I would appreciate if you kindly suggest an answer for this question.Anything incomplete in this question should be assumed.
And also please suggest which is the best brokerage firm/broker for this kind of trading?
OptionsXpress includes India in the list of countries where is possible to open an international account to invest in the US Stock Market. They just merged with Charles Schwab and they have a nice online trading platform. Stocks and ETFs are little bit pricey..
Get in touch with them to get more information.
It is more easier if you select a Broker in India that would allow you these services. The reason being the broker in India will follow the required norms by India and allow you to invest without much hassel. Further as the institution would be in India, it would be more easy for resolving any disputes.
ICICI Direct an Indian online broker allows one to trade in US stocks.
Selecting a Broker in US maybe more difficult as your would have to met their KYC norm's and also operate a Bank account in US. I am not aware of the requirements.
For more details visit ICICI Direct website. Refer to http://www.finance-trading-times.com/2007/10/investing-in-us-stocks-and-options.html for a news article.
TDAmeritrade or Charlesschwab are good online brokers, however from what I read they are more for US nationals holding Social Security. Further with the recent events and KYC norms becoming more stringent, it would be difficult for an individual [Indian Citizen] to open an account directly with these firms.
i have been trading with dollarbird Trading firm for past 1 year there is absolutly no problem everything is fine you can google them to find anything about them.they have provided me with LASER trading platform which requires a bit of training as in to know the software but i can say one thing trading in US Equity market exp. is very diffrent from indian market they are very mature market and highly liqd and have good volatality to trade best equity market to trade with great trading platform you should have a exp. to trade on US equity it is diffrent
Thank you for your interest in this question.
Because it has attracted low-quality or spam answers that had to be removed, posting an answer now requires 10 reputation on this site.
Would you like to answer one of these unanswered questions instead?