How to open a US stocks account on INDmoney

If you want to buy US stocks from India, INDmoney makes it simple. Just follow these steps and you will be ready to buy your first US share.

Step 1 — Install INDmoney Go to the Play Store (Android) or App Store (iPhone). Search for “INDmoney”. You will see the app with a blue logo. Tap “Install”.

Step 2 — Sign up Open the INDmoney app. Enter your mobile number. You will get an OTP. Enter it. Now the app will ask for your PAN number and basic details like your name and email. After this, the app will ask you to take a selfie for KYC. This is normal and helps the app verify your identity.

Step 3 — Go to US Stocks section Once you enter the app, look at the bottom menu or main home page. You will find an option that says “US Stocks”. Tap on it. Inside that, tap on “Open US Stocks account”. This starts the process for opening your US investing account inside INDmoney.

Step 4 — Do extra KYC For US stocks, apps need a little more information. They may ask you to upload your PAN card photo, Aadhaar card, and sometimes a bank statement or salary slip. These documents prove your identity and income for the US regulations. You will also get one or two OTPs to confirm your identity. Just follow the on-screen steps slowly.

Step 5 — Make the linked bank path Sometimes INDmoney creates a small linked bank account through their partner bank. This helps in moving money from your Indian bank to your US stocks wallet smoothly. You just have to enter your Aadhaar number and complete an Aadhaar OTP.

Step 6 — Add money Now you are ready to fund your US stocks account. Go to the US Stocks section and tap “Add Money”. Enter how much you want to put. The money will first go from your Indian bank and then convert into US Dollars (USD). Once the conversion is done, you will see the US Dollar balance inside the app.

Step 7 — Search for the stock Go to the search bar and type the name of the company you want to buy. For example: Apple, Amazon, Tesla, Google, Microsoft. INDmoney also allows fractional shares. This means you can buy even a very small part of a share if the full share is expensive.

Step 8 — Buy Tap on the stock you want to buy. You will see the current price. Enter the amount you want to invest or the number of shares you want to buy. Tap “Confirm”. Your order will be processed and your stock will appear in your portfolio.

Step 9 — Track your holding To see your investment, go to “Holdings”. You will see all your US stocks in one place. The app shows price, returns and your total value.

Step 10 — Sell anytime If you want to sell, just tap the stock and tap “Sell”. After selling, money will come back to your US wallet. Then you can convert it back to INR and send it to your Indian bank account whenever you want.

I am not promoting INDmoney, and I do not get any benefit from it. I am just sharing this to help you learn.