Does NRI need a Custodian Account for F&O trading with Prostocks?

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Are you a day trader?

No, an NRI doesn't require a 3rd party Custody Account to trade in Equity F&O with Prostocks. Prostocks is a clearing member and gets the CP code from the stock exchange to enable trade in F&O in NSE and BSE. NRIs can save a significant amount by not paying to a Custodian when trading with Prostocks.



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