InvestorQ : How do I select the exchange where I should trade? Should I trade in the NCDEX, or MCX or the NSE or BSE, since all of them offer commodity trading?
Katherine Gonsalves made post

How do I select the exchange where I should trade? Should I trade in the NCDEX, or MCX or the NSE or BSE, since all of them offer commodity trading?

Answer
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Mahima Roy answered.
1 year ago


Firstly, NSE and BSE are offering limited contracts as they are just starting off and the volumes are yet to build up on these two exchanges. You can trade on the MCX and NCDEX. Soon you will also be able to trade on the BSE and NSE once they also launch commodities in full earnest. The idea is to focus on the exchange which gives breadth and depth. MCX is strong in non-agri commodities while NCDEX is strong in agri commodities. Prefer exchanges with a track record in the commodity. It is significant for a learner in commodity trading to understand some facts about the well-liked national level exchanges that is available for commodity trading in the India. Breadth and depth are the two important things to check in commodity exchanges.