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.

Which NRI account is mandatory for trading in derivatives?

An NRO Non-PIS account is mandatory for NRI trading in Futures & Options (F&O) in India.

Unlike equity delivery investments made on a repatriation basis, F&O trading for NRIs is permitted only through an NRO Non-PIS account. The account is linked to the NRI trading account for margin funding and settlement of derivative transactions. Investors should confirm the latest account requirements with their broker before activating the derivatives segment.