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    How To Trade In Commodities

    Can I use Shares as Margin for Commodity trading?

    Yes, now you can pledge your shares and allocate the created limits to the Commodity Segment and start trading.

    What is the brokerage and other charges in Commodity trading and where to check?

    By default, the brokerage for Commodity trades is Rs. 20/order.
    However, If the customer wants advisory support, there are some other brokerage plans too.

    Can I trade in Agri Commodities?

    At ICICIdirect, Agri-Commodities are currently not available for trading. 

    Can I take physical delivery of Commodities?

    No, ICICIdirect does not allow delivery of the Commodities.

    What is Commodity market timing?

    Commodity Market is open from 9:00 AM till 11:30/11:55* PM for trading
    *Timings till 11:30 PM applies from 2nd Sunday of March to 1st Sunday of November due to US Daylight Savings

    Can I trade Commodities from Mobile App?

    Yes, you can trade commodities on ICICI Direct All-in-One App. This app is available on Google Play Store as well as App Store.

    Which are the Commodities available for trading?

    At ICICIdirect, you can trade into Gold, Silver, Crude Oil, Natural Gas, Copper, Aluminium, Lead, Zinc, Nickel, Cotton.
    Mini Contracts are available for Gold, Silver, Silver, Crude Oil, Natural Gas, Aluminium, Lead, Zinc. Mini contracts are smaller in size and require less capital.

    Can I hold Commodity position till expiry?

    At ICICI Direct, on the day of settlement, the cut-off timing for all the commodity future and option positions square-off is 8:30 PM.

    Futures Settlement:
    Positions in the physically-settled commodity futures are squared-off 1 day prior to the start of tender delivery period of the contract. However, positions in the Cash-settled futures of Crude Oil & Natural Gas can be traded till expiry day.

    Options Settlement:
    All Commodity Options can be traded till expiry day.

    When will my daily profit and loss (obligation) will be credited / debited?

    Daily Profit/loss will be credited/debited to the account on the next trading day before the market hours.