India’s leading stockbroker Angel Broking on Thursday, announced its partnership with Vested Finance to allow Indian Investors to invest in U.S. stocks and EFTS.
In a filing with the exchange, Angel Broking said, “The tie-up with Vested Finance adds to the suite of services offered by Angel Broking.”
Some of the advantages of this newly added service include the ability to invest in fractional shares at no minimum balance requirement, anytime withdrawal, and a Quick and easy signup process.
Speaking on the development, Prabhakar Tiwari, Chief Marketing Officer, Angel Broking said, “The U.S. is one of the largest international markets with several global leaders listed across NASDAQ and Dow Jones. We are providing our customers an opportunity to gain access to the US Markets through Angel Broking Vested.”
“It also offers investors the advantage of fractional investing, wherein any customer can purchase a fraction of stock at a corresponding price. Our Latest tie‐up will further empower our customers to drive thematic investments such as Artificial Intelligence and genome‐editing technology CRISPR with pre‐built portfolios,” Tiwari added.
Commenting on the partnership with Vested Finance, Vinay Agrawal, CEO, Angel Broking said, “U.S. stocks are lucrative for Indian customers not only because of the geographical diversification but also due to the currency depreciation. It adds to the overall returns. This is one of the reasons why the U.S. stock markets drive more than 50% of the global equity value. The nation is also home to multiple innovative market players with huge potential. With our Vested alliance, we are confident that our customers will make the most out of the prevailing market opportunity.”
Further speaking on the partnership with Angel Broking, Viram Shah, CEO & Co‐Founder at Vested Finance commented, “We have seen a growing interest among both the young and tech‐savvy and the seasoned stock market investors alike in diversifying their portfolios into the US markets. We are glad to partner with Angel Broking as they have been at the forefront of providing easy access to digital investment opportunities to investors.”
“With Angel Broking, we hope to make global investing more accessible to these Indian investors. At Vested, we aim to allow investors to globally diversify their portfolio in the easiest manner possible and this partnership is the step in the right direction. We are excited to be leading the geographic diversification revolution in India,” Vikram added.