r/NepalStock • u/Former_Lawfulness310 • 21h ago
Trading/Settlement/Payment Investing through IBKR
I recently discovered that you can open a IBKR account with a Nepali pan number but you cannot buy and sell international stocks on it? Obviously Nepals investment restricting act prohibits citizens to make any form of investment abroad. However, Nepali citizens can legally invest in foreign stock through IBKR and avoid violating the law if they are funding their account with foreign earned income and bank account because I’m guessing in the end it comes down to the prohibition of sending money outside of Nepal?
Have you guys used IBKR with Nepali pan number and funded it through foreign accounts? If so, how has the experience been so far? Have you faced any restriction?
