Investing in US stocks from India has never been easier, thanks to the INDmoney app. This comprehensive guide will walk you through the process, ensuring you can start your investment journey with confidence.

Why Invest in US Stocks?

Investing in US stocks can be a great way to diversify your portfolio and gain exposure to some of the world’s largest companies. However, it’s important to be aware of the risks involved.

Benefits of Investing in US Stocks

• Global Diversification: Spread your investments beyond the Indian market.
• Access to High-Growth Companies: Invest in global giants like Apple, Google, and Amazon.
• Dollar Appreciation: Benefit from the appreciation of the US dollar against the Indian rupee.

Highlighted Features of INDMoney

• Real-time Tracking: Monitor stock prices and market movements.
• Family Account: Manage multiple family accounts in one place.
• Investment Portfolios: Create and manage diverse portfolios.
• Detailed Analysis: Get insights on individual stocks and sectors.

Why Choose INDMoney?

INDmoney is considered a safe platform for investing due to several key features and regulatory compliances. Here are some reasons why INDmoney is a secure choice for investors:

1. SEBI Registration

• Regulated by SEBI: INDmoney is a SEBI-registered financial advisory company, ensuring it adheres to the regulations and guidelines set by the Securities and Exchange Board of India [1].

2. Reputed Backers

• Institutional Investors: INDmoney is backed by reputed foreign institutional investors such as Tiger Global, Steadview Capital, Dragoneer, and Sixteenth Street Capital [1]. This backing adds a layer of credibility and trust to the platform.

3. Secure Transactions

• Encryption and Security: The app uses advanced encryption technologies to protect user data and transactions. This ensures that your personal and financial information is secure [1].
• Two-Factor Authentication: INDmoney offers two-factor authentication (2FA) to add an extra layer of security to your account [1].

4. Transparent Operations

• No Hidden Charges: INDmoney is transparent about its fees and charges, ensuring that users are fully aware of any costs involved in their transactions [1].
• Direct Mutual Funds: The platform offers direct mutual funds, which means there are no commissions or hidden charges, making it a cost-effective option for investors [1].

5. User-Friendly Interface

• Ease of Use: The app is designed to be user-friendly, making it easy for investors to navigate and manage their investments [2].
• Comprehensive Financial Tools: INDmoney provides a range of financial tools to help users track their investments, set financial goals, and create budgets [2].

6. Customer Support

• Responsive Support: INDmoney offers responsive customer support to assist users with any queries or issues they may encounter [1].

7. Compliance with International Standards

• Partnership with Vested: For US stock investments, INDmoney partners with Vested, a US brokerage, ensuring compliance with international standards and regulations [1].

By incorporating these safety features and adhering to regulatory standards, INDmoney provides a secure and reliable platform for investors to manage their finances and investments.

Getting Started with INDmoney

Step 1: Download and Install the INDmoney App

• For Android Users: Download from the Google Play Store.
• For iOS Users: Download from the Apple App Store.

Step 2: Create Your INDmoney Account

• Sign Up: Provide your personal details, such as name, email, and phone number.
• Complete KYC: Submit your KYC details, like your Aadhar Card or PAN Card, for verification.

Step 3: Link Your Bank Account

• Add Bank Details: Provide your bank account number, IFSC code, and MICR code.
• Verification: Verify your bank account to enable fund transfers.

Funding Your INDmoney Account

Step 4: Add Money to Your Account

• Create a Free Savings Account: Open a savings account with Federal Bank through the app.
• Transfer Funds: Transfer money from your Indian bank account to your INDmoney US account.

Step 5: Convert INR to USD

• Competitive Exchange Rates: INDmoney offers competitive INR to USD exchange rates.
• Zero Forex Charges: Enjoy zero forex charges on your transactions.

Investing in US Stocks

Step 6: Explore US Stocks

• Browse Stocks: Use the app to browse through a wide range of US stocks and ETFs.
• Collections and Sorting: Utilise collections like Top Tech and sorting options based on market cap, name, returns, prices, and analyst ratings.

