Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Tuesday, July 8
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Commodities»Zerodha users can now trade commodities using existing equity accounts. Step-by-step guide to activate commodity segment
    Commodities

    Zerodha users can now trade commodities using existing equity accounts. Step-by-step guide to activate commodity segment

    July 18, 20242 Mins Read


    Zerodha users can now trade commodities using their existing equity account balance, without the need of maintaining a separate commodity account, Founder and CEO Nithin Kamath said. In a post on X, Kamath said this was a “legacy issue” that took the company a long time to address.

    He also informed that with Zerodha Broking as primary membership, users can trade in both equity and commodity segments. The company has also started allowing customers to move to Zerodha Broking even if they were trading commodities.

    Moreover, as part of this process, the company is also surrendering the Zerodha Commodities Pvt Ltd license on exchanges where it was not active, i.e., the NSE. The clients can trade NSE commodities using the same equity account.


    What are the changes?

    Earlier, equity accounts were opened under Zerodha Broking Ltd., while commodity accounts were managed under Zerodha Commodities Ltd. Thus, clients were required to deposit funds into each account separately. They could not use funds from their equity account to trade in commodities and vice versa.

    However, with the introduction of a single ledger facility, Zerodha clients can trade equities and commodities seamlessly using funds in the equity segment under Zerodha Broking Ltd.

    Here are steps on how to trade Commodities with your Equity Account:

    Activating Commodity Segment:

    If you have not opened a commodity account with Zerodha, you can activate the commodity segment, and a new commodity account will be opened under Zerodha Broking Ltd.

    For clients with an existing commodity account, activating the commodity segment from the Console will deactivate their existing account, and a new commodity account will be opened under Zerodha Broking Ltd. They must ensure that all existing MCX positions are closed first.

    Steps to activate Commodity segment:

    • Open Kite app
    • Tap on User ID and go to Profile
    • Select Segments and then ‘Commodity’ and click on Continue
    • Select Gross income, Trading experience and Commodity trade classification
    • Upload income proof or select holdings statement
    • Tap on the undertaking and select mobile or email for OTP
    • Tap on Continue, enter the OTP and verify

    Upon verification, the commodity segment will be activated within 72 hours.




    Topics You May Be Interested In



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleCapital One offers $265B benefit plan to appease regulators for its planned purchase of Discover
    Next Article How To Check Aelea Commodities IPO Allotment Status

    Related Posts

    Commodities

    DPM Dar reviews domestic situation of essential commodities, food items

    July 7, 2025
    Commodities

    Multi Commodities Exchange to launch electricity futures on July 10

    July 4, 2025
    Commodities

    CAD holds gains through upper 1.35s – Scotiabank

    July 3, 2025
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Utilities

    MISO, TVA to sell ‘emergency energy’ under proposed agreement

    October 25, 2024
    Property

    Analysis-China tries to hit more birds with one stone in property rescue push

    July 16, 2024
    Bitcoin

    Bitcoin Longs Worth $1.32 bln at Risk if Price Dips Below $59,000

    August 10, 2024
    What's Hot

    Political firestorm erupts after Texas utility fails to keep lights on

    August 23, 2024

    Dow, S&P 500, Nasdaq futures wobble with ADP jobs data, trade deals in focus

    July 2, 2025

    la finance durable peut-elle encore séduire les épargnants ?

    April 2, 2025
    Most Popular

    dips to $63k as geopolitical risks dent sentiment By Investing.com

    August 27, 2024

    S&P/TSX composite up almost 250 points Tuesday, U.S. markets also rise

    July 16, 2024

    Bitcoin: BTC pourrait chuter à 100 000 $ au milieu du combat Trump-Musk

    June 6, 2025
    Editor's Picks

    Farmer sentiment held up in July despite soft commodity prices

    August 7, 2024

    Le prix du Bitcoin (BTC) signe sa pire année post-halving

    April 23, 2025

    Un accès à l’univers Bitcoin sans compromis

    May 26, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2025 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.