Top 5 brokers that allow buying US stocks in India
There are multiple national brokers that allow investing in the US Stock Market. 1. INDMoney 2. Groww 3. ICICI Direct 4. Angel One 5. Upstox
You can easily invest in the US Stock Market in two different ways -
- Direct investment in stocks.
- Indirect investment in stocks via mutual funds or ETFs.
There are multiple national brokers that allow investing in the US Stock Market. In this article, we will cover these brokers in detail.
Which Indian broker allows to buy US stocks?
Here are a few brokers that allow investing in US Stocks from India
- INDMoney - https://www.indmoney.com/
- Groww - https://groww.in/
- ICICI Direct - https://www.icicidirect.com/
- Angle One - https://www.angelone.in/
- Upstox - https://upstox.com/
Can I use Zerodha to buy US stocks?
You can buy stocks from Indian stock market through Zerodha. But the answer is NO for US stocks. Zerodha Kite does not allow you to trade directly in the US stock market.
How can I start investing in US stocks on Groww?
You can start investing in US stocks in 3 easy steps:
- Activate: Groww offers instant and free international trading account activation. It takes less than 5 minutes to submit the application.
- Fund: Add funds to your Groww USD balance by transferring money from your bank account to the account of the US-based beneficiary.
- Invest: Groww offers fractional share investing, which means that you don’t have to buy whole shares if you don’t want to, and you can buy even less than one share if you want to. We support both, market and limit orders.
Can I buy US stocks from INDmoney?
You can directly invest in US stocks and Exchange-Traded Funds (ETFs) through platforms like INDmoney. Here are 3 simple steps to invest in US stocks from INDMoney.
To start investing in the US stock market from India, Create a Free US stock A/C in 2 Mins with INDmoney. Fractional Investing. Fastest remittance.
- Complete your KYC process
- Transfer funds to your US stocks a/c
- Invest in your favourite US stocks
INDmoney has made our investment journey really exciting. 🤩
You'll also love its awesome features🚀
✨Real-time price alerts on US Stocks
✨Create Watchlists for your fav stocks
✨SIP based investments in US Stocks
Best brokers to invest in US stocks from India in 2024
Below are the best international brokers that you can invest in US stocks from -
- Interactive Brokers - Best broker to invest in US stocks from India in 2024. Low trading fees and high interest on cash balances. Wide range of products. Many great research tools.
- Saxo Bank - Great trading platform. Outstanding research. Broad product portfolio. Interest paid on uninvested cash.
- Zacks Trade - Low fees. Extensive stock and ETF selection. Great customer service.
- MEXEM - Low stock and ETF fees. Wide range of products. Many great research tools.
- CapTrader - Low stock and ETF fees. Wide range of products. Many great research tools. Pays interest on uninvested cash.
Can I buy shares in NASDAQ from India?
The short answer is - Yes you can. You are eligible to trade ETFs if you have a Demat account with any brokerage house. Many ETFs provide access to NASDAQ and various other important international indices. You can use a domestic or international broker and an Indian ETF of a worldwide index to purchase US ETFs.
Summary
By allowing yourself to buy US stocks like INDMoney or Groww, you are able to get an additional element of diversification to your portfolio. I hope you liked this article.
Happy Investing 😀