Which is best broker for MCX trading?
Top Commodity Broker in India List (Full-service Brokers)
| Rank | Broker | Brokerage |
|---|---|---|
| 1 | ICICIdirect | Rs 20 per order |
| 2 | Kotak Securities | Delivery: Rs 20 per trade | Intraday: Free |
| 3 | HDFC Securities | Rs 100 per lot |
| 4 | IIFL Securities | Rs 20 per order |
Can I directly trade on MCX?
Trading on MCX can be done via your regular online Demat account. The Securities and Exchange Board of India did not allow direct trading for retail investors before 2017. However, since then all broking houses are allowed to offer direct trading over MCX and other commodity markets via regular accounts.
Which app is best for MCX trading?
10 of the best commodity trading apps for Android are as mentioned below:
- Edelweiss Mobile Trader – Commodities App:
- Moneycontrol.
- IIFL Markets.
- Reliance Commodities Trading App.
- Investing.com.
- Angel Broking App.
- Thomson Reuters:
- Commodities Market Prices:
In which broker can I trade commodities?
Know about Top 10 Commodity Trading Brokers in India
- Angel Broking: Best Commodity Broker in India.
- Zerodha: Top Commodity Brokers in India.
- Sharekhan: Best Commodity Trading Brokers in India.
- Upstox: Top 10 Commodity Trading Brokers.
- ICICI Direct: One of the Best Commodity Brokers in India.
Which broker gives highest margin in commodity?
Below-cited is the list of leverage offered by top stock brokers in the “Commodities” segment.
| S. No. | Broker | Margin |
|---|---|---|
| 1 | Wisdom Capital | Up to 7 times |
| 2 | Zerodha | Up to 2.5 times |
| 3 | UPSTOX/RKSV | Up to 3 times |
| 4 | SAS online | Up to 5 times |
Which commodity account is best?
Here are the 7 best commodity brokers in India,
- Zerodha Commodity Broker.
- Upstox Commodity Broker.
- Angel Broking Commodity Broker.
- TradePlus Online Commodity Broker.
- TradeSmart Online Commodity Broker.
- FYERS Commodity Broker.
- Sharekhan Commodity Broker.
Can I trade in MCX in Zerodha?
Zerodha MCX trading is a facility provided by Zerodha to trade in Commodity Futures and options (F&O). Zerodha allow commodity options trading products like Silver, Gold, Zinc, Copper, and Crude oil in MCX. Note: Zerodha customers need an Equity Trading and Demat account before opening Commodity trading account.
How can I buy from MCX?
Beginners Guide to Trading Gold through MCX
- Find and select a broker – Brokering firms are the best way to enter the MCX and one should choose a firm which matches his/her ideals and aspirations.
- Register – An individual should register himself in order to trade in gold and is required to fill in an application form.
What is commodity trading Zerodha?
Commodity trading in Zerodha allows investors to invest and trade in commodities like gold, silver, metals, oil, and other agricultural products through Zerodha Kite. Zerodha provides commodity futures and options trading to its customers through Zerodha Commodities Pvt Limited that holds MCX membership.
Can I buy commodity in Groww?
You can easily buy MCX shares in Groww by creating a demat account and getting the KYC documents verified online.
Is Zerodha registered with SEBI?
(hereinafter referred to as Zerodha). Zerodha, being a Trading Member of NSE and BSE, registered with Securities & Exchange Board of India (“SEBI”) and having Registration No. INZ000031633 for Cash/Derivatives/Currency Derivatives segments of NSE & BSE.
Which commodity trading is best?
The Best 5 Commodities to Trade in India in 2022
- Crude Oil. Crude oil is one of the best commodities to trade because it is naturally-occurring unrefined petroleum and a fossil fuel which comprises organic materials and hydrocarbon deposits.
- Aluminium.
- Copper.
- Natural Gas.
- Gold.