With the stock markets at an unprecedented low point at the moment, due to the impact of COVID-19 around the world, this may be exactly the right moment to enter the world of commodity trading. If you have been thinking about making a start in trading commodities for some time, but are yet to take the plunge, there may never be a better opportunity to grab some commodities at rock bottom prices while the markets are on their knees.
Perhaps you fear that the setup requirements are very complicated and difficult, when really they are not. Getting started with online commodity trading in India could not be much simpler. As with most things in the year 2020, it can almost all be done online if you have a broker such as GWC INDIA who is set up to provide such a service. Of course visiting a branch is an option, but may not be the most convenient way to open a trading account in India right now due to the lockdown situation.
The first step on the road is to find yourself a commodity trading broker in India. There are many thousands of brokers throughout India, all who offer different levels and quality of services, and a very wide range of prices. Some charge per transaction while some charge a monthly fee. Discussing the pricing plan of the broker is crucial before deciding whether or not they are the best for you. In our opinion, GWC INDIA could be the best commodity trading service provider in India, so it is highly recommended you make a point of checking out the benefits of trading with GWC INDIA before you make your decision of selecting your broker.
To open a commodity trading account in India, you will first need a PAN number, which is something that most working people will already have. Those who do not have one will need to apply for one from the Indian government’s income tax office either through the website https://www.myutiitsl.com/PAN_ONLINE/AAPANApp or by visiting any designated PAN application centre (additional service fees will apply for this method). The PAN number, along with some other proofs including one cancelled cheque from your cheque book, a photographic ID copy (usually a passport or driving licence) and a proof of address such as a bank statement, registered tenancy agreement, or utility bill will need to be seen and kept on file by the broker tasked with opening the account.
If you are looking to get the most from your money, and the best chances of success then GWC India may just be the very company you need to assist you going forward. Apart from their extremely low brokerage charges (some of the very lowest brokerage charges in India), there are a whole range of other benefits of commodity trading with GWC INDIA. To start with, they provide free training for beginners and advanced traders, covering a wide range of topics from basic knowledge to advanced trading strategies. They are flexible, providing multiple ways to do business according to each customer’s individual needs. Orders can be placed by visiting any of GWC INDIA’s over 200 branches and sub-brokers around India, by telephone, or by the new state-of-the-art GWC INDIA mobile trading application. This app is available at no extra cost to all GWC INDIA customers who have a compatible tablet or smartphone. These are just some of the free bonus features you can expect to receive as a customer of GWC INDIA.
GWC INDIA care about your success as a trader. Their friendly and knowledgeable customer service advisors are available to discuss your needs, aspirations, and answer your queries. +91 80122 78000 is the number you need to call to clear the obstacles and doubts in your way, and stop procrastinating. If you don’t do it now, you may never do it, so strike while the iron is hot!