To open the commodities trading account, click here.
The account opening forms are available at our branch offices and with our business associates. You are requested to kindly contact a branch nearby your area and complete the account opening formalities for commodities trading at the branches.
Also you can take a print out and fill out a simple account opening form from our website and complete the necessary documentation as per the checklist enclosed in the form. The form after duly filled up may be deposited at the nearest Karvy Branch or Associate along with a cheque/DD favouring “Karvy Comtrade Limited” payable at Hyderabad towards initial margin.
Please remember the Member-Client agreement has to be executed on a non-judicial stamp paper, as per the applicable by the ‘Stamp Duty Act’ of the relevant state.
- Deposit Initial Margin:
You need to deposit an initial upfront margin as specified by the exchange (usually between 5-10% of the contract value).The cheque/DD should be in favour of “Karvy Comtrade Limited”
- Mark to Market Margin:
In addition to initial margin, you also need to keep a mark to market margin for taking care of the adverse price movements, if any.
- Duly filled up Client Registration form may be sent to the address below or to any nearby Karvy branch:
Karvy Comtrade Limited
46, Avenue 4, Street No. 1,
Banjara Hills,
Hyderabad – 500 034.
Andhra Pradesh.
For any further assistance, please contact us at commodity@karvy.com
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