What is Zesty and how does it work in Chile?
Zesty is a digital investment platform founded in Chile, designed to democratize access to capital markets under the slogan "Investing is easy". Unlike traditional brokers, Zesty offers a minimalist interface where users can buy shares and ETFs from both the United States and the Santiago Stock Exchange starting from very low amounts through fractional investing.
Is Zesty a regulated platform?
Yes, Zesty operates under a security framework that combines local and international regulations. In Chile, Zesty Finance SpA is registered in the Financial Service Providers Registry of the Financial Market Commission (CMF) and has a strategic alliance with the Chilean brokerage Vector Capital. Internationally, user accounts are opened at Alpaca Securities LLC, a U.S. broker-dealer regulated by the SEC and a member of FINRA, which provides SIPC insurance protection (up to USD 500,000) for assets held abroad.
What can you invest in with Zesty?
Zesty stands out for offering a massive catalog of more than 14,000 financial instruments. This includes Wall Street stocks and a broad selection of international ETFs. In the local market, it allows the purchase of Chilean stocks and local ETFs,