Can I buy international stocks on Groww? | Groww (2024)

FAQs

Can I buy international stocks on Groww? | Groww? ›

Yes, you can buy international (US) stocks on Groww

Indian residents are also permitted to invest in foreign stocks through the international stock exchange established in IFSC.

Investors can access foreign stocks via ADRs, GDRs, direct investing, mutual funds, ETFs, and MNCs. Buying foreign stocks allows investors to diversify their portfolio's risk, in addition to giving them exposure to the growth of other economies.

Opening an Overseas Trading Account with a Foreign Broker

You can also open an overseas trading account directly with a foreign broker with a presence in India. Some such brokerages are Charles Schwab, Ameritrade, Interactive Brokers, etc. Ensure that you understand the fees and charges before opening the account.

Yes, Indians can invest in the US stock market. There is more than one way to buy and hold US stocks in your portfolio. Direct equities, ETFs, and mutual funds are just one of the few popular options. You can invest in US stocks in two ways from India – indirect and direct.

At present, Zerodha does not facilitate investments in stocks listed on foreign stock exchanges. Still need help?

You can do so from anywhere in the world. You should invest in mutual funds using our platform – groww. In. We at Groww offer a platform to research, buy, track, and sell mutual funds.

You can opt for foreign brokers like Ameritrade, Charles Schwab and others that have an Indian presence to start directly investing in the US stock market. NSE IFSC - You can also trade US stocks through the NSE IFSC, a wholly-owned subsidiary of the National Stock Exchange (NSE).

Does Robinhood trade international stocks? ›

You can invest in over 5,000 securities with Robinhood Financial, including most U.S. stocks and exchange-traded funds (ETFs) listed on U.S. exchanges. We're also excited to offer options trading and access to over 650 global stocks through American Depositary Receipts (ADRs).

No. Unfortunately, we do not open accounts for any new customers residing outside the United States.

What you can do. Trade in 25 countries with the flexibility to settle in either U.S. dollars or the local currency. Exchange between 16 different currencies, offering you the potential to capitalize on foreign exchange fluctuations. Trade domestic and international stocks in a single account.

Accounts are restricted to the US and main island residents: Fidelity accounts are only available to people who are residents of the U.S. or one of its main islands, Guam, Puerto Rico, and the U.S. Virgin Islands.

Indian investors are subject to a flat tax rate of 25% on earnings from dividends of US stocks, which is comparatively lower than the tax treatment for other foreign investors due to the US-India tax treaty.

Overseas Assets –

You will not be liable to pay tax. As an NRI returning to India, you can also continue to hold your foreign earnings, foreign securities, and immovable property outside India if it was acquired when you were a resident outside India. The income from such investments can also be retained outside India.

US-based NRIs are allowed by US regulations to trade and invest in Indian stock markets along with other countries. Indian regulations allow NRIs to trade and invest in specific securities with some regulatory restrictions. So, US NRIs can trade and invest in Indian stock markets.

Can a non Indian buy stocks in India? ›

A trading account enables the NRI to carry out sales and purchase transactions in the stock market, and the Demat Account is to hold the shares in an electronic form. Both these accounts are to be linked to a PIS-enabled NRE (Non-Resident External) account or NRO (Non-Resident Ordinary) account.

Things You Should Know Before Trading On NSE IFSC

DRs allow investors to hold equity shares of foreign companies without the need to trade directly on a foreign stock exchange.

Yes, you can buy international (US) stocks on Groww. Log in to your Groww account. Below explore button, click on the US stocks button and start investing as per your choice of stocks.

Mauritius, Singapore, the U.S., the Netherlands, Japan, the U.K., Germany, and the United Arab Emirates are the main investing countries in India. Investments were mainly oriented towards services, computer software and hardware, telecommunications, trade, the automobile industry, construction, and chemicals.

To access our markets, you need to get in touch with a stockbroker. We have a directory of UK brokers who are members of London Stock Exchange. Use our Find a Broker service to find the most suitable broker for your requirements. Specific offering information can be found directly on brokers websites.