Commodity Account Opening

A Client wishing to trade through us shall open an account after signing a Risk Disclosure Document, Client Registration Form (KYC: Know Your Clients) and Client Member Agreement. Client shall be allotted a uniquely exclusive Client code.

DOCUMENTS PRESCRIBED AS PER THE KYC NORMS

FOR INDIVIDUAL CONSTITUENTS:

Address Proof - self attested
Proof of Bank Account Number - self attested
ID Proof - self attested
Self certified photo copy of the PAN Card

FOR NON-INDIVIDUAL CONSTITUENTS:

Address Proof - self attested
Proof of Bank Account Number - self attested
Copy of latest Annual Report - self
Proof of date of incorporation, - self attested
Copy of Memorandum of Association & Articles of Association
Copy of Partnership Deed - self attested

Board Resolution authorizing the company officials to execute all the deeds / operations with the Exchange on behalf of the company,

Letter of Partnership firm (letterhead) authorizing partners to execute all the deeds / operations with the Exchange on behalf of firm.

Self certified photo copy of the PAN Card

One passport size photograph - self attested

Permanent Account Number - self attested

Address, Identity and signature proof - self attested

CHARGES AND FEES:

Account opening charges of Rs.500\-
Brokerage fees 0.6% on value traded
Exchange transaction fees of Rs.4 per lack -0.0004%on value traded
Service tax - 12.36% is applicable on the brokerage

BANKING:

For efficient clearing, settlement and guarantee system. We have Clearing and Settlement system with HDFC Bank & ICICI BANK as our Clearing Bank.

SERVICES:

Contract notes, statements showing Mark to Market Billing, the Margin amount, Brokerage, number of lots traded, number of open and liquidated positions will be sent by e-mail to the client.

Online Trading is provided for instantaneous execution of trades. Online news, views, charts and useful information will be given from time to time.

Analysis, predictions and recommendations will be given from time to time. Advance software assistance for technical analysis.

Training and educating clients from time to time.

We are using TELEQUOTE - No.1 Technical Software - Datas & Charts available from

MCX - NCDEX - FOREX - NYMEX - COMEX - LME & CRUDE OIL INVENTORY -



WITHDRAWALS:

All withdrawals shall be honored within third business days by means of account payee cheques from the date of submission of the signed withdrawal slip or through personalized mail.