Best Commodity Broker in India – List of Top 10 Commodity Brokers


    One of the best ways of investing in commodities is with the help of futures contracts. You can choose best commodity broker in India for your investment. Futures are easily available in each category of the commodity sector. 

    It is basically an agreement for buying or selling a particular quantity of commodities at a fixed price in future time. Trading with commodities includes a high risk for amateur investors. Thus, it is important to choose a reliable & best commodity broker among top 10 commodity brokers in India.

    How to select Best commodity broker in India?

    Selecting the best commodity broker in India is an important part of the investment experience. A vast scope in the market has given employment to a lot of stock brokers. But the experience, as well as credibility, marks the impression of an efficient broker.

    You should select a stock broker wisely on the basis of the offers as well as fee waivers. As compared to stock brokers depending on charges could go futile many times. Before you sign up for the stock broker, you need to check the demo of the media or the app is suggested for beginner investors.

    Depending totally on the stockbroker without any kind of market research might put investors in the loss. You should choose the right certified broker and also understand the whole process to deposit. Below are the Top 10 commodity brokers in India. They offer commodity trading solutions to investors and help them invest their money in commodities.

    List of Top 10 Commodity Brokers in India

    Here we have sorted out some best Commodity Broker in India:-


    best commodity trading companies

    Sharekhan is one of the oldest and one of the best commodity broker in India and Best mcx broker also. Within the commodity broking field, it offers regular recommendations as well as insights to the clients on the basis of the portfolio of the clients. For the traders who are just beginning to trade, it’s a very good broker. It offers different types of hand-holding solutions to the clients in the form of emails, calls and SMS alerts.

    2. Trade Smart Online

    best mcx broker

    The next name in our list of best commodity broker in India is Trader Smart Online. It is popular for its efficient customer service. It offers a leverage of 5 times of intraday in the segment of commodities.

    3. Upstox

    best commodity trading companies

    This is another discount stock broker that is quite popular for its trade platforms. It keeps adding a lot of innovative features. It charges a brokerage fee of Rs. 20 for every executed order. It also offer best commodity trading platform in india.

    4. Aditya Birla

    best commodity brokers

    Aditya Birla is a very old stock broking firm of the country and also one of the top full-service stockbrokers in the segment of commodities. It is surely one of the best commodity broker in India.

    5. Angel Broking

    country’s best commodities housesThe benefit of trading in commodities with Angel Broking is that is present in the industry since 1987. It offers a technology-enabled trading and Demat account and it also offers fundamental and technical research guidance. Therefore, Angel Broking is one of the best broker for commodity trading. And they offer best commodity trading platform in india for traders and investors.

    6. Motilal Oswal 

    best broker for commodity trading

    This is the country’s very first stockbroker and one of best commodity broker in india to offer 100% paperless Demat and trading account to the investors. It has a fully dedicated team that offers customer service and it also offers customs brokerage plan for suiting the risk appetite and needs of the customers. 

    Motilal Oswal offers various trading platforms to their client and they also considered as one of the best commodity trading platform in india.

    7. Prabhudas Lilladhar

    top commodity brokers in india

    PL is known for its research. Its research team comprises of a well-dedicated team of fundamental and technical research, which conducts painstaking research for competing in the market time and again.
    PL commodities market is a regular, full-time and country’s best commodities houses trader of the Multi Commodities Exchange of India Ltd. The team of commodity trading at PL offers guidance to its investors for making wise investment and trading decision in billions, metal, crude oil, etc.

    8. Goodwill

    country’s best commodities houses

    Goodwill was founded in the year 2008 and since then it has evolved as one of the country’s best commodities houses and also the biggest distribution network offering a wide range of investment solutions as well as financial services. It has a customer-driven strategy and foundation which strives for putting the customer first always. It uses innovative and integrated which enables the customers to trade comfortably. The account opening process is absolutely easy with them. Their experts guide the investors for knowledge acquisition, trading as well as training.

    Goodwill provides one of the best commodity trading platform in India. They offer the best technology for enabling the trading processes from anywhere anytime. It also facilitates browser base, mobile trading, etc. It offers a hassle-free, timely support system for the clients. It has custom products which fundamental training and extensive research at all the goodwill branches and webinars.

    9. RMoney

    country’s best commodities houses

    RMoney offers advanced stock trade platforms. You can trade in bullion, Agri, non-agri, metal, etc. at one single screen. You can trade online or through your mobile. It provides exclusive research reports, expert opinions on commodities, technical quotes. You can open an online commodity trade account free of cost. You can enjoy an extremely fast commodity trade platform at a very low brokerage fee.

    10. HDFC Securities

    HDFC securities is the best suitable for traders, who is looking for a platform that solves all their needs at one place. can be your solution. HDFC Securities, one of the best commodity broker in India offers a variety of financial products and services such as stockbroking, mutual funds, insurance, an online platform for trading in equities.

    HDFC Securities allows its clients to perform trading through its browser-based and Mobile App based trading application, they are considered as best commodity trading platform in India. They charge Brokerage of Rs. 23/- per Contract on Futures and 0.50% on equity delivery.

    So, these are the top 10 Commodity Brokers in India.


    Open Free Demat Account with IIFL Securities
    Open Free Demat Account with IIFL Securities
    Open Free Demat Account with IIFL Securities


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