{"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

Groww<\/h2>\n

\"Invest<\/p>\n

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

    \n
  1. Applying to activate your international trading account takes less than five minutes, and there is no fee involved.<\/li>\n
  2. The PAN card and address verification are the only two documents needed to open an account. Before your account is activated, your documents will be verified by ViewTrade Securities (VTS), which is Groww’s US broker-dealer partner.
    \nVTS is a member of the Financial Industry Regulatory Authority, Inc. (FINRA) (CRD# 46987) and is registered as a securities broker-dealer with the Securities and Exchange Commission of the United States (SEC# 8-51605). Regarding clearing and settling securities transactions, VTS also offers brokerage services.<\/em><\/li>\n
  3. You must decide which bank account to use for all upcoming USD funding transactions when opening an account. For a simple and entirely online funding process, you can choose from HDFC, ICICI, IDFC, or Kotak Mahindra Bank.<\/li>\n
  4. Your account will be activated a short while after you submit your application, possibly even right away.<\/li>\n<\/ol>\n

    Making Dollars Available For International Trade<\/h3>\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