Comment on NRI trading on Indian Stock Exchanges

Hi,

I am an NRI student based in Perth, Australia. My dad is a resident.

My dad will soon get an resident demat and trading account (equity delivery for now) with you guys for himself.

Is it possible for me to use his Login, Password and F2A Credentials and trade in equities from Perth (Kite Web) ?

Does Kite Web require an Indian mobile number ?

I believe this way is very cost-effective rather than me to open an NRE PIS account and pay higher brokerage and PIS reporting charges.

Thanks.

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