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Which discount broker is best for commodity trading?

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Which discount broker is best for commodity trading?

Cheapest Commodity Broker in India List (Discount Brokers)

Rank Broker Brokerage
1 Zerodha Rs 20 per executed order or .03\% whichever is lower
2 Upstox Rs 20 per executed order or 0.05\% whichever is lower
3 Angel Broking Rs 20 per executed order
4 5paisa Rs 20 per executed order

Which is best broker for crude oil trading in India?

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.

Which app is best for commodity trading in India?

10 of the best commodity trading apps for Android are as mentioned below:

  • Commodity Beat.
  • ET Markets: NSE & BSE India.
  • Edelweiss Mobile Trader – Commodities App:
  • Moneycontrol.
  • IIFL Markets.
  • Reliance Commodities Trading App.
  • Investing.com.
  • Angel Broking App.

Is MCX a broker?

The full-service commodity broker in India offers commodity trading, research and advisory services. Customers can trade in commodity contracts at MCX and NCDEX exchanges. The commodity trading brokers in India are classified into two categories: Commodity Discount Brokers.

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How can I open MCX account?

Open commodity trading account in a few steps

  1. Fill out the application form.
  2. Submit standard Know-Your-Customer (KYC) documents.
  3. A member–client agreement will need to be executed between you and the commodity broker.
  4. Submit the required income proofs.
  5. Submit details of your demat account.