COMEX (Commodity Exchange) is a division of the New York Mercantile Exchange (NYMEX) and is one of the world’s major markets for trading metals such as gold, silver, copper, and aluminum.

Futures contracts on COMEX involve agreeing to buy or sell a specific quantity of a commodity at a future date. The price is fixed at the time of the contract, but the actual exchange happens at the contract’s expiration.

At Trade Bazaar, you can start trading with a minimum margin of Rs.500 that’s typically a small percentage of the total contract value.

Margin trading allows you to trade larger positions with a smaller amount of money. When trading on COMEX, you only need to deposit a fraction of the total trade value, known as the margin, with the rest being leveraged by the broker.

COMEX trading typically runs from Sunday evening to Friday afternoon, with a break each day. The exact hours can vary, but generally, the market is open 23 hours a day, allowing for almost round-the-clock trading.

At Trade Bazaar, we charge Zero commission for each trade. Additionally, we don’t charge fees like spread costs or overnight financing charges.

The prices of commodities on COMEX can be influenced by various factors, including global supply and demand, geopolitical events, economic data, and currency fluctuations.

Before you start trading on COMEX, it’s important to understand the market, the specific commodities you’re interested in, and the risks involved. Trade Bazaar provides educational materials and a demo account to help you learn without risking real money.

Yes, Trade Bazaar allows you to trade COMEX futures with leverage, enabling you to control a larger position with a smaller amount of capital. However, it’s essential to understand how leverage works and the potential risks involved.