How can NRIs invest in the F&O segment with Compositedge?

Zerodha (Flat Rs 20 Per Trade)

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.

First of all, NRIs must have the CP code to trade and invest in the equity derivatives segment. The broker allows Orbis Financial to open a custodial account for NRIs. The exchange clearing corporation provides custodial participation (CP) code to NRIs with the help of clearing members. While trading or investing in F&O, NRIs have to provide this code in the relevant field.

The transactions in the F&O segment are placed through rupee funds available on a non-repatriable basis.

Topic: Compositedge Compositedge NRI Account Review

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