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 brokerage charges for NRIs trading in the F&O segment?
The brokerage fee for NRIs trading in the Equity Futures & Options (F&O) segment is ₹50 per executed order. There are also monthly clearing charges imposed by Orbis Financials Private Limited, our appointed custodian for clearing F&O trades, which ...