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Zerodha to offer option to invest in US stocks, says no minimum investment

The brokerage said that the services may take longer than previously anticipated due to COVID-19-led disruptions.

July 05, 2020 / 02:33 PM IST

Indian brokerage firm Zerodha is planning to offer US stocks on its trading platform. However, the timeline for the services is yet to be determined.

"We have been working internally on offering US stocks on the Zerodha platform, by partnering with a US-based stockbroker," Nithin Kamath, Founder & CEO, Zerodha told Moneycontrol adding that their will likely be no minimum investment required.

He did not reveal the brokerage firm they have tied-up with in the US.

Kamath said that for the offering to be a success they need a proper remittance mechanism.