16 Jun 2026
Zerodha, Groww, Angel One and Upstox received IFSCA approval to offer international and US stock investing through GIFT City, with services expected to go live in two to three months.
For the listed brokers among them, Angel One and Groww, this opens a new fee stream as retail appetite for US equities builds. Zerodha and Upstox will act as broker-dealers, while Groww and Angel One operate as global access providers.
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Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630. Stock notes are market commentary for general information and education. They are not investment advice, not a recommendation to buy or sell, and do not account for any individual's financial situation. Investment in securities is subject to market risks. Please read all related documents carefully before investing. Past performance is not a guarantee of future results.