Can I operate Indian demat account from USA?

Yes, NRIs can open demat account in India. They would require a PIS (Portfolio Investment Scheme) approval from RBI. The PIS enables NRIs to buy and sell shares on the stock exchange in India.

Can I use my demat account from abroad?

In India, both residents and non-residents can avail demat facilities to trade in shares. However, if a Non-Resident Indian (NRI) wants to open a demat account, they have to follow the rules of the Foreign Exchange Management Act (FEMA). NRIs can open both Repatriable and Non- Repatriable demat accounts.

Can I trade stocks in India from USA?

Buying stocks directly in a foreign market like India or China is possible, although it might be harder than purchasing domestic shares. Investors can purchase American Depositary Receipts on U.S. exchanges, which are certificates that represent shares in a foreign company. China A-shares are open to foreign investors.

Can I trade in NSE from abroad?

Yes, NRIs are allowed to invest in futures & options segment of the exchange out of Rupee funds held in India on non repatriation basis, subject to the limits prescribed by SEBI. 26.

Can I trade in NSE from outside India?

Trading account can be opened for person’s resident outside India only for the sole objective of selling of shares acquired under ESOP Scheme.

Can I trade from outside India?

If you are a Non Resident Indian (NRI) then you cannot trade using your existing trading and demat account. However, on the other hand if you are not a foreign citizen or NRI and a domestic citizen gone abroad on assignments or a tour, there is no harm in trading or investing.

What happens to my demat account if I move abroad?

If you wish to continue holding your equity portfolio, your demat account will have to be redesignated as an NRO or NRE (non-resident external) account. “If you are making any fresh investments in the country of residence, the earning will be sent to India via the NRE account.

Can I do trading from outside India?

NRIs can only trade on a delivery basis in stock markets. This rules out Buy Today, Sell Tomorrow (BTST) trading, Sell Today, Buy Tomorrow (STBT) trading and short selling. Though an NRI can acquire shares and convertible debentures of Indian companies via the stock exchanges, there is a ceiling for overall investment.