I’m planning to invest in US markets.
Which is best broker platform to do so?
I’m aware of complications such as RBI cap and broker holding the shares. But is there anything else I should be aware of before I start the excercise?
only 2 platforms are there i.e., upstox and groww. Zerodha will also bring it very soon but they are delayed due to no response from rbi on heavy commission on forex money. These charges will demotivate the clients so zerodha is finding a way to bypass this charges with the help of rbi.
Tempted to invest in US Stocks directly? Hold your horses
If you can’t invest at least ₹1 Lakh at a time, you’re doomed to make significant losses the moment you transfer into your US broker a/c. Huge remittance charges (per transaction) is the devil no one talks about.