Vested Finance vs INDmoney – Which Is Better for US Stock Investing from India?

When I moved back to India in 2017, one thing kept me up at night. My US stock portfolio.

I had spent years building positions in companies I believed in. Apple. Google. Tesla before it became cool.

The question was simple. Should I liquidate everything or find a way to keep investing from India?

That’s when platforms like Vested Finance and INDmoney started gaining traction. They promised something revolutionary. Direct access to US stocks without the traditional hassles.

But which one actually delivers?

I spent months testing both. Here’s what I learned.

Why NRIs Care About US Stock Investing

The rupee has depreciated over 30% against the dollar in the last decade. That’s a massive wealth erosion if all your money sits in Indian assets.

Diversification isn’t optional anymore. It’s survival.

When I was working at Citrix in the US, I could easily buy stocks through Robinhood or E*TRADE. Coming back to India changed everything.

Indian brokers didn’t offer US stocks back then. The only option was opening an international trading account with traditional brokers. The fees were brutal.

Platforms like Vested and INDmoney changed the game entirely.

Both platforms let you invest in US stocks directly from India. But they work very differently.

If you’re also exploring how to invest in US stocks from India, understanding these differences matters.

The Quick Comparison

Here’s how they stack up side by side.

Both platforms use the Liberalised Remittance Scheme. You can send up to $250,000 per financial year.

The custodian for both is DriveWealth, a US-based broker. Your investments are protected up to $500,000 by SIPC.

That’s reassuring.

“Investing in US stocks from India felt impossible five years ago. Now it’s easier than ordering food online.”

Where Vested Shines

I’ll be honest. Vested Finance feels purpose-built for serious US stock investors.

The platform offers options trading. That’s huge if you understand derivatives. Most Indian investors don’t need this. But for those who do, it’s a game changer.

Vested also has something called Vests. These are curated portfolios built around themes. Think “Cloud Computing” or “Electric Vehicles.”

When I was starting out after moving back, I used these Vests to get exposure to sectors I believed in without picking individual stocks.

The research tools are solid too. You get analyst ratings, financial data, and news feeds. Everything you’d expect from a mature platform.

💡Tip: If you’re new to US investing, start with Vested’s thematic Vests before picking individual stocks.

Tax filing support is another area where Vested leads. They offer partnerships with CAs who understand NRI taxation. Filing your returns when you have foreign income can get messy. Smart tax strategies for returning NRIs are critical.

The premium plans ($30-40 annually) unlock better customer support and advanced features.

I subscribed. Worth it for peace of mind.

Where INDmoney Wins

INDmoney takes a different approach. It’s not just a US stock platform.

It’s a unified wealth management app.

You can track Indian stocks, mutual funds, fixed deposits, PPF, and your US investments all in one place. For someone managing assets across geographies, this is brilliant.

My wife loves this feature. She can see our entire portfolio at a glance. No switching between apps.

INDmoney also offers Indian mutual funds through their platform. If you want to invest in both markets without juggling apps, this matters.

The interface feels more Indian. That sounds trivial until you’re using it daily. Everything from language to UX is designed for the Indian mindset.

They also launched goal-based planning tools. Want to save for your kid’s US education? The app helps you calculate and invest accordingly.

Quick Recap:

✅ Unified dashboard for Indian + US assets
✅ No platform fees
✅ Better for casual investors
✅ Goal-based planning

For people just getting comfortable with investing after returning to India, INDmoney feels less intimidating.

Fees: The Real Story

Both platforms claim zero brokerage. That’s technically true for stock trades.

But here’s the catch. Currency conversion is where costs hide.

When you send money through LRS, banks charge forex markup. Usually 0.5% to 1%.

Vested and INDmoney negotiate better rates because of volume. You’ll typically save 0.2% to 0.3% compared to bank rates.

Still, on a $10,000 investment, that’s $20-30.

🧠 My Take: Compare the forex rates before every transaction. They fluctuate.

Also remember. You’ll pay taxes in India on your US stock gains. Capital gains, dividend income, everything gets taxed here.

Understanding Indian tax rules for NRIs with foreign income saves you headaches later.

My Personal Experience

I use both platforms. Different purposes.

Vested handles my core US portfolio. Long term positions in tech stocks. Some options plays when I’m feeling adventurous.

INDmoney tracks everything else. My Indian mutual funds, gold ETFs, and a small portion of US stocks I trade more frequently.

Having that unified view helps during tax season. I can quickly pull reports showing all my investments.

When I first returned to India, I was overwhelmed by financial decisions. Planning your finances after years abroad takes time.

These platforms made the transition smoother.

📊 73% of NRIs maintain exposure to foreign stocks after returning, according to a 2024 study by Karvy. (Source: Economic Times)

Which One Should You Choose?

If you’re primarily focused on US investing and want advanced features, go with Vested.

If you want a single app for all your investments and like simplicity, choose INDmoney.

Honestly, you can’t go wrong with either.

Both are legitimate. Both use regulated custodians. Both offer similar core functionality.

The deciding factor is your investing style.

Are you someone who researches deeply before investing? Vested.

Are you looking for convenience and don’t want multiple apps? INDmoney.

If you had $100K to invest, would you split it across geographies or concentrate in one market?

That’s a question only you can answer. For me, having 40% exposure to US markets feels right.

It hedges against rupee depreciation. It gives access to companies that don’t exist in India. And it forces me to stay updated on global trends.

When I worked at Druva and HappyFox, I saw how global tech companies operated. That knowledge translates into better investment decisions.

💡Tip: Start small. Invest $1000-2000 first. Get comfortable with the platform before committing larger amounts.

Also, don’t ignore the best apps to invest in mutual funds for your Indian portfolio. Balance is everything.

The Bottom Line

Both Vested Finance and INDmoney democratized US investing for Indians.

Five years ago, this wasn’t possible. Today, a college student in Bangalore can own Apple shares with ₹500.

That’s powerful.

Choose based on your needs. Try both if you can. Most people end up using one as their primary platform after a few months.

My sons are still young. But I’m already planning to teach them about investing using these platforms. The earlier they learn, the better.

If you’re still deciding whether to keep money abroad or bring it to India, these platforms offer a middle path.

You can bring money back but keep investing in US assets.

For questions or experiences from other NRIs, join our Back to India Facebook group. The collective wisdom there is incredible.

TLDR

Vested Finance:

• Better for serious US stock investors
• Offers options trading and bonds
• Superior research tools and tax support
• Costs $30-40 annually for premium features
• More complex but powerful

INDmoney:

• Better for casual investors
• Unified dashboard for Indian + US assets
• Free forever
• Simpler interface
• Goal-based planning tools

Both platforms:

• Zero brokerage on stock trades
• Support fractional shares ($1 minimum)
• Use DriveWealth as custodian
• SIPC insured up to $500,000
• 2-3 day account opening

Choose Vested if: You want advanced features, options trading, and are serious about US investing.

Choose INDmoney if: You want simplicity, unified wealth tracking, and invest in both Indian and US markets.

Sources:

1. Vested Finance official website – https://www.vestedfinance.com/
2. INDmoney official website – https://www.indmoney.com/
3. RBI Liberalised Remittance Scheme – https://www.rbi.org.in/
4. SIPC Protection – https://www.sipc.org/
5. Economic Times NRI Investment Report – https://economictimes.indiatimes.com/