Step 7: Place Your Buy Order

• Select a stock: Choose a stock by its company name or symbol.
• Specify Investment Amount: Enter the amount in dollars or the number of shares you wish to buy.
• Place Order: Click on “Place Buy Order” to complete your purchase.

Managing Your Investments

Step 8: Monitor Your Portfolio

• Portfolio Performance Analysis: Use the app’s tools to analyse your portfolio’s performance.
• Set Price Alerts: Add stocks to your watchlist and set price alerts for timely updates.

Step 9: Withdraw Funds

• Easy Withdrawals: Withdraw your funds anytime with zero withdrawal charges.
• Track Transactions: Keep track of all your transactions within the app.

Detailed KYC Process on INDmoney

Step 1: Sign Up with Your Mobile Number

• Download the App: Ensure you have the INDmoney app installed on your device.
• Sign Up: Enter your mobile number to create an account.

Step 2: Enter Personal Details

• Basic Information: Provide your name, date of birth, and address.
• Upload Aadhaar: Upload a clear image of your Aadhaar card for identity verification.

Step 3: Record a Selfie Video

• Selfie Video: Record a short selfie video as part of the verification process. This helps in confirming your identity.

Step 4: Upload PAN Card

• PAN Card: Upload a clear image of your PAN card. This is essential for tax purposes and to comply with regulatory requirements.

Step 5: Bank Account Verification

• Bank Details: Provide your bank account number, IFSC code, and MICR code.
• Verification: The app will verify your bank account to enable seamless fund transfers.

Benefits of Completing KYC

• Prevents Frauds: KYC helps in identifying and preventing fraudulent activities.
• Enhanced Security: Ensures that your account is secure and only accessible by you.
• Improved Customer Experience: A streamlined KYC process leads to a hassle-free investment journey.

By following these steps, you can complete your KYC on the INDmoney app quickly and securely, allowing you to start investing in US stocks with ease [5][6].

Fees for US stocks through the INDmoney [7]

Here are the key charges to be aware of:

1. Account Opening and Maintenance

• Account Opening Charges: ₹0 (Free)
• Account Maintenance Charges: ₹0 (Free)
• Profile Verification: ₹0 (Free)

2. Transaction & Tracking Fees

• Brokerage Fee: 0.25% per transaction | Max: $25 (excl GST)
• SIP in US Stocks and ETFs: ₹0 (Free)
• Platform Fee: ₹0 (Free) per transaction
• Tracking Charges: ₹0 (Free)

3. Fund Transfer Charges

• Fund Transfer to US Account: ₹0 (Free) if using the Federal Bank savings account created through the app

4. Withdrawal Charges

• Fund Withdrawal Charges: ₹0 (Free) per withdrawal (Fedral Bank)

Additional Benefits

• Zero Forex Charges: INDmoney offers zero forex charges on currency conversion.
• Competitive Exchange Rates: Enjoy competitive INR to USD exchange rates.

By understanding these fees, you can better manage your investments and optimise your returns.

Capital Gains Tax for US Stocks in India

Types of Capital Gains

Capital gains are classified into two types based on the holding period of the stocks:

1. Short-Term Capital Gains (STCG)
2. Long-Term Capital Gains (LTCG)

Holding Period

• Short-Term: If you hold US stocks for 24 months or less, the gains are considered short-term.
• Long-Term: If you hold US stocks for more than 24 months, the gains are considered long-term [10].

Tax Rates

• Short-Term Capital Gains (STCG): These gains are added to your total income and taxed at your applicable income tax slab rate [10].

Long-Term Capital Gains (LTCG): These gains are taxed at a flat rate of 20% with indexation benefits [10].

