@nithin in my understanding LRS is applicable to resident individuals. What if I set-up a trading company and open a trading account in with US broker to trade leveraged instruments? Is this legal? Well, I mean setting-up an Indian Company not any offshore company. Thanks in advance
You can hedge as a company, like an export company against currency, steel company against raw material products, etc. But you can’t just do derivatives trading.
The only way I can think of is by setting up an AIF (Hedge fund). Check point 34
This has been now increased to USD750 million.
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That means hedge funds set up in India are allowed to do leveraged trading in foreign markets.
Very interesting and it will be very profitable for us if all of this is at least half true. What kind of returns anybody getting with allowed stocks for Indian, I would love to see something, some real news from that. Good to see there is double taxation as well in question.
You mentioned only investing is allowed not intra day trading in US, can you link anything to verify that.
Coz I have been trading in US through webull, also interactive brokers says it’s legal other than investing in crypto.
are you trading leveraged products from the US markets?
Dear Siva,
RBI & SEBI both are not allowing to grow retailer wealth in stock market ,
margin system are very badly handling by SEBI , as you are big broker let rise against margin policy to SEBI,
Hi Nithin, any updates on this? 
A month more.
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This platform has been in the news lately, for Indian investors wanting to buy stocks in the US.
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Ok i dont want to go any other website to invest in US market, zerodha will come very soon to invest in USA market , we can go through zerodha , its safe
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As an Individual, Can i purchase stocks in Foreign Excchanges like US Markets and sell on the same day (Day trading)? Are there any restrictions related to the same from RBI?
- Diversification
- INR depreciates overtime against the USD
- Option to buy some good companies.
It should be taxed in India only; since we don’t have foreign tax identification number.
I get shares or Restricted stock units (ESOP) from my company around 25 to 30 shares every year which gets vested during October November time frame and my company shares are traded in NYSE and when it gets vested I have an option to pay the tax by money or I can choose to withhold shares. I will be taxed flat 30% after which based on tax slab I get refund in my payroll.
We use E-Trade to sell those shares (only to sell)
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it’s been 2 months now, any updates on ETA?
We expect the things to be delivered on time but yes planning can go for a toss due to unforeseen events and mostly from regulatory and compliance point at-least in our industry. Coming to US markets, it is straight forward to offer US equities but the way we are trying to do is little different and involves some regulatory approvals which is taking time. To give you one example, remittance of funds(both payin and withdrawal) will cost 15 to 40 USD ie 1050 to 2800 in Rupees for per transaction per user.We are trying to find a solution for this which is taking time.
Increasing 20k limit also involves some backend changes but this is almost done, should be available soon.
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What is the 20k limit problem issue?
Such , quantity limit restrictions is in cash equity only OR also in futures options ?
And why such restriction ? What is the logic purpose of it ?
Is it a requirement of the nse or sebi law or is it broker’s own personal choice ?
And why 20k ; why not 15k ; why not 25k ?