The trading restrictions for NRIs are as follows:

• NRIs can invest in equity delivery and trade in F&O. However, to trade in F&O, a custodian must be appointed and a Custodian Participant (CP) code is required. Zerodha has partnered with Orbis to provide custodial services. To learn more about Orbis, visit orbisfinancial.in/. For assistance with obtaining the CP code create a ticket.
• NRIs from USA and Canada cannot invest in mutual funds. NRIs from other countries can invest, if they have a NON-PIS account. To learn the differences between a PIS and Non-PIS account, see What are the documents required to open a Zerodha account as an NRI?
• Intraday trading in equity is not allowed.
• Buy Today Sell Tomorrow (BTST) trades are not allowed.
• Intraday trading in F&O is allowed if the client has a CP code.
• Trading in the currency and commodity segments is not allowed.
• If an NRE account is mapped, only equity trading would be allowed.
• If an NRO account is mapped, either equity delivery or F&O would be allowed.

Did you know? An NRE and an NRO account can be mapped to the Zerodha account. Submit two account opening applications to map both accounts. To learn the difference between NRE and NRO accounts, see What is the difference between an NRE and NRO bank account?