Base Metals

Base Metal Overview

Trade Base Metal Online

Base metals are extensively utilized in commercial as well as industrial applications. They are found aplenty in nature and hence more than precious metals like gold, silver, and platinum. Base metals comprise of aluminium, copper, lead, nickel as well as zinc.

Look into our unbeatable base metal trading solutions

Base metals are common metals that will inherently oxidize, erode or tarnish. Gill Broking’s base metals trading includes copper, lead, nickel, and zinc. These metals are utilized to make products such as copper pipes or to make alloys such as nichrome – which is an alloy of nickel and chromium.

Base metals like copper, aluminum and zinc are some of the world’s most continually traded commodities. With so many pressures carrying down on the base metals market, win-win consequences for negotiations depend on the depth and breadth of your knowledge of the market.

Gill Broking trades in such base metals as copper, aluminum, lead, zinc,and nickel across the financial hubs of India. We aim to provide a vertically
integrated platform that promotes our partners to gain access to the physical
metal as well as market insights.

Our team at Gill Broking is committed to the trading of all base metals and is fully integrated within our various activities all over India. 

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Trading Base Metals

There are 2 major ways through which risk in the market of base metals can be managed: by trading futures and options, or through over the counter forwards trading. We at Gill Broking cover a broad range of products in our base metals futures and options.

Futures contracts are unvarying contracts for the acquisition and sale of physical commodities for future deliverance on a synchronized commodity futures exchange.

Forward contracts are modified contracts between 2 parties to purchase or sell commodities at a particular price on a future date as well as are privately negotiated and traded OTC.

As societies expand their demand for metal rises depending on their present economic position or otherwise known as ‘National Economic Growth Factor’. Gill Broking renders MCX suggestions in base metals. Intraday commodity news is also provided. Gill Broking, in addition, obtains appropriate information for metals. All base metals are mostly traded by dealers, traders, but the most important consequence on the prices is dependent on the prices on worldwide stock exchanges like NASDAQ, LSE etc. So it is indispensable to be acquainted with the figures once you hold a position.

Gill Broking blends its know-how in commodity risk management, and economic research to allow its clients to expansively manage contact to commodity price instability.

The factors that affect the Market

Fixation of Metals prices in India is done on the basis of the rates that prevail in the international spot market, as well as the exchange rates of the Indian Rupee and US Dollar.
The growth of industries in a country, financial crisis at the global level, inflation and recession are economic events which affect metal prices.
Commodity-related occurrences like the building of new production amenities or processes, new functions or the discontinuation of historical uses, unforeseen mine or plant shutting down due to natural disaster, supply disruption, accident, strike, etc, or industry reformation, all influence metal prices.
Implementation or abatement of taxes, penalties, plus quotas is trade policies that are set by Government which also influence the supply as they control material flow.
Geopolitical occurrences or economic changes, as well as armed disagreement, can result in major changes.

• Beware of fixed/guaranteed/regular returns/ capital protection schemes. Brokers or their authorized persons or any of their associates are not authorized to offer fixed/guaranteed/regular returns/ capital protection on your investment or authorized to enter into any loan agreement with you to pay interest on the funds offered by you. Please note that in case of default of a member claim for funds or securities given to the broker under any arrangement/ agreement of indicative return will not be accepted by the relevant Committee of the Exchange as per the approved norms.
• Ensure that pay-out of funds/securities is received in your account within 1 working day from the date of pay-out.
• Be careful while executing the PoA (Power of Attorney) – specify all the rights that the stock broker can exercise and timeframe for which PoA is valid. It may be noted that PoA is not a mandatory requirement as per SEBI / Exchanges.
• Register for online applications viz Speed-e and Easiest provided by Depositories for online delivery of securities as an alternative to PoA.

• Do not keep funds idle with the Stock Broker. Please note that your stock broker has to return the credit balance lying with them, within three working days in case you have not done any transaction within last 30 calendar days. Please note that in case of default of a Member, claim for funds and securities, without any transaction on the exchange will not be accepted by the relevant Committee of the Exchange as per the approved norms.

• Check the frequency of accounts settlement opted for. If you have opted for running account, please ensure that your broker settles your account and, in any case, not later than once in 90 days (or 30 days if you have opted for 30 days settlement). In case of declaration of trading member as defaulter, the claims of clients against such defaulter member would be subject to norms for eligibility of claims for compensation from IPF to the clients of the defaulter member. These norms are available on Exchange website at following link: NSE, MCX

• Brokers are not permitted to accept transfer of securities as margin. Securities offered as margin/ collateral MUST remain in the account of the client and can be pledged to the broker only by way of ‘margin pledge’, created in the Depository system. Clients are not permitted to place any securities with the broker or associate of the broker or authorized person of the broker for any reason. Broker can take securities belonging to clients only for settlement of securities sold by the client.

• Always keep your contact details viz. Mobile number/Email ID updated with the stock broker. Email and mobile number is mandatory and you must provide the same to your broker for updation in Exchange records. You must immediately take up the matter with Stock Broker/Exchange if you are not receiving the messages from Exchange/Depositories regularly.

• Don’t ignore any emails/SMSs received from the Exchange for trades done by you. Verify the same with the Contract notes/Statement of accounts received from your broker and report discrepancy, if any, to your broker in writing immediately and if the Stock Broker does not respond, please take this up with the Exchange/Depositories forthwith.

• Check messages sent by Exchanges on a weekly basis regarding funds and securities balances reported by the trading member, compare it with the weekly statement of account sent by broker and immediately raise a concern to the exchange if you notice a discrepancy.

• Please do not transfer funds, for the purposes of trading to anyone, including an authorized person or an associate of the broker, other than a SEBI registered Stock broker.

• Do not deal with unregistered intermediaries (who are not registered with SEBI/Exchanges).

Names and contact details of all Key Managerial Personnel including Compliance Officer

Sr. No.Name of the IndividualDesignationContact NumbersEmail Id
1 Charanpreet GillCEO/
2 Charanpreet GillWhole Time
3 Charanpreet GillCompliance
4Manpriya GillDesignated
5Kewal GillDesignated

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