One more reason to consider,
Once I deleted my Indmoney account after investing some money in them and some money was in transfer to the broker(drivewealth) from sbm bank account.
These are the things that happended
- I was not able to see my us stocks account after login again to indmoney.
- Somehow I was able to login into driveweath account but there was no option to buy and sell on drivewealth. Also even after a month my money in transfer was not being shown in drivewealth account. Though I can see my stocks.
- It took Indmoney more than 1 month to bring back my account and show the amount in transfer.
- All the rewards that they give when opening account got lost and was not retrieved.
I also found we can shift from indmoney to vested by filling the one page form. Our investment will get shifted from indmoney to vested or vice versa if broker is same, here driveweath. Check vested FAQ to know more.
We can also shift non fractional share from one broker like drivewealth to other broker. You need to research more as I never did this.
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