GreenTiger

Trade US stocks from India with zero commission trades

2 followers

Trade US stocks from India with zero commission trades

2 followers

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Neobanks

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Stock trading platforms

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Investing

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.

Launch tags:Fintech•Tech•Money

Launch Team

Viktor.comAn AI coworker that actually does the work

Promoted

St0nk

Maker

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 Most brokerages were outdated, needed you to physically submit paperwork, submit high deposits, and/or charged high commissions.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...

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7yr ago

Annotate

@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

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7yr ago

@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.

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7yr ago

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.

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7yr ago

St0nk

Maker

@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 :)

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7yr ago

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 :)

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7yr ago

GreenTiger

Maker

@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!

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7yr ago

Guys, Very nice UX .. similar to Robinhood but minimal can look 'same' I guess. That said, how is it better than Stockal or Vested or Zambala? Are you an advisor or broker?

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7yr ago

St0nk

Maker

@arian_douglas Hey Arian, We're in the process of registering as a broker. We don't want to limit you to 100 stocks or ETFs but trade most equities that you are interested in. Also, we're mobile first :)

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7yr ago

NeighborPledge

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?

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7yr ago

St0nk

Maker

@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 :)

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7yr ago

LLC Toolkit

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.

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7yr ago

St0nk

Maker

@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.

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7yr ago

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 ;)

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7yr ago

St0nk

Maker

@tanay_kothari Excited to hear that Tanay! Hope we can get your mom on the app soon :)

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7yr ago

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