Launch · Financial Services

Upstox launches US stock investing on its platform

By Startup Enthusiast · 7 September 2026

What they do

Upstox is an online discount brokerage that lets users trade equities, derivatives, mutual funds, and more

It now offers over 8,000 US stocks and 2,000 US ETFs with a minimum investment of $1 via fractional investing

The service uses the GIFT City framework and RBI's Liberalised Remittance Scheme, with a $250,000 annual limit per individual

Upstox has launched US stock investing on its platform.
Users can access over 8,000 US stocks and over 2,000 US ETFs.
The minimum investment is $1 through fractional investing (buying a portion of a share).
The service operates under the GIFT City framework via the IFSC branch of Upstox Securities Pvt Ltd.
Upstox Securities Pvt Ltd is a wholly owned subsidiary of RKSV Securities India Pvt Ltd and is an IFSCA-authorised broker-dealer.
Investments are routed under the RBI's Liberalised Remittance Scheme (LRS) with an annual limit of $250,000 per resident individual.
Funding accounts are in INR from supported Indian bank accounts and are auto-converted to USD.
After Market Orders (AMOs) allow placing orders outside US market hours, queued for execution at market open.

The launch comes less than 3 months after IFSCA approvals to Upstox, Zerodha, Groww, and Angel One for international investment products via GIFT City.
Competitors already offering US stocks include INDmoney and HDFC Securities.
Domestic rivals like Zerodha, Groww, and Angel One are preparing similar offerings.
Indian brokerages are diversifying beyond core equity and derivatives due to regulatory changes and pressure on transaction-linked revenue.
Upstox is also exploring a public market debut and has reportedly begun preliminary IPO discussions with investment banks.

Upstox is an online discount brokerage founded in 2009.
It offers products including equities, derivatives, mutual funds, IPOs, commodities, and insurance.
The US stocks investing service provides access to sectors like AI, space exploration, and emerging technologies.
It also offers geographical and currency diversification.
The service is provided through the IFSC branch of Upstox Securities Pvt Ltd, which is registered as a Global Access Provider (GAP) and trading member of the India International Exchange.

Upstox is exploring a public market debut and has reportedly begun preliminary IPO discussions with investment banks.
The IPO could raise up to $400 Mn via fresh shares and an offer for sale (OFS).