Can I use same NRO Trading account to trade in both F&O and Equity Delivery
No, you cannot execute both F&O and Equity Delivery trades in a single NRO account and the reasons are given below
- Separate Accounts Required: You must open two separate NRO accounts to trade in Equity Cash and Equity Derivative (F&O) segments. This separation is necessary to manage funds appropriately.
- Funds Allocation for Equity Cash: Funds intended for Equity Cash trades should be transferred to our account. This ensures proper handling and allocation of funds for cash transactions.
- Funds Allocation for F&O: Funds for trading in the F&O segment need to be transferred to Orbis Financial Corporation. This separation is required for clearing and settlement of derivative trades.
- Avoiding Confusion: Maintaining two distinct NRO accounts—one for Equity Cash and another for Equity F&O—prevents confusion in fund allocation and ensures smooth processing of trades.
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article
Still need help?
Create Ticket