Commodities are a separate segment that you have to get activated in Zerodha in order to trade in them. Once you submit some basic documents such as your income proof or salary slip, it will get activated. After that, you can buy or sell any commodity on Zerodha.
Commodities are completely a different asset class when it comes to trading and investing. Retail investors don’t usually invest in commodities like Natural Gas, Gold, Silver, etc. Therefore commodities are used for intraday or positional trading.
Let’s look at how to buy commodities in Zerodha.
Before we find out how to buy commodities in Zerodha, let us look at some important points to consider:
Some Important Points to consider:
Once you have completed these two steps successfully, you can buy any commodity on Zerodha by following these steps.
After this, enter the price at which you want to order to get executed in the Limit order section. If you want to buy it at the current price then select market order.
By following these steps you can buy any commodities in Zerodha. In case you buy Futures or options of commodities, make sure to square off these positions before the last expiry of the month to prevent physical delivery. The same applies to Long or Short positions in any commodities. Also, try to keep at least 20% more margin money due to the current guidelines of SEBI related to peak-margin money requirements.
How to enable Commodity Segment in Zerodha? Activate Account You want to enable commodity segment in Zerodha, but wondering how it's done. Here we'll discuss ways to activate the commodity segment in your Zerodha account and open a new Commodity account with the leading discount broker in India.
Can I automate my trading with Zerodha Streak? Streak is an online Options trading platform that helps Derivative traders to, create, backtest and deploy their own option strategies in the live market. Streak also provides Algo trading to its users without the need for any coding. This automates the process of trading to a large extent.
Does Zerodha provide Virtual Trading? No, Zerodha does not offer a virtual trading platform to its clients. However, if you want to access simulated trading, there is a platform called "Streak", a partner of Zerodha. Zerodha's trading platform is primarily aimed at engaged market participants.
How to withdraw money from Zerodha Trading Account? To withdraw money from your Zerodha trading account, you need to place a withdrawal request by logging into Zerodha Console. Withdrawal of money is completely free. As per regulations, the withdrawal money will be credited only to the bank account which is mapped with Zerodha.
Is Zerodha Streak free? Algo Trading Platform Zerodha Streak was launched; it was completely free, but not anymore. Right now, you need to pay a fee for using the Zerodha Streak.
How to buy Sovereign Gold Bond online with Zerodha? Sovereign Gold Bonds can be bought from Zerodha either from the secondary market where it gets listed after 10-15 days of issue or from the primary market through "Coin" (Coin is a platform of Zerodha used for buying and selling government securities) at the time of issue. The minimum quantity is 1 gram or 1 unit of the SGB and the maximum is 4kg or 4000 units for an individual.
How to apply IPO in Zerodha? Buy IPO Online If you are a Zerodha customer, you can apply for IPO online through Zerodha Console (Zerodha Back-office). The process for applying an IPO process has been explained in detail above. Here are few other answers to important queries that you may want to learn.
Is Zerodha Safe and Reliable Stock Broker for Trading? A quick answer to this: Yes, Zerodha is a safe and reliable stock broker for trading and long term investment. You might have heard and read so much about Zerodha, a leading and one of the best discount broker in India. It's just amazing to know about their huge customer base and fast growing company. **Do you ever feel that Is Zerodha safe and reliable stock broker for trading and long term investment?
What are advantages of opening Demat and Trading account with Zerodha? Zerodha was incorporated in the year 2010 by Nitin Kamath, an entrepreneur. The idea behind the firm was to offer high quality services to a huge chunk of population at low cost, and Zerodha is very well known as pioneer of discount model in India.
How to buy Sovereign Gold Bonds online Zerodha? Gold is a great investment that acts as a store of value and also as a hedge from inflation. Investing in SGB is the best way to invest in Gold. You can buy these Bonds from Zerodha easily by following some simple steps.