p/greentiger
Trade US stocks from India with zero commission trades
Kat Manalac

GreenTiger — Trade US stocks from India with zero commission trades

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Today, Indians pay ₹500+ in commissions with high minimum deposits to trade U.S. stocks through traditional brokerages. GreenTiger enables every Indian with a smartphone to invest with zero commission trades + fractional shares.
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Prateek Swain
Thanks for the hunt @katmanalac Hi everyone! My name is Prateek and I'm the co-founder of GreenTiger. I wanted my mom (who lives in India) to invest in US equities, and as I went about researching what's the best place to open an account for her, it dawned on me that there was no clear or affordable option for us! Most brokerages were outdated, needed you to physically submit paperwork, submit high deposits, and/or charged high commissions. This is what drove me to build a simpler, affordable, and less scary alternative that could make it easier for people like you and me to invest in companies we loved without being inundated by information. Our goal is to make investing less scary and more rewarding, and we're just getting started on that journey. If you're interested, we're offering the first 100 people who sign up using our PH referral link early access. Everyone else who signs up using this link afterwards gets one bump on the waitlist :) Here's the link: https://greentiger.co/?ref=produ...
Achuth Hadnoor
@katmanalac @tburn7 @prateek_swain1 This is so cool prateek this is so cool and going the indie way is more awesome! Congratulations on the launch
Akshit Agarwal
@prateek_swain1 I have tried Vested how GreenTiger is different from it? Also can I get early access to platform to play around & start investing from it.
exex zian
really waited for long - for something like this... how soon can we expect it to be fully available? Hope waitlist won't take too much time :)
Tyler Burnam
@exexzian Hello exex! We will begin onboarding users off of the waitlist soon! We're providing the first 1̶0̶0̶ 200 people on Product Hunt early access ;) Just sign up on our website using this link on the post!
Alex Loukissas
I'm curious- how does this work from a regulatory point of view? Who do you clear through? Who is you B-D and custodian?
Prateek Swain
@aloukissas Hey Alex, glad you asked! The Reserve Bank of India, under the Liberal Remittance Scheme (LRS), allows Indian nationals to remit up to $250,000 abroad every year and it is explicitly mandated that trading foreign securities is legal. On the brokerage side, we've partnered with an SEC registered brokerage and they use Apex as their clearing house :)
Abhiroop CVK
This is so simple, yet so useful. I love it! Would recommend! As an Indian, who's lived in the US, it's so important to have access to investment options in US securities, and a diverse portfolio.
Tyler Burnam
@abhiroop_cvk Thanks Abhi!
Max
Amazing product! Bought some AAPL stocks from France months ago when it was down and I paid so much commissions! There is definitely such a need globally! In the meantime, I’ll move to India just to use it 😍🇮🇳👌🏻
Tyler Burnam
@maxime_corbani Thanks for the kind words Max! Do let us know if you move, we'll bump you up the waitlist ;)
Aaron Epstein
I didn't realize you need a US SSN to sign up online at etrade/etc, so really cool there's finally a way for people in India to buy US stocks!
Tyler Burnam
@aaron_epstein Exactly! Our online signup/KYC process is quick, easy, and painless for Indian investors. Thanks Aaron!
Arpit Choudhury
This is amazing. Been looking for something like this for a couple years now. It just makes sense and wondering why nobody built this earlier. Cheers to the team and best of luck!
exex zian
@prateek_swain1 when are you guys planning to launch it - I have been tracking it since Augusts - but seems homepage still says register for early access
Niranjan Yadav
Good work, but how do you make sure that banks don’t harass people for remittances, more importantly does it comply the LRS by RBI?
Prem Nathwani
Before one month: "1 person ahead of me." After one month: "1 person ahead of me." So are people already using the thing in the "Early Access" programme? Is it just me that has not been lucky enough or is it pure growth hacking to gather emails only? Thanks!
Suhail
This is insane. Been waiting for this so long. Hunted. Any chance you could kick me up the list? Could you put up some info in FAQ about USD--INR conversion charges, remitting INR back to my Indian bank and #of days to credit. Also, any plans of simplifying the resulting tax paperwork that will result from this? I looked up for this kinda brokers sometime back...and not finding any decent solution gave up on it.
Prateek Swain
@kazisuhail Hey Suhail, if you message me your email ID I'll keep a lookout for it ;) Absolutely will do. Yes, we're definitely working on providing the necessary paperwork (in-app) to simplify tax returns especially since the US and India have a Double Taxation Treaty.
Sebastian Hallum Clarke
Awesome work! Do you have plans to help users with stock selection in any way? Access to index funds? Can’t wait to learn more.
Prateek Swain
@sebthedev Thanks Sebastian! Yes we do. Our goal is to make it easier for people to not just invest, but also learn how to invest. Stay tuned :)
Anmol Arora
This is super! Investing in US stocks, and that too with zero commission trades is going to be a game changer. I'm on the waitlist!
Tyler Burnam
@anmolarora6699 Thanks Anmol!
Kanishk Vashisht
As the millennial middle class in India swells ( ~ 550 mil in 2025 acc to McKinsey ) - products like this will fuel savings, investing and a global perspective. Excited to see two passionate and intelligent founders laying the basis for financial empowerment in India.
Prateek Swain
@kanishk_vashisht Thank you so much!
Sahil Karia
This is brilliant. I so wanted to know how to buy stock in US cos but was unable to do so due to the daunting paperwork required. I hope this makes it as easy as just linking a bank account and bam!
Piyush Patel
This app is exactly what I'm looking for. So far I invest in US company via franklin feeder us opportunities fund, ability to buy stocks directly will be super awesome. Many thanks for building this.
Manoj Kumar
Just Joined the waiting list. May be this is an awesome place to buy US equities, But my suggestion is to get a local Bank/RBI or any regulatory brand name on the page. That will increase confidence for the end user/consumer. if you increase the trust factor, 1. You will get high ticket investment 2. More subscribers. You can also be more transparent on how you earn. You know there is no FREE LUNCH in the market. Just FYI. Good Luck Guys
Prateek Swain
@vlmanojkumar1 Thank you so much for your feedback! We'll try to mention regulatory licenses ASAP. Would it help to add the pricing structure in the FAQ section?
Prateek Swain
@vlmanojkumar1 Great, we'll work to add that soon!
Raghav Sood
This looks amazing! Definitely fills a pretty significant gap in the current fintech landscape for India, keen to see how it progresses.
Prateek Swain
@raghavsood Thank you so much!
Tanay Kothari
It's impressive that you guys figured out the regulatory hurdles. My mom's a financial advisor and she's ecstatic about this! Can confirm its the new talk around the valley ;)
Prateek Swain
@tanay_kothari Excited to hear that Tanay! Hope we can get your mom on the app soon :)
ghosh;
The fine-print says "GreenTiger will be available for use once we have finished the process of registering with SEBI and SEC." ... so it is still not a legal trading entity in India and it has started collecting sensitive user information (like passport data)?