All Articles
Can an NRI be added as a nominee to a resident Arrow account?
Yes, an NRI can be added as a nominee to a resident Arrow account. To add an NRI as a nominee, the NRI's address and mobile number must be Indian.…
Can an NRI, HUF, Corporate account avail SLB services?
Yes, you can avail SLB services with NRI, HUF, and Corporate accounts. However, if you hold an NRI account, you should consult a tax advisor to…
Can an Overdraft (OD) bank account be linked with Arrow?
No, you cannot link an Overdraft (OD) bank account with Arrow. You can link the following bank account types with both individual and corporate accounts:
Can Arrow arrange to pick up the account opening documents?
iRage does not facilitate the pick up of the account opening forms. You can courier the forms to the following address:
Can Arrow combine all their apps into one universal Arrow app?
No, iRage cannot combine all apps into one universal app. While all products fall under the investment tech umbrella, they differ considerably in…
Can Arrow delete client data on request?
No, iRage cannot permanently delete your client data on request. SEBI regulations require brokers to maintain records of all client documents for at…
Can Arrow Fund House securities be pledged for margin?
? — Arrow support guidance for clients of iRage Broking Services LLP (SEBI registration INZ000011262), product name Arrow. Registered office: Gift…
Can Arrow provide reports or statements in either softcopy or hardcopy format with a seal and signature?
Kindly state the name and type of report needed in the ticket clearly.
Can cross-currency derivatives be traded in Arrow?
Cross-currency derivatives include contracts like EUR-USD, GBP-USD and USD-JPY where INR is not a component in the currency pair. You cannot trade…
Can eMandate be set up using a joint account?
Some banks do not allow you to create eMandates from joint bank accounts. You can create standing instructions instead by adding iRage as a beneficiary…
Can exiting one leg of a hedged position lead to a margin shortfall?
Yes, exiting a hedged trade's low-risk leg is a common reason for peak margin shortfall. These shortfalls can occur even if you have closed both legs…
Can F&O positions be rolled over during the ban period?
Yes, you can roll over F&O (Futures and Options) positions during the ban period, but only under specific conditions set by SEBI's delta-based FutEq OI…
Can funds be transferred using IMPS, NEFT, RTGS or cheque from bank accounts not linked to the Arrow account?
As per the SEBI mandate, funds can be transferred only from bank accounts linked to the Arrow account. Any funds transferred through IMPS, NEFT, RTGS,…
Can funds in the equity segment be used to trade in commodities?
Yes, clients can use funds from the equity segment to trade in the commodities segment through the single ledger facility. To use this facility,…
Can funds in the equity segment be used to trade in commodities?
Yes, clients can use funds from the equity segment to trade in the commodities segment through the single ledger facility. To use this facility,…
Can G-sec investments be exited before the maturity period?
Yes, you can exit G-sec investments before maturity by selling them on the exchange like stocks.
Can I add a second or third holder to my existing individual account to make it a joint account?
No, you cannot add a second or third holder to your existing individual account to make it a joint account. You need to open a new joint account…
Can I add another person to my trading account?
For Can I add another person to my trading account? — the answer depends on your account type and the latest Arrow / exchange rules. As a default: use…
Can I apply for an IPO in multiple Categories on Arrow?
Yes, you can apply for an IPO under shareholder, employee and retail categories using the same demat account, provided the company does not prohibit…
Can I buy options using collateral margin?
You can now buy options using collateral margin on iRage by pledging your holdings as collateral, a feature previously limited to equity intraday,…
Can I buy shares on one exchange and sell on another?
For Can I buy shares on one exchange and sell on another? — the answer depends on your account type and the latest Arrow / exchange rules. As a…
Can I carry out arbitrage trades between two exchanges?
See the steps and notes below for Arrow account opening guidance.
Can I change my Arrow user ID?
No, you cannot change or customise your iRage user ID. Each user ID is updated on the exchange to track all your transactions, making it permanent and…
Can I claim input tax credit on the GST paid for Arrow's service?
Yes, the input tax credit for the GST paid for iRage's services can be claimed if the following conditions are met:
Can I close my demat account while keeping my trading account open?
No, you cannot close your demat account without closing your trading account. This restriction exists for the following reasons: