Why is Zerodha taking so long to offer US investing?

[nithin]

Indians aren’t allowed to trade derivatives when you remit money out of the country. Check this

Trading Derivatives in USA from India

I’ve been in touch with many foreign brokers in USA and Singapore and most of them allow me to open an account and trade derivatives (including big name brokers). I know for a fact that you can open an account with them and buy US equity stocks, but I am interested in trading Options, and this line from RBI in their Liberalised Remittance Scheme (LRS) is very confusing: 5. All other transactions which are otherwise not permissible under FEMA and those in the nature of remittance for margins or …