{"id":332249,"date":"2026-10-29T14:21:31","date_gmt":"2026-10-29T08:51:31","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=332249"},"modified":"2026-10-29T14:21:31","modified_gmt":"2026-10-29T08:51:31","slug":"us-stock-investing-for-indians-as-zerodha-and-the-largest-broker-open-access-costs-rules-risks-and-rewards","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/us-stock-investing-for-indians-as-zerodha-and-the-largest-broker-open-access-costs-rules-risks-and-rewards\/","title":{"rendered":"US Stock Investing for Indians: As Zerodha and the Largest Broker Open Access, the Costs, Rules, Risks and Rewards"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>In October 2026 Zerodha began a phased beta of US stock investing on Kite, with about 2,000 US stocks and about 1,000 ETFs, fractional buying from $1 and brokerage of 0.1% per order capped at $10, while the largest Indian broker by active clients opened US access to all its users.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">US stock investing for Indians means buying American shares and ETFs through an Indian broker, using the Liberalised Remittance Scheme (LRS) to send money abroad. Zerodha routes orders through India INX Global Access at GIFT City, and holdings sit with a US brokerage partner and not in an Indian demat account. A trade costs brokerage of 0.1% plus a forex markup that I estimate at 0.5% to 1.2% each way, so a round trip on $1,000 could cost about $12 to $26. This article is educational and not a recommendation to buy any stock.<\/p>\n<\/p><\/div>\n<p>Interest in US stock investing is rising because the Nifty is down about 13% since January while the S&#038;P 500 is up more than 12%, and foreign portfolio investors have pulled a record $32.5 billion from Indian equities this year, per NSDL data. This article explains how the new access works, what it costs, the rules to know, and the risks and rewards.<\/p>\n<p>Three flags. The figures come from secondary reports, not from the brokers&#8217; own pages, so check the current terms before acting. I did not verify the LRS and tax collected at source (TCS) thresholds against the RBI or the tax rules. The cost illustration is my own calculation and not a broker quote. It is educational and not advice.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=us-stock-investing-for-indians-as-zerodha-and-the-largest-broker-open-access-costs-rules-risks-and-rewards\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/us-stock-investing-for-indians-as-zerodha-and-the-largest-broker-open-access-costs-rules-risks-and-rewards\/#How_US_Stock_Investing_Through_Indian_Brokers_Works\" title=\"How US Stock Investing Through Indian Brokers Works\">How US Stock Investing Through Indian Brokers Works<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/us-stock-investing-for-indians-as-zerodha-and-the-largest-broker-open-access-costs-rules-risks-and-rewards\/#Which_Brokers_Offer_US_Stock_Investing_Now\" title=\"Which Brokers Offer US Stock Investing Now\">Which Brokers Offer US Stock Investing Now<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/us-stock-investing-for-indians-as-zerodha-and-the-largest-broker-open-access-costs-rules-risks-and-rewards\/#What_US_Stock_Investing_Costs_A_Worked_Illustration\" title=\"What US Stock Investing Costs: A Worked Illustration\">What US Stock Investing Costs: A Worked Illustration<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/us-stock-investing-for-indians-as-zerodha-and-the-largest-broker-open-access-costs-rules-risks-and-rewards\/#Rules_for_US_Stock_Investing_LRS_TCS_and_Taxes\" title=\"Rules for US Stock Investing: LRS, TCS and Taxes\">Rules for US Stock Investing: LRS, TCS and Taxes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/us-stock-investing-for-indians-as-zerodha-and-the-largest-broker-open-access-costs-rules-risks-and-rewards\/#A_Checklist_Before_You_Begin\" title=\"A Checklist Before You Begin\">A Checklist Before You Begin<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/us-stock-investing-for-indians-as-zerodha-and-the-largest-broker-open-access-costs-rules-risks-and-rewards\/#Rewards_of_US_Stock_Investing\" title=\"Rewards of US Stock Investing\">Rewards of US Stock Investing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/us-stock-investing-for-indians-as-zerodha-and-the-largest-broker-open-access-costs-rules-risks-and-rewards\/#Risks_of_US_Stock_Investing\" title=\"Risks of US Stock Investing\">Risks of US Stock Investing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/us-stock-investing-for-indians-as-zerodha-and-the-largest-broker-open-access-costs-rules-risks-and-rewards\/#Conclusion_Weigh_the_Costs_Before_US_Stock_Investing\" title=\"Conclusion: Weigh the Costs Before US Stock Investing\">Conclusion: Weigh the Costs Before US Stock Investing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/us-stock-investing-for-indians-as-zerodha-and-the-largest-broker-open-access-costs-rules-risks-and-rewards\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/us-stock-investing-for-indians-as-zerodha-and-the-largest-broker-open-access-costs-rules-risks-and-rewards\/#What_is_US_stock_investing_through_an_Indian_broker\" title=\"What is US stock investing through an Indian broker?\">What is US stock investing through an Indian broker?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/us-stock-investing-for-indians-as-zerodha-and-the-largest-broker-open-access-costs-rules-risks-and-rewards\/#How_much_does_US_stock_investing_cost_on_Zerodha\" title=\"How much does US stock investing cost on Zerodha?\">How much does US stock investing cost on Zerodha?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/us-stock-investing-for-indians-as-zerodha-and-the-largest-broker-open-access-costs-rules-risks-and-rewards\/#Can_NRIs_use_the_new_US_stock_investing_facility\" title=\"Can NRIs use the new US stock investing facility?\">Can NRIs use the new US stock investing facility?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/us-stock-investing-for-indians-as-zerodha-and-the-largest-broker-open-access-costs-rules-risks-and-rewards\/#What_is_the_LRS_limit_for_US_stock_investing\" title=\"What is the LRS limit for US stock investing?\">What is the LRS limit for US stock investing?