INDmoney vs Paasa

Indian investors today range from salaried professionals deploying ₹25K into U.S. ETFs to HNIs and family offices allocating ₹2 crore globally. But the needs and the platforms change with scale.

INDmoney offers easy access to U.S. markets and works well for smaller, retail allocations.

Paasa, on the other hand, supports a broader geographic universe including the U.S., UK, Europe, and China. It is structured around the needs of larger portfolios typically managed by HNIs, family offices, and institutional investors.

This blog compares the two, not just by features, but by how each fits different stages of global investing.

Infrastructure Overview
Feature Comparison
FEMA Compliance
Tax Reporting
Technology Features
Investor Fit
Client Support

Infrastructure Overview

Attribute	INDmoney	Paasa
Account Setup	App-based (self-serve)	App-based & Dedicated onboarding support for HNIs
Trading infrastructure	Powered by DriveWealth & Alpaca	Powered by Interactive Brokers
Market Access	US only	US, Europe, UK, China and more
Custody of assets under client's name	✅	✅
FEMA & LRS Support	Basic	Advance
Tax Reporting (India)	Basic	Advance
INR-based Returns & Analytics	✅	✅
Human Advisory	❌	✅
Onboarding Support	❌	✅
Remittance Integration	✅	✅
SIPC Insurance	✅	✅

Note: INDmoney is ideal for small-ticket investing through a mobile-first experience, whereas Paasa is structured for HNIs, family offices, and compliance-heavy mandates.

Feature Comparison

Attribute		INDmoney	Paasa
Direct trading		✅	✅
Real-time execution		✅	✅
Product Universe	US Stocks & ETFs	✅	✅
	Other markets (China, UK, Europe, etc)	❌	✅
	Managed Portfolios	❌	✅
	UCITS portfolios	❌	✅
	AIFs	❌	❌
Fractional Shares		✅	✅
Auto-rebalanced UCITS portfolios		❌	✅
Interest on uninvested cash		❌	✅

Note: Both platforms work well for casual U.S. investing. But if you're looking beyond that into other markets, advanced tools, managed portfolios, or interest on idle funds only Paasa delivers, offering up to 3.83% on uninvested cash over $10,000.

FEMA Compliance

Attribute		INDmoney	Paasa
Digital remittance under LRS	Self-declaration templates for Indian banks	✅	✅
	Remittance support at low rates	Limited visibility, fixed margin	Bank-rate negotiation per investor
	Bank formalities & Holding Declaration	✅	✅
	Tracking and Confirmation	✅	✅
Compliance queries		❌	✅

Note: FEMA compliance is critical when sending money abroad under LRS. Many Indian investors unknowingly use incorrect purpose codes during remittance which can lead to reporting issues, delays, or tax scrutiny later.

Note: INDmoney’s compliance support is generic and better suited for small-ticket flows. For HNIs or family offices wiring larger sums, Paasa provides the deeper documentation and structured setup these allocations typically require.

Tax Reporting

Attribute		INDmoney	Paasa
Tax Analytics	Dividend Tax Tracking	Partial	✅
	Capital Gains Tax Calculation (STCG/LTCG)	Partial	✅
	Accumulating ETFs	❌	✅
	Tax Loss Harvesting	❌	✅
	Year-End Tax Statement for Indian Investors	Basic	Advanced
UCITS portfolios for tax savings		❌	✅

Technology Features

Attribute	INDmoney	Paasa
Mobile App & Web View	✅	✅
Market and Limit	✅	✅
Stop loss, Trailing stop loss	❌	✅
Withdraw funds to any bank account	✅	✅
Mutual funds tracking	✅	✅
XIRR calculation for position	✅	✅
Benchmarking & Backtesting	❌	✅
INR gain/loss computation (blended FX)	❌	✅
Web dashboard for reporting	✅	✅
Trader Workstation (TWS) for advanced traders	❌	❌
Custom features (family offices, institutional needs)	❌	✅

Note: INDmoney is known for its ease of use, while Paasa is valued for its depth and ability to accommodate custom feature requests often essential for large-ticket investors.

Investor Fit

Investor Type	INDmoney	Paasa
First-time US investor	✅	✅
SIP-style Retail Investor	✅	✅
HNIs	Good but requires technical know-how	Built for scale and customization
Family Offices	No reporting or structuring tools	Concierge, entity-level control
Institutional Investors	Not built for complex needs	Concierge, entity-level control

Client Support

Attribute	INDmoney	Paasa
Onboarding Support	Self-serve app	Self-serve & guided setup
Dedicated relationship manager	✅	✅
Expert concierge (FEMA, Tax)	❌	✅
Custom Portfolio Structuring	❌	✅
Customize features on request	❌	✅
Exit or Migration Support	❌	✅

Conclusion

Both INDmoney and Paasa are built for Indian investors but not for the same investor profile.

INDmoney is well-suited for small, recurring allocations into U.S. equities. Paasa is designed for investors deploying larger capital across multiple markets (US, UK, Europe, China and more) often with more complex reporting or compliance needs.

Both are valuable. The difference is in the depth and the scale they’re built for.

About Paasa

Paasa is a global investing platform built specifically for Indian HNIs, family offices, and institutional investors, helping them invest across the US, UK, Europe, and China with tools that simplify LRS, remittance, tax reporting, and cross-border complexity.

Disclaimer

This content is for general informational purposes only and should not be taken as financial, legal, or professional advice from Paasa. While we strive for accuracy, the information may change over time. Paasa makes no representations, warranties, or guarantees, whether express or implied, regarding the accuracy, completeness, or reliability of the information provided. The comparison is based on publicly available data and is intended to assist users in making informed decisions. It is not a substitute for professional advice or consultation with financial experts. Please review the terms of use and product availability for your region, or visit the service provider's website for the latest pricing and service information.

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