Question 1

Is there a minimum to start investing in US stocks?

Accepted Answer

There is no account minimum. The minimum fund addition is $100, after which you can place fractional orders from $1 of invested value.

Question 2

How does funding a US investing account from India work?

Accepted Answer

You transfer rupees under the RBI Liberalised Remittance Scheme (LRS). Relitrade Global converts to USD at the live rate shown before every transfer, then credits your global trading balance. Deposits cost $1 per transfer; withdrawals are free.

Question 3

What is TCS and when does it apply to US investing?

Accepted Answer

Tax Collected at Source of 20% applies on LRS remittances above ₹10 lakh in a financial year. It is not an extra cost — it is adjustable against your income-tax liability when you file.

Question 4

How are US investments taxed for Indian investors?

Accepted Answer

US dividends attract a 25% withholding tax, claimable as a foreign tax credit in India. Capital gains are taxed in India — at slab rates up to 24 months, and 12.5% LTCG beyond. A consolidated statement is provided each financial year.

Question 5

Are my US holdings safe with Relitrade Global?

Accepted Answer

Yes. Shares are held in your name with a regulated US custodian. Relitrade is a SEBI-registered broker and never commingles client assets.

Question 6

Can NRIs open a Relitrade Global account?

Accepted Answer

Global accounts are currently available to resident individuals only. NRI and non-individual accounts are not supported at this time.