Angel One NRI Account Review
A full-service broker offering flat ₹20 discount-style pricing, in-house research and one of India's largest branch networks.
Angel One offers NRI trading and demat services, including depository services and NRI trading accounts. NRI accounts are governed by RBI's Portfolio Investment Scheme (PIS), so the rules and charges are quite different from a resident account — a PIS bank account is mandatory for repatriable equity trading, and brokerage is typically percentage-based rather than the flat ₹20 resident plan.
Before applying, remember the RBI/SEBI restrictions that apply at every Indian broker: NRIs cannot do intraday equity trading or BTST and must take delivery of shares; currency and commodity are not permitted; F&O is possible only on a non-repatriable basis through a custodian. Always confirm the current NRI tariff on Angel One's official website before opening.
Angel One NRI trading account
Angel One NRI accounts are governed by the RBI Portfolio Investment Scheme (PIS), so charges and rules differ from a resident account. A PIS bank account is mandatory for repatriable equity trading.
NRE vs NRO accounts
| Feature | NRE (repatriable) | NRO (non-repatriable) |
|---|---|---|
| Funds source | Foreign earnings | Income earned in India |
| Repatriation | Freely repatriable | Limited (USD 1M/year) |
| Taxation | Interest tax-free | Interest taxable |
What NRIs can & cannot trade
Set by RBI & SEBI — the same at every Indian broker.
| Equity Delivery | ✔ Allowed |
|---|---|
| Equity Intraday | ✗ Not permitted for NRIs |
| Equity F&O | ✔ Allowed (non-repatriable, custodian required) |
| Currency / Commodity | ✗ Not permitted |
| Mutual Funds & IPO | ✔ Allowed (US/Canada residents restricted by some AMCs) |
Compare Angel One with other brokers
More about Angel One
