TCS: a timing cost, not a fee
Above ₹10 lakh of cumulative LRS remittance in a financial year, 20% is collected at source. It is credited against your tax when you file your return; until then the money is out of your hands.
How TCS is creditedUS equities & ETFs · for residents of India
Owning US stock from India, start to finish.
You are allowed to. The Reserve Bank’s Liberalised Remittance Scheme lets a resident individual send up to $250,000 abroad each financial year, across all permitted purposes combined, from their own funds; investing in listed overseas securities is one of the permitted purposes.
Know the trading charges, before you trade.
The schedule is published in full before you trade. Your bank’s currency conversion is not included — the rate and margin are set by your remitting bank, not by us.
Brokerage0.29% per transactionMinimum $1 per order
IGST18% on brokerageIndian residents
IFSCA turnover fee$0.00005 per $1 tradedBoth buy and sell
SEC fee$0.0000206 per $1 tradedSell orders only
FINRA transaction fee$0.000195 per share soldSell orders only
Below about $345 a trade, the US$1 minimum per trade, plus IGST, is larger than 0.29% and becomes the cost that matters: a very small order pays proportionally more than a larger one.
And the parts we do not charge for.
- $0Account opening
- $0KYC and profile verification
- FreePrice tracking
- FreeTradingView charting
FINRA’s fee on sales is $0.000195 per share sold. It is excluded from the calculator because it depends on share count rather than trade value. Rates as published 17 August 2026. The full schedule
Know what you owe later.
The trade is the easy part. These four are what a first-time buyer usually finds out afterwards, so they are here instead.
Gains are taxed as foreign assets
Gains are taxed at your slab rate if you sell within 24 months, and at 12.5% (without indexation) after that, plus surcharge and cess. The ₹1.25 lakh exemption that applies to Indian listed equity does not apply here.
How the tax worksDividends are withheld in the US
US dividends are withheld at 25% when a Form W-8BEN is on file, otherwise 30%. You can claim the US tax already paid as a Foreign Tax Credit under the DTAA, up to the Indian tax on that dividend; if your slab rate is below 25%, part of it cannot be recovered.
Claiming the creditHoldings are disclosed every year
If you are resident and ordinarily resident in India, you disclose these holdings each year in Schedule FA of your income-tax return (calendar-year basis). That includes years you did not trade.
What Schedule FA needsBefore you invest
Watch these three first.
The route, the instrument and the case for holding anything abroad at all — from our own desk, in the order a first-time investor needs them.
01
Various Routes for International Investing
Before choosing a product, investors need to understand the route. A look at how Indians can invest outside India, with a focus on the GIFT City ecosystem.
Watch 02Global ETFs: Markets, Sectors and Themes in One Investment
What Global ETFs are, how passive and active ETFs differ, and how a single ETF can give exposure to entire markets, sectors, countries or themes.
Watch 03Global Investing Explained: Companies, Currencies and Diversification
Global companies, overseas investing, currency movements and wealth diversification — why international markets are becoming part of long-term portfolio thinking for Indian investors.
WatchOpen an account online.
Opening costs nothing and closes nothing off. You can keep reading before you buy anything at all.
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