ICICI Direct Commodity Derivatives (Terms & Conditions)
Start trading or investing with ICICI Direct Commodity Derivatives at Rs. 20/order and Rs. 2/lot.
New website view launched by ICICI direct with commodity futures.
If you have already ICICI Direct account then you don’t have to provide any psychical documentation to proceed.
You can trade MCX (Multi Commodity Exchange of India) stocks like Gold, Silver, Natural Gas, Soyabeen, Chana & etc.
For your information, MCX is occupied 95% market of commodity trade.
Process to start trading with ICICI Direct Commodity Derivatives
- Login with new website of ICICI Direct
- Go to commodity tab
- Accept the terms and conditions of the box
- Click on place order text and start booking your orders
- Get the stock and hold till benefits
Feature of MCX Trade
Wide Range of contracts: By using ICICI direct commodity, you will get a long term future contract on different commodities at your desire price to buy or sell.
Low Margin Required: As compared to Equity trade, in the commodity there are less margin required or cash required to hold the stock.
Trading Hours: In commodity market you will get max time to observe and place the order. You can trade from 9:00 AM to 11:55 PM. However, In the equity market, you will get limited time period to take actions (9:15 AM to 3:30 PM).
If you have any further query then you connect with help desk of ICICI direct ([email protected]).