To trade in commodity through Zerodha, you need to have a Commodity trading account with Zerodha.
If you already have an Equity trading and Demat account, you need to activate the commodity trading segment through Zerodha Console. Zerodha does not offer only Commodity trading account to clients.
Steps for Zerodha Commodity trading:
- Login to Zerodha Kite
- Add the desired MCX contracts to the market watchlist.
- Select the contract from the watchlist.
- Click - Buy or Sell as required.
- Input the quantity, product type, order type, and validity.
- Swipe to buy or sell.
You need to ensure to have sufficient margin in the Commodity trading account for successful order placement.