People in the US and other developed countries like the UK may have direct access to international markets such as US-based stock exchanges like NASDAQ and NYSE. However, investing in US stocks is more challenging for people in India.
For one, people in India do not have direct access to US stock exchanges. Brokerage firms in India can allow people to buy only Indian stocks. If you sign up with an Indian stock broker, you’ll only get access to Indian stocks.
If you want to invest in US companies or stocks from India through a broker, the only options are ETFs and mutual funds. There is a third and more suitable option to buy US stocks from India. It’s called stock tokens.
In this article, we’ll talk about all the top options for investing in the US stock market from India.
What are US stocks?
US stocks are the companies listed in the US stock markets such as the New York Stock Exchange (NYSE). For example, Google, Tesla, Microsoft, and Facebook are all US-based companies with their stocks listed on the NYSE.
While US citizens can buy and trade stocks on the NYSE, the same is not true for people in many other countries, including India. People in India cannot buy stocks directly from a US-based exchange. They, however, can invest in US stocks through alternatives such as international mutual funds, ETFs, and stock tokens.
What are US stock tokens?
A crypto token is a digital asset on a blockchain that can be used to represent another digital asset.
Blockchain is a decentralized distributed ledger that stores information like digital data, ownership records, transaction details, etc. on a decentralized ledger distributed between multiple linked blocks.
A US stock token is a type of crypto token (security token) that represents a share or fraction of a US stock. These are called security tokens because they represent securities like stocks with real value.
So, instead of buying shares of a US stock directly, you can buy stock tokens or tokenized stocks, which are more easily accessible and can be purchased at a lower cost (fractional shares).
There are many benefits of buying US stock tokens instead of direct US stocks, such as:
- You can buy fractional shares of stocks that are too expensive for your budget
- Unlike regular stocks which can be purchased during limited hours, stock tokens can be traded 24 hours, 7 days a week
- You can transfer stock tokens to other people
- More privacy — you can buy stock tokens without a bank account
- More convenience — stock tokens can be purchased using cryptocurrencies
- Global access — you can buy tokenized US stocks from anywhere in the world
- International markets — Buy stock tokens of international companies across many stock markets all over the world
How to buy US Stock Tokens in India
There are some companies and online platforms that allow Indian investors to buy tokenized stocks of listed US companies. You must always do your due diligence and research these platforms before buying stock tokens from them. Make sure that the stock token platform is registered in India and works in compliance with the country’s laws.
Reflection is one of the best stock token trading platforms in India in terms of reliability and range of options. The platform lets you invest in as many as 60 stock tokens of top US companies and ETFs. Plus, it has a very easy signup process and you can buy stock tokens using other cryptocurrencies like USDC and RUSD.
Buying, selling and trading US stocks on the Reflection platform is super easy and secure. All tokens are backed by real shares of US stocks. You can buy and sell at any time, even when the markets are closed. Also, you can buy fractional shares, starting at just $1. The platform offers great privacy with the ability to transfer stock tokens to other members.
In order to buy US stock tokens on the Reflection platform, you’ll need a Metamask or WalletConnect account, which you can create for free. Connect your wallet, load the money, and start buying US stock tokens from India — easy and fast!
Join the Reflection Stock Token Platform today and unlock a world of possibilities! Sign up now to access exclusive offers and seamlessly trade stock tokens of top global companies. Don’t miss out, Sign up now!
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