Invest · Broker review

Vested Finance

US stock investing platform designed specifically for Indian investors

Reviewed by Aayush Jain·Updated May 2026

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Overall score

6.5/10

FX rank#13 of 20

FX cost / $10k$55

Conversion spread0.5%

Trading commissionFree

Annual feeNone

Min investmentNone

$45 more per $10,000 than Interactive Brokers (FX cost only)

Not financial advice.This is a comparison of FX costs only. We don't recommend specific investments. Always consult a qualified financial adviser before investing.

Verdict

Vested Finance has done a good job of simplifying US stock access for Indian investors — seamless LRS integration, Indian UPI funding, and a clean app designed specifically for the Indian user. Its FX cost (~0.5% + $5 flat) is higher than IBKR but much better than many Indian bank alternatives. For investors who want convenience over lowest possible cost, Vested is a solid choice.

FX cost breakdown

Conversion spread

0.5%

Above mid-market rate

Fixed FX fee

Per currency conversion

Total FX cost / $10k

$55

Realistic all-in estimate

FX cost comparison on $10,000 investment

Interactive Brokers$10

Trading 212$15

Tiger Brokers$20

moomoo$25

Pros & cons

Pros

Designed specifically for Indian investors — best UX for that segment
Seamless LRS integration with UPI/IMPS funding
Commission-free US stock and ETF trading
SEBI-registered investment advisor for research
Fractional shares from $1

Cons

FX cost ($5 + 0.5%) higher than IBKR (0.1%)
US market only — no global ETF access beyond US-listed
Lower brand recognition vs IBKR for high-net-worth clients

Who can use it

India

Markets available

Supported corridors

INR→USD

Regulated by

SEC/FINRA (via DriveWealth)

India

SEBI (research entity)

Frequently asked questions

Is Vested Finance safer than IBKR for Indian investors?

Both are safe and regulated. IBKR is directly SEC/FINRA registered with $500B+ in assets. Vested uses DriveWealth as its US broker-dealer, which is also FINRA-registered. The key difference is cost: IBKR's FX cost (0.1%) is 5× lower than Vested's. Vested's advantage is a smoother Indian UX and simpler LRS process.