Is it legal to trade stocks in USA's stock exchanges as an Indian citizen?

General
93

Any update bro?

94

Update sir ?

95

As said above there is no ETA on this.

96

There is no citizenship necessary for owning stocks of American companies. Some brokerage firms may require non-U.S. residents to provide additional types of identification documents to comply with their policies.

97

Can u give us more information? I’m a bit confused about your broker country origin and the brokerage. Can I contact you personally please?

98

Any update bro ?

99

Nope, no ETA on this.

100

I want to know that whenever Zerodha launch this platform if investor buy stock of US company.

Stock will be purchased in Investor’s name or custodian’s name ?

101

Sir, i am an NRI studying in UK, can I daytrade in the US markets through a margin account, using my NRE bank account?

102

Of course yes. You need to get your identity authenticated and confirmed with some documents and proofs before starting to trade in the US exchange.

103

Me and my friends are waiting eagerly for investing in US stocks from last Nov month ,why this feature is gettting delayed on zerotha ? Please make it happen :pleading_face:

104

Any updates bro ? Like within 2-3 months?

105

Bro, he has already indicated that they are not much interested in providing this feature and also denied giving any estimated time for this. You should move on.

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106

Alright

107

Any update brother ?

108

Whats the update regarding leveraged ETF . Is it still restricted on interactive brokers ? What about webull

109

@nithin hi brother us stocks investment from zerodha when? Are u guys building it or completely stoped the plan plz give me update as I’m using zerodha from 2018 I’m waiting to invest Through ur platform to my convenient

Your early announcements and updates from 2019 made me exited and to wait till now do reply as other platform already started and doing it like groww etc

110

After the introduction of TCS of 20% on foreign remittance for investing in stocks, we have stopped pursuing this opportunity completely. I don’t think retail investors will be okay sending say $100 and have only $80 to invest in the markets and have to wait for over a year to get the TCS refund of the $20 after filing income tax returns. We don’t see this as a viable business opportunity anymore.

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