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Commodity Trading by Motilal Oswal 2024

Rated 4/5 by InvestorGain Team
Motilal Oswal Securities Ltd Commodity Trading
  1. The Pioneer Discount Broker
  2. Get 100% Free Delivery Trading
  3. Free Direct Mutual Funds & SIP

Motilal Oswal offers a Commodity Trading feature to its customer. Motilal Oswal is a registered broker with NCDEX and MCX. If you have a Demat and a Trading account of Motilal Oswal, then you just need to activate the derivative commodity section in this MO platform. And you can do commodity trading from the MO Investor mobile app and website. For commodity trading, MO will charge you Rs 20/ Lot flat brokerage. Traders can trade in agricultural and non-agricultural commodities.

Motilal Oswal Commodity Account Opening Charges

Motilal Oswal does not take any charges for commodity account opening.

Commodity Account Opening Process in Motilal Oswal

Follow these steps to activate the commodity trading features in Motilal Oswal :-

  1. First of all, you must have a Demat & Trading account of Motilal Oswal.
  2. Now visit the Motial Oswal official website and login in.
  3. Go to your profile icon button, and click on the “Additional Segment Service”.
  4. The segment activation request page will be open.
  5. Click on the check box of derivative (F&O, commodity, currency)
  6. Provide your details and trading experience, income details, etc.
  7. Click on commodity-wise categorization.
  8. After that, you will be redirected to the commodity consent page.
  9. Select the category as other and submit it after confirmation.
  10. Now select the commercial and non-commercial product types and save it
  11. Click on the check box to give consent and confirm it.

After verifying all your details your commodity account will be activated.

Offline Process for opening a commodity account in Motilal Oswal

Motilal Oswal is a full-service stock broker company in India. It has branches in more than 500 cities in India. You can visit the nearby branch and submit the commodity account opening request. And Motilal Oswal also offers you a personal advisor for financial services, So with the help of this broker’s agent you can easily open a commodity account. You can call him and fix the appointment. He help will help you understand every minute detail of commodity trading before investing in it. You just need to send / courier the PDF of the commodity account opening request to the agent.

Documents for Commodity Account Opening In Motilal Oswal

You will be required some additional documents for commodity-based trading that are generally not required in delivery equity or delivery intraday trading.

  1. Last 6-month bank statements.
  2. Copy of Income Tax Return
  3. Income proof

Motilal Oswal Commodity Trading Type

MO registered with NCDEX and MCX that contains various kinds of commodities as mentioned below :-

  1. Energy
  2. Meat
  3. Agri ( Agricultural)
  4. Metals

Motilal Oswal Commodity Trading Platforms

MO customers are allowed to do commodity trading from various platforms as given below :

  1. MO Investor (Mobile App or Web-based)
  2. MO Trader (Mobile App or Web-based)
  3. MO Desktop Trade Terminal

Motilal Oswal Commodity Trading Demo

Benefits Of Commodity Trading From Motilal Oswal

  1. User-Friendly interface of MO Investor for commodity trade.
  2. Trade on lower margin opportunities to get a higher return.
  3. A wide spectrum of commodities is available to trade.
  4. A dedicated financial advisor that helps you make a strong portfolio.
  5. Real-time updates of commodities
  6. Research-based reports and suggestions.
  7. Free account opening service at the lowest brokerage rate.

Commodity Trading Brokerage of Motilal Oswal

Motilal Oswal takes a flat brokerage of Rs 20 per lot for commodity trading. All traders can do trading in different commodities segments like power, energy, agriculture, etc. at the flat same brokerage, which is independent of the volume of trading.

Motilal Oswal Commodity Customer Care

You can contact your broker’s agent to get more information about commodity trading or other financial services.

S. No. Particulars Helpline No.
1. Motilal Oswal Customer care E-mail [email protected]
2. Motilal Oswal customer care phone number 022-40548383
Request call back from Zerodha

FAQs

Motilal Oswal charges a flat brokerage of Rs 20 per lot. But it doesn’t charges anything for activating commodity trade service as well as one year AMC is also free.

 

Commodity Trade timing is scheduled as :-

Opening time: 9: 00 AM

Closing time: 11: 00 AM

 

Last Updated on 2023-09-14