MCX Commodities are a great and huge source of profit from Indian commodities traders the MCX and NCDEX. There are various commodities being traded on these exchanges ranging from Gold, Silver, Copper, Crude, Nickel, Aluminum, Zinc, Lead, and many more agricultural commodities. Thousands of traders are trading in the volatile and dynamic commodities markets. Some make profits and some end up making losses regularly. With the volumes on Indian Commodities markets increasing day by day they have made some great achievement in terms of volume and the number of contracts being traded.
Commodity refers to any physical goods in which people have trading interest and are willing to trade on regular basis with sufficient volumes. Majorly we can classify these commodities into : - Agro (Agricultural Commodities – Guar, Potato, Mustard, Barley , Castor Seeds, Coffee etc ), Precious Metals / Bullion ( Gold, Silver, Platinum) , Base Metals ( Copper, Nickel, Zinc etc) and Energy (Crude Oil, Heating Oil, Natural Gas). In India apart from the above mentioned commodities many more are traded. The trading is done on Multi Commodities Exchange (MCX) and National Commodities and Derivatives Exchange Ltd. (NCDEX) through an electronic exchange form. There is no compulsion to take or given delivery of the commodity in physical form for the trade done in these exchanges. Any person can trade in commodities via network of brokers which are registered with the exchanges and perform as an intermediary between the client and the other party. The trade takes place completely in electronic form with no interaction between the parties.