Are you on the web looking for the Best Apps to Invest in US Stocks From India 2024? If yes then you are at the right place. In this article, we are going to find out the Best Apps to Invest in US Stocks From India 2024 So that you don’t have to spend hours picking the right one.
Investing in the global market unlocks many benefits. You can invest in many well-known and big companies that rule the global market with their products. You can invest in US equities using mutual funds and global ETFs.
However, if you wish to invest in a single stock of a US company, many apps can help you, although many of them charge high brokerage fees. So finding the best US Stock investment app can be a difficult task. Therefore we have prepared this article so that you easily find the Best Apps to Invest in US Stocks From India 2024.
Best Apps to Invest in US Stocks From India 2024
| Best Apps to Invest in US Stocks From India | Download Link | Account Opening Charges | AMC |
|---|---|---|---|
| 1. INDmoney | Download INDmoney | ₹0 | ₹0 |
| 2. Vested | Download Vested | ₹250 | ₹0 |
| 3. Groww | Download Groww | ₹0 | ₹0 |
| 4. ICICDirect Global | Download ICICDirect | ₹0 | ₹300+GST/year |
| 5. Fi money | Download Fi money | ₹0 | ₹0 |
| 6. Winvesta | Download Winvesta | ₹0 | ₹0 |
| 7. Stockal | Download Stockal | ₹0 | ₹0 |
| 8. Motilal Oswal | Download Motilal Oswal | ₹0 | ₹199+GST/year |
| 9. Angelone | Download Angelone | ₹0 | ₹240+GST/year |
1. INDmoney
INDmoney is one of the Best Apps to Invest in US Stocks From India 2024. It features a clean and easy-to-use UI. You can also Invest in Indian stocks, mutual funds, and IPOs. In addition to this, there is also an option to track your investments with other brokers, bank accounts, credit scores, and more. The attractive part of this app is that it doesn’t charge AMC or any account opening fees.
However, you have to platform fee of 0.75% up to 1000 whenever you deposit money in your US Stock account. The platform allows you to analyze the fundamentals of a stock with its balance sheet and many Key ratios etc. The app also allows us to compare many stocks but we can add two stocks manually.
Also Read: Groww Vs Zerodha Vs Upstox
2. Vested
Vested was the first application that made the US stock investment process much easier. Unlike the smartphone app, the web app allows you to view technical charts and compare two stocks in a much better format. Unlike INDmoney here you can analyse a stock with its in-depth Fundamental Data and Key.
Vested helps you find the direct link to Earnings Call Transcripts for companies on the web, which is very useful when evaluating a company’s management performance and future visions. Nevertheless, if you don’t have time to spend hours researching stocks then you can also find many ready-made stock portfolios on the Vested app. Vested charges a one-time fee of ₹250 for account opening. Also, the AMC for vested is ₹0 but you can opt for a premium account for ₹375/month.
3. Groww
Incorporated in 2016, Groww is a Bangalore-based discount broker. It was initially started as a direct mutual fund investment platform. In the mid-2020s they expanded their services to invest in Equity and IPO. Intraday trading and F&O trading are also available on this platform. Groww also doesn’t charge any account opening fee or AMC. The Brokerage charges of Groww are also attractive.
To invest us stocks through Groww, you must visit its website and then activate your US Stock account. The user interface of Groww US stock investment is also easy to use and it provides many key ratios and in-depth financial performances of companies to analyse. Groww allows you to open a US investment account in partnership with ViewTrade securities. With Groww you have to pay a flat fee of $9 per withdrawal.
Also Read: How To Delete Upstox Account Permanently
4. ICICI Direct Global
ICICI Direct is one the leading bank base brokers. It is backed by one of the largest private-sector banks ICICI. This brokerage firm allows to invest and trade in equity, commodity, and currency. In addition, it also offers Mutual Funds & IPOs, Fixed deposits, bonds, NCDs, wealth products, Home Loans, Loans against Securities, etc.
