The "NICR Commodity Trader certification course" is designed specifically for the DEALERS / AUTHORISED PERSONS operating on the NCDEX Platform. Dealers can understand the nitty-gritties of the business in great details. This course will upgrade their knowledge about the trading front end software used for trading on the Exchange platform.

Objective of this course is to understand the basic concepts of commodity trading, technical analysis, role played by speculators, arbitragers and hedgers, Exchange trading terminals and also the concepts of settlement.

Become more familiar with physical markets and understand various concepts related to commodity trading. It also dives into the technicalities associated with trade and explain the various strategies that can be adopted. In a nutshell, this course will complete the transaction circle explaining all the steps leading up to the final settlement.

  • The basic of commodity market
  • The different products being traded
  • Price analysis - concept & charts
  • About the Exchange trading software - Nextra
  • Types of margins and Risk management
  • Procedure of addressing Investor grievances
  • Students interested in pursuing a career in financial market
  • Brokers
  • Authorized person
  • Dealers
  • Member personal
  • Per candidate fee for the Certification course is Rs.1500 (Rupees One Thousand Five Hundred only), plus applicable taxes.
  • Any Educational Institution which sponsors bulk applications of minimum 20 candidates from their Institute at one instance, will be eligible for a concessional course fee. To avail this facility, the institute should mail to or with list of candidates and their email IDs.
  • Fees once paid, will not be refunded under any circumstances.
  • After Successful submission of application form and payment, NICR require one day for Payment confirmation.
  • And after payment confirmation, system will send automated notification (email / SMS alert) to the candidate with his application form number and other details.
  • Candidate are required to complete the course and schedule for the Test within six months from the date of payment of the course fee. The Authorize Period is Six month period starts from date of Payment confirmation. It is the maximum period in which candidate has to take test. Candidates are required to complete the course and schedule/take the Test within the maximum six months from the date of payment of the course fee.
  • The Payment / Fees Includes
    1. Course registration fees
    2. Start of Authorize Period ( Max. six month after payment confirmation)
    3. Course study materials consisting the access of online-secured books
    4. User ID and password to access the secured course content
    5. Exam Assessment- Only one attempt
    6. Course Certification- After successful exam
    7. Help Desk access over e-mail
  • This fee does not cover anything other than those listed above. Specifically, it does not cover:
    1. Internet access charges
    2. Provision of PC for free Tutorial on the website
    3. Any coaching for the Certification Course
  • The examination will be an online proctored based exam at your location
  • The candidate has to appear for an examination hosted on the website itself.
  • Candidate can take examination at their convenience. The selected place should be in a walled room, with a closed door and without distractions.
  • Only one complete certification test is permitted to each candidate.
  • Sample Questions Commodity Courses (Click Here)
  • The test will consist of 100 multiple-choice questions to be answered in 120 minutes.
  • There will be no negative marking for wrong answers.
  • To pass the examination, you will need to correctly answer at least 50% of the questions.
  • Candidate is able to see the result immediate after the completion of exam.
  • Those who fail to clear the exam will have to register again as a fresh candidate following the same process. There will be no retake of the Test for the candidates who have scored less than the cut off mark. They have to register again as a fresh candidate following the same process.
  • NICR Instructions for registrations (Click Here)
  • NICR Online Examination Instructions and Policies with Terms and Conditions (Click Here)
  • NICR Online Examination System Requirement with Do and Don't (Click Here)
  • NICR Online Examination At Your Location-Help Video (Click Here)
  • The issuance of certification will be done after verifying the images captured during proctored exam. If images shows any unfair way of examination, the NCDEX Institute of Commodity Markets & Research (NICR) have the all right to cancel candidate certification.
  • The successful candidates can access his/her certificate on the dashboