Explore / Personal finance and investing apps / INDmoney vs Groww
Compared · prices checked 10 November 2026
INDmoney vs Groww
Pick INDmoney if you want a small slice of your savings in US stocks and ETFs from India, down to fractional shares, from $1. Pick Groww if you want the simplest app for direct mutual funds and SIPs, with Indian stocks, futures and options in the same place. INDmoney charges 0.25% brokerage per US stock trade plus bank forex conversion of 0.5% to 1.2%; Groww charges ₹20 or 0.1% per executed equity order, whichever is lower, minimum ₹5, and zero on direct mutual funds.
INDmoney
An investing app whose US stocks account buys US shares and ETFs from India, down to fractional shares.
Pick it when
US stocks and ETFs from India, as a small slice
For
A founder in India who wants part of their savings in US stocks without opening a foreign account.
What it costs
US stocks: zero account opening, maintenance, platform and withdrawal fees; 0.25% brokerage per trade; bank forex conversion 0.5% to 1.2%
Read from indmoney.com on 10 November 2026
Free: No opening fee and no minimum balance; invest from $1 in a US stock
In India
US stocks run through its IFSCA-regulated GIFT City entity, which it describes as FEMA-compliant
Groww
An Indian investing app for stocks, futures and options, direct mutual funds and US stocks.
Pick it when
The simplest app for direct mutual funds and SIPs
For
A founder putting personal savings into Indian stocks or direct mutual funds from one phone app.
What it costs
₹0 account opening and maintenance; equity brokerage ₹20 or 0.1% per executed order, whichever is lower, minimum ₹5; direct mutual funds at zero charges
Read from groww.in on 10 November 2026
Free demat account with no maintenance charge; direct mutual funds at zero charges
In India
Charges in rupees, with 18% GST on brokerage, DP and exchange charges
Every pick in personal finance and investing apps
Also compared
