Is Intraday allowed in US Stocks and ETFs?

Is Intraday allowed in US Stocks and ETFs?

Under RBIs Liberalised Remittance Scheme (LRS), Intraday falls under prohibited items and hence it is not allowed.

    • Related Articles

    • Can I use same 5paisa account to trade in US stocks or I have to open a new account?

      You can use your existing 5paisa account although; you will need to open an account with our US investments partner Vested to start trading in the US stocks. To start please visit, 5paisa.com/invest-in-us-markets  
    • What is Intraday and Delivery Trading?

      If customer wishes to trade in stock market, there are 2 types of trades wherein customer can trade. Intraday: When you buy or sell stocks on same day then it is called as Intraday Trading. If you buy shares today you need to square off your position ...
    • What are Vests and how is it different from stocks?

      Vests are custom and curated portfolios that comprise stocks and/or ETFs. Vests are constructed with different goals or themes in mind. Some Vests are built to enable investors to invest into diversified core assets that balance performance and ...
    • Can collateral be only in the forms of MTF approved stocks?

      Yes, Collateral can be in the form of approved stocks. It can also be mix of cash and collateral. Client can pay us the margin in the form of cash/ collateral in any form. Suppose if  margin requirement is Rs. 10000, client can pay us partial i.e. Rs ...
    • Does Swing trader give any intraday recommendations?

      No. It has a positional call for a period of 2 to 20 days. It does not recommend for derivatives as well. The frequency of recommendation is totally based on market and stock movements. However, in a week at least 8 to 10 stocks are recommended. ...