For Indian investors exploring global markets, INDmoney, Vested, and Paasa each offer a different solution.
INDmoney is a personal finance super-app. It allows you to track Indian FDs, mutual funds, insurance, loans, and also invest in U.S. equities. But international investing is just one small tab in a much larger financial dashboard.
Vested is built ground-up as an alternative investment platform. It goes beyond U.S. equities by offering thematic portfolios, Indian bonds, and solar infra, designed for Indian retail investors who want to dip their toes into global diversification without too much operational complexity.
Paasa, on the other hand, is designed for those with larger portfolios and a long-term global strategy in mind. It supports not just U.S. equities, but access to UK, Europe, China, and more. Paasa is structured around LRS compliance, tax reporting, INR-linked returns, and concierge support, making it suitable for HNIs, family offices, and institutional investors.
Table of Contents
- Infrastructure Overview
- Feature Comparison
- FEMA Compliance
- Tax Reporting
- Technology Features
- Investor Fit
- Client Support
Infrastructure Overview
Attribute | INDmoney | Vested | Paasa |
Account Setup | Free | ₹250 (one-time) | Free |
Trading infrastructure | DriveWealth & Alpaca | DriveWealth | Interactive Brokers |
Market Access | US only | US only | Global - US, Europe, UK, China and more |
Custody of assets under client's name | ✅ | ✅ | ✅ |
FEMA & LRS Support | Basic | Basic | Advanced |
Tax Reporting (India) | Basic | Basic | Advanced |
INR-based Returns & Analytics | ✅ | ❌ | ✅ |
Human Advisory | ❌ | ❌ | ✅ |
Onboarding Support | ❌ | ✅ | ✅ |
Remittance Integration | ✅ | ✅ | ✅ |
SIPC Insurance | ✅ | ✅ | ✅ |
Feature Comparison
Attribute | INDmoney | Vested | 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 | ❌ | ❌ | ✅ | |
| Withdraw money to US bank account | ❌ | ✅ | ✅ | |
Note: UCITS portfolios are preferred by many Indian investors for US estate tax protection and global diversification.
FEMA Compliance
Attribute | INDmoney | Vested | Paasa | |
Digital remittance under LRS | Self-declaration templates for Indian banks | ✅ | ✅ | ✅ |
Remittance support at low rates | Limited visibility, fixed margin | Limited visibility, fixed margin | ✅ | |
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.
Tax Reporting
Attribute | INDmoney | Vested | 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 | ✅ | ✅ | ✅ | |
UCITS portfolios for tax savings | ❌ | ❌ | ✅ | |
Technology Features
Attribute | INDmoney | Vested | 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) | ❌ | ❌ | ✅ |
Investor Fit
Investor Type | INDmoney | Vested | Paasa |
First-time US investor | ✅
Easy Onboarding | ✅
Easy Onboarding | ✅
Easy Onboarding |
SIP-style Retail Investor | ✅
Suited | ❌
No SIP options | ✅
Suited |
HNIs | Limited Tax/Remit control | Requires technical know-how | Built for scale and customization + India-facing layer |
Family Offices | No reporting or structuring tools | No reporting or structuring tools | Concierge, entity-level control + India-facing layer |
Institutional Investors | Not built for complex needs | Not built for complex needs | Concierge, entity-level control + India-facing layer |
Client Support
Attribute | INDmoney | Vested | Paasa |
Onboarding Support | Self-serve | Self-serve & Guided | Self-serve & Guided |
Dedicated relationship manager | ✅ | ✅ | ✅ |
Expert concierge (FEMA, Tax) | ❌ | ❌ | ✅ |
Custom Portfolio Structuring | ❌ | ❌ | ✅ |
Customize features on request | ❌ | ❌ | ✅ |
Exit or Migration Support | ❌ | ❌ | ✅ |
Conclusion
If you're looking for a simple, app-based way to dip your toes into U.S. stocks, INDmoney is a good start.
If you want a curated experience with slightly broader product access Vested is a step up, particularly for small to medium ticket investors.
But if you're managing larger sums or aiming to diversify across U.S., Europe, and Asia, Paasa offers the structure, control, and compliance muscle you need. It’s not just about investing, it’s about managing capital across borders with clarity.
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.