Comparing INDmoney to Other Platforms

When comparing INDmoney to other platforms for investing in US stocks, several factors come into play, including fees, features, ease of use, and customer support. Here’s a detailed comparison:

INDmoney

Key Features

• Zero Commission on Buy and Sell: INDmoney does not charge any commission on buying and selling US stocks and ETFs [3].
• Fractional Shares: Allows you to buy fractional shares, making it easier to invest in high-priced stocks[3].
• Free and Insured US Account: INDmoney partners with Drive Wealth to provide a free and insured US trading account [3].
• Advisory and Portfolio Management: Offers advisory services and tools for portfolio management [3].
• Zero Forex Charges: No charges for currency conversion [3].
• Competitive Exchange Rates: Provides competitive INR to USD exchange rates [3].

Fees

• Brokerage Fee: 0.25% per transaction [7].
• Platform Fee: 0.75% per transaction [7].
• Fund Transfer Charges: ₹0 (Free) per transfer from a Federal Bank to the INDmoney US account [7].
• Withdrawal Charges: $5 per withdrawal [7].

Vested

Key Features

• Zero Commission on Buy and Sell: Similar to INDmoney, Vested does not charge any commission on buying and selling US stocks [8].
• Fractional Shares: Allows investment in fractional shares [8].
• Free US Account: Provides a free US trading account [8].
• Thematic Investing: Offers pre-built portfolios based on themes like technology, healthcare, etc. [8].

Fees

• Brokerage Fee: 0.25% per transaction [8].
• Withdrawal Charges: $5 per withdrawal [8].

Interactive Brokers (IBKR)

Key Features

• Low Commission Rates: Charges a low commission on trades [9].
• Fractional Shares: Allows investment in fractional shares [9].
• Advanced Trading Tools: Offers a range of advanced trading tools and research [9].
• Global Access: Provides access to multiple global markets [9].

Fees

• Commission: $0.005 per share with a minimum of $1 per trade [9].
• Monthly Inactivity Fee: $10 if the account balance is below $100,000 [9].
• Withdrawal Charges: $10 per withdrawal after the first free withdrawal each month [9].

INDmoney vs. Competitors

• Fees: INDmoney offers competitive fees with zero commission on trades and no forex charges.
• Features: INDmoney provides a comprehensive set of features, including fractional shares, advisory services, and competitive exchange rates.
• Ease of Use: INDmoney is user-friendly and offers a seamless experience for Indian investors looking to invest in US stocks.

Overall, INDmoney stands out for its zero commission on trades, competitive exchange rates, and comprehensive features, making it a strong contender among platforms for investing in US stocks.

Conclusion

Investing in US stocks through the INDmoney app is a seamless process that offers numerous benefits, from global diversification to competitive exchange rates. By following this step-by-step guide, you can confidently start your investment journey and take advantage of the growth opportunities in the US market.

Happy investing! 🚀

References

[1] IND Money Review 2025: Is IND money safe? – Money Laid

[2] INDmoney – Stock, Mutual Fund – Apps on Google Play

[3] Invest in US stocks from India – INDmoney

[4] How to Invest in US Stocks Via INDmoney – Zero Forex Charges

[5] KYC Online: Paperless Free KYC for Investment Account at … – INDmoney

[6] How to do KYC Online for Mutual Fund: Complete Guide – INDmoney

[7] Pricing – INDmoney

[8] Vested Plans And Pricing

[9] Best Online Brokers And Trading Platforms Of January 2025

[10] How To Calculate Capital Gains From U.S. Stocks – ClearTax

Disclaimer

The information provided on this blog is for informational purposes only and should not be construed as financial, investment, or legal advice. While we strive to provide accurate and up-to-date information, we make no warranties or representations regarding the completeness, accuracy, reliability, suitability, or availability of the information contained on this blog or the products, services, or related graphics mentioned.

Investing in financial markets involves risk, including the potential loss of principal. Past performance is not indicative of future results. Before making any investment decisions, you should conduct your own research and seek advice from a qualified financial advisor.

The mention of any investment app, including INDmoney, does not constitute an endorsement or recommendation. We do not receive any compensation from the mentioned apps and are not responsible for any actions taken based on the information provided on this blog. By using this blog, you agree to the terms of this disclaimer and acknowledge that any reliance on the information provided is at your own risk.