What are US Stock Tokens?
Stock Tokens are Virtual Digital Assets that track the price of an underlying asset, and trade 24/7/365, with fractionalization, and can be bought and sold directly in INR. Stock tokens are not to be confused with actual Stocks. Stocks confer direct ownership in a company with voting and governance rights, whereas Stock Tokens do not. Stock Tokens are a convenient instrument for retail investors to get price exposure in INR over the underlying US stocks, without having to send money outside India, or actually owning the underlying US stock.
What exactly am I trading?
Contracts that track US stock prices, the same structure as the F&O you already trade, with no expiry. You never hold the underlying share; you trade its price, long or short, margined in rupees.
Is Mochatrade regulated in India?
Yes. Mochatrade is registered with the FIU as a Virtual Digital Asset Service Provider (VDASP) and is fully compliant with Indian regulations. Its registration number (REID) is VA00049752.
Is it legal for an Indian resident to trade US stock tokens on Mochatrade?
VDA derivative trading is legal in India. Mochatrade offers a transparent and fully compliant platform for Indian traders to trade US markets through perpetual futures, which are VDA derivatives.
How does my money move? Do FEMA or LRS restrictions apply?
You deposit INR on Mochatrade, post margin in INR, trade on a domestic platform, and receive profits or bear losses in INR. As there is no cross-border element at the user level, compliance under FEMA and LRS is not triggered.
Where does my money sit?
Your deposits are received in Mochatrade's bank account with a regulated bank in India, and your balance is recorded in your Mochatrade account. You can withdraw your available balance to your verified bank account.
How do taxes work?
Perpetual futures are classified as VDA derivatives. All trading profits on Mochatrade are taxed as ordinary business income, and trading losses can be written off. VDA derivatives are not taxed at a flat 30% with 1% TDS. Please contact your tax advisor for detailed tax advice.
Who can open an account?
Any Indian resident aged 18 or above. Onboarding is fully digital: complete KYC with your PAN and a government ID, and your account opens once identity and eligibility checks clear.
How is this different from INDMoney or Vested or Groww?
These platforms only offer direct US stock investing by sending INR abroad. Users can only buy and hold an actual US Stock after spending multiple days waiting for their INR to move abroad. On the other hand, Mochatrade offers US Stock Tokens, which can be traded directly in INR, with fractionalization, and leverage. You can go long or short on a US Stock Token directly with INR.
How fast are deposits and withdrawals?
Deposits by UPI land in seconds. Withdrawals go back the same day. Money moves in and out in rupees, with no wires in either direction.
When can I trade?
The market is open 24/7. The US session lands in the Indian evening, and trading doesn't stop when it ends. Any hour, any day, weekends included.
