Who issues the contract note for NRO F&O trades?
FYERS is responsible for issuing the contract notes for your NRO F&O trades. It's important to note, however, that these contract notes will not include the specifics of trade obligations. The details pertaining to trade obligations are recorded and managed by our custodian, Orbis Financials.
You will receive the details of your trade obligations in the margin statements, which Orbis Financials will send to you via email.
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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 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 ...
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 ...
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 ...
What is an NRO Non-PIS account?
An NRO Non-Portfolio Investment Scheme (Non-PIS) account is a type of investment account that enables Non-Resident Indians (NRIs) to purchase and hold various Indian securities like equity shares, convertible debentures, preference shares, bonds, and ...