jagan120

India implemented this : https://en.wikipedia.org/wiki/Unified_Payments_Interface

Would rather invest in US Indices for nominal fees that are less than .1%. 1% is a very high fee that reduces the hassle of opening a Zerodha NRO account. 1% is 4 times the fee of Wealthfront, the company you are trying to replicate.

Arent ETFs tracking Indices a better option rather than Index Funds itself because of the PFIC rules?

Based on what I have seen, Robinhood either doesnt give/doesnt have access to every IPO? Am I wrong?

Exactly, why only for under 18s? This should be available for everybody.

Few questions from my side:

- Is it possible to make indexes of other country equivalents on this platform? Even if those stocks arent listed on US Markets.

- How are the taxes going to work in general if the indexes are actively managed?

- Are the 8949s and 1099s autogenerated for individual users by enombic?

Thanks!

I never tried, but this says you can : https://robinhood.com/us/en/support/articles/transfer-stocks...

or all the 16 year olds