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INDmoney US Stocks

INDmoney · indmoney.com Freemium Beginner India

INDmoney's US stocks account, regulated by IFSCA through GIFT City: buy US stocks and ETFs from $1 with a free account, 0.25% brokerage per trade and a 0.5% to 1.2% forex conversion charge from the bank, with zero TCS up to Rs 10 lakh a year.

  • Start with $1; account opening is free.
  • Brokerage is 0.25% per trade, plus the bank's 0.5% to 1.2% forex charge.
  • TCS is zero up to Rs 10 lakh a year and 20% above, adjustable against your tax.

Curated reading that points you to the sources, not personalised investment advice.

The question it answers

  1. Which app should I use to invest in Indian and US stocks?

Read with it

  1. The free, India-first grounding in what to do with cash once you have it: goals, allocation, SIPs, and not losing it to fees. Zerodha Varsity Course Personal Finance Zerodha Varsity
  2. What a resident has to report about foreign shares, accounts and income in Schedule FA, and what happens if they do not. ClearTax Article Disclosure of foreign assets in your income tax return ClearTax
  3. Zerodha's own price list: equity delivery is free (Rs 0 brokerage), intraday trades cost Rs 20 or 0.03% per order, whichever is... zerodha.com Tool Zerodha brokerage charges Zerodha
  4. Groww's price list: Rs 0 account opening and maintenance, equity brokerage of Rs 20 or 0.1% per executed order, whichever is... groww.in Tool Groww brokerage and charges Groww
  5. The RBI's own FAQs on the Liberalised Remittance Scheme, under which a resident individual can send up to USD 2,50,000 a year... rbi.org.in Article Liberalised Remittance Scheme (LRS): FAQs Reserve Bank of India
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