MCX Trading – A Good Investment Option to Better Return
As BSE or NSE shares of the companies are traded similarly at MCX (Multi Commodity Exchange) or NCDEX (National Commodity and Derivative Exchange) commodities are traded. MCX was set up in Nov. 2003 under FMC which was merged with SEBI and now comes under the regulatory preview of SEBI. One can start commodity trading with a low amount as INR 5000/-. Since you will be investing your time and capital it is better to start with around INR 50,000/- in your pocket. It is a sufficient amount for beginners to start trading. Before we move further let me tell you not to trade with borrowed money, trade with the surplus amount so that even if you lose it should not make any dent in your financial standing. Remember that your invested capital will be at risk and there is no guarantee that you will only profit from it. Investing in commodities without understanding is a risk and a bad idea to lose hard earned money. So first understand what commodities...