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Is it good idea to do stock trading using parents account living in India or open an NRE trading account? I live in Australia.
I am wondering if it would be a good idea to do stock trading using my parents' account living in India or should I open an NRE trading account since I live in Australia?
That really depends on your personal preferences and goals. However, opening an NRE trading account might be a better option as it allows you to invest in India while living abroad, without having to deposit or withdraw funds in foreign currency. It will also allow you to repatriate your earnings back to Australia easily.