An honest comparison. What each does well, where each falls short, and which fits your needs.
8 min read · April 2026
Feature-by-feature comparison
If you want US stocks, all three work. If you want a global portfolio with bonds, REITs, pre-IPO, and estate tax protection, the differences are enormous.
3
PLATFORMS COMPARED
1L+
VALURA SECURITIES
5K
OTHERS (US ONLY)
IFSCA
VALURA CUSTODY
FEATURE COMPARISON
Head to Headon Every Feature
Feature
Valura
INDmoney
Vested
US stocks & ETFs
✓ (part of 1L+)
✓ 5,000+
✓ 5,000+
Global equities (Europe, UK, Japan)
✓
✗
✗
Globally domiciled mutual funds
✓ (Vanguard, iShares, PIMCO)
✗
Limited (GIFT City)
Global bonds
✓
✗
✗
Global REITs
✓
✗
✗
Pre-IPO opportunities
✓
✗
✗
Fractional shares
✓
✓
✓
Regulatory licence
Own IFSCA licence
SEBI + IFSCA
DriveWealth partner
Custody
IFSCA (Indian regulatory)
US custodian (DriveWealth)
US custodian (DriveWealth)
US estate tax exposure
Mitigated (IFSCA custody)
Yes (US-situs)
Yes (US-situs)
India-ready tax reports
Schedule FA, Form 67, CG
Basic
Basic
Indian domestic investing
Global only
✓ (stocks, MFs, FDs, insurance)
Global only
Minimum investment
₹500
₹500
₹1,000
"The right platform depends on what you are building. If you want US stocks, all three work. If you want a global portfolio, the differences are enormous."
WHO SHOULD USE WHAT
Match Your Profileto the Right Platform
"I just want Apple and Tesla"
BEST: Any platform works
All three offer US stocks with fractional shares. Valura and INDmoney have the lowest minimum. If US stocks are your only goal, pick whichever interface you prefer.
"I want a complete global portfolio"
BEST: Valura
Only Valura offers global bonds, REITs, pre-IPO, globally domiciled MFs, and equities across US/Europe/UK/Japan in a single account. The others are US-stock platforms with limited extras.
"I want one app for everything in India + US"
BEST: INDmoney
INDmoney combines Indian stocks, MFs, FDs, insurance, credit score, and US stocks in one super-app. If consolidated personal finance tracking matters more than global breadth, INDmoney fits.
"I care about estate tax protection"
BEST: Valura
IFSCA custody provides a layer between your holdings and direct US-situs classification. INDmoney and Vested route through US custodians, fully exposing you to US estate tax above $60K.
"I want GIFT City mutual funds"
BEST: Valura or Vested
Both have GIFT City fund access. Valura's IFSCA licence gives it a structural advantage. Vested has established a GIFT City FME with select offerings.
FREQUENTLY ASKED
PlatformQuestions
Is this comparison biased since Valura wrote it?
We are transparent that Valura published this article. The comparison is factual: product range, custody structure, and regulatory licence are verifiable. We encourage you to check each platform's website and verify independently.
Can I use multiple platforms?
Yes. Many investors use INDmoney for Indian investing and Valura for global investing. There is no requirement to consolidate on one platform.
What about Groww International?
Groww also offers US stocks through a partner broker. Similar limitations to INDmoney and Vested in terms of product range (US-only) and custody (US custodian). We focused on the three most established platforms.
Beyond US stocks
Build a global portfolio, not just a US stock list.
Valura offers 1,00,000+ global securities with IFSCA local custody. Equities, ETFs, mutual funds, bonds, REITs, and pre-IPO. Start from ₹10,000.
Disclaimer: This comparison is published by Valura. Feature data is based on publicly available information as of April 2026 and may change. Verify current offerings on each platform's website. Valura is an IFSCA-registered broker-dealer.
