INDmoney is a personal finance super-app that allows you to track Indian FDs, mutual funds, insurance, loans, and also invest in U.S. equities.
Vested is designed for Indian retail investors who want to explore global diversification without too much complexity; and offers U.S. equities along with thematic portfolios, Indian bonds, and solar infra.
Paasa, on the other hand, is built for investors with larger portfolios who need true global access and diversification to preserve and grow their wealth.
In addition to the US, Paasa gives you access to markets like the UK, Europe, China, and more; and is built with a strong focus on LRS compliance, tax reporting, INR-linked returns, and concierge support.
While all these platforms offer some form of global market access, the brokerage charges you have to pay differ considerably from one platform to another, and as a result, the final price you pay for stocks and ETFs also differs.
We will compare the brokerage differences across these platforms in this blog so that you can get the lowest cost when investing in and trading global stocks and ETFS.
Table of contents
What is brokerage on global investments and trades?
Brokerage is the fee you pay a platform to execute your buy and sell orders. It is the basic cost of processing your transaction and ensuring your trade is settled correctly.
Typically, this fee is calculated as a percentage of the trade value or charged as a fixed rate per share. Most platforms also have a minimum and maximum charge per order or per share.
When investing globally, brokerage varies depending on the platform you are using and the specific stock exchange where you are trading (such as the LSE in London or the NYSE in New York).
Brokerage on Global Stocks and ETFs: INDMoney vs. Vested vs. Paasa
Here is a quick comparison of the brokerages charged by INDMoney, Vested, and Paasa for trades in global markets.
US Market
For the majority of Indian investors, the U.S. market is the primary gateway to global investing.
Here is how the leading platforms compare:
| Brokerage Rate | Capping/Limits |
INDMoney | 0.25% of trade value | Capped at $25 per trade |
Vested (Basic) | 0.25% of trade value | Capped at $35 per trade |
Paasa (Access) | $0.0035 per share | $0.35 Min / 1% Max per trade |
Paasa (Apex) | $0.00 (Zero) | No brokerage charges |
While INDMoney and Vested charge based on the total value of your trade, Paasa's Access plan charges based on the number of shares you buy. This is particularly advantageous for high-value trades in premium stocks.
Other Markets
Platforms like INDMoney and Vested strictly limit you to the US market, but Paasa is built for true global diversification.
Beyond the US, Paasa gives you direct access to major global markets like the United Kingdom, Switzerland, Hong Kong, Germany, France, Japan, Singapore, Canada, and the Netherlands.
Here are the brokerage charges for global exchanges:
Paasa Access (Rate & Min/Max) | Paasa Apex | INDMoney | Vested | |
US Exchanges | $0.0035 /share (Min $0.35 / Max 1%) | $0.00 | 0.25% (Max $25) | 0.25% (Max $35) |
UK Exchange (LSE) | 0.05% (Min £1.00) | $0.00 | ❌ Not Supported | ❌ Not Supported |
Swiss Exchange (SIX) | 0.05% (Min Fr. 1.50 / Max Fr. 49) | $0.00 | ❌ Not Supported | ❌ Not Supported |
Hong Kong (SEHK) | 0.05% (Min HK$18.00) | $0.00 | ❌ Not Supported | ❌ Not Supported |
German Exchange | 0.05% (Min €1.25 / Max €29) | $0.00 | ❌ Not Supported | ❌ Not Supported |
French Exchange | 0.05% (Min €1.25 / Max €29) | $0.00 | ❌ Not Supported | ❌ Not Supported |
Japanese Exchange | 0.05% (Min ¥80.00) | $0.00 | ❌ Not Supported | ❌ Not Supported |
Singapore Exchange | 0.08%
(Min S$2.50) | $0.00 | ❌ Not Supported | ❌ Not Supported |
Canadian Exchange | CA$0.008 /share (Min CA$1.00 / Max 0.5%) | $0.00 | ❌ Not Supported | ❌ Not Supported |
Customers on the Paasa Apex plan pay zero brokerage across all markets and receive FEMA support, tax advisory, portfolio guidance and priority service.
How to calculate brokerage on global investments and trades?
You can calculate and compare your brokerage costs on popular platforms like Paasa, INDMoney, and vested by using our Global Brokerage Calculator.
Simply select the exchange, the type of order (buy/sell), the quantity, and the price per unit, and get the total brokerage cost you will incur on Paasa, INDMoney, and Vested.
More tools from Paasa
- Estate Tax Calculator: You can use Paasa’s Estate Tax calculator to instantly find out your total estate tax liability based on the value of your US assets.
- UCITS Screener: You can use Paasa’s UCITS Screener to discover and compare UCITS-compliant investment instruments.
- Brokerage Calculator: You can calculate your brokerage costs by Paasa’s Global Brokerage Calculator.
About Paasa
Paasa is built as a global-first investing platform for Indian investors. We help HNIs, family offices, and institutions move beyond domestic assets and build portfolios that include the US, Europe, Japan, China, Switzerland, and other key markets.
Our platform is powered by global brokerage infrastructure, giving you direct access to thousands of stocks, ETFs, UCITS funds, and other instruments.
Disclaimer
This blog is for educational purposes only and should not be construed as tax, legal, or investment advice. RSU taxation, estate tax exposure, and cross-border investment rules are subject to change and may vary based on your personal circumstances.
Investing in global markets involves risks, including currency risk and market volatility. UCITS ETFs, RSUs, and other securities referenced here are used for illustration and do not constitute recommendations. Past performance is not indicative of future results.
