Indira Commodities Pvt Ltd (ICPL), a venture of Indira Group is an authorized trading member of MCX and NCDEX to facilitate customers to start commodity trading with Indira Securities. ICPL offers clients a golden opportunity to start online trading in the commodity market. To trade-in commodities, you must open a commodity trading account with Indira Securities which is available at zero account opening charges.
Here, the page provides you a quick update on Indira Securities Commodity Trading, brokerage charges, margins, and others.
The broker allows trading in different types of commodities including but not restricted to gold, silver, zinc, crude oil, natural gas, and energy commodities. Recently, on 26th May 2020, the broker also started trading in Agri commodities (AGRIDEX).
There’re two ways including both the online as well as offline to open a commodity trading account with Indira Securities, each of them are presented below;
To open a commodity trading account online, the procedure is the same as of online account opening but make sure you’ve selected the commodity segment as well for trading. Follow this process to open an online commodity account with IndiraTrade;
There’re several possibilities that customers might be less comfortable with the online process henceforth, they may prefer opening account offline. To open a commodity trading account offline, clients can visit any of the nearest branch of the Indira Securities branches, let the team know your account opening requirements, and the representative will help you throughout to open an offline commodity account. Under this process, you have to fill physical account opening forms and submit them to the broker. After the submission of the documents, it will go under the verification process and if everything is appropriate, then the commodity trading account will be opened.
The broker provides doesn’t charge any commodity trading account opening charges. In other words, you can open a free commodity trading account with IndiraTrade.
At IndiraTrade, the broker provides flexible brokerage plans wherein both the traditional % based brokerage as well as currently popular discount based plans are being available. The commodity trading brokerages under both of these plans are discussed below:
The broker offers margin trading facilities to all customers. On commodity trading on MCX, Indira Securities provides up to 4X margin. The margin trading facility allows customers to borrow the required sum from the broker up to a specified extent, thus, clients don’t need to pay the full amount required to buy a commodity.
All of the trading platforms including web trading, mobile application and trading terminal offered by the broker are available for the commodity trading, pointed below;
Indira Securities facilitates free call & trade thus, commodity traders can avail such facility by calling the broker’s commodity customer service desk and let them know your trade requirements, and accordingly, the team will place commodity buy or sell orders.
The full-service brokerage house has a separate customer service desk for every product & service offered i.e. equity, commodity, currency, depository, MF & IPO, etc. If you have any difficulty while trading in commodities with Indira Securities, then you can immediately connect with the IndiraTrade commodity customer care team to resolve the issue.
Last Updated on 2020-12-07