Open Commodity Trading Account
Commodity Trading
A commodity is a product that has a commercial value that can be produced, bought, sold, and consumed. For a specific future date on the Commodity Futures Exchange, there is a contract to buy or sell a specific quality, a specific commodity. Commodity trading in India brings a basket full of diverse avenues for investment away from the traditional path of equity, bonds, and real estate. Based on historical data, adding contacts to goods in your existing portfolio helps you increase returns by reducing risk. Goods have a very little or negative relationship with other asset classes. Open online commodity trading account India with Aaditya Wealthon!
Open An Account
How to open an online commodity trading account in India?
STEP - 1
The First step to commodity trading account opening online is to fill up the form with your full information
STEP - 2
The next step of open online commodity trading account in India would be submitting your identity and address proofs like PAN card, Aadhaar card, passport, or voter card
STEP - 3
On the next step of the online commodity trading account Submit a member-client agreement on non-judicial stamp paper.
STEP - 4
At the last step of open a commodity trading account in India, submit your income proofs like income tax returns or Form 16.
1. Choose your market
Select the commodity, like Crude Oil Brent, Gold, or Natural Gas, which you want to spread bet or trade CFDs on.
2. Decide to buy or sell
Buy (go long) if you think prices will hike, or Short (go Sell) if you think prices will go down.
3. Enter a Trade Size
Decide on the amount of every point movement (spread betting) or units (CFDs) that how much you want to trade. The value of a unit while trading CFDs may vary depending on the means you choose to trade.
4. Manage your risk
A stop-loss is designed to break an investor's loss on a security position which makes an unfavorable move. The main advantage of using a stop-loss order is you don't need to check your holdings every day. Well, most of the investors are benefited by using a stop-loss order.
5. Monitor your position
After placing your trade, always check your open positions (including any stop orders or book profit orders) to identify your real-time profit or loss. One thing to note that losses can exceed your deposits.
6. Close your position
Well, if your trade does not stop automatically or stop as a result of the start of the profit order, close your trade when you are ready.
7. Robo advisor
Robo-advisors (robo-advisors, robo-advisers) There are digital platforms which provide automated, algorithm-driven investment services, with no requirements of human supervision. A typical robo-advisor collects information from customers about their financial situation and future goals through an online survey and then provides advice to access data and automatically invest customer assets. The best robo-advisors offer easy account setup, strong target planning, account services, portfolio management, and security features, attentive customer service, comprehensive education, and lower fees.
Benefits of Commodity Trading
Trade influential markets
Commodity account opening online can provide you access to popular metals, energy and agricultural
Improve your trading potential
Same like currency Also, commodities enable you to speculate in both rising and falling markets.
Broaden your trading opportunities
Speculation in new markets and defense against inflation.
Benefit from zero commissions
Trade commodities with no commissions and enjoy margins at 1%.
A way to get a feel for the commodity market to see their moves over a period of time so you can experience things that happen and understand what changes prices like. And when you start trading, it is always sensible to start with small amounts and use risk management orders.
