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The full-service commodity broker in India offers commodity trading, research and advisory services. Customers can trade in commodity contracts at MCX and NCDEX exchanges.
The commodity trading brokers in India are classified into two categories:
Unlike a commodities discount broker, the full-service broker offers online as well as offline trading through a network of branch and franchise offices. If you are looking for the best MCX commodity broker in India, then compare brokers below and find the best suitable broker for your trading needs.
The full-service commodity broker fees range from 0.03% to 0.05% of the transaction value. Some broker also charges a flat per trade (i.e. Flat ?25 per trade Angel One) commodity brokerage fees for online commodity trading.
Below is the list of the best commodity broker in India offering full-service to customers.
Rank | Broker | Brokerage | Active Clients | Request Callback | Review | Compare |
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1 | ICICIdirect | Rs 20 per order | 2,686,765 | Open Account ![]() | ![]() | |
2 | Kotak Securities | Delivery: Rs 20 per trade | Intraday: Free | 1,056,932 | Open Account ![]() | ![]() | |
3 | Motilal Oswal | 0.02% | 900,242 | ![]() | ||
4 | Sharekhan | 0.03% | 749,880 | Open Account ![]() | ![]() | |
5 | IIFL Securities | Rs 20 per order | 719,141 | Open Account ![]() | ![]() | |
6 | AxisDirect | 0.03% | 389,282 | ![]() | ||
7 | Anand Rathi | 0.03% | 107,378 | Open Account ![]() | ![]() | |
8 | Aditya Birla Money | 0.03% | 66,836 | ![]() |
Subject | Full-service Broker | Discount Broker |
---|---|---|
Online Trading |
Yes |
Yes |
Offline Trading (local branch office) |
Yes |
No |
Trading Tips and Research |
Yes |
No |
Relationship Manager |
Yes |
No |
Personalized support & services |
Yes |
No |
Call & Trade |
Yes |
Yes (at additional cost) |
Brokerage |
High (Usually in % of the transaction) |
Low (flat fee per trade) |
Trading Software |
Free Mobile, Web and Exe Terminal |
Free Mobile, Web and Exe Terminal |
FREE Account Opening (₹0)
FREE Intraday Trading (Eq, F&O)
30 days brokerage free trading
Free - Relationship Manager
Free - Classroom Training
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