HDFC Securities on Monday announced the launch of commodity derivatives trading on Multi Commodity Exchange (MCX).
The brokerage is offering free registration for commodity derivatives trading till March 31 to all its customers, MCX said in a statement.
A minimum brokerage of Rs 20 will be levied per order on carry forward or square off trades, it added.
"Our digital platforms are also gearing up to facilitate commodities trading and would be functional very soon," HDFC Securities MD and CEO Dhiraj Relli said.
The association with MCX is an effort to introduce the customers to an alternate asset class for investing where HDFC Securities' relationship managers will be available to help them realise the potential in the commodities market, he said.
MCX Managing Director and CEO Mrugank Paranjape said: "Bank broking subsidiaries represent a great growth potential for the commodities market in India."