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/us-stock-investing-for-indians-as-zerodha-and-the-largest-broker-open-access-costs-rules-risks-and-rewards\/#Can_I_trade_intraday_or_use_margin_in_US_stock_investing_on_Zerodha\" title=\"Can I trade intraday or use margin in US stock investing on Zerodha?\">Can I trade intraday or use margin in US stock investing on Zerodha?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/us-stock-investing-for-indians-as-zerodha-and-the-largest-broker-open-access-costs-rules-risks-and-rewards\/#What_are_the_main_risks_of_US_stock_investing\" title=\"What are the main risks of US stock investing?\">What are the main risks of US stock investing?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/us-stock-investing-for-indians-as-zerodha-and-the-largest-broker-open-access-costs-rules-risks-and-rewards\/#Is_this_US_stock_investing_article_a_recommendation\" title=\"Is this US stock investing article a recommendation?\">Is this US stock investing article a recommendation?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/us-stock-investing-for-indians-as-zerodha-and-the-largest-broker-open-access-costs-rules-risks-and-rewards\/#Is_this_article_investment_advice\" title=\"Is this article investment advice?\">Is this article investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"How_US_Stock_Investing_Through_Indian_Brokers_Works\"><\/span><strong>How US Stock Investing Through Indian Brokers Works<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">US stock investing: item<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Zerodha (beta on Kite)<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rollout<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Phased, with users joining a queue through an Enable US stocks option<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Routing<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">India INX Global Access, the BSE-promoted exchange at GIFT City IFSC<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Where holdings sit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">With a US brokerage partner, not in an Indian demat account<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Universe<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 2,000 US stocks and about 1,000 ETFs<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Buying options<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Fractional shares from $1, SIPs and delivery-based investing<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Not offered<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Intraday, margin trading and US IPOs<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Eligible users<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Resident individuals; NRIs and non-individuals are excluded<\/td>\n<\/tr>\n<\/table>\n<p>In US stock investing through GIFT City, your rupees are converted to dollars under the LRS, the order is placed on a US exchange through the partner, and the shares are held abroad in your name. That differs from buying an Indian-listed fund that tracks US stocks, which stays inside the Indian system.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Explore stocks and market tools on Univest<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Which_Brokers_Offer_US_Stock_Investing_Now\"><\/span><strong>Which Brokers Offer US Stock Investing Now<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">US stock investing: broker<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Status (as reported 28 to 29 Oct 2026)<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Universe and cost<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">The largest broker by active clients (about 29% of roughly 46 million active clients)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Open to all users after a phased rollout earlier in October<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Over 10,000 US stocks and ETFs through an IFSC subsidiary; fractional; brokerage 0.1%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Zerodha (about 15% of active clients)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Beta, rolling out in phases<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 2,000 stocks and about 1,000 ETFs; brokerage 0.1% capped at $10<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Angel One (about 6.7 million active clients)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Phased, with wider access by mid-November<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Brokerage waived until December 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Upstox<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Live<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Over 8,000 stocks and over 2,000 ETFs<\/td>\n<\/tr>\n<\/table>\n<p>I do not name the largest broker because I could not confirm its terms on its own page, and its numbers here are from a trade report. Early demand, per that broker&#8217;s co-founder, has centred on Nvidia, SpaceX, Apple, Alphabet, Amazon, Micron and Meta, which shows how concentrated US stock investing interest already is.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track US-linked stocks and Indian market news.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_US_Stock_Investing_Costs_A_Worked_Illustration\"><\/span><strong>What US Stock Investing Costs: A Worked Illustration<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">US stock investing: cost item<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Assumption on $1,000<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Amount each way<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Brokerage (0.1%)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Below the $10 cap<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About $1<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Forex markup (0.5% to 1.2% over the RBI reference rate)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Depends on the broker and day<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About $5 to $12<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Total per trade<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Brokerage plus markup<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About $6 to $13<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Round trip (buy and sell)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Two trades<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About $12 to $26, or 1.2% to 2.6%<\/td>\n<\/tr>\n<\/table>\n<p>This illustration is mine, built from the reported brokerage and markup ranges. It leaves out TCS, bank charges, custody or platform fees and taxes, and the markup may apply on conversion both ways. The point is that US stock investing has a visible cost drag, so a small gain can vanish after a round trip.