Zerodha opens US stock market to Indians with new rules and trading limits
- Zerodha launched a beta facility for Indians to invest in US stocks through its Kite platform on October 19.
- Users can access around 2,000 US-listed companies and 1,000 exchange-traded funds ETFs through the facility.
- • Investors can buy fractional shares starting at $1, but only delivery trades are allowed, with no intraday or margin trading.
- The facility is open to resident Indians with individual Zerodha accounts, while non-resident Indians NRIs and joint accounts are excluded.
Source: moneycontrol.com
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