Yes, Non-Resident Indians (NRIs) can actively participate in Equity Futures & Options (F&O) trading in India—provided they hold an NRO Non-Portfolio Investment Scheme (Non-PIS) Account. FYERS is among the select few brokerages that enable NRIs to trade in both Equity Delivery and Equity F&O segments through a compliant and streamlined setup.
| Requirement | Description |
|---|---|
| Account type | Must hold an NRO Non-PIS account (not applicable to NRE or PIS accounts) |
| Custodian setup | Requires a Custodial Participant (CP) Code; FYERS facilitates this through Orbis Financial |
| Trading access | Full access to F&O contracts listed on NSE via FYERS trading platforms |
| Segregated funds | Separate funds need to be allocated for Delivery and F&O trades |
| Scenario | What you should know |
|---|---|
| You only have an NRE account | You cannot trade in F&O; you’ll need to open an NRO Non-PIS account and obtain a CP code |
| You already have an NRO account | FYERS can help verify your setup and enable F&O access through custodial tie-up |
| You're unsure how to allocate funds | FYERS provides a detailed guide to help you allocate funds separately for Delivery and F&O trading |
To begin your journey in F&O trading as an NRI, submit your details here and get started with FYERS.