I understand that Power of Attorney is only compulsory for Demat for selling and pledging shares by the broker. However, can I use a Special / Limited Power of Attorney and authorize someone else (friend of mine) to trade (buy and sell only) on my behalf in futures and options? I do not want to go via the PMS route? Is this possible/legal? I think so … your views please …
Hmm, you can share your login credentials and 2fa if you want your friend to trade F&O in your account.