Open up an account for trading which is live with brokerage firms that deal in commodities. There are certain formalities which need to take care of before your account is live. One needs to show identifications to confirm the credentials. The primary requirement is the showing of your PAN card. Another prerequisite of the openness of the trading account is the existence of a bank account through which the money will be moved to and from the trading account. In general, 5, 000 rupees is the minimal requirement for starting out on the commodity trading scene.
Some of the NSE Tipsfor commodity trading include the choosing of the brokerage firms for commodity trading. It should be done on the basis of market records and also the transaction rates which they offer. With the rise of the internet it is so easy to do just then online. Another way of choosing a brokerage firm is by contacting their customer service center. If you find them helpful enough and ready enough to answer all your queries and give suggestions which seem beneficial, then it’s the brokerage firm to go for.
The choosing of the right brokerage firm is extremely crucial since it may be the key factor in profits or loses that you incur in the commodity trading scene. Also if you start losing money when starting out, don’t lose heart. Rather wait and provide an assessment of the situation. Analyzing the mistakes will help you to determine what happened and this will keep you from repeating them again.
Options Trading in india?Wondering if you could provide any link which provides real time options chains or delayed quotes for BSE/NSE., couldnt find one. What Securities are allowed options Any firm which gives live options feed for BSE/NSE Thanks Bharat
Go to Nse India —–> right hand side 2nd option of Derivatives —-> 5th on it option chains