Overseas Index Options in Icici Direct

Is it true that you can tradein overseas index options with ICICI Direct? I have reas news article on it. It’s old one. Just to know if anyone is tried it or currenly doing it.

Thanks in advance.

Context: 2007 news article.

This is of 2007 report, Can check this. Trading in leveraged products is not allowed under LRS scheme.

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@siva thank you, in my understanding LRS is applicabel to residnet individuals. What if I set-up a trading company and open a trading account in with US broker to trade levereaged instruments? Is this legal? Well, I mean settin-up an Indian Company not any offshor company. Thanks in advance

You can post your query in that existing thread.