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Invest in US Stocks

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How It Works
Get started with these easy steps.
Fund Account
Easy and assisted funding. Banks with online remittance available.Read More
Buy and sell stocks
Invest in less than 1 share of your favorite US stocks.
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Frequenty Asked Questions

Where is my US stocks account held? Who is responsible for custody and clearing?

Your brokerage account is managed by Viewtrade Securities (VTS), who works with Apex Clearing corporation for trade clearing and custodian aspects of user accounts.

VTS is registered as a securities broker-dealer with the US, Securities Exchange Commission (“SEC”), (SEC# 8-51605) and is a member of the Financial Industry Regulatory Authority, Inc. (“FINRA”) (CRD# 46987); and Securities Investor Protection Corporation (“SIPC”).

Who owns the shares?

In the US, shares are held in the ‘street name’ by the custodian. You own the shares and all your investments/accounts. The accounts are opened in your name with your credentials and belong solely to you. As per SEC guidelines, you may verify the ownership of your account and shares by contacting ViewTrade at [email protected] for the same.

How to start investing in US stocks on Groww?

It takes 3 easy steps to start your investing journey:

  • Activate: Groww offers instant and free international trading account activation. It takes less than 5 minutes to submit the application.
  • Fund: Add funds in your Groww USD balance by transferring money from your bank to the account of US based beneficiary.
  • Invest: Groww offers fractional share investing which means that you can buy less than one share. We support both, market and limit orders.

How to add USD in Groww balance?

Transfer money from your bank to the account of US based beneficiary - Apex Clearing. Transfers to Apex are completely safe and legitimate. After you initiate the transfer, it will take 2-4 working days for the money to reflect in your USD balance.

Groww is working with various banks to offer completely online remittance. Currently, netbanking remittance is available with ICICI, HDFC, IDFC and Kotak banks. In case your bank does not allow online remittance as of now, you can quickly drop an A2 form in your nearest branch.

What are the USD funding charges?

Groww does not charge anything for funding your USD balance. For any foreign funding transaction, the banks generally charge a forex conversion rate and a service charge plus tax per outward remittance. It can range from Rs. 500 to Rs. 1000, depending on your bank. There are no other hidden charges for funds transfer.

What are the tax implications for US stocks?

Taxation for US stocks is very straight forward. Due to the Double Taxation Avoidance Agreement (DTAA) between India and US there is no tax on capital gains deducted in the US for Indian residents. You will however have to pay for capital gains tax in India based upon long term (above 24 months) and short term (below 24 months) profits for your investments.


Can I use my non-Indian bank account to add USD on Groww?

No, due to compliance reasons, you can only use an Indian bank account to fund USD balance. Please note that the name on your bank account should match that on your PAN card. You can transfer funds using only the bank account which you select during account opening.

Coming to app soon.
US Stocks will be available right on your fingertips on the Groww app soon.
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