India’s commodity markets have become one of the most dynamic financial segments in Asia. MCX – the country’s largest commodity derivatives exchange, handles more than 98% of commodity futures and over 97% in options trading turnover in the country. From gold and silver to crude oil and natural gas, commodity trading has now started to attract millions of Indian retail traders who are looking to diversify their portfolios and hedge against inflation.
Choosing the right platform is important. Here are the top 10 best commodity trading platforms in India in 2026 based on their features, brokerage, technology, and ease of use.
1. Dhan
Dhan platform stands out among the modern discount brokers. It is specifically designed for active commodity traders. With a dedicated MCX dashboard, free TradingView charting, Flash Trade for instant execution, Super Order (entry + target + stop-loss in one click) and the Custom Strategy Builder for commodity options, Dhan has got every angle covered for commodity trading in Indian financial markets.
On Dhan, brokerage is Rs. 20 per trade for commodity F&O trades, with zero AMC or platform fees. It also offers instant Pledge Margin against 1,450+ stocks, which further helps in capital efficiency for commodity trading.
Bonus: You can you Dhan’s latest DEXT T3 Trading Terminal for trading in commodity markets.
2. Zerodha Kite
Zerodha Kite is India’s largest discount broker by the number of active clients. It provides commodity trading on MCX through its Kite platform. Its recently launched MCX Info Widget brings together expiry dates, lot sizes, OI, PCR and IV data into one view.
Zerodha charges brokerage of Rs. 20 or 0.03% per order for commodity futures trades and Rs. 20 per order for commodity options trades.
3. Angel One
One of the oldest brokerage platforms in India is Angel One. Its ARQ Prime AI engine provides personalised commodity research alerts, daily and weekly research reports to traders, helping them stay ahead of market trends.
With more than 7 million active clients and a Rs. 0 brokerage for the first 30 days for up to Rs. 500, and then Rs. 20 per executed order, it is best suited for beginners in the commodity trading domain.
4. Upstox Pro
Backed by Ratan Tata and Kalaari Capital, Upstox has reached 2.5 million+ active clients. Its Pro platform provides MCX commodity trading with 100+ chart indicators, price alerts in real-time, and universal contract search.
On Upstox, the commodity brokerage is a flat Rs. 20 or 0.05% per executed order(whichever is lower) for commodity futures and Rs. 20 per order for commodity options trades.
5. Fyers One
Fyers is a SEBI-registered member of NSE, BSE, MCX, CDSL, and NSDL. Its platform is known for advanced charting, including 100+ indicators, 15+ chart types, and integrated TradingView. Commodity traders can get access to precious metals and energy contracts through a single margin account.
Fyers One has a brokerage charge of Rs. 20 or 0.03% per executed order(whichever is lower) for commodity futures and Rs. 20 per order for commodity options trades.
6. ICICI Direct
ICICI Direct’s 3-in-1 account, connecting a trading account, demat account and ICICI Bank savings account, removes the need for manual fund transfers, a major convenience for commodity traders.
The platform supports MCX contracts in bullion, metals, and energy segments and offers daily, weekly and monthly research reports on commodities. ICICI Direct has a standard commodity brokerage of Rs. 20 per order.
7. 5Paisa
Backed by IIFL, 5Paisa charges a flat brokerage of Rs. 20 per commodity order across all segments in the MCX, making it one of the most affordable commodity trading platforms. The platform supports commodity futures and options with real-time charting and live MCX data.
8. Motilal Oswal
A full-service powerhouse with 37+ years of robust research and 1,100+ investment advisors, Motilal Oswal offers commodity trading on exchanges such as MCX and NCDEX and provides Trade Guide Signals for commodity trade ideas.
Motilal Oswal offers a multi-asset interface across commodity, equity, and F&O, from a single screen. Motilal Oswal charges 0.02% for futures, Rs. 50 per lot for options and 0.20% for delivery trades.
9. HDFC Securities
Backed by HDFC Bank, HDFC Securities provides commodity derivatives in Bullion, Metals, Energy and Agri segments on MCX. The 3-in-1 account integrates seamlessly with the HDFC Bank account of the trader.
The institutional reliability of the platform, security standards and robust customer support make it ideal for conservative and high-value commodity traders. It charges brokerage of 0.025% or Rs. 20/- per order for futures trade and Rs. 100/- per lot for options trades.
10. Sharekhan
Sharekhan was launched in 2000 and registered on MCX and NCDEX. It provides commodity trading through its Trade Tiger desktop terminal and web/mobile app. It is well-suited to traders who want structured guidance along with commodity execution capability.
It has brokerage charges of 0.02% of transaction value for commodity futures and Rs. 20 per lot for commodity options.
Conclusion
The rise of digital platforms has made Commodity Trading more accessible than ever before in India. Whether you are a beginner or an experienced trader, selecting the right platform depends on individual traders’ needs like cost, tools or research support. Among these, Dhan stands out for its modern interface, integration with TradingView, and trader-focused features, making it an appealing choice for active commodity traders.
