Vested or IBKR: is Vested's convenience worth the cost?

SocialFinance Team 19
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Vested is fully online: a UPI transfer, money in the account within a day, and no bank charges. How does it compare with Interactive Brokers for an Indian investor?

vested ibkr foreign-investment
1 Answers

I agree Vested is more convenient.

But this Convenience comes at a cost.
Converting INR to USD is costly inside Vested, but if you are investing low amounts say 10-20k INR per month, you wont care much for 100-200 Rs.
You may go completely online in case of IBKR and Paasa too using ICICI over fx retail or IDFC netbanking/app.

Second, Vested only offers US stocks and ETFs; if someone is looking for UCITS ETFs, they are not available.

Pankaj Batra5287
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