Zerodha Launches US Stock Investing on Kite in Beta — Startup Funding India, October 2026

What's new

Discount broking giant Zerodha has started rolling out US stock investing in beta to select users on its Kite platform, letting eligible Indian investors trade US-listed stocks and exchange-traded funds (ETFs) without opening a separate demat account, the company said on October 19, 2026.

The offering runs through India INX Global Access — a BSE-owned platform at GIFT City's International Financial Services Centre (IFSC) — and gives resident Indians access to up to 2,000 US-listed stocks and around 1,000 ETFs, including fractional investing, where users can buy a fraction of a share instead of a full unit.

Pricing and fine print

Zerodha has set brokerage at 0.1% of transaction value, with a minimum of $0.01 and a maximum of $10 per order on both buys and sells. For comparison, Groww — India's largest online broker by active clients — also charges 0.1% for US stocks but with a $1 minimum and no published cap, so Zerodha's $10 ceiling could matter for larger orders.

The fine print: only resident Indian individuals are eligible — NRIs, HUFs and companies are excluded. Only delivery-based buying is allowed (no intraday, margin or derivatives), ETFs must hold over $250 million in assets, and transfers start at $50. Everything runs under the RBI's Liberalised Remittance Scheme ($250,000 per financial year).

The competitive picture

Zerodha joins a crowded field. The IFSCA issued approvals in June to Zerodha, Groww, Upstox and Angel One for international investing via GIFT City, and rivals have already launched — Groww in September with 10,000+ stocks and ETFs, Upstox with 8,000+ stocks and 2,000 ETFs. Zerodha is betting that a single-account experience and capped brokerage will win over its existing user base.