Can I use my 5paisa ledger balance to invest in US markets?

Can I use my 5paisa ledger balance to invest in US markets?

No, you cannot use your 5Paisa ledger balance to invest in the US markets. To invest, you need to transfer funds from your savings bank account to your US brokerage account via a wire transfer under the Liberalised Remittance Scheme (LRS). Your bank will convert the funds from INR to USD, as US Dollars are required for investing in the US stock market.


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