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IB also offers mobile trading apps for both Android and iOS mobile devices. IB's web-based platform, its premiere Trader Workstation (TWS), is one of the best trading platforms in the industry.
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It is considered the top pick among professional stock traders mainly because of its institutional-grade desktop trading platform and low margin rates. Interactive Brokers (IB) is an international online broker based in the U.S. Given below are some of the popular online trading platforms: Most major stockbrokers now have Android and iOS apps for trading services.Ĭurrently, trading access to the Indian financial markets is only available to NRIs and FIIs (Financial Institution Intermediaries). Nowadays, there is an app for almost everything. Whereas for the web-based platform, one can access the login page via web browsers like Firefox or Chrome.
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One needs to install the software on the desktop/ laptop after downloading it from the broker's website. The desktop-based platform is the fastest trading platform among the three trading platforms. One can trade in stocks in 3 different ways: desktop, web, and mobile app. You can buy these ETFs from independent brokerages like Interactive Brokers, TD Ameritrade for a very low commission fee. These are good investment options for foreign investors. Some popular India focused ETFs are:Īnd a popular ETN includes iPath MSCI India ETN (INPTF).
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These indexes are made up of Indian stocks and are already found listed on the NYSE and Nasdaq. ADRs are negotiable certificates issued by a US bank that represent a specified number of shares of a foreign company that are traded in the U.S.
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Some of the publicly traded companies in India have their shares listed on the US and UK stock exchanges via their depositary receipts. While GDRs are listed on the London Stock Exchange (LSE). ADRs are listed on the New York Stock Exchange (NYSE) and the NASDAQ exchange. You may already have access to Indian stock through American depositary receipts (ADRs) or Global depositary receipts (GDRs) through your brokerage firm. Compare the top money transfer companies before sending your money to India to get the best exchange rate and save on transfer fees. Since stocks are traded in the Indian currency, keep in mind the foreign exchange rates. You will need to pay additional commissions fees and currency conversion costs. Through these accounts, Indian investors can also access NSE stocks based on their location.įidelity Investments or Charles Schwab are other brokerage firms that also offer trading services. Non-Resident Indians, as well as resident Indians, have the opportunity to open specific accounts with such brokers. You can open a brokerage account to start buying and selling stock directly from the Indian stock exchange. International brokers such as Interactive brokers having a presence in the NSE allows you to trade in Indian shares, options, futures, indices. You can open an account with any known Indian brokerage firm such as Zerodha, Sharekhan, Motilal Oswal after providing the prerequisites to start trading in the Indian stock market. Securities and Exchange Commission (SEC) or open an account with a SEBI-registered Indian stockbroker. To have access to the Indian stock market from the US, you will have to either open an account with an international brokerage firm regulated by the U.S. The most common choice among investors includes investing in India-focused mutual funds in the US, Exchange-Traded Funds (ETFs), and Exchange-Traded Notes (ETNs) based on Indian stock or American or Global Depositary Receipts (ADRs or GDRs).