Can I use Niyo global card to buy US Stocks?

I wanted to know if I will be able to do transactions on Robinhood or some other Stock broker to buy US stocks with my Niyo Debit Cards(DCB + Equitas)

Hey @Bhaveek_Jain!

While Niyo Global debit cards (DCB and Equitas) offer zero forex markup for international transactions, they might not be ideal for directly purchasing US stocks on platforms like Robinhood. Here’s why:

  • Restrictions by Brokerage: Some US brokerages might have restrictions on using international debit cards for deposits due to security or regulatory reasons.

It’s best to check Robinhood’s (or your preferred broker’s) deposit methods and any limitations on international cards. Their support website or a quick chat with customer service should clarify this.

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