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Invest · Best brokers for India
Best Brokers for Buying US Stocks from India (2026)
Best platforms for Indian investors to buy US stocks under LRS — IBKR, Vested, INDmoney, Groww, and Zerodha compared by FX cost and ease of use.
Ranked by FX cost per $10,000 invested
Lowest FX cost, direct NYSE/NASDAQ access, LRS-compliant. Best for ₹10,000+/month investors.
Not directly available in India — use IBKR instead.
Good for domestic stocks; US stock access via intermediary adds cost.
Simple UI, good for beginners. Higher FX cost than IBKR.
Our recommendation for India
For Indian residents buying US stocks under LRS, Interactive Brokers India is the lowest-cost option. Setup requires LRS wire transfer from your Indian bank (which incurs a one-time bank wire fee) and IBKR's onboarding takes 1–2 days. Once set up, the FX cost is 15x lower than most alternatives. For investors putting ₹5,000+/month into US stocks, IBKR's savings compound significantly over time.
Frequently asked questions
What is the LRS limit for Indian investors buying US stocks?
$250,000 per financial year (April to March). This is the maximum an Indian resident can remit abroad for investment purposes under the RBI's Liberalised Remittance Scheme. TCS of 20% is collected by your bank on LRS amounts above ₹7 lakh per year (refundable against income tax).
Can I buy US ETFs like VOO or QQQ from India?
IBKR offers US-listed ETFs including VOO, QQQ, SPY, and thousands more to Indian residents via LRS. Note that SEBI has banned Indian mutual funds from buying US ETFs — but individual investors can buy them directly under LRS through IBKR.
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Full rankings by FX cost per $10,000 invested