{"id":101161,"title":"Mochatrade - US stock perps for Indian traders with up to 50x leverage","tagline":"Deposit in INR via UPI, trade US stocks, Pre-ipo stocks, indices, commodities and crypto with up to 50x leverage.","body":"**TL;DR:** Mochatrade lets Indians trade perpetual futures on US stocks (TSLA, NVDA, AAPL), Pre-ipo stocks(Cerebras, Anthropic, SpaceX), commodities(Oil, Gold, Silver) and crypto with up to 50x leverage. Deposit INR via UPI rails, trade and withdraw to your bank. 24/7 settlement and no Foreign Remittance required.\n\n**The problem:** India is the largest retail derivatives market in the world with \\~60% of global equity derivatives volumes (\\~$30Bn per day), eclipsing the US market. 140M+ Indians hold trading accounts. They want US stock exposure but have been locked out.\n\nToday they have three bad options:\n\n* **Hold US stock as spot** through regulated brokers (Vested, INDmoney) with offshore bank accounts: $250K remittance cap, T+2 settlement, no leverage, no shorting, not 24/7, painful Tax handling\n* **Offshore CFD shops**: opaque pricing, sketchy custody, no INR rail, regulatory black hole\n* **Crypto Exchanges** such as CoinDCX which are catered towards crypto audiences. Majority of Indian daytraders don't understand 'crypto wallets' and 'gas fees'.\n\n![uploaded image](/media/?type=post\u0026id=101161\u0026key=user_uploads/1797347/625c590d-9442-488e-b1a6-57d01a7f147b)\n\n**None of them match** what an **Indian** F\u0026amp;O **trader** actually does and **wants** - every day leveraged derivatives, in INR.\n\nPromo: \u003chttps://www.youtube.com/watch?v=YGTRcZ2tgRM\u003e\n\n**What we built:** The trading terminal these users already know, run on perpetual futures:\n\n* **50+ US stock perps + pre-ipo stocks +commodities crypto + indices**, up to **50x leverage.** NVDA, TSLA, AAPL, META, GOOGL, SPY, plus BTC, ETH, SOL, plus index perps. One terminal, one balance.\n\n  ![uploaded image](/media/?type=post\u0026id=101161\u0026key=user_uploads/1797347/f4c0dbdf-56fb-4ea5-8f83-93f9e65df03b)\n\n* **INR on-ramp and off-ramp via UPI.** Withdraw to your KYC-verified bank in INR.\n\n  ![uploaded image](/media/?type=post\u0026id=101161\u0026key=user_uploads/1797347/697099f0-bff6-4bac-8adb-ff50624f850a)\n\n* **Terminal-grade UI** density built for serious traders. Fundamental Analysis for every stock, Advanced charts for Technical Analysis.\n\n  ![uploaded image](/media/?type=post\u0026id=101161\u0026key=user_uploads/1797347/39aac7df-4a94-4f57-8ff1-cc6e9eb3a24c)\n\n* **Non-custodial wallets. Sub-second execution** and **deep liquidity**, built on Hyperliquid.\n* **Compliance:** We're building it the right way. FIU-IND registration in flight, working with India's best law firm on regulatory architecture.\n\n**Who we are:** **Utkarsh** (CEO), **Chetan** (CPO), **Parth** (CTO). IIT grads, close friends for 10 years. Previously **built** crypto **wallet** with **2M** installs across **50+ countries**, processing over **$2Bn** in volumes, successfully **acquired** by an exchange.\n\n![uploaded image](/media/?type=post\u0026id=101161\u0026key=user_uploads/1797347/d892d716-f736-4f5c-b942-a985239fe819)\n\n**Our ask:**\n\n* F\u0026amp;O / perps traders: join the **waitlist** at [www.mochatrade.com](http://www.mochatrade.com)\n* **Operators** in Indian **fintech**, **crypto**, or **trader** communities - would love to chat\n* We're closing a **seed round**; warm intros welcome\n\nContact us at: [founders@mochatrade.com](mailto:founders@mochatrade.com)","slug":"QJd-mochatrade-us-stock-perps-for-indian-traders-with-up-to-50x-leverage","created_at":"2026-05-11T19:20:07.569Z","updated_at":"2026-05-25T04:27:31.799Z","total_vote_count":57,"url":"https://www.ycombinator.com/launches/QJd-mochatrade-us-stock-perps-for-indian-traders-with-up-to-50x-leverage","share_image_url":"https://www.ycombinator.com/media/?type=post\u0026id=101161\u0026key=user_uploads/1797347/d892d716-f736-4f5c-b942-a985239fe819","company":{"id":31529,"name":"Mochatrade","slug":"mochatrade","url":"https://www.mochatrade.com","logo":"https://bookface-images.s3.amazonaws.com/small_logos/b53aed7c2d61caf968cbcb61a42f6cd0f7f65ef9.png","batch":"Spring 2026","industry":"Fintech","tags":["Fintech","Crypto / Web3","Consumer Finance"],"search_path":"https://bookface.ycombinator.com/company/31529"}}