US SHARES & ETFs WITH ZERODHA πΊπΈ | 0.10% BROKERAGE | HOW TO ENABLE |
StockMarket Funda β’ 7 days ago
What This Video Is About
This video discusses the new feature introduced by Zerodha, which enables users to invest in the US market through their platform. The video provides a step-by-step guide on how to invest in US stocks and explains the charges and fees associated with it.
Major Ideas Discussed
- Zerodha's US investing feature is currently available to a select group of users but will be rolled out to all users within a month.
- To be eligible, users need to have a bank account with a private bank such as Kotak, Axis, or HDFC, and submit a request form.
- The charges for investing in the US market through Zerodha are minimal, with a maximum charge of $10 or 10 paise per transaction.
- The step-by-step process to invest in US stocks includes opening a Zerodha account, activating the US investing segment, adding funds, and investing in US stocks.
- The long-term capital gains tax for investing in the US market through Zerodha is 12.5% for holdings of 24 months or more, and short-term capital gains tax applies for holdings of less than 24 months.
What to Watch Next
Users can monitor the rollout of Zerodha's US investing feature to all users and keep an eye on the charges and fees associated with it. Additionally, users can explore the various US stocks available for investment through the Zerodha platform.