You’ve been investing in Indian stocks for a while, but now, you want more. Every time you see the share price of Facebook go up, your heart skips a beat. You really want to buy some American Stocks but, how? You don’t even know whether trading US stocks is possible without an international brokerage account! We at Cube Wealth know that feeling, and we’re here to help. Cube Wealth is the first Indian company that allows investors to diversify with US Equity investments.
In this piece, we’ll tell you how you can buy US Equities and get your hands on some American stocks right here from India! But hold up… first, let’s see why people invest in the US Stock Market in the first place.
Why Do People Invest in the US Stock Market?
Defend Against the Rising Dollar
To Create a Nest Egg
Invest in Companies You Love
Taxes for Investing in the US Stock Market?
So far investing directly in US equities from India was a complicated and painful process. For example, dividends earned by from, the US-listed equity Mutual Funds are subject to a 30% withholding tax. There are also other forex issues and tax laws that might scare you. Luckily, you can easily invest in US stocks using Cube Wealth. A Cube Wealth Coach can guide you through the whole process on a simple chat via the Cube Wealth App. Whether you want to invest in Apple, Microsoft, General Electric or Exxon Mobil, US Equity investments through Cube Wealth is your VISA on arrival.
What Are The Popular US Market Indices?
Just like we have the SENSEX and NIFTY that traded NSE & BSE in India, the US Market has its own indices & stock markets.
The Main Indices are:
DJIA – The Dow Jones Industrial Average
S&P500 -There is also the Standard & Poor’s 500
The companies that collectively make up the S&P 500 and DJIA are then traded on NASDAQ & NYSE which are stock exchanges.
NYSE – New York Stock Exchange is the largest stock exchange in the world.
NASDAQ – National Association of Securities Dealers Automated Quotations is the 2nd largest stock exchange in the world.
How Can You Invest in The US Stock Market From India?
You need a broker to help you trade US stocks from India. You will have to create a trading account with a brokerage house and get your KYC done by giving your PAN, Bank Account, Voter ID, Bank Statement, etc. Post this you’ll need to transfer funds into your account to trade US stocks.
The easiest way to go through all this in a smooth and nearly automated manner is through the Cube Wealth App. Cube’s in-app support will help you through everything.
You can also Email us for free step by step guidance.