Trading commodity futures on MCX
Practise MCX commodity futures — go long or short on Crude Oil, Gold, Silver and more with virtual margin. Here's how.
A commodity future is a contract to buy or sell a commodity at a set lot size — you go long to profit from a rise or short to profit from a fall, with margin blocked instead of full value. It's the most direct way to trade a commodity's move.
How to trade a commodity future
- Open Commodities and select a commodity.
- In the Futures tab, choose the contract (e.g. Crude Oil current month).
- Buy to go long or Sell to go short.
- Set lots and confirm — margin is blocked; track live P&L in Positions.
Futures vs options
- Futures: simple 1:1 with the commodity, no premium/decay, higher margin.
- Options: premium + strike + expiry, defined risk when buying.
FAQ
How much margin does a commodity future need?
A percentage of contract value is blocked (virtual), released when you close — like a real broker.
Can I short commodity futures?
Yes — Sell to open a short and profit if the price falls.
What are the trading hours?
MCX runs roughly 9:00 AM to 11:30 PM IST.