Published on Friday, April 4, 2025 by Chittorgarh.com Team
INDmoney Account Opening
Free A/c opening with no AMC| Trade at flat ₹20 per trade| ₹0 commission on Mutual FundsOpen a lifetime Free account now.
INDmoney offers many features for investing in US stocks, including:
Three steps to start your US stock investment journey with INDmoney:
INDmoney US Stock Global Access allows you to access and invest in the US stock market from India. Your US Stocks 'Global access' accounts are set up with regulated brokers like DriveWealth LLC and Alpaca Securities LLC, which are regulated by the SEC and FINRA, ensuring secure investments. The pricing effective 12 Dec 2024 is as follows:
|
Account Opening Fees |
₹ 0 |
|
Account Maintenance Charges |
₹ 0 |
|
US Stock Deposit |
₹ 0 (platform fee) |
|
US Stocks Withdrawals |
₹ 0 |
|
0.25% per transaction with a maximum of $25, excluding GST |
|
|
SIP in US Stock and ETFs |
₹ 0 |
|
Tracking Charges |
₹ 0 |
|
Profile Verification |
₹ 0 |
INDmoney US Stock Direct Access allows you to access and invest in the US stock market from India. INDmoney users can open free trading and Demat accounts with NSEIX and IIDI through the INDmoney platform, allowing them to buy US stocks listed on NSEIX directly.
The charges for INDmoney Direct Access accounts are as follows:
|
Account Opening Fees |
₹ 0 |
|
Account Maintenance Charges |
₹ 0 |
|
US Stock Deposit |
₹ 0 (platform fee) |
|
US Stocks Withdrawals |
₹ 0 |
|
Brokerage Charges |
₹ 0 on all US Trades |
|
SIP in US Stock and ETFs |
₹ 0 |
|
Tracking Charges |
₹ 0 |
|
Profile Verification |
₹ 0 |
NSEIX- The NSE International Exchange (NSE IX) is a multi-asset platform for trading securities in various currencies. A subsidiary of the National Stock Exchange of India Limited (NSE), NSEIX offers trading in indices, currencies, commodity derivatives and global equities.
IIDI - India International Depository IFSC Limited (IIDI) is a foreign depository that enables investors to trade in securities at the International Financial Services Centre (IFSC) in Gandhinagar, the GIFT City of Gujarat. It serves global investors and operates under the supervision of the International Financial Services Centres Authority (IFSCA).
The table below shows a summary of the taxation on capital gains made on US stocks invested in India:
|
Type of Income |
Tax in the US |
Tax in India |
Holding Period |
Tax Rate in India |
|
STCG |
NA |
YES |
Less than 24 months |
Taxed at applicable income slab rate |
|
LTCG |
NA |
YES |
More than 24 |
Taxed at 12.5% plus applicable surcharge and cess |
Note: Indian residents are prohibited from intraday trading or derivative trading in US stocks due to regulatory restrictions.
Invest in US stocks starting at $1 (about ₹84). This offers fractional ownership of popular stocks and ETFs like Apple, Netflix, Google, and Microsoft.
Yes, investing in US equities via INDmoney is safe. Accounts for direct access are set up with INDmoney Global IFSC (Private) Limited, a registered NSE IX member regulated by IFSCA in Gift City, India.
Your 'Global Access' stock accounts are with U.S. brokers like DriveWealth LLC and Alpaca Securities LLC, regulated by the SEC and FINRA. Investments are protected by SIPC up to $500,000, including $250,000 for cash claims.
Investing in US stocks through INDmoney is highly affordable and competitive in the industry, with minimal fees:
Yes, Indian residents get dividends on US stocks credited to their US wallets for free.
For example, if Apple declares a dividend of $1 per share and you own 0.5 shares, your dividend will be $0.5. However, this is subject to a 25% withholding tax in the US, you effectively only receive $0.375 per share.;
You can claim this withheld amount as a foreign tax credit in India. You can use these dividends to buy more US shares or transfer the money to your Indian savings account.
Placing a Buy Order for US Stocks
Invest in US stocks with as little as $1
Placing a sell order for US Stocks:
Process for Withdrawing Money from Your US Stocks Wallet to Your Indian Bank Account:
The withdrawal will be credited to your Indian bank account within 3-5 days.
