Investing in US stocks has gained immense popularity among Indian investors due to the potential for higher returns and access to global market leaders. As a result, there is a growing demand for reliable and user-friendly brokers that facilitate investing in US stocks from India.
These brokers offer a range of features and services to cater to the needs of Indian investors, including access to US stocks, fractional investing, zero commission charges, intuitive platforms, and a wide selection of investment options.
Let’s explore some of the best brokers to invest in US stocks from India.
#1. INDmoney
INDmoney is a comprehensive financial planning platform in India that offers a range of investment services, including the opportunity to invest in US stocks from India. This platform offers US stock investment through their US-based broker called Drivewealth.
Founded in 2019, INDmoney is an Indian stock broker and registered with SEBI. INDmoney allows you to invest in 3500 US stocks and ETFs. You can open a free US investment account with a 0.15% per-order brokerage charge. You can also buy the US shares fractionally.
You can also get the Robo-advisory regarding the US stocks. In addition to investment services, INDmoney offers tools for financial planning, tax optimization, insurance, and loan management.
INDmoney’s investment offerings are not limited to US stocks alone. You can also explore investment opportunities in Indian stocks, mutual funds, and fixed deposits through the platform.
INDmoney allows you to invest in Indian stocks but doesn’t offer to trade in F&O, commodity, and currency segments. If you want to invest in Indian stock market you can check out our research report on top 20 stock brokers in India 2023.
Key Features of INDmoney
- Zero account opening and (AMC) maintenance charges
- Low brokerage charges on investing in US stocks and ETFs
- Personalized investment advice
- Access to Indian stocks, mutual funds, and fixed deposits
- Expense tracking and financial management capabilities
- Easy-to-use and intuitive interface
- Get a personal loan at around 13-15% p.a. interest rate with zero foreclosure charges
Account opening and brokerage charges for INDmoney
| Particulars | Charges of INDmoney |
| Account opening | Zero |
| Annual maintenance fee | Zero |
| US account fund deposit fee | Zero |
| US account fund withdrawal fee | $5 per transaction |
| Brokerage Charges | 0.15% per order |
| ETF commission | Zero |
#2. Vested
Vested is an exclusive US Securities and Exchange Commission registered stock broker that facilitates investing in the US markets from India. With Vested, you have the opportunity to invest in US stocks and ETFs from India.
One of the standout features of Vested is its fractional investing capability, allowing you to buy fractions of shares without being restricted by the current share price. Additionally, Vested has no minimum balance requirement, making the investment process convenient and accessible for you of all levels.
If you have a premium account, you can enjoy 2 free withdrawals yearly from your US account through Vested Direct, an internal platform. But you need to pay Rs 4500 annually for opening a premium account.
Vested offers investments in
- US stocks and ETFs – offers fractional investing in US stocks as well as ETFs
- Vests – exclusive readymade portfolios to diversify your investments and capitalize on the growth potential of the US market.
- OTC securities – allows you to invest in cryptocurrencies such as bitcoin, Ethereum, and similar digital currencies.
It’s important to note that Vested investment options are limited to the US market. While the INDmoney offers a wide range of investment options, including Indian and US stocks, mutual funds, and fixed deposits. You can also check the detailed comparison of Vested vs INDmoney for US investments.
However, you can find peace of mind knowing that money invested through Vested is insured by the Securities Investor Protection Corporation (SIPC) for up to $500,000, providing an extra layer of protection.
Key Features of Vested
- Low brokerage charges on investing in US stocks
- Fractional investing in US stocks and ETFs
- No minimum balance required
- Vests specially curated portfolios to diversify your investments
- OTC securities for investing in cryptocurrencies such as bitcoin, Ethereum.
- Live data feed
- Advanced analytical tools and research capabilities
- User-friendly interface and intuitive platform
Account opening and brokerage charges for Vested
| Particulars | Charges of Vested |
| Account opening | Rs 450 |
| Annual maintenance fee | Zero |
| US account fund deposit fee | Zero |
| US account fund withdrawal fee | $5 per transaction for the basic account Free for a premium account |
| Brokerage Charges | Basic plan: 0.20% of the order amount up to $20 max Premium plan: 0.10% of the order amount up to $20 max |
| ETF commission | Zero |
| Premium account charges | Rs 4500 per year |
#3. Groww
Groww is a popular stockbroker and investment platform in India that provides Indian investors with the opportunity to invest in US stocks. With its user-friendly and intuitive platform, you can easily diversify your portfolios and access investment opportunities in US stocks.
Groww offers fractional investing, allowing you to purchase fractional shares of US stocks. This makes it more accessible for you with smaller investment amounts.
Groww collaborates with ViewTrade Securities to facilitate the opening of US investment accounts. Initially, you can enjoy the benefit of zero fees on your first withdrawal. However, subsequent withdrawals are subject to a flat fee of $9 per withdrawal.
In addition to US stocks, Groww offers a diverse range of investment options, including Indian stocks, mutual funds, ETFs, and bonds including sovereign Gold bonds.
You can also check out the step-by-step guide on how to invest in US stocks with Groww app.
Key Features of Groww
- You can buy and sell 2800+ US stocks with zero brokerage fees.
- Free investing in US stocks and ETFs
- Fractional investing for accessibility
- Partnership with ViewTrade Securities for US investment accounts
- Zero fee on first withdrawal, $9 fee per subsequent withdrawal
- In-depth charts for company analysis
- Wide range of investment options including Indian stocks, mutual funds, ETFs, and bonds
Account opening and brokerage charges for Groww
| Particulars | Charges of Groww |
| Account opening | Zero |
| Annual maintenance fee | Zero |
| US account fund deposit fee | Zero |
| US account fund withdrawal fee | $9 per transaction |
| Brokerage Charges | Zero (Limited period offer) |
| ETF commission | Zero |
#4. Angel One
Angel One is a trusted stockbroker that offers Indian investors the opportunity to invest in US stocks through its partnership with Vested, a US Securities and Exchange Commission Registered Investment Advisor.
With Angel One, you can access the US market and invest in stocks and ETFs with zero commission charges. You can buy the US shares in fraction with a minimum investment amount as low as $1.
Additionally, Angel One provides you with readymade curated portfolios called “Vests.” These portfolios are designed to cater to different goals, offering an easy and diversified investment option. You can choose from a range of Vests tailored to your risk appetite and investment preferences.
Opening a US brokerage account with Angel One is a quick and straightforward process. Through the Angel One US stock investment app, you can open a US brokerage account within minutes, enabling them to start investing in US stocks hassle-free. The platform ensures a seamless and user-friendly experience for you venturing into the US stock market.
Key Features of Angel One
- Partnership with Vested for investing in US stocks & ETFs
- Zero commission charges for investing in US stocks
- Ability to buy US shares in fractions
- Minimum investment amount as low as $1
- Readymade curated portfolios called “Vests”
- Quick and hassle-free account opening process
- User-friendly app for seamless investing experience
Account opening and brokerage charges for Angel One
| Particulars | Charges of Angel One |
| Account opening | Rs. 450 for vested account |
| Annual maintenance fee | Zero |
| US account fund deposit fee | Zero |
| US account fund withdrawal fee | $11 per withdrawal |
| Brokerage Charges | 0.20% per order amount up to $20 |
| ETF commission | Zero |
#5. 5paisa
5paisa, in collaboration with Vested, offers Indian investors the opportunity to invest in the US stock market with zero commission charges. Leveraging advanced technology, 5paisa ensures a smooth and efficient investing experience in the global market.
With 5paisa, you can diversify your wealth by investing in renowned US stocks such as Google, Amazon, Apple, Microsoft, and Netflix. Similar to Vested, 5paisa allows you to buy shares fractionally, eliminating the need to purchase complete shares.
In addition to individual stock investments, 5paisa offers pre-built curated baskets of stocks and ETFs. These baskets are carefully researched and designed to align with specific themes and strategies, providing you with convenient options to diversify your portfolios.
You may like to read how to diversify your 15 lakhs investment portfolio to get monthly income in India.
Key Features of 5paisa
- Zero commission charges for US stock investments
- Range of investment options beyond US stocks
- No minimum balance required
- Investing in fractional shares
- Access to US stocks and ETFs for Indian investors
- Robo Advisory services
- Provide Stock Investment Ideas and Research tools
- Pre-built curated baskets of stocks and ETFs
Account opening and brokerage charges for 5paisa
| Particulars | Charges of 5paisa |
| Account opening | Rs. 450 for vested account |
| Annual maintenance fee | Zero |
| US account fund deposit fee | Zero |
| US account fund withdrawal fee | Not Defined, May be $5 per withdrawal as of Vested |
| Brokerage Charges | 0.20% per order amount up to $20 |
| ETF commission | Zero |
Frequently Asked Questions (FAQs)
Yes, you can withdraw the funds from your US account to your Indian bank account. However, you need to pay $5 to $11 per withdrawal transaction.
There are several brokers in India that allow investing in US stocks, such as INDmoney, Groww, Vested, HDFC Securities, 5paisa, and Angel One.
Yes, INDmoney’s user-friendly interface and personalized investment advice make it suitable for both beginner and experienced investors.
Yes, INDmoney is a secure platform due to its registration with SEBI as a financial advisory company.
To ensure safety, INDmoney undergoes rigorous security audits conducted by Bishop Fox, a renowned firm specializing in providing secure platforms. These measures further enhance the security and reliability of the INDmoney platform.
Yes, you can invest directly in US stocks from India through investment apps that offer access to US markets.
No, currently Zerodha is not allowed to invest in Us stocks from India.
Yes. NRIs can also invest in US stocks from India.
