Futures trading agencies exist in most Indian cities and towns, ready to assist everyone wishing to trade in commodities Futures. If you wish to trade, you should open a trading account. Your volume of trade would depend on the amount of the money you have deposited in the trading account as margin. 

Trading hours are specified. You can trade through NMCE Exchange from Monday to Friday between 10 am to 5 pm and also from 5.30 pm to 8.00 pm and on Saturdays from 10 am to 2 pm. In NCDEX the trading hours are Monday to Friday between 10 am to 5 pm but additionally it works from 5.30 pm to 11.55 pm besides working on Saturdays 10 am to 2 pm.Trading hours in MCX is from Monday to Friday between 10 am to 5 pm. It too is open again from 5.30 pm to 11.55 pm, and Saturday from 10 am to 2 pm.

Agency offices would help in trading. You would know the average and price standards of ongoing Futures trading from the computer monitor of the agency offices.

If you, as a client of the agency, want to sell or buy goods, you can do it by just using the computer terminals at the agencies office. You will also get an online confirmation at the terminal itself. If the deal is done, the trading organization will give a contract note within 24 hours.

COMMISSION TO AGENCY

You have to pay a specified amount as brokerage to the Futures trading organization for every deal you perform in the Futures market. If you are keeping goods in the warehouse, you will have to pay a fee and should also pay an insurance premium.

When every deal is done, 6-10 percent of the whole trade value has to be deposited in the dealers account as margin amount depending upon the percentage set by the exchange, which varies from time to time.

For example, a person who has to buy or sell one-ton rubber priced at Rs. 60 per kilo a margin of 6%(i.e. Rs. 3600) should be deposited in his account opened with the member