“Zerodha Broking is our primary membership, and Zerodha Commodities Pvt Ltd is the commodity member. We have started allowing customers to move to Zerodha Broking even if they are trading commodities,” the tweet further said.
“As part of this process, we are also surrendering the Zerodha Commodities Pvt Ltd license on exchanges where we weren’t active, i.e., the NSE. You can trade NSE commodities as well using the same equity account. Since we are surrendering the commodity license under Zerodha Commodities Pvt Ltd, you would have seen a notice in the paper,” the tweet added.
Here’s how to trade commodities using equity account balance? how
To activate the commodity segment, follow these steps:
Step 1: Tap on User ID.
Step 2: Tap on Profile.
Step 3: Tap on Segments.
Step 4: Tap on Commodity and tap on Continue.
Step 5: Select Gross income, Trading experience and Commodity trade classification.
Step 6: Upload income proof or select holdings statement as income proof.
Step 7: Tap on the undertaking and select mobile or email for OTP.
Step 8: Tap on Continue, enter the OTP and tap on Verify.
The discount broker was in the news recently after multiple Zerodha users took to social media to complain about tech glitches related to placed orders. While the broker updated that the glitch has been fixed, investors expressed their anger on social media. It was not the first time Zerodha saw such a glitch. Earlier in June this year, the broker had seen a technical glitch related to orders placement.
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