Paasa: Global ETFs & Stocks app for iPhone and iPad
Developer: Paasa, Inc.
First release : 02 Aug 2024
App size: 55.42 Mb
Paasa gives Indian investors direct, low-cost access to global markets. No commissions, no FX mark-ups, no lock-ins.
What you get
- Commission-free trading in 15,000+ U.S. stocks and low-cost ETFs, including UCITS funds that sidestep U.S. estate tax
- Three rule-based model portfolios – Growth, Balanced, Safe – built with high-liquidity index ETFs
- Automatic rebalancing & tax-loss harvesting handled end-to-end
- Up to 3.83 % interest on idle USD balances above $10,000
- LRS remittance plus W-8BEN, FATCA, and annual RBI filings prepared for you
- Institutional-grade custody at Interactive Brokers; SIPC-insured up to $500,000
- Advice from a SEBI-registered RIA – we are legally bound to act in your best interest
- Any-time withdrawals to any bank account worldwide
How it works
1. Download Paasa and finish KYC in minutes
2. Fund via your Indian bank using our built-in LRS flow
3. Invest – choose a model portfolio or build your own basket
4. Relax while Paasa rebalances, harvests losses, and files paperwork
Safety first
- End-to-end encryption and two-factor authentication
- Independent third-party custody – your assets never sit on Paasa’s balance sheet
- SEBI oversight and SIPC protection up to $500k
Glad to have you with us in our journey to open global markets for everyone in India!