Can Indian investors buy a newly listed US share with a small order?
Our answer
Check the broker’s minimum deposit, minimum order, currency costs and whether that specific new ticker supports fractional shares. A fractional purchase on the exchange after listing is a separate feature from IPO allocation. Compare the total cash you must send and the amount invested.
Small orders
A fixed transfer or conversion fee can be significant on a small trade. Compare a worked example at your real order size.
Larger transfers
Ask the authorised dealer bank and broker about documents and fees before sending a larger amount. Verify current remittance and reporting requirements for your circumstances.