• Top Stock Brokers in India ‐ Reviews, Comparison and Offers

Top 10 Commodity Brokers in India

Top 10 Commodity Brokers in India

Commodity Broker is a corporate, Firm or individual who facilitates commodity contracts on behalf of their clients for commission. Commodity contracts include futures, options.MCX (Multi-Commodity Exchange) and NCDEX (National Commodity and Derivative Exchange) are the two major exchanges that offer commodities trading in India

Due to very high volatility in commodity prices, it is high risk and High reward trades. It is of utmost importance that we executed these trades with proper care and with reliable commodity brokers. While selecting a commodity broker you need to keep certain points in mind as mentioned below :

  • Which commodity exchange the broker is associated with like MCX, NCDEX.
  • How many clients does he have, which would give a fair idea of its popularity and customers' experience?
  • Cost of trade: It is important that we choose a broker who provides the best experience at reasonable broking charges.
  • Provides the best of the trading platform, you can check this reading reviews about their trading and mobile platforms.
  • Availability of customer service options like live chat, 24/7 support, email, phone, etc.
Special Offer: Brokerage free equity delivery trading + Flat ₹20 Intra-day and F&O trades. Get the offer

To make your work a little easy, below is the list of the Top 10 commodity brokers and their broking and account opening charges

Top Commodity Brokers in India 2022

Rank Commodity Broker Active Clients Commodity Brokerage Charges

A/c Op. Charges

1 Angel One 3810507 Flat ₹20 per executed order Free
2 Zerodha 1085075 ₹20/trade or 0.03% whichever is lower ₹200 + GST
3 Market Wolf 422310 ₹0 brokerage if loss | 10% of the GP on profitable trade Free
4 Upstox 408018 ₹20 per executed order or 0.05% (whichever is lower) Free
5 IIFL 378209 0.025% Free
6 Alice Blue 296714 Flat Rs.20 per executed order Free
7 Kotak Securities 278681 C/F: Rs 20 per order; Intraday: Free Free
8 5PAISA 263951 Flat ₹20 per executed order ₹300 + GST
9 MOTILAL OSWAL 249793 0.05% (both side) Free
10 Fyers 205072 Flat Rs.20 per executed order Free

Frequently Asked Questions:

User Reviews

Post New Message