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Can I trade in US options from India? FAQs's Messages

1 Comments

1. Alok Goenka

| Link|October 14, 2020 5:35:10 PMReply

LRS do not permit money to be sent to out of India to be used as margin. Non of Broker like HDFC sec, ICICI , or Axis Bank allow foreign option. I don't think we can trade in foreign option. How ever I think NRI's who already have bank account out of India can trade in Foreign option. Please correct me if I am wrong.

1.1. Ekansh Mishra

| Link|January 28, 2021 11:27:25 AM

The below transactions are not permitted per the RBI’s FEMA guidelines:

Margin trading or margin calls to overseas exchanges/counterparty
Remittance for trading in FX in foreign exchanges
Investing in speculative instruments such as futures, options or derivatives

1.2. Surya Pratap

| Link|November 6, 2023 5:17:51 PM

You are absolutely right brother. I talked to overseas support line of Interactive Brokers recently, they told me the same RBI restrictions. In my opinion, the only way is to get a citizenship in some other country offering more liberalisation.