Open Commodity Trading Account

♦ 0 AMC Fees
♦ Zero% Brokerage
♦ Hassle Free Account Opening
♦ 10+ Years of Trust

Commodity Trading

To trade commodities, you would like to open a commodity trading account with a broker.
This type of trading is actually in futures and options of products like agriculture (wheat, cotton, etc.), minerals (petroleum), and precious metals (gold, silver, etc.). Open online commodity trading account India with PR Wealth Growers!

 

Commodity futures and options

Before you open a commodity account, you would like to understand a touch bit about derivatives. There are two main types of products – futures and options. Futures contracts offer you the proper to purchase or sell a specific amount of a particular commodity at a predetermined date within the future. Options offer you the right, but not the requirement , to buy or sell a selected commodity at a predetermined price in the future.

Futures and options are traded on commodity exchanges like Multi-Commodity Exchange (MCX) and National Commodity and Derivatives Exchange (NCDEX). Only members (brokers) are allowed to trade on these exchange, so you would like to open a commodity trading account with a broker like PR Wealth Growers.

How to open commodity trading account

STEP 1

The First step to commodity trading account opening online is to fill up the form along with your full information

STEP 2

Submit proof of identity and address like PAN card, Aadhaar card, passport, or voter card.

STEP 3

Submit a member-client agreement on non-judicial stamp paper.

STEP 4

At the last step of open a commodity trading account in India, submit your income proofs like income tax returns or Form 16 or Bank statement.

STEP 5

The company representative will contact you to verify the details that you have given.

Benefits of Commodity Trading

◊ Commodity account opening online can provide you access to popular metals, energy, and agricultural

◊ Trade in Gold, Silver, Copper, Nickle, Aluminium, Crude Oil, Natural Gas, Zinc, Lead, etc.

◊ Commodities enable you to speculate in both rising and falling markets.

◊ Commodities can not be ZERO.

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