Best commodity option trading account in india
And what is the procedure to enable it? Are you sure you were trading within us? Will get this checked. I realized it later and then I logged in with my account and so…. I could give consent easily then…. U can find the premium values at this mcxindia website link. What is the premium of gold futures to spot market? What is the premium of Gold November Call? For now you can track the premiums here — https: Margins are dependent on the strike that you choose, but generally, it is about the same as the margin required for a futures trade.
Check this — https: We have not started Gold options yet. Will start sometime soon. Meanwhile, please do give your consent to for MCX options — https: Why zerodha kite or pi not getting MCX gold option contract for trading? Will you release Greeks calculator for Black 76 too??? Black 76 is on the list of things to do. Btw, not much activity on Gold options on MCX. Also, you maybe interested to know that there is no liquidity yet on Gold Options — https: I have account in zerodha equity…if i want start trading in gold option then i have open account in mcx or will it ok on current account..
You will have to open a Commodity account online, check this — https: Hi Karthik—can u share some successful trade setup strategies in commodity and also a detailed explaination.
Deepak, you can pretty much run the strategies being discussed here on Commodities as well — https: As usual awesome tutorial!!!! Could you just tell me the symbol name of Gold option?? So that i can keep it in the market-watch. Glad you liked the content, Soumya. Very laid back attitude by Zerodha in starting option. Will check if other brokers ar offering gold option. If yes will not hesitate to switch. Avanish, Gold options are live on our desktop software, Pi. The gold option is illiquid.
Why do you think commodity option has not taken off in India? Lack of awareness is perhaps the single biggest reason. I think equity markets itself is still in its nascent stage, it will be a while for the commodities market to pick up full steam. Thankyou for replying Karthik.
Is there a way to play options in india on gold, crude, soybean and coffee? Gold options are available on the exchanges, but unfortunately, there is not much activity there.
No other commodity options are available. If one were to talk about the crude oil options, then you need to remember the following — The underlying for Crude oil option is Crude oil Futures The underlying for crude oil futures is the price of Crude Oil on NYMEX So in a sense, this can be considered a derivative on a derivative. Now, the question is why would you not want to exercise an ITM option? I will cut through the technicalities and let you know what you should know and expect — Commodity options will expire few days before the first tender date of the futures contract.
Half of the required margin needs to be available a day before the expiry and the remaining half on the day of expiry of the options contract to convert the position to a futures contract. For example, The Expiry of the Gold option contract is on 28 November and the futures contract expires on 5 December Half of the margin needs to be added to the account on 27 November and the remaining on 28 November If you holding a deep ITM option, then the profits arising out of this position will be considered to offset a portion of the margins required Given the above point, the deeper the option, lesser would be the margin required.
You would opt for this if you know that the position is not going to be profitable owing to taxes and applicable charges.
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For this, you have to pay one time demat account opening charges of Rs Apply for the Aditya Birla Account by clicking here. ADM offers terminal based, web based and mobile app based trading to its customers. Other then trading platform ADM is providing a portfolio tracker and online analytical for better decision making. You can also Access all account related information like portfolio tracker, capital gains, statement of accounts and DP Holdings and.
RSL is a wholly owned subsidiary of religare enterprise. RSL is a diversified financial service group which serving more than 8 lakh across both online and offline platforms. RSL offers broking services in equity, currency and commodity along with depository participant services. Kotak securities demat account offers a single account to hold certificates of your financial instruments like shares, bonds, government securities, mutual funds, and exchange-traded funds ETFs.
Kotak securities provide a single platform for investments in equities, mutual funds, and currency derivatives. It also offers margin against securities using shares in your demat account. Available margin can be used for any of the three segments. If you are looking for the broker advice then Kotak broker also provide daily alerts, economic reports and customizable Research Reports to its clients.
Sharekhan is one of the leading online brokerage company having more than 12 lakh customer base. Presently company has providing service from more than offices across cities. This account has the features like multiple watch lists, real-time portfolio tracking with price alerts and integrated banking. Motilal oswal financial services is at the third position in the list of best demat accounts in India.
Presently the company has more than business locations with over 7. Zerodha is one of the largest discount broker having more than Over 1. Zerodha is best for the small investors because there is no minimum charges of brokerage per trade.
The brokerage rate is 0. This will lead you in saving on brokerage. Their main business review comes from derivatives, hence they have decided to charge zero brokerage on delivery. Zerodha also offers a 60 Day Challenge. If a trader is net profitable in a 60 day period, all the brokerage charged to him will be refunded. Maximum brokerage reversal is capped at Rs per challenge. You should not open Zerodha account just because it offers lowest rates.
I do not have any account with Zerodha because I am not a trader. You should open Zerodha if your trade volume is more than 1Cr per year. Ventura is a full service broking company which provides service to clients to invest in equity, equity derivatives, commodities, mutual funds, fixed income products and currency futures.
I am Ventura customer for a long time. Their windows based trading platform is also good. You will need a little trading before starting your trading on their platform. Ventura charge different brokerage rate depends upon the plan that you will choose. You have to pay the plan amount at the account opening time. Your brokerage will be adjusted against deposit throughout the year. ICICI direct is one the largest share brokerage company having more than 20 lakh customers. A variable percentage of brokerage is charged on basis of quarterly turnover.
Higher the turnover, lesser will be the brokerage. A fixed percentage of brokerage is charged on turnover. There is no turnover based slab rates like I- saver plan. You have to pay prepaid brokerage under this plan.
The brokerage rate is lesser as compare to the other two plan. HDFC securities provides 3-in-1 account which integrate your saving account, trading account and demat account. I tried to collect all required information in a single article. I would like to know which account you liked. Kindly let me know in the comments. For high volume trading, the first preference should be 5Paisa. AngelBroking , that provide you reliable trading platforms and awesome customer support.
Avoid the common mistakes that I also did in the past and lost my money. I have written an article on how to avoid common mistakes in share market.
You must read how to start investing in the indian stock market even if you have only Rs. How to open account and operate them. Request you to also review demat account provided by Yes bank. Excellent compilation of various options available in the market. Thanks for this insightful write-up.