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GreenTiger — Trade US stocks from India with zero commission trades
Today, Indians pay ₹500+ in commissions with high minimum deposits to trade U.S. stocks through traditional brokerages. GreenTiger enables every Indian with a smartphone to invest with zero commission trades + fractional shares.
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Gustaf Alströmer
This is a beautiful product. Congrats on the launch!
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I didn't realize you need a US SSN to sign up online at etrade/etc, so really cool there's finally a way for people in India to buy US stocks!
@aaron_epstein Exactly! Our online signup/KYC process is quick, easy, and painless for Indian investors. Thanks Aaron!
Awesome work! Do you have plans to help users with stock selection in any way? Access to index funds? Can’t wait to learn more.
@sebthedev Thanks Sebastian! Yes we do. Our goal is to make it easier for people to not just invest, but also learn how to invest. Stay tuned :)
@prateek_swain1 when are you guys planning to launch it - I have been tracking it since Augusts - but seems homepage still says register for early access
@exexzian Hello exex! We will begin onboarding users off of the waitlist soon! We're providing the first 1̶0̶0̶ 200 people on Product Hunt early access ;) Just sign up on our website using this link on the post!
This is amazing. Been looking for something like this for a couple years now. It just makes sense and wondering why nobody built this earlier.
Cheers to the team and best of luck!
This is insane. Been waiting for this so long. Hunted. Any chance you could kick me up the list?
Could you put up some info in FAQ about USD--INR conversion charges, remitting INR back to my Indian bank and #of days to credit. Also, any plans of simplifying the resulting tax paperwork that will result from this? I looked up for this kinda brokers sometime back...and not finding any decent solution gave up on it.
@kazisuhail Hey Suhail, if you message me your email ID I'll keep a lookout for it ;) Absolutely will do. Yes, we're definitely working on providing the necessary paperwork (in-app) to simplify tax returns especially since the US and India have a Double Taxation Treaty.
This app is exactly what I'm looking for.
So far I invest in US company via franklin feeder us opportunities fund, ability to buy stocks directly will be super awesome.
Many thanks for building this.
Used to trade FX and US Stocks on some platforms years ago but the 'spread' was so huge that I could barely make money. I have stopped trading for 7-8 years and I am not going to return but no commission on trading is something I'd recommend to my friends and your idea definitely dissolves the borders and enables access to opportunity!
This looks amazing! Definitely fills a pretty significant gap in the current fintech landscape for India, keen to see how it progresses.
Good work, but how do you make sure that banks don’t harass people for remittances, more importantly does it comply the LRS by RBI?
@prateek_swain1 Awesome work! Any thought on which stocks will be / have been most traded in?
@spencer_burleigh Thanks Spencer! We've definitely heard a lot of demand for Apple in particular, FAANG and a few other blue chip stocks :)
It's impressive that you guys figured out the regulatory hurdles. My mom's a financial advisor and she's ecstatic about this! Can confirm its the new talk around the valley ;)
@tanay_kothari Excited to hear that Tanay! Hope we can get your mom on the app soon :)
It's amazing that you guys figured out the regulatory stuff and have made it so much easier for people in India to trade in the US. Big ups, guys - so excited for the product and for the team!
Fantastic! i have been looking for something like this. The current route via banks is too expensive
@taggy Thank you! And I share the exact sentiment as you. Hope to see you on the app :)