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Can NRI do online trading in India?

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.

Yes, NRI can do online trading in India.

To trade in India stock markets, an NRI should open the following accounts.

  • NRE or NRO bank account with PIS approval. (If your broker allows you to trade without PIS approval using NRO, PIS approval not required)
  • NRE/NRO trading account.
  • NRE/NRO Demat account.

An NRE account is to trade on repatriation basis and NRO is to trade on non-repatriation basis.

Note: F&O trading is permitted only using NRO non-PIS accounts.



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