NRIs Trade Derivatives:
Non Resident Indians including – NRIs, PIOs & OCIs can trade
in Derivatives Segment out of the Rupee funds held in India on
non-repatriable basis (NRO). This means they can trade futures
& options in the Indian stock market.
NRIs Trade Futures & Options on
phone - online - chat..!!
accounts in India
with a dedicated
F&O involves the following 3 things:
Application for Custodial Participant (CP) Code through SHCIL
needs to be filled.
Opening of F&O Trading A/c
3) Opening of a Bank A/c with UTI Bank
in NRO status
After receiving the clients query, an F&O trading kit
containing the above forms is sent to the client. The filled
applications are then sent by the client to the India office.
If everything is in place, your F&O account is opened within
Once the F&O Trading A/c is opened you will get a User ID &
Password for Online viewing of NSE Quotes.
The Client can place his/her
Orders Online himself, OR through "Online Helpdesk" Chat
facility or an email or a Phone call. Distinct
features of F&O Trading as compared to Cash Trading are as
a) There is no Delivery of shares involved in F&O Trading
b) Speculation is possible in F&O Trading. Positions can be
bought and sold or sold and bought the same day.
c) Positions can be carried forward up to the Last Thursday
(contract expiry day) of a given month
d) A trading leverage of about 5 times the Base Capital
shall be given depending upon the NSE’s Margin requirement for
1) Passport & VISA Copy duly notarized at the country of
residence (notarized by any bank or notary).
2) 8 Passport Size Photographs (2 of them to be signed
3) Copy of PAN Card duly notarized at country of residence.
Ask for detailed fee structure from our adviser. Use the form
on the right to ask your F&O Questions.