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.

Can NRI do online trading in India?

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.