<\/p>\n<p>A fractional buy of $1 or $10 can look attractive, but fixed charges on small orders weigh more. On a $10 order the 0.1% brokerage is one cent, yet a bank charge or a minimum fee, if any, would matter far more, so check the schedule before you start.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Rules_for_US_Stock_Investing_LRS_TCS_and_Taxes\"><\/span><strong>Rules for US Stock Investing: LRS, TCS and Taxes<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">US stock investing: rule<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">What the reports say<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Status<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">LRS limit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">$250,000 per resident individual per financial year<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Not verified against the RBI<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">TCS on remittance<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">May apply above a threshold set by the tax rules<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Threshold not verified<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Dividends<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">US withholding applies, with treaty credit possible in India<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Check with a tax adviser<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Capital gains<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Treated differently from Indian-listed equity<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Check current holding-period rules<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Foreign asset reporting<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Required in the income tax return, with penalties for missing it<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Check current rules<\/td>\n<\/tr>\n<\/table>\n<p>These items matter as much as the brokerage. In US stock investing you are an owner of foreign assets, so reporting duties apply even for small holdings. Tax treatment differs from Indian equity, and I have not confirmed the thresholds, so speak to a chartered accountant before you invest.<\/p>\n<p>Break-even is a useful way to see the cost. If a round trip costs 1.2% to 2.6% in my illustration, a US stock must rise by at least that much before the investor is ahead, before any tax. A long holding period spreads the cost over more years, while frequent trading multiplies it, which is why the unavailable intraday option may suit most investors.<\/p>\n<p>Compare this with buying Indian-listed funds that track US indices. Those stay inside the Indian system, with no LRS use and no foreign asset reporting, but they carry their own expense ratios and limits. For US stock investing in individual shares, the direct route gives more choice, and also more paperwork.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"A_Checklist_Before_You_Begin\"><\/span><strong>A Checklist Before You Begin<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li><strong>Read the terms.<\/strong> Confirm the brokerage, the forex markup, any account or custody fee, and whether your broker is live or still in a phased queue.<\/li>\n<li><strong>Check your LRS use.<\/strong> Add up what you have already remitted abroad this financial year, including travel, education and gifts, since the cap covers all of it.<\/li>\n<li><strong>Plan the tax side.<\/strong> Ask a chartered accountant how dividends, capital gains and foreign asset reporting will apply to you.<\/li>\n<li><strong>Start small.<\/strong> Use fractional buying and SIPs to test the process, the timing and the costs before committing a larger amount.<\/li>\n<li><strong>Set a limit.<\/strong> Decide how much of your portfolio can sit in foreign assets and in any single stock, and keep to it.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Rewards_of_US_Stock_Investing\"><\/span><strong>Rewards of US Stock Investing<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li><strong>Diversification.<\/strong> US stock investing gives exposure to companies and sectors that are thin on Indian exchanges, such as large AI and semiconductor firms.<\/li>\n<li><strong>Currency effect.<\/strong> If the rupee weakens against the dollar, dollar assets gain in rupee terms, though the effect can also reverse.<\/li>\n<li><strong>Recent returns.<\/strong> The S&#038;P 500 is up more than 12% this year while the Nifty is down about 13%, though recent returns do not predict future ones.<\/li>\n<li><strong>Small entry size.<\/strong> Fractional buying from $1 lets a beginner start with a small amount, and SIPs spread the entry over time.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Risks_of_US_Stock_Investing\"><\/span><strong>Risks of US Stock Investing<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li><strong>Currency risk.<\/strong> A stronger rupee cuts your rupee return, and forex spreads apply both on entry and exit.<\/li>\n<li><strong>Concentration.<\/strong> Early interest centres on a few technology names, and US stock investing in a handful of stocks can lose heavily in one correction.<\/li>\n<li><strong>Valuations.<\/strong> After a strong year, US share prices may already reflect optimism, so a fall in earnings expectations can hit prices hard.<\/li>\n<li><strong>Custody and access.<\/strong> Shares sit with an overseas partner, not in an Indian demat, so you rely on the broker and the partner for records and recovery.<\/li>\n<li><strong>Timing and rules.<\/strong> US markets trade at night in India, and the regulator could tighten limits on LRS or outward investment.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion_Weigh_the_Costs_Before_US_Stock_Investing\"><\/span><strong>Conclusion: Weigh the Costs Before US Stock Investing<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>US stock investing is now easier for Indians, but easier access does not make it lower-cost, safer or tax-free. Compare broker terms, count the forex cost, understand the LRS and tax duties, and size the amount to your own risk limits and goals.