Upstox has launched US stock investing on its platform, giving Indian investors access to more than 8,000 US-listed stocks and 2,000 exchange-traded funds through its app. The offering includes global companies such as Apple, Tesla, Amazon, and Google.
The platform allows investors to begin with as little as $1 through fractional investing, enabling them to purchase a portion of a US-listed stock instead of a full share. This lowers the entry point for investors looking to gain exposure to international equities.
Upstox Adds Fractional Investing And US Market Access
Upstox users can fund their accounts through supported Indian bank accounts using Indian rupees, which are converted into US dollars for investing. The platform also supports After Market Orders, allowing users to place orders outside regular US market trading hours.
The US stocks offering expands Upstox’s existing wealth management services, which include Indian equities, derivatives, mutual funds, IPOs and insurance. The company said international investing can give Indian investors exposure to sectors including artificial intelligence, space exploration and other emerging technologies.
US Stock Investing In India Under RBI LRS Rules
Upstox said investments in US stocks from India are available under the Reserve Bank of India’s Liberalised Remittance Scheme. Under the LRS, resident individuals can remit up to $250,000 per financial year for permitted purposes, subject to applicable rules.
The launch also gives Indian investors another route to geographical and currency diversification through international equities. Upstox joins a growing segment of investment platforms offering Indian users access to US-listed companies and global ETFs.
FAQs
- What is Upstox US stocks investing?
Upstox US stocks investing allows Indian investors to invest in US listed stocks and ETFs through the Upstox platform.
- Can I buy US stocks from India through Upstox?
Yes, Indian investors can buy US stocks through Upstox and gain exposure to companies listed in the US market.
- How many US stocks are available on Upstox?
Upstox offers access to more than 8,000 US listed stocks along with 2,000 ETFs.
- What is the minimum amount needed to invest in US stocks through Upstox?
Investors can start with as little as $1 through fractional investing, which allows them to buy a portion of a US stock.
