loader2

About Commodity Market

Commodities like gold, silver, crude oil, metals and agri products are consumed on daily basis. They provide an excellent opportunity for trading at an exchange. Individuals, corporates and value chain participants trade in commodity derivatives.

ICICIdirect provides an opportunity to trade in Commodity Derivatives at Multi Commodity Exchange (MCX)

Exclusive Features

idea

Commodities are easy to Understand

available

Major commodities available for trading

global

Commodity market is Internationally linked

package

Smaller Lot Sizes

discount

Lower Margin Requirement

clock

Longer trading hours: 9.00 AM to 11:30 PM / 11.55 PM

Benefits of Commodity Trading with ICICIdirect

device

Efficient Trading Platform

rupees

Ease of Transfer of Funds

p-market-research

Research Advisory Services

Videos

Podcast

Commodity Yearly Outlook

Exclusive Podcast on Monthly Commodity Derivatives Outlook

Commodity Hindi Podcast

Commodity FAQs

If you are an existing customer with 3-in-1 ICICIdirect.com account or have opened a new trading account. You will be able to start trading in commodity if your linked ICICI bank account is more than 6 months old or have securities value above Rs.5000 in your linked ICICI Bank demat account or have given financial documents physically. You can activate your account by accepting online Terms and Conditions for Commodity Derivatives and submitting Mandatory Communication Details wherein you will have to give mandatory details and commodities preference. This 'Mandatory communication Details' page will be displayed post acceptance of Terms and Conditions. If you are a resident Indian then your Gross Annual income should have been update within 18 months, if you are a corporate then your networth should have been updated within 18 months. You can update your gross annual income p. a./Networth under Setting > Personnel Details –>Other Details tab.

If you have not linked your ICICI Bank account and have linked other bank for trading, then either you have to give the financial document or you should have securities above Rs. 5000 in your linked ICICI Bank demat account to start trading in commodity segment.

For further information on the above feel free to contact our customer care numbers or you may also write to us at helpdesk@icicidirect.com.

Existing customers: If your linked Bank account is more than 6 months old or you have securities value above Rs.5000, then you can activate your account for Commodity Derivatives Segment online by accepting the Online Terms and Conditions for Commodity Derivative and submitting Mandatory Communication Details wherein you will have to give mandatory details and commodities preference. You can also have to submit financial documents to get your commodity segment enabled.

New customers: If you are not already a registered customer of I-Sec, you will have to open a 3-in-1 account with I-Sec. The account opening documentation for the 3-in-1 form has been consolidated for all product offerings and contains the Commodity Derivatives documentations also. Proof of identity and address, as prescribed, would be required to be submitted along with the new account opening form. However, you will be able to trade in commodity only if you have submitted the financial document or fulfilled the criteria as mentioned in point (a)

No, if you are an existing customer and have a 3-in-1 ICICIdirect.com account and have linked bank account which is 6 months old or have securities value above Rs.5000, you can activate your account by accepting online Terms and Conditions for Commodity Derivatives and submitting Mandatory Communication Details wherein you will have to give mandatory details and commodities preference. This 'Mandatory communication Details' page will be displayed post acceptance of Terms and Conditions. If your linked Bank Account is not more than 6 months old or you do not have minimum shareholding of Rs.5000 then you can activate your account for Commodity Derivative Segment by submitting the prescribed documentation. Please, note once you have submitted the mandatory communication details and wish to update the same then you can do so from Personal Details page.

Open an Account

Open an account and get a free subscription from MoneyControl, ET Prime and many more...

OTP sent to +91 1234567890

Didn’t received OTP? Resend

00:30