Whom we serve

As a Broker Dealer cum Clearing Member based in GIFT IFSC, Findoc IFSC cater to a diverse set of global and domestic market participants seeking efficient access to international financial markets through a robust, regulated framework

INSTITUTIONAL

SEBI Registered FPIs

If a foreign entity is registered as a Foreign Portfolio Investor (FPI) with Securities and Exchange Board of India, it can participate in GIFT IFSC exchanges without additional approval or documentation.

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Findoc IFSC may rely on due diligence already conducted during the SEBI FPI registration.

CORPORATE/HNIS

Eligible Foreign Investors (EFIs)

It is a simplified route for foreign investors like NRIs, Individuals, Hedge Funds, and Family Offices to trade derivatives in GIFT IFSC without going through full FPI registration.

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Who can become an EFI ?
  • NRIs & Foreign Individuals
  • Foreign Corporates/Institutions
  • Hedge Funds & Proprietary Trading Firms
  • Family Offices & Asset Managers
  • Foreign Partnerships/Trusts
INDIVIDUAL

Resident Individuals

A resident Indian individual can participate in GIFT IFSC, but the investment is treated as an overseas investment and must comply with RBI's Liberalised Remittance Scheme (LRS).

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  • Maximum remittance allowed: USD 250,000 per financial year.
  • Funds must be remitted from India through LRS.
  • Permitted to trade only, US Stocks via UDRs and Global Securities within LRS.

Our Capabilities & Highlights

Algorithmic Trading

Advanced automated execution strategies.

High Frequency Trading

Microsecond latency for HFT participants.

Direct Market Access

Direct connectivity to IFSC exchanges.

API Based Trading

Robust REST/FIX APIs for custom integration.

Our Controls

Pre-trade risk checks
Real-time exposure
Kill switch mechanisms
Order throttling limits

Compliance Note: All controls are real-time and mapped directly to IFSCA regulatory mandates.

Client Categorization

1. Trading and Clearing

FPIs & EFIs

SEBI Registered Foreign Portfolio Investors (FPIs) and Eligible Foreign Investors (EFIs) seeking direct market participation.

Who can become an EFI?
NRIs & Foreign Individuals
Alternative Investment Funds (AIFs)
Foreign Corporates / Institutions
Hedge Funds & Proprietary Firms
Family Offices & Asset Managers
Foreign Partnerships / Trusts
Resident Individuals

Indian residents participating under the LRS framework for global asset diversification.

2. Clearing

Trading Members (TMs)

Registered members of NSE IX and INDIA INX utilizing Findoc for professional clearing.

RTPs

Remote Trading Participants accessing GIFT IFSC from international jurisdictions.

Note: Clearing services are provided with integrated settlement bank connectivity.

Onboarding Process – Trading & Clearing Service

Initial Engagement
STEP 01
  • Drop an email to FINDOC IFSC on ifsc@myfindoc.com
  • Client consultation to understand client needs
  • Identification of appropriate account structure
Documentation & KYC
STEP 02
  • Completion of Know Your Customer (KYC) requirements
  • Submission of identity, address and financial documents
  • FATCA/CRS declaration (wherever applicable)
Due Diligence & Compliance Checks
STEP 03
  • Anti Money Laundering (AML) screening
  • Risk profile and eligibility assessment
Client Documentation and Agreements
STEP 04
  • Signing of account opening form
  • Client – Broker agreement
  • Risk Disclosure Document
  • Rights & Obligations
Account Set-Up
STEP 05
  • UCC Generation
  • Creation of Trading Account
  • Depository arrangement (If required)
Activation and Funding
STEP 06
  • Account activation upon successful verification
  • Fund remittance in USD
Exchange and Clearing Integration
STEP 07
  • Client mapped to Trading Platform of NSE IX and INDIA INX
  • Mapped with Findoc IFSC as a clearing member
Activation and Trading Access
STEP 08
  • Pre-trade risk checks enabled
  • Login credential issued

Key Documentation for opening of trading and clearing account

For Individuals

  • Passport / Government ID
  • Proof of Address
  • Bank Account Details
  • Tax Residency Declaration
  • FATCA Self-Declaration (If applicable)
  • AML and Risk assessment

For Institutions

  • Certificate of Incorporation
  • MOA/AOA/Constitutional documents
  • Board Resolution
  • List of Directors/Authorized Signatories
  • Shareholding structure
  • Ultimate Beneficial Owner (UBO) Details
  • Tax Residency Declaration
  • FATCA Self-Declaration
  • AML and Risk assessment

Key Documentation for opening of clearing account by TMs and RTPs

Trading Members (TMs)

  • Certificate of Incorporation
  • Memorandum and Articles of Association
  • Partnership Deed (If applicable)
  • Board Resolution authorizing trading and clearing
  • IFSCA Registration Certificate
  • Exchange membership approval
  • SEBI Registration (If Indian Entity operates via IFSC Branch)
  • Registered office address proof
  • Contact Details
  • List of shareholders/Partners
  • Ultimate Beneficial Owners
  • ID and address proof of Directors/KMPs
  • Audited Financial Statements
  • Net worth certificate
  • Bank account details
  • FATCA self-declaration

Remote Trading Participants (RTPs)

  • Certificate of Incorporation
  • Charter documents (Articles/Bylaws)
  • License/Registration from home regulator
  • Proof of membership in recognized foreign exchange (If applicable)
  • Registered office address proof
  • Contact details
  • List of shareholders/Partners
  • Ultimate Beneficial Owners
  • Passport copy of Directors and authorized signatories
  • Audited Financial Statements
  • Net worth certificate
  • Bank account details
  • Tax Residency declarations
  • AML/CFT Declarations
  • Declaration (FATF-compliant & IOSCO MMoU signatory)

Key Tax aspects for FPIs, EFIs and NRIs trading through GIFT IFSC Exchanges

Exemptions

No Securities Transaction Tax (STT), Commodity Transaction Tax (CTT) or GST on IFSC exchanges.

Capital Gains

Generally, 0% capital gains tax is applicable to non-resident investors on income from IFSC funds.

Income Type

Capital gains from derivatives trading and certain other investments in GIFT City are generally tax-free.

Concessional Rates

In cases where taxes apply, a lower withholding tax rate (e.g., 10.92%) may apply.

Connect With Us

For inquiries regarding our GIFT City services.

Location

303, Signature Building, 3rd Floor, Block No 13B, Zone 1, GIFT SEZ, Gandhinagar, Gujarat, India - 382050

Email Address

ifsc@myfindoc.com

Service Hours

Mon–Fri: 8:30 am – 7:00 pm (IST)Weekend calls by appointment