Religare Broking Ltd. has partnered with Vested Finance to introduce foreign stock markets on its broking platform wherein clients can diversify their portfolio with international stocks. Religare Broking customers can safeguard their portfolios from single currency risk. This partnership will enable investors to directly invest in US stocks that they consume on a regular basis including Apple, Amazon, Netflix, Facebook, etc. Vested Finance is an online investment platform that enables Indian investors to invest in the US stock market in a smooth and hassle-free manner.
Religare Broking Ltd. and Vested Finance will be offering Indian investors exposure to the US stock market which captures over 50% of the global equity value via multiple investments instruments like stocks, ETFs, and curated investment portfolios called Vests. Investors can invest in fractional shares as low as USD1. The entire process involves digital on-boarding, commission-free investing, seamless USD deposits and easy withdrawals.
Announcing the partnership, Gurpreet Sidana, Chief Operating Officer, Religare Broking Ltd. said, “There is a clear interest and demand for international equities as Indian investors looking for avenues to diversify their portfolios and take advantage of the burgeoning international stock markets. Besides, we live in an age where investors are increasingly aware of global brands in exciting sectors including new-age businesses, technology and healthcare. With Vested, investors can also look at ready portfolios and research that can help them make an informed decision.”
Speaking on the partnership, Viram Shah, Co-Founder & CEO, Vested Finance, said, “At Vested, we believe that global investing is truly a need rather than a choice and we are excited to partner with Religare to make the world’s largest market accessible to Indian investors. There is a growing awareness among Indian investors to diversify their portfolios internationally. It has never been easier to access the global markets from India. At Vested, our mission is to enable sustainable wealth creation by enabling these investors to go global.”