Does SMC Global offer custodian account services to NRIs?

Zerodha (Trade with the best stock broker)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Yes, SMC Global offers custodial services for NRIs as it is a registered Trading-cum-Clearing member.

A custodial account is necessary for NRIs who want to invest in the equity derivatives segment. With SMC offering custodian services, it reduces the charges to be paid to the 3rd party by NRIs for clearing the trades.


Add a public comment...