Commodity trading basics

Hello friends,

I am new to commodity trading. I want to know these things in commodities trading:

1 Which is the best broker for commodity trading(Least brokerage).


2. I am planning to do atleast 20 trades per day. I am planning to do only intraday trading, so would the monthly brokerage plans be beneficial for me?

3. What is the service tax per crore.

4. What is minimum margin money i have to deposit for doing trading (Single lot). For e.g. What is the minimum amount i have to deposit for trading in copper?

Thnx in advance:thumb::sos:

pls visit broker comparison there you have an excellent excel sheet wher in punch in your requirement and find the answer yourself...which one you think you want to go with........do not go with them....go to their thread and ask your remaining doubts..transperency etc....hope this helps instaed of opening one more thred..since i think will better done in one thread

If you want least brokerage then you should call SVLNS (1 rupee per lot) or SAS online (999/- per month).. But you must also he aware that cheap brokerage comes at the cost of capital risk, hidden charges, bad customer support, lack of safety, and the risk of broker going bust or scamming clients..

In the cheap broking category there are several names ranging from Ventura securities, SKP sec and RKSV securities. To name a few good ones...

Choose wisely. Also, I would like to point out that commodity trading has its inherent disadvantages in India.