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What is Firstock NRI trading?

Firstock Account Opening

Experience ZERO Brokerage on Delivery trades with Firstock. Rs 20 Brokerage on Intraday and F&O trades, with no hidden charges. Open Free Demat account with Firstock and start trading today.

Here’s a clear explanation in simple words:

Firstock NRI Trading is a service by Firstock, a stockbroker in India, that allows Non-Resident Indians (NRIs) to invest and trade in the Indian stock market.

Through Firstock, NRIs can:
1. Buy and sell Indian shares (equity delivery).
2. Trade in Futures & Options (derivatives).
3. Choose between two types of accounts:

  • PIS Account: Requires RBI permission.
  • Non-PIS Account: Easier, no RBI approval needed (recommended).

How it works:

  • You start your application online.
  • You upload documents like your PAN card, passport, address proof, etc.
  • You print, sign, and courier the documents to Firstock’s office in India.
  • You complete a video verification call.

Once your account is approved, you can fund it and begin trading.

 

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