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Can NRI trade currency derivatives through a stock broker?

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.

An NRI can trade currency derivatives only by designating an authorized dealer Category 1 Bank to monitor and report their position limits. Currently, stock brokers are not allowed to offer NRI trading or clearing services as per RBI regulations.



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