How to Invest in US stocks from India
While the Indian stock market offers investors plenty of growth prospects, diversifying the portfolio across countries provides the much-needed long-term stability to your stock portfolio. Taking some exposure in the US stock market is highly rewarding in this regard. This article delight comes with all entailing insights on How to Invest in US stocks from India.
Why You should invest in US Stocks !
The US Stock Market return is higher in comparison to the Indian Stock Market. The New York Stock Exchange not only lists corporations in the United States but also companies from throughout the world.
In addition to giving you the edge to diversify your domestic portfolio, the INR-USD exchange rate also plays in favor of Indian investors. A weaker rupee comes as an added advantage but need not be the only reason to buy US stocks. It’s time to gain from a weaker rupee and reap the benefit in the long term.
With Indian stock market , even minor turmoil in the country might cause the indexes to plummet. While, US stock market in the United States is diverse, and it has proven to be resilient in the face of hardship.
How to Invest in US stocks from India
To start investing in US stocks, you need to open an international trading account and have a US bank account abroad. Further, the INR needs to be converted to US dollars (USD) before you buy US stocks listed on US stock exchanges. All these including your KYC formalities can be conducted from here in India through an international brokerage platform operating in India. You also have to adhere to the LRS rules of RBI while sending Indian Rupees (INR) abroad. Too complicated ? We are simplifying it for you. Just follow below steps to steps procedure.
Steps to steps procedure | How to Invest in US stocks from India
Create a US trading account
First you have to identify an appropriate brokerage account for buying the US stocks. To make it easier for you, I highly recommend INDmoney app ( https://indmoney.onelink.me/RmHC/psqo74jv ). The online registration of the account is an easy, simple and a quick process here compared with others. This platform comes with zero fund transfer fee, zero account opening fee, zero balance, and best exchange rates. Once the account is created, your brokerage account also gets created automatically.
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Adding Funds
After the instant & paperless US trading account activation, you are allowed to add funds to your brokerage account.
Start investing in thousands of US stocks !
With $0 commission stock trading, you can start with as little as Rs.100. Interesting point to note here is that unlike Indian Stock Market, US stock market allows you to buy share in fractions. You don’t need to own single full stock of any listed company. After all, owning a single share in Amazon is out of reach for most people. You may buy a piece of the company for as little as Rs 500 or even less. So, as per your convenience you can start investing with a small amount to and construct a diversified portfolio.
Final Takeaway
You may buy individual US stocks such as Apple, Amazon, Google or Facebook or even invest in various ETFs catering to specific sectors or leading US indices. There are ETFs that track Nasdaq 100 and even S&P 500, the two leading US stock market indices in America. It makes sense to invest in the US markets because of its multifold mentioned benefits as mentioned above. But also remember, selection of the right US stock or ETF is the key to make full use of international investing.
Read also : How to select Monopoly Stocks to invest | Delivery Trading Strategy ( https://thebrightdelights.com/how-to-select-monopoly-stocks-to-invest-delivery-trading-strategy/ )
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