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_US_stock_investing_through_an_Indian_broker\"><\/span><strong>What is US stock investing through an Indian broker?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> It means buying US shares and ETFs through an Indian broker using the LRS. Zerodha routes orders via India INX Global Access at GIFT City, and the holdings sit with a US brokerage partner, not in an Indian demat account.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_does_US_stock_investing_cost_on_Zerodha\"><\/span><strong>How much does US stock investing cost on Zerodha?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Reports give brokerage of 0.1% per order capped at $10, plus a forex markup of 0.5% to 1.2% over the RBI reference rate. My estimate for a $1,000 round trip is about $12 to $26, excluding taxes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_NRIs_use_the_new_US_stock_investing_facility\"><\/span><strong>Can NRIs use the new US stock investing facility?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Not on Zerodha&#8217;s beta. It is for resident individuals only, and NRIs and non-individual accounts are excluded. Other brokers may differ, so check their terms.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_LRS_limit_for_US_stock_investing\"><\/span><strong>What is the LRS limit for US stock investing?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Reports say $250,000 per resident individual per financial year. I did not verify this or the TCS thresholds against the RBI or tax rules, so confirm them before you send money abroad.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_I_trade_intraday_or_use_margin_in_US_stock_investing_on_Zerodha\"><\/span><strong>Can I trade intraday or use margin in US stock investing on Zerodha?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. Zerodha&#8217;s beta excludes intraday, margin trading and US IPOs, and supports delivery-based buying, fractional shares from $1 and SIPs. Other brokers may differ.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_main_risks_of_US_stock_investing\"><\/span><strong>What are the main risks of US stock investing?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Currency moves, forex spreads, overseas custody, night-time trading hours, concentration in a few technology stocks, high valuations and possible regulatory tightening. Foreign asset reporting also carries penalties if missed.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_US_stock_investing_article_a_recommendation\"><\/span><strong>Is this US stock investing article a recommendation?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. It explains how access works and what it costs. Investing abroad carries risk, so check the current terms and tax rules and consider a SEBI-registered adviser.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_article_investment_advice\"><\/span><strong>Is this article investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. It is educational and not a recommendation to buy or sell. Please check the figures against company filings and your own risk profile before you act on anything you read here.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is US stock investing through an Indian broker?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It means buying US shares and ETFs through an Indian broker using the LRS. 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I did not verify this or the TCS thresholds against the RBI or tax rules, so confirm them before you send money abroad.\"}},{\"@type\":\"Question\",\"name\":\"Can I trade intraday or use margin in US stock investing on Zerodha?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. Zerodha's beta excludes intraday, margin trading and US IPOs, and supports delivery-based buying, fractional shares from $1 and SIPs. Other brokers may differ.\"}},{\"@type\":\"Question\",\"name\":\"What are the main risks of US stock investing?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Currency moves, forex spreads, overseas custody, night-time trading hours, concentration in a few technology stocks, high valuations and possible regulatory tightening. 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Please check the figures against company filings and your own risk profile before you act on anything you read here.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>US stock investing opens to Indians as Zerodha and the largest broker launch access: how it works, a cost illustration, LRS and tax rules, plus the risks and rewards.<\/p>\n","protected":false},"author":38,"featured_media":332248,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[18166,18163,18162,18161,18164,18159,18160,18165,18157,18158],"class_list":["post-332249","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-angel-one-us-stocks","tag-forex-markup-us-stocks","tag-fractional-us-shares","tag-gift-city-us-stocks","tag-india-inx-global-access","tag-invest-in-us-stocks-from-india","tag-lrs-limit","tag-us-etfs-india","tag-us-stock-investing","tag-zerodha-us-stocks"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["332248"],"rank_math_title":["US Stock Investing for Indians: Zerodha Launch, Costs, Risks"],"rank_math_description":["US stock investing opens to Indians as Zerodha and the largest broker launch access: how it works, a cost illustration, LRS and tax rules, risks and rewards explained."],"rank_math_focus_keyword":["US stock investing"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/us-stock-investing-for-indians-as-zerodha-and-the-largest-broker-open-access-the.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/332249","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=332249"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/332249\/revisions"}],"predecessor-version":[{"id":332250,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/332249\/revisions\/332250"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/332248"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=332249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=332249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=332249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}