I am individual indian resident, Can i trade nymex crude mini from interactive broker LLC it is legal or illegal as per fema act and LRS

stumper

Active Member
#3
Just to be clear, its remittance for margin which is not allowed. You can however do non speculative investments in foreign markets.
 

bull375

Active Member
#4
I agree with Stumper. Yes remittance is not allowed for margin trading. One can only trade in non speculative investments such as in Equity cash markets abroad (US or any other international stock equity markets only)
 

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