India FAQs

Webinar: Demystifying Investing in Global Markets for Indian Residents

Did you know that every Indian resident is permitted to remit up to US$ 250,000 every financial year by the Reserve Bank of India under the Liberalised Remittance Scheme?

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Per, you would need to select the purpose code S0001 I.e. Indian Portfolio Investment abroad in equity shares under the purpose group Foreign Portfolio Investments.

The limit prescribed by the Reserve Bank of India is US$ 250,000 per financial year per individual. This limit is subject to change by the RBI and is available on RBI's website.

The RBI's liberalised remittance scheme allows Indian residents to remit money abroad for various purposes, details are available at In your account with Interactive Brokers, you can invest (shorting is not permitted) in stocks, ETF's, bonds and options listed on over 100 markets across 26 countries. Margin trading is not permitted.