Can I open NRO Non-PIS Trading Account with ProStocks?

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Are you a day trader?

Yes. Prostocks allow NRI's to trade without PIS Account through their NRO Trading and Demat Account. This saves from big hassle to procure PIS and managing transactions between trading and demat accounts. The NRO trading and demat account should link with NRO Bank Account.

With this No PIS NRO Trading account, you could trade in the equity segment just like an Indian Resident. No hassle of dealing with Custodian or PIS Banker besides Stock Broker. No PIS Bank Account required.

Note:

  • NRI's need NRI Trading Account to trade or invest in India Stock market.
  • Non-PIS option is not available for NRE Trading and Demat account.
  • NRE Bank Account cannot link to NRO Trading and Demat account.



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