Stokk is a social investing app, not social trading. Social trading generally means following or copying other people’s trades (copy trading). Stokk does not do that. In Stokk you talk about investments, but you do not trade.
What Stokk is and is not
| Question | Stokk |
|---|---|
| Can you buy or sell securities through the app? | No, Stokk is not a trading platform and does not place orders |
| Is there copy trading? | No |
| Is Stokk a broker? | No |
| Does Stokk give investment recommendations or buy/sell signals? | No, Stokk is not investment advice |
| Does Stokk manage money? | No. Stokk does not collect payment or credit card data |
| What is it about? | Track your portfolio, share it with friends, compare in percent, talk |
| Can others see my euro amounts? | Not with “Hide amounts” (on by default) |
What you do in Stokk
You enter your positions yourself and follow how they do. Friends see your portfolio, without euro amounts if you want. The leaderboard compares in percent (Compare your portfolio with friends). On top of that there are the feed, chat and communities.
When Stokk fits
Stokk fits if you want to talk about investing and compare with friends. If you want to place orders or copy strategies, Stokk is the wrong tool. The app is not built for that.
More context: Social investing app and No investment advice.
Frequently asked questions
Is Stokk social trading?
No. Stokk is a social investing app. There is no copy trading, no trading and no orders. You talk with friends and compare portfolios in percent.
Can I have other people's positions copied in Stokk?
No. Stokk does not copy positions and does not place orders. The app shows what you and your friends hold.
Is Stokk a broker?
No. Stokk is not a broker or a trading platform. Positions and savings plans are entries you keep yourself.