₹20 Indian F&O brokerage		0.25% US stocks brokerage (max $25)		9,000+ US stocks accessible
₹0 AMC & account opening		$1 Min US stock investment		3.8/5 CSB Rating

INDmoney is India's self-described "Super Finance App" — founded in 2019 by Ashish Kashyap (originally as INDwealth). It is the only major Indian broker that lets you invest in both Indian stocks and over 9,000 US stocks and ETFs from a single app. Beyond broking, INDmoney covers direct mutual funds (1,600+ schemes), fixed deposits, NPS, insurance, credit score tracking, and a family account management tool that aggregates all financial accounts in one dashboard. For Indian investors who want a single app to manage their entire financial life, INDmoney's product scope is genuinely unmatched.

On Indian stocks: standard ₹20/order for F&O, ₹0 delivery, ₹0 AMC, ₹0 account opening. The DP charge is ₹18.5+GST per ISIN — higher than most competitors, a notable cost for active delivery sellers. On US stocks: INDmoney uses DriveWealth LLC as its US broker partner (FINRA and SIPC member, protected up to $500,000). INDmoney's US stock brokerage is 0.25% per transaction (maximum $25). Fractional investing starts from $1. INDmoney's US stock platform is IFSCA-regulated at GIFT City. US stock SIPs are available, enabling automated recurring investments in US stocks — a feature unique in the Indian market.

A critical distinction on US stock costs: INDmoney itself does not charge forex conversion fees. The conversion charge of 0.5%–1.2% is levied by your bank for the USD conversion. The actual all-in cost of investing in US stocks via INDmoney includes INDmoney's 0.25% brokerage plus your bank's forex spread — which varies by bank and can materially affect net returns over time.

Indian stock brokerage

3.5

US stocks platform

4.3

Super-app product breadth

4.7

Account opening

4.2

Customer support

3.1

F&O platform

3.4

Value for investors

4.1

Overall Rating

3.8

Ratings based on independent testing, verified user reviews, SEBI complaint data, and platform benchmarking. Updated March 2026.

Charges verified from indmoney.com/pricing (official), Chittorgarh, and InvestorGain as of March 2026.

INDmoney's US stock platform is IFSCA-regulated at GIFT City, using DriveWealth LLC (FINRA/SIPC member) as the underlying US broker. This gives Indian investors access to 9,000+ US stocks and ETFs listed on NYSE and NASDAQ — including fractional shares from just $1. The standout feature is US stock SIPs: investors can set up automated monthly or weekly investments in US stocks, mirroring the familiar Indian SIP format. This removes the timing complexity of lump-sum US investing and suits long-term wealth builders who want rupee-cost averaging into global stocks.

The SIPC protection covers up to $500,000 per account (including $250,000 in cash). Capital gains on US stocks are not taxed in the US (India-US tax treaty) and are taxable only in India: 12.5% for stocks held over 2 years (long-term). Repatriation of funds from US account to Indian bank account takes 3–7 business days.

INDmoney's super-app capability covers: Indian stocks and F&O, US stocks, direct mutual funds (1,600+ schemes), fixed deposits (multiple bank partners), NPS (National Pension System with tax benefits), insurance products, credit score monitoring, and a net worth tracker that aggregates all your financial accounts — bank accounts, mutual fund folios, EPF, insurance policies — into a single consolidated dashboard. The family accounts feature lets you manage financial portfolios of your spouse, parents, or children from your single INDmoney account. This breadth has no comparable equivalent in Indian discount broking.

INDmoney provides two applications: the INDmoney App (main app for investing, MF, US stocks, FD, NPS, net worth tracking) and INDstocks (a dedicated F&O trading app with market data, option chain, and order placement). Both are available on Android and iOS, and a web platform is also available.

• You want Indian + US stocks in one app — the only Indian broker offering 9,000+ US stocks alongside Indian equity F&O. If global diversification is part of your investment strategy, INDmoney is the simplest path.
• You want US stock SIPs — automated monthly US stock investing from India is uniquely available at INDmoney. No other Indian broker offers this as a direct feature.
• You want your entire financial life in one place — stocks + MF + FD + NPS + insurance + net worth tracker + family accounts. The super-app breadth is unmatched.
• You are a buy-and-hold investor (not an active trader) — ₹0 delivery, ₹0 AMC, solid MF platform. The higher DP charge (₹18.5) hurts only if you sell frequently.

• You are an active delivery seller — DP charge at ₹18.5+GST per ISIN is the highest in the reviewed broker set. Compare: Shoonya ₹9, Fyers ₹12.50, Dhan ₹12.50. Frequent delivery selling makes INDmoney expensive.
• You are an active F&O trader — ₹20 brokerage (standard), no advanced tools vs Dhan or TradeSmart, no GTT. Better options exist.
• You trade MCX commodities or currency derivatives — not supported.