0 Anonymous Asked: August 3, 2020In: Currency Which is the best online commodity broker in India? 0 . commodity broker in india Share Facebook 1 Answer Voted Oldest Recent devangthakkar 0 Questions 40 Answers 0 Best Answers 101 Points View Profile devangthakkar Added an answer on August 3, 2020 at 6:59 am Trading commodities online is a relatively simple process, but it is not an activity that an investor should pursue without doing lots of homework. The transitional method of calling a commodity broker to place orders and waiting for a call back to give a filled order price is less efficient than online trading. If an investor wishes to trade at the commodity market online, they should keep some factors in mind. Deciding on the broker for investing through the commodity market is important as there are some of the traders that specialize in online trading and offer trading platforms with charts, strategy analysis as well as order entry. A lot of online brokers offer an excellent product, good service and low commission rates. Every best commodity broker will require documentation to open an account. This form requires the disclosure of financial information and identifies the risks which are involved in trading commodities. The financial data is critical as the commodities are highly leveraged assets, and there are always chances that investors can lose more money than initially invested. A broker will require a lot of information on the income, net worth and creditworthiness. 0 Reply Share Share Share on Facebook Share on Twitter Share on LinkedIn Share on WhatsApp Leave an answerCancel replyYou must login or register to add a new answer.