Do I need to maintain separate funds for equity and F&O segment in my NRI account?
Yes, NRIs are required to maintain distinct funds for the Equity and Futures & Options (F&O) segments in their NRO Non-PIS account.
For Equity:
NRIs have the facility to transfer funds directly into their FYERS account via our online fund transfer portal. For additional information, please click here.
For Equity F&O:
To trade in Equity Derivatives, NRIs must transfer funds to our custodian, Orbis Financial Corporation Limited. Here are the custodian's bank details for your reference:
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Can NRIs trade in the F&O segment?
Absolutely, NRIs have the privilege to trade in the Equity F&O (Futures & Options) segment when they open an NRO Non-Portfolio Investment Scheme (Non-PIS) Account. FYERS takes pride in being among the select brokerages that enable NRIs to actively ...
How long does it take to activate F&O for an NRO Non-PIS account?
The time frame for activating the Futures & Options (F&O) segment for NRO Non-PIS accounts primarily hinges on the KYC status of the NRI client. If the KYC status is marked as 'Non-Resident', the F&O segment is typically activated within 7-10 working ...
Can NRIs trade in both equity delivery and F&O with a same account?
Yes, NRIs are permitted to trade in both Equity Delivery and Futures & Options (F&O) through a single account. This is achievable by opening an NRO Non-PIS account. For a step-by-step guide on establishing an NRO Non-PIS account, we encourage you to ...
How can I transfer funds to my NRO Non-PIS trading account?
Transferring funds to your NRO Non-PIS trading account involves a process that varies based on the segment you wish to invest in: For Equity Investing: To participate in Equity Delivery, you can deposit funds into your FYERS account using any of the ...
What are the charges for opening an NRI account with FYERS?
Opening an NRI account with FYERS is cost-free. We offer a transparent fee structure for our NRI clients, with the aim to provide value-driven services. Below is a comprehensive breakdown of the charges applicable to different segments: Charges for ...