What is MCX
The Multi Commodity Exchange of India (MCX) is a premier exchange that facilitates the online trading of commodity derivatives. It is one of India’s most liquid and widely used commodity exchanges, offering a platform for traders to buy and sell contracts in various commodities such as metals, energy, and agricultural products.
Why Trade MCX with BazaarFx?
Trade in Commodity Futures
Buy and sell Metals, Base Metals & Energies at a future date with contracts that have a specific expiry.
Trade in Commodity Options
Options trading gives you the right, but not the obligation, to buy or sell commodities. Choose between futures and options based on your risk appetite and investment goals.
Zero Commission
We offer a zero-commission trading environment, ensuring that you can trade any without incurring fees. This reflects our commitment to delivering the best trading solutions.
500X Margin
Trade with mini lots, reducing exposure and risk, ideal for managing small account strategies.
Raw Spreads
Trade with mini lots, reducing exposure and risk, ideal for managing small account strategies.
24x7 Support in 8+ Languages
Our customer support team is available 24/7 in Hindi, Marathi, Gujarati, Tamil, Kannada, Telugu, Malayalam, and English.
Trade in 0.10 Lots
BazaarFx clients receive free access to our comprehensive trading courses.
Trade in National Stock Exchange - NSE
| GOLD MCX |
| SILVER MCX |
| ALUMINIUM MCX | COPPER MCX |
| LEAD MCX | ZINC MCX |
| NATURALGAS MCX |
| CRUDEOIL MCX |
How Margin works?
100 shares of Reliance at 1990*
Other Broker
Rs.1,99,000
With BazaarFX
Intraday Margin 500X
Rs.398
Holding Margin 150X
Rs.3316
*Above values are for illustration purpose only, current market rates are applied while trading
Frequently Asked Questions
What types of commodities can I trade on MCX?
On MCX, you can trade in a variety of commodities, including:
Metals: Gold, Silver, Copper, Zinc, Lead, Nickel, and Aluminum
Energy: Crude Oil, Natural Gas
How does trading in commodity futures work on MCX?
When you trade commodity futures on MCX, you are entering into a contract to buy or sell a specific quantity of a commodity at a predetermined price on a future date. These contracts come with an expiry date, after which they must be settled.
What is commodity options trading on MCX?
Commodity options trading on MCX gives you the right, but not the obligation, to buy or sell a commodity at a specified price before the contract expires. This allows you to manage risk while taking advantage of price movements.
What are the trading hours for MCX?
At BazaarFx, you can start trading with a minimum margin of Rs.500 that’s typically a small percentage of the total contract value.