US brokerage comparer
Compare 8 platforms Indians use to invest in US stocks — brokerage fees, FX markup, SIPC protection, UCITS ETF access, withdrawal speed, and Indian tax (Form 67 / DTAA) support. Enter your trading profile to see the total annual cost ranked.
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Cheapest for your profile
Zerodha (GIFT City)
₹1,197/yr · saves ₹831 vs #2
INR-denominated account; no LRS required. GIFT City entity.
Annual cost breakdown — all platforms
| # | Platform | Per trade | Brokerage/yr | FX cost/yr | Platform fee | Total/yr |
|---|---|---|---|---|---|---|
| 1 | ZerodhaGIFT City / IFSCA | $1 | ₹1,197 | ₹0 | — | ₹1,197 |
| 2 | UpstoxGIFT City / IFSCA | $1 | ₹2,028 | ₹0 | — | ₹2,028 |
| 3 | IBKRLRS (SWIFT) | $1 | ₹2,028 | ₹500 | — | ₹2,528 |
| 4 | INDmoneyLRS (SWIFT) | $1 | ₹2,535 | ₹3,750 | — | ₹6,285 |
| 5 | RoviaLRS (SWIFT) | $1 | ₹2,028 | ₹5,000 | — | ₹7,028 |
| 6 | GrowwLRS (SWIFT) | $1 | ₹2,028 | ₹7,500 * | — | ₹9,528 |
| 7 | Vested BasicLRS (SWIFT) | $1 | ₹2,535 | ₹7,500 | — | ₹10,035 |
| 8 | Vested PremiumLRS (SWIFT) | $1 | ₹1,521 | ₹7,500 | ₹4,500 | ₹13,521 |
* Groww FX markup is dynamic — set via slider above. GIFT City platforms (Zerodha, Upstox, Angel One) have 0% FX markup; no LRS required. USD/INR = 84.5.
How rankings change at different trade sizes
| Trade size | Zerodha | Groww | Upstox | Rovia | INDmoney | Vested Basic | Vested Premium | IBKR |
|---|---|---|---|---|---|---|---|---|
| $100 | ₹239 | ₹9,528 | ₹2,028 | ₹7,028 | ₹4,257 | ₹8,007 | ₹12,304 | ₹2,528 |
| $250 | ₹598 | ₹9,528 | ₹2,028 | ₹7,028 | ₹5,018 | ₹8,768 | ₹12,761 | ₹2,528 |
| $500◀ yours | ₹1,197 | ₹9,528 | ₹2,028 | ₹7,028 | ₹6,285 | ₹10,035 | ₹13,521 | ₹2,528 |
| $1,000 | ₹2,393 | ₹9,528 | ₹2,028 | ₹7,028 | ₹8,820 | ₹12,570 | ₹15,042 | ₹2,528 |
| $2,500 | ₹5,983 | ₹12,570 | ₹5,070 | ₹10,070 | ₹16,425 | ₹20,175 | ₹19,605 | ₹3,035 |
| $5,000 | ₹11,965 | ₹17,640 | ₹10,140 | ₹15,140 | ₹29,100 | ₹32,850 | ₹27,210 | ₹5,570 |
| $10,000 | ₹23,930 | ₹27,780 | ₹20,280 | ₹25,280 | ₹54,450 | ₹58,200 | ₹42,420 | ₹10,640 |
| $25,000 | ₹23,930 | ₹58,200 | ₹50,700 | ₹55,700 | ₹74,730 | ₹78,480 | ₹82,980 | ₹25,850 |
| $50,000 | ₹23,930 | ₹1,08,900 | ₹50,700 | ₹1,06,400 | ₹74,730 | ₹78,480 | ₹82,980 | ₹51,200 |
Bold = cheapest at that trade size. Highlighted row = your current trade size.
Fee data last verified Oct 2026. Brokerage rates, FX markups, and platform policies change — confirm before transferring funds. GIFT City platforms (Zerodha, Upstox, Angel One) use INR accounts and fall under IFSCA regulation; no LRS paperwork required. LRS platforms (Groww, INDmoney, Vested, IBKR) remit under the RBI Liberalised Remittance Scheme (USD 250k/year cap). SIPC covers securities up to $500k (cash up to $250k) at US-regulated custodians. UCITS ETFs are EU/UK-regulated funds; only IBKR offers access. This tool is for comparison only and is not financial advice.