Zerodha Commodity Account Charges
More on Commodity Trading
Commodity trading has been gaining momentum in the stock market recently. The reason being the good profits and also people moving away from the cliche investment options. So, if you want to open a Zerodha commodity account, then you should be aware of the Zerodha commodity account charges.
Just like you need an equity account when you want to trade in that segment, you need a commodity trading account to trade in the commodity segment. Your stockbrokers should be registered with commodity trading exchanges (MCX, NCDEX) to be eligible for the commodity segment.
Let us have a look at what are the Zerodha commodity account charges.
Zerodha Commodity Account Opening Charges
Whenever you open an account, you need to pay some charges to the stockbrokers. This is the same case with the Zerodha commodity account opening as well.
Zerodha gives you an option to open your commodity trading account either offline or online. The charges levied in both cases are different.
You need to open a Zerodha demat and trading account and then you can activate the commodity segment.
If you open the commodity trading account online, you need to pay ₹100 on top of the ₹200 opening charges of the demat and trading account.
Just in case, the online opening account is not compatible with you, you can also open the account offline. For this, you need to pay ₹200 and your account with be activated.
If you have paid ₹300 at the beginning of the Zerodha account opening process, but haven’t activated the commodity segment, then you don’t have to pay any extra cost on activation later.
You can simply go on the activated segment, and within 48 hours you can also start the trading.
Zerodha Commodity Account AMC Charges
Zerodha also charges some account maintenance charges for the commodity trading account. Although there are no AMC charges for the commodity trading account, since you are availing of the facilities of the demat account and trading account, you need to pay the account maintenance charges as well.
The AMC charges for the same are given below:
Opening a Zerodha commodity account is an essential step if you are venturing into commodity trading. You need to pay the opening charges and also the AMC charges for the proper functioning of your account.
If you want to start commodity trading, then open your demat account today: