New-age Indian stockbrokers Groww, Zerodha, Angel One, and Upstox are all foraying into international equity investing by securing licences to become financial intermediaries from the IFSCA, the authority that runs the Gift City in Gujarat.
Per disclosures made by IFSCA, while Groww and Upstox have secured the GAP licence (Global Access Provider) licence, Zerodha and Angel One have become broker-dealers. These four are among the leading brokers in the country and now all of them are ready to offer investment in international stocks to Indian retail traders.
