Which are the major commodity exchanges in India?

Although there are 24 commodity exchanges in India.There are three national level commodity exchanges to trade in all permitted commodities. They are: 1) Multi Commodity Exchange of India Ltd, Mumbai (MCX) 2) National Commodity and Derivative Exchange, Mumbai (NCDEX) 3) National Multi Commodity Exchange of India Ltd, Ahmedabad (NMCE) Note: Trade Smart Online provides online […]

Read More

What are the account opening charges for commodities?

The account opening charges are Rs 200 for MCX and NCDEX. An additional Rs 100 will be applicable in case the form is couriered from our end.

Read More

NEST User: Fund Transfer into Commodity Trading Account

The following mode of transfer could be used by NEST users for fund transfer into their Commodity Trading Account. 1. NEST Instant Transfer NEST Instant Transfer is one of the quickest payment methods you could use to deposit funds from your bank account directly into your NEST trading account. Using this method you will get an […]

Read More

NEST User: Fund Transfer into EQUITY, F&O and Currency Trading Account

The following mode of transfer could be used by NEST users for fund transfer into Equity, F&O and Currency Trading Account. 1. NEST Instant Transfer NEST Instant Transfer is one of the quickest payment methods you could use to deposit funds from your bank account directly into your NEST trading account. Using this method you will get […]

Read More

How can I change my bank account details?

Please send us the physical copy of the following documents: Account modification form Signed cancelled cheque of the new bank account This cheque should have your Name, IFSC Code & MICR No. printed on it. However, if the cheque does not have the above details printed on it, then please send us your recent (within last 3 months) bank […]

Read More

Can I add another Bank account to my trading account?

Yes you can. Please submit to us a cancelled cheque of that particular Bank or e-mail us the scanned copy of cancelled cheque. This cheque should have your Name, IFSC Code & MICR No. printed on it. If the cheque does not have the above details printed on it then please send us your recent […]

Read More

Can a minor open trading Demat account

a) Demat account can be opened in the name of a minor child by the natural guardian (parents) or court-appointed guardians only. b) The guardian needs to fulfill all requirements for documents and KYC norms to open the account in the name of the minor. c) A minor cannot be a joint holder in a […]

Read More