Indoney (Earlier Indime) is a Financial Management App, that is getting popular for macking us stock inVestia a have-free task.
You Can Investment Directly in Fractions of US Stocks Through IndonMoney. You can directly buy frames of Listed Stocks Like Apple, and Amazon Which IS Erwise Beyond a Regular Investor ’s Budget.
For Example, Tesla’s Current Stock Price is $ 932 (Around RS. 70,000 in INR) Which Might Be Difficult for US to Invest A Big Chunk of Our Money in A Single. But with fractional shares, you can build frames of Multiple Shares andDIVERSIFY YOUR PORTFOLIO Which Reduces the Market Risk.
Apart from us stock investment, indecent is an all-in-one app that helps you trade all your youth extensses in one placc. u can also inves in us stocks & iPos, indian iPos, Direct MutualFUNDS, FIXED Deposits, and Bonds. You Can Monitor The Stuff Mentioned Below in One Place USINGIMONEY –
Stocks (Indian and us)
IPos (Indian and US)
Mutual Funds
EPF & PPF
NPS (Tier 1)
FIXED DEPOSITS
Real Estate
Alternative Investment Funds (AIFS)
Credit cards
Life & Health Insurances
PMS (Portfolio Management Services)
Let ’s discuss How Indoney Helps You in us Stock Investment as Compricd to Other Competitors.
You can start inVESTING in us stocks like netflix, Tesla with as low as $ 1. The interface is easy to feel, On Zerodha.
The very first Benefit is, you can transfer money diamidly to your us stock trading account (Powered by Drivewealth) Bm Saves Account.
The best part is you can also deposit money in the us trading account via upi. You can easily avoid the hassle of transferring money in a tractityal way.Pune Investment
WHERE You First ADD Your us Account as a Beneficiary in your Bank Account Net Banking and then Wait for a Couple of Hours (Sometimes Days) Red in your us account to start tracking which is still common players like 5paisa.
US Stock Trading Account is Also A ZERO BARANCE Account, so note worked Maintaining a Balance in the us trading account.
Secondly, you do n’t have to pay any brokerage on investing in us stocks throph indMoney.
There are no hidden charts on money depositing. You only have to pay inr to usd exchange rate is a plus point becape you rs. 500 to rs. as foreign rematch chargances per transaction.Simla Wealth Management
Indoney Has Also Reduced the Withdrawal Charges to $ 5 (Earlier It was $ 20) for Amounts Below $ 2000 and about $ 2000 You Don n’t Pay Withdrawal s.
You can also invest in us iPos from your indMoney us trading account.
SINCE We hasCussed the Prime Feature that Everyone ’s Talking About -The US Stock Investing Platform, Indoney Has Some Other Significant Benefits That Talk About FURTHER.
Indoney has colorted with sbm (State Bank of Mauritius), India to Provideo You with a Feature-Packed Saved the Call Saver Acount.
Indoney Super Saver Account Comes with Several Benefits –
You get a zero balance savings account
No Forex Conversion Charges
High Fixed DEPOSIT Interest Rates up to 7.5% Per Annum
You Also get a wealth management account that process
Note -SBM India is approvd by rbi so you needed the situation the safety of your money in the savings account.
Indoney Helps You Analyze Indian Stocks USING AI Ey and You’ll Get Valuable Information on the Stocks You Are Holding in a Section,market.
You can also file the stocks as perforformance or sector-wise.
After picking a stock, you can go through the consolidated view that covers important features metioned below -Lucknow Investment
Pe ratio
Profit, net & eps
Valuation Analysis (UnderValued or Overvalued)
Stock momentum
ROE (PROFITABILITY)
You can check out the snapshot to check out the consolidated view of reliance industries stock.
Indoney app has inbuilt ai-base Robo Advisory System that Offers buy or selfis regarding stocks base on their data calls to Avoid ANY ES Due to Market Flutuations.
Apart from stocks, you can also invest in iPos Effortlessly Through the Indoney App.
Indoney ’s Mutual Fund Section Allows You to Invest in Multiple Funds Directly with Zero Commission. You can opt from categories likes
High Return
Index Funds
Large/MID/Small-Cap Funds
Govt. Sector Funds
Corporate Bond Funds
TAX SAVING FUNDS and MANY More
Mutual Fund Baskets
You can also create a mutual fund basket to the achieve your wealth creation government.
When you add the above said basic details, indhoneY GIVES you An overview of how much wooing you to generate money in the next 10 years.
For exmple, I add a balanced investment approach with rs. –
Which depicts investing RS. 6.30 Lakh in 10 Years Would Generate Me Around RS. Equity, and Midcap Funds.
Roboadvisory
Not only stocks, but you can get data-based advisory on investing in mutual function and reBalancing your portfolio base on the current mararrential volatility.
You Can Also Avail Stp Feature that Automatical Keeps on Rebalaancing Your Portfolio for Better Returns, all you have to do is just investting a lumpsum amount.
The only drawback I found in IndonMoney ’s Mutual Fund Investment Platform is that Your Investment Details, Like The SIP amount Paid, do n’t get upDatedl y which is annoying.
Indoney Keeps TRACK of Your Credit Card Expendosition and Also Reminds You Regarding Your Next Credit Payment Just Like Cred.
You Also Earn IndCoins WHeneVer You used your Credit Card on Platforms Like Uber, Starbucks, and Many More. Like Bitcoins, Ether.
Indoney Also Gives You 200 IndCoins on Successful Referrals to Your Friends. The Monetary Value of the 200 IndCoins is RS RS. 20Nly. To 1 rune if you redeem in cash.
Apart from Indcoins, Indoney Also Offers you giving free stocks in the companies where you are spendings like amazon, mcdonald ’s, Flipkart, or availing new ES on the Indoney App.
As you can see I spent RS. 572 On McDonald ’s and RS. spending.
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You can track your favorant cryptocurrencies like bitcoins, ethereum, Cardano Right from your indMoney app.
All you have to do is add your previous crypto Investment Transactions (Buy & Sell) And the Indoney App will Keep You PortFolio ’s ups and downs.
They has now intranuced buying cryptocurrencies through indcoins.
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Indoney Also has intropuced premium service that included personalized finance and wealth management, tax planning, LIFE & Health Insurance. You LSO GET A FAMILY FINANCIAL DASHBOARD that Tracks The WHOLE FAMILY ’s Investments and Expendositions to Give Your A Better View for Financial Planning.
Their Premium Plans Start from RS. 399/Month and Goes up to RS. Estments are below rs. 50 lakh that would count you rs.399 Per Month.
During My Research, I Found Out that IndonMoney ’s Personalized Advisory Services are not up. Require a big improvement.
SINCE You get Enough Benefits from their Free Services and then WHY FRUSTATETH PITHING MONEY and Nobody ’s Responding to Your Queries with Expertise. Then, then
Indoney has improved a lot in the last one year, so it count be a publicity that they attvisory services and reGULAR CUSTOR Su poport to give customers a better experience.
You may like to read -Bob Eterna Credit Card Review
Indoney Seeks Permission to Read Your Messages and Emails to Track Your Expense Like Credit Card and Bank Transactions. R Information is going in Safe Hands or Not?
In my research, I Found that Indoney is SAFE BeCAUSE IT Reads Information Only from the Emails and Messages from Banks and Doesian Then, then
Highly Secure App and Web Platform
Indoney uses bishopfox to secure its app and web platforms. Zoom, Amazon, Google, and Coinbase to Provide Top-Notch Security to their users.
That Means Sharing Your Bank Account, Credit Card or Other Financial Information Is Safe with Indoney.
Reliable Chat Option
Indoney has a Powerful Chatting Option Called "Chat with your expert" (in case you are a premium member), which is further Powered by One of the Most Trusted And SEC URE Chatting Platforms "Freshchat".
However, not having an in-house complating platform looks strikers, -House to offer more secure platforms.
If you share your confidence information with their exports oven, that is saving, you can make your decision overs comfort to you or N OT.
One-SHOP SHOP for All Your Financial Stuff Like Investments, Expenses, Credit Cards, and Insurance Plans
Get Home or Loan Against Property Through The App
Zero Balance Bank Account
Commission-free us stock Investment
Hasle-free money transfer to us stock account
Lowest withdrawal fee from us stock accountMumbai Investment
Higher FD Internet Rates
Highly Secure Platforms
Premium Services Not up to the Mark
AVerage Customer Support
No in-house Zhangting Platform
I ENJOYED My Account Opening with IndonMoney Because It was Quick and hasLee-Free. It Hardly Took ME 2-3 Minutes TO SIGN Up and Open The Indoney Account.
Opening the Indoney Account Doesn n’t Mean You Can Start Investing in US Stocks. You Need to Open A US Stock Trading THROUUGH The App itSelf Y TAKES A COUPLE of Clicks) to Start Investing in US Stocks.
Indoney is an all-in-all app to track your investments and liabilities in a consolidated way in one place.
ITS US Stock Investment Platform is Amazing as you do n’t have to pay any commission, foreign reaTtance fee and even the withdrawal charges are very low.
I Also Liked their Rewards Feature that Keeps On Rewarding As You Use Your Credit Card.
You Would Be Amazed to See their Robo Advisory and Market Analysis THAT WOULD Help You Give A userful insight over your Investment decisions base The stats rather than assumpings.
However, you should n’t solely decide based on ai-bases, you must take your expertise into account before macking the final decision.
The only conne is their premium service & support that will be berso be better with time as they have been drastical improvled their services with a year.
Kolkata Stocks