Which NRI Bank Account is required for F&O trading in India?

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NRI's can trade in Equity Derivatives (F&O) in India through a Non-PIS NRO bank account only.

In addition to NRO Bank Account, an NRI need an account with Custodial and a Custodial Participant code (CP code) to trade in Futures & Options in India.

An NRI doesn't need a PIS account to trade in derivatives.


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