Zerodha Launches US Stock Investing, Offers Access To 2,000 Stocks
India, Oct. 19 -- Discount brokerage Zerodha has launched US stock investing in beta mode on its Kite platform, allowing Indian investors to buy shares of US-listed companies and exchange-traded funds (ETFs) through their existing accounts.
The offering provides access to up to 2,000 US-listed companies and around 1,000 ETFs. It also supports fractional investing, allowing users to invest in a portion of a share with investments starting at $1.
Resident Indian individuals can activate the international investing segment through Kite without opening a separate demat account and transfer funds from their linked Indian bank accounts to a dollar-denominated wallet.
Users can fund their dollar-denominated wallets through netbanking from lin...
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