You can now use margin received from pledging securities to trade Commodity F&O on both, MCX and NSE.

What is pledging?

If you are holding stocks, mutual funds, ETFs, and bonds in your demat account, these securities can be pledged as collateral margin, which can be used for equity intraday trading, trading futures, writing options, and now commodity F&O trading.

Watch our video guide on pledging securities here.

At Zerodha, we provide a single ledger facility that allows you to trade in both equity and commodity segments (MCX and NSE Commodity) using the same funds in your trading account. To enable this facility on the Kite app, follow the steps below:

1. Tap on Profile and then on Segments.
2. Tap on Commodity and tap on Continue.
3. Select Gross income, Trading experience and Commodity trade classification.
4. Upload income proof or select holdings statement as income proof.
5. Tap on the undertaking and select mobile or email for OTP.
6. Tap on Continue, enter the OTP and tap on Verify.

You can also follow our step-by-step video on activating the single ledger here.