Is it possible to buy stocks in INR and sell them in USD?
It is not possible, the exchanges in India authorized to do transaction in INR only. Some of the ETFs are allowed across many nations to buy in USD, however you have to sell them in USD only.
As an exception you can buy Currencies over Global platforms like Pulse500. You can trade in any currency around the world. Pulse500 is a UK based firm Plus500UK Ltd which is authorized and regulated by the Financial Conduct Authority of UK.
Want to open Zerodha Demat Account? Click Here
You might also like
Zerodha, Indias Best Brokerage Firm
WHY DO WE HAVE TO CHOOSE ZERODHA BROKERAGE FIRM FOR OUR REGULAR STOCK MARKET TRADING? It’s been a decade I started to trade, I traded over many brokerage firms, finally,
Order Screen Options CNC, MIS and NRML, what are there?
New bees in trading generally worried on these terminologies, often asked me this question, here is the basic 3 Extensions definition. Kite is the advanced web-based and smartphone app trading
How to Earn Daily Expenses in Stock Market?
Based on expectation; there are basically four types of people come into the Stock Market. Type 1: People with a high amount of investment and expectations also higher, up to
0 Comments
No Comments Yet!
You can be first to comment this post!