how to invest in stock market using INDmoney
INDmoney makes it easy for anyone wanting to start investing in US stocks from India. Their zero-cost structure allows you to start trading without any account opening fees or commission on buying and selling. It takes less than 3 minutes to open a US stocks account with INDmoney.
You can invest directly in fractions of US stocks through INDmoney. This means you can buy small fractions of multiple shares and diversify your portfolio which reduces the market risk.
The interface is easy to use similar to somewhat you are investing in Indian stocks on Zerodha. You can transfer money directly to your US stock trading account (powered by Drivewealth) instantly and free of cost thanks to the IND-SBM savings account. The best part is you can also deposit money in the US trading account via UPI².
You don’t have to pay any brokerage on investing in US stocks through INDMoney. There are no hidden charges on money deposits. You only have to pay INR to USD exchange rates which is a plus point because most apps charge you Rs. 500 to Rs. 1000 as foreign remittance charges per transaction.
Advantages:
Zero cost Trading & Demat Account
Invest in Stocks, Mutual Funds, ETFs and FDs
SIP in Indian Stocks & ETFs
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Charges in US
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