Don’t go with groww for us stocks, they don’t seem to support it. My experience –
- They don’t provide documents for compliance like documents for filing schedule FA and yearly PL statement.
- Bank transfer charges is high plus us-rupee pair that we get from typical banks(in my case kotak) is low.
- They have not integrated it yet in their apps nor they have worked towards reducing transfer charges and it has been more than a year atleast.
I have currently withdrawn all my money invested in groww us stocks mostly because they did not provide documents for filing FA schedule which is mandatory for all investors investing in foreign.
I use only indmoney now which I think it to be too cluttered plus last financial year(2021 to 2022), they provided the documents to file FA schedule and yearly PL statement in rupees, nearly 2 weeks before the deadline to all investors which delayed my ITR filing.
My recommendation, go for vested.
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