However, investing in Nasdaq stocks from India is still not as simple as one would expect, which is why we’ve brought you the easiest way to invest in Nasdaq from India.
What is a stock market?
A stock market is a place or platform through which stock shares of publicly listed companies are purchased and sold.
NYSE, Nasdaq, NSE, and London Stock Exchange are some of the major stock exchanges in the world.
What is Nasdaq and why should you invest in it?
Just as Indian giants such as Reliance and TCS trade on Indian stock exchanges such as BSE, many international and US-based companies, such as Apple, Google, and Facebook (Meta) are listed on Nasdaq, which is an extremely popular international stock exchange.
Investing in Nasdaq will allow you to have stocks of the most valuable companies like Apple and Google in your portfolio, which besides giving foreign exposure to your folio will also ensure its growth in line with the growth of international markets and companies.
Investing in Nasdaq is also an excellent way to diversify your funds and folio across geographies by purchasing stocks of companies outside India.
How to invest in Nasdaq from India
Well, the good news for investors in India is that they can now invest in many US stocks through Nasdaq. Most of the foreign investing options available in India are still indirect, i.e. through mutual funds, ETFs, etc.
Investing in Nasdaq ETFs
As you may already know, an ETF is a collection of stocks of different companies. Index funds follow specific indices such as Nifty50, Nasdaq100, and others.
Many mutual fund companies in India now provide funds that mimic foreign indices such as the Nasdaq index. The same goes for ETFs. You can contact your fund manager and invest in a Nasdaq fund for indirect exposure to foreign stocks.
Investing in Nasdaq Stock Tokens
Stock tokens are a rather new term in the Indian investing space. A stock token refers to a crypto token that represents a share of a publicly listed stock or company. For example, a stock token of Google (Alphabet) will represent an actual share of Google stock (NASDAQ: GOOGL).
Stock tokens are probably the easiest way to invest in a foreign stock or exchange like Nasdaq from India, yet not many Indian investors know about them. This is because only a few stock exchanges provide this facility.
You can now buy and trade Nasdaq stock tokens in India on Reflection.trading, which is a stock token trading platform with support to top international stocks and exchanges.
Here’s how to buy Nasdaq stock (token) on the Reflection platform:
Buy BUSD from Binance (for payment of stock tokens)
Transfer BUSD to your MetaMask wallet and connect the wallet to Reflection.trading.
Now choose the stock tokens that you want to buy and make the payment.
The stock tokens are minted directly to the buyer’s wallet in real-time. Find out more or start Nasdaq trading at Reflection
i would like to suggest another methods, investing in US stocks from india is possible through few different methods. the mostly common method is to open an overseas trading account(the activity of trading goods and services with other countries) with a domestic broker. This requires you to open a trading account with a broker in india that has tie-ups with brokers in the US, allowing you to invest in US stocks.you can also open a trading account with a foreign broker, which requires you to set up a secure trading platform to access the US stock market. Additionally, you can open an account with a mutual fund or portfolio management service provided by an indian broker which you already discussed. Lastly, you can use a automated investment advisor to invest in US stocks from india. each method has its own advantages and risks, so it is important to research each option before investing.