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 are set at ₹150 per crore for Futures and ₹1500 per crore for Options.
NRIs must obtain a Custodial Participant (CP) code to engage in F&O trading. For a detailed explanation on how to obtain a CP code, please view our detailed guide here.
Please note: NRIs are not permitted to participate in Equity Intraday, Currency Derivatives, and Commodity Derivatives segments.
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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 ...
Why is income proof necessary for F&O trading?
When trading futures and options (F&O) in any segment, it's imperative, as per exchange norms, to provide evidence of your income. This stems from the understanding that F&O is a leveraged derivative product. It's not best suited for individuals with ...
Are NRIs permitted to trade in the commodity segment?
Currently, Non-Resident Indians (NRIs) are not permitted to participate in commodity trading in India. This is due to specific regulatory restrictions that prevent NRIs from engaging in this segment of the market. To initiate the NRI account opening, ...
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 ...
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 ...