Zerodha Commodity Brokerage

Trading in commodities like crude oil, gold, silver has been made easier with stockbrokers like Zerodha. If you too are looking forward to commodity trading with the broker then here we are with the details of Zerodha commodity brokerage.

To start commodity trading however it is essential to activate the commodity segment.

So if you already have a Zerodha account then activate the commodity segment or can directly open a Zerodha commodity account online using a simple process.

Let us now have a quick look at the brokerage of Zerodha commodity trading.

Zerodha Commodity Brokerage Charges

Zerodha is registered with MCX and NCDEX and therefore allows you to trade in different commodities. You can do crude oil trading in Zerodha and many other commodities as well.

Like all the other segments and brokers, Zerodha also charges brokerage on their trading. Since you can trade commodities only in futures and options, the brokerage is also levied based on that.

You can easily activate your commodity account by paying an additional ₹100. However, if you are opening a new account then the account opening charges for commodity trading in Zerodha is ₹300.

Let us now have a look at the Zerodha brokerage for commodity trading.

 

Let us understand this with the help of an example.

If you traded gold and your total turnover turns out to be around ₹1,00,000, then let’s find how much brokerage the broker imposes upon you.

Calculating 0.03% of 1,00,000
= ₹30.

Since ₹30 is more than ₹20 hence you need to pay the brokerage of ₹20 to execute the trade.

On the other hand, if the turnover is around ₹50,000, then the brokerage as per the range would be equal to ₹15, thus offering you an opportunity to trade more and increasing your overall profit.

Here, if you use call and trade facility to place commodity trade in Kite app, then you need to pay an additional ₹50 per order as call and trade charges in Zerodha.

You can easily check Zerodha brokerage charges in the Console app under Reports or Funds options.

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Zerodha Brokerage Calculator With Stamp Duty

It is often a very difficult task to calculate the brokerages and traders often get confused because of this. If you are someone who faces the same difficulty, then the Zerodha commodity brokerage calculator is the best option for you.

It helps you find out the brokerages effectively so that you can be prepared and there are no hidden or additional costs.

Not only the brokerage but you can also find out the extra charges like the STT charges in Zerodha, transaction charges, that are levied by your broker. Just fill in the required details and you will get the answer.

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Conclusion

It is very important that you should be aware of the Zerodha commodity brokerage charges when you want to start your trading journey in the commodity segment.

Apart from the brokerage charges, it is also essential for you to know that there are some activation charges as well.

You can further take the help of the brokerage calculator just in case you are stuck with the calculation of brokerage.

So why wait for more? Reap the benefit of trade in different segments at the minimal brokerage by opening a demat account with the renowned stockbroker.

 

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