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National Commodity Clearing Limited (NCCL) is a wholly owned subsidiary of the National Commodity Derivatives Exchange Ltd. (NCDEX) which is Indias leading agri-commodity exchange.
5 Essential Steps For Traders To Start Commodity Trading Step 1 - Getting Familiar About The Commodity Trading Exchanges. Step 2 Selecting the Efficient Stockbroker. Step 3 Opening The Commodity Trading Account. Step 4 - Making An Initial Deposit. Step 5 Create A Trading Plan.
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NCDEX full form is National Commodity and Derivatives Exchange. It leads in agricultural commodities trading, and you can leverage it to earn profits while trading in Indian agriculture products.
Trading in NCDEX is simple. You need to have a commodity trading account with a trusted stock broker who is registered with NCDEX. Once you open the account, link it to your Demat account and start trading.

People also ask

National Commodity Derivatives Exchange Limited (NCDEX) is a nation-level, technology driven on-line recognised stock exchange with an independent Board of Directors and professional management.
On a specified day, the buyer has to go to the warehouse and clear the stock. The seller who gives physical delivery will have to take the actual goods to an accredited and designated warehouse. These commodities will have to be assayed by the authorized assayer who certifies the quality and value of the goods.
Although both the MCX and the NCDEX are commodity trading platforms, they vary somewhat in terms of the commodities they trade. MCX trades commodities such as silver, gold and other traded metals, but NCDEX gives the highest investment returns through dealing in agricultural goods.

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