A US-stock platform for Indian retail investors built on top of LRS and a US broker partner.
Last updated 2026-06-20
Vested gives Indian retail investors a clean path to US stocks within the Liberalised Remittance Scheme (LRS). It handles the bank wire, the brokerage account at a US partner, the tax reporting, and the INR-to-USD conversion. For investors comfortable with the LRS framework and the $250k annual cap, Vested is a well-built option.
GM Markets sidesteps LRS entirely. There is no $250k annual cap, no TCS deduction on remittance, no wire delays, and no PAN linking required at the platform layer — you fund with stablecoin (or Apple Pay, card, bank where supported) and trade the tokenized version of the underlying share. The token settles into your own wallet and is composable across DeFi.
GM Markets is not available everywhere — see the legal page for the current jurisdiction list. For investors in supported jurisdictions, GM Markets operates as a tokenized-asset platform rather than a brokerage account, which sidesteps the LRS framework entirely. We strongly recommend independent tax and regulatory advice for your specific situation.
No. LRS applies to remittances of INR out of India for foreign investments. GM Markets accepts stablecoin (or Apple Pay / card / bank in supported corridors), so there is no LRS-counted remittance involved in funding the account.
On Vested, dividends arrive as USD in your brokerage account. On GM Markets, dividends are absorbed into the token NAV (the underlying share continues to receive the cash dividend in custody; the token price reflects it). This avoids creating a taxable dividend event in many jurisdictions, but consult a tax advisor for your situation.
No direct transfer path. The practical path is: sell on Vested, repatriate via LRS-compatible rails, convert to stablecoin, and buy the tokenized equivalents on GM Markets. Capital-gains treatment of the Vested exit is independent.