Opening a Global Investment account with ICICI Direct allows you to invest in six major global markets the US, UK, Germany, Japan, Singapore & Hong Kong. The brokerage charge on this app is $ 2.75 per trade if you opt for the free account. You can also choose ₹999/year plan to cut down the brokerage charges or you can even go with ₹999/year for Zero Brokerage.
Also Read: Best Zero Brokerage Demat Account
5. Fi Money
Fi Money is a one-stop solution for all of your financial needs. You can open your Zero Balance Savings account with Fi Money. Fi Money offers this saving in partnership with Federal Bank and also insures your money up to ₹5 lakh. With Fi money, users can also invest in Indian mutual funds as well as US Stocks. For analyzing US stock it offers many charts and key ratio graphs.
6. Winvesta
If you are looking for the best apps to invest in US stocks then you can also consider Winvesta. The platform and its partners are registered and regulated with multiple regulators like the FCA in the UK, and FINRA and SEC in the US. You can invest in more than 4500+ Stocks and ETFs starting as low as $1.
The joining fee and annual maintenance charge are also zero with this platform. Apart from this, it gives 10 free trades per month for the first month and after that, you will get 3 free trades per month.
7. Stockal
With this app, we can invest in over 5,500+ U.S.-listed stocks and ETFs starting as low as $.01. Similar to Vested, Stockal also features pre-configured baskets of stocks & ETFs. Stockal offers two plans one is free and the other is paid. The Paid plan costs INR 9,999/year and it will give you access to all Stacks, Dedicated Hotlines, and In-depth research. Apart from this, you will also get a low commission charge of 1 cent per share.
8. Motilal Oswal
Incorporated in 1987 Motilal Oswal is one of the most popular full-service brokers. Currently, the firm has more than 8 lakh, active users. The Platform offers trading services in Equity, Commodity, Currency and Derivatives. Also, we can invest in Stocks, ETFs, Mutual Funds, IPOs, Gold, Insurance, Fixed Income products, and readymade portfolios such as Stock Baskets, Intelligent Advisory Portfolios, etc.
Recently it has partnered with the Stockal platform allowing its users to invest in US Stocks as well. Stokal offers Zero Annual Maintenance Charges and No Account Opening Fees, so you won’t need to pay for Motilal Oswal either. However, Motilal Oswal charges Rs 199 per year for demat account AMC.
Also Read: Best Drone Companies in Indian Stock Market
9. Angel One
Incorporated in 1987, Angel One is one of the largest full-service retail brokers in India and still gives tough competition to other discounted brokers available in the market. Currently Angel One has an active client base of more than 40 lakhs.
Angel One doesn’t charge any account opening fee and also you will enjoy zero AMC for the first year, but from the second year onwards, you must pay 240+ GST/year as an annual maintenance fee. Using the Angel One app you can invest and trade across multiple asset classes.
Similarly to Motilal Oswal, Angel One offers its users an opportunity to invest in the US market via third-party broker Vested. The charges of US stock investment through Angel One will be similar to Vested. You will also have to pay 250 for while account opening.
Also Read: Best FMCG Stocks in India
FAQs: Best Apps to Invest in US Stocks From India
You can use apps like INDmoney, Vested, and ICICDirect to invest in US stock from India.
The vested app is like Zerodha for US stocks.
No, we can’t invest in US stocks using Zerodha. But you can purchase global ETFs and Mutual funds that have exposure to international markets Can we invest in US stocks using Zerodha?
Yes, the INDmoney app is registered with SEBI and SEC. Therefore it’s safe and secure.
No, we do not have to pay any charges for US stocks on INDmoney however it charges 0.75% up to 1000 as a platform fee whenever you deposit money.
Wrapping Up
So after comparing all of the Best Apps to Invest in US Stocks From India, we can say Vested and INDmoney are the best options to consider. Groww is also good but it currently has high withdrawal fees and you have to use its web platform to purchase US equities. Speaking of the other apps they either have high brokerage charges and also offer investment through third-party apps.
Among Vested and INDMoney we will recommend INDMoney as you can invest and manage financial needs under a single roof. You can consider our article on Vested vs INDMoney to find which one is best for you. Hope this article was helpful for you.
