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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.

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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.

1.3. Dilip

| Link|June 18, 2024 8:00:07 PM

How about in this situation. I am in India, for example: I am working in a company and company provided some shares for its employees.

Now as I got the shares, every quarter there will be divided for those. After years of working and the dividends are about 100 to 110$.
With that 100$ can I trade in US market option trading from that account where the shares can be accessed?