{"id":10931,"date":"2023-06-21T07:32:30","date_gmt":"2023-06-21T02:02:30","guid":{"rendered":"https:\/\/aayushbhaskar.com\/?p=10931"},"modified":"2023-07-09T12:46:04","modified_gmt":"2023-07-09T07:16:04","slug":"vested-vs-groww-which-ones-better","status":"publish","type":"post","link":"https:\/\/aayushbhaskar.com\/vested-vs-groww-which-ones-better\/","title":{"rendered":"Vested Vs Groww – Which One’s Better?","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"
Many of the best stocks in the world, including Facebook, Google, Apple, and General Motors are traded on the US stock market.<\/p>\n
By purchasing these stocks, you can diversify your portfolio outside of the Indian stock market and take part in their growth story.<\/p>\n
Despite the absence of US stockbrokers in India, numerous Indian platforms let you invest in US stocks from within the country. Groww and Vested are two of the most used platforms among them.<\/p>\n
Continue reading to find out more about Groww and Vested’s main distinctions and how you can use these two platforms to invest in US stocks.<\/p>\n
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A seamless way to invest in stocks and mutual funds is through the investment platform Groww. As compared to your regular Demat account, the onboarding process for investing in US stocks is slightly different. Opening a trading account for international transactions only takes four simple steps.<\/p>\n
You must pay in US Dollars if you invest in companies that are listed in Groww. Adding dollars (USD) to your Groww balance is simple if you follow these steps.<\/p>\n
From here, purchasing American stocks is straightforward. Groww doesn’t impose account maintenance fees, and all buy and sell orders are carried out without cost.<\/p>\n
When investing in US stocks, Groww even allows you to buy or sell fractional shares. As a result, you are not limited to buying shares in whole numbers. A US-listed company may allow you to purchase 1.5 shares or even half a share.<\/p>\n
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Vested is an investment adviser that is Registered with the US Securities and Exchange Commission. Investors from India can easily purchase US stocks and ETFs through this online platform.<\/p>\n
Vested collaborates with DriveWealth, a broker-dealer that is registered with the SEC and a member of SIPC and FINRA. There is no minimum balance requirement, and you can take money out of your account whenever you want. Simply start the withdrawal process by clicking the platform’s “Withdrawal” tab. Your Indian bank account will be wired with the funds.<\/p>\n
Starting an investment with Vested is simple. Open an account quickly, then get started investing. Even fewer shares can be purchased for investment.<\/p>\n
Three simple steps to follow:<\/p>\n