips?

We do provide tips and more to our select clients.


Can I trade crypto currencies?

Yes we currently have six coins that you can trade by using our xTrader 5 platform.


What is binary options trading?

Binary options are a simple way to trade price fluctuations in multiple global markets, It is high risk and a trader needs to understand that. It is a type of option in which the payoff is structured to be either a fixed amount of compensation if the option expires in the money, or nothing at all if the option expires out of the money.