It is not that hard to open a commodity trading account in India, all you need is the below 3 essential documents and passport size photo. You can visit any brokerage office directly to open the account or you can call the brokerage company for application and they will send you the application through courier. You need to fill the application, attach the below documents and send them back to brokerage office. Within a day your commodity trading account will be opened with necessary software’s.
The below requirements/documents are needed to open a commodity trading account:
- Bank Account/ Cancelled cheque leaf – Broker company need to register your bank details for fund transfer process.
- PAN CARD,
- Address proof : voter id/ ration card/ driving license/ passport ( Any one in Xerox)
- 1 or 2 passport size photograph
Provide all the above documents with yourself attested along with account opening form, after checking all, your trading account will open within a day or depends on your broker company.