How NRIs can trade in equity F&O
Last updated August 22, 2026
This IPO News guide/article covers “How NRIs can trade in equity F&O”. The page is organized around what is equity derivative trading?, are nris allowed to trade in equity f&o?, accounts required for nri equity f&o trading, 1. nro bank account, 2. nri trading account. IPO News presents the structured facts and tables in its own layout and wording.
Topics Covered
- What is Equity Derivative Trading?
- Are NRIs allowed to trade in equity F&O?
- Accounts Required for NRI Equity F&O Trading
- 1. NRO Bank Account
- 2. NRI Trading Account
- 3. NRI Demat Account
- 4. Custodial Account
- NRI Equity Derivative Trading Rules and Restrictions
- NRI Equity F&O Trading Process
- NRI custodial Participant code rules
- Taxation on NRI Derivative Trading
- Zerodha Trade@20
- Frequently Asked Questions
- 1. What are the requirements for NRI F&O trading?−
- 2. Is PIS required for NRI trading in F&O?+
- 3. What are the derivative trading products available to NRIs?+
- 4. Which broker charges cheapest NRI F&O trading brokerage?+
- 5. How NRI can trade in Equity Futures and Options in India?+
- 6. How to get CP-Custodial Participant code for NRI trading account?+
- Compare Stock Brokers Side-by-Side
Key Facts
- India's trusted financial research platform since 2015. Live IPO GMP, subscription data, allotment status, Rights Issues, NCDs and unbiased stock broker reviews.
- Are you an NRI and want to know whether you can trade in stock futures and options or not? Yes, as per market regulator SEBI, NRIs can trade in equity F&O but there are certain conditions or rules.
- In addition, interest earned on an NRO account is not tax-free as 30% TDS is payable.
- Many discount brokers in India offer NRIs the option of opening a 2-in-1 account, while bank-based full-service stock brokers allow NRIs to open an integrated 3-in-1 NRI trading account for seamless transactions.
- This is a special account for NRIs who wish to trade in equity derivatives. It can be opened with any SEBI registered custodial.
- The investment made through an NRO account is not repatriable/transferrable and subject to a maximum ceiling of USD 1 million per financial year.
- Custodian charges a clearing fee of Rs 200 to Rs 300 per crore from NRI.
- Custodial accounts may ask for a minimum of Rs 25 lakh of custody portfolio size.
- Apart from the income tax, there are other charges applicable on NRI F&O trading such as STT, Stamp duty, SEBI turnover fee, and GST charges. Here are the tax details:
- Want to start your investment journey? Join India's Pioneer Discount Broker – ZERODHA – Free Delivery Trade, Maximum Rs 20 for F&O and Intraday, Free Direct Mutual Fund investment.
- NRI Derivative trades are taxed at 30% TDS.
- No, NRIs who are willing to participate in equity F&O trading on BSE and NSE must have a non-PIS NRO savings bank account. F&O trading is not available on NRE PIS or NRO PIS trading account.
- Among all, Fyers charges the lowest NRI brokerage of Rs 50 per order on equity F&O trades. The broker allows hassle-free NRI account opening with minimum paperwork.
Data Tables
| Equity Futures Trading | Equity Options Trading | |
|---|---|---|
| Securities Transaction Tax (STT) | 0.1% of the transaction value (On Sell) | 0.05% on options premium (on Sell) |
| Stamp Duty | Rs 200 per crore (0.002%) on buy-side | Rs 300 per crore (0.003%) on buy-side |
| SEBI Turnover Fee | 0.0001% on turnover | 0.0001% on turnover |
| GST | 18% | 18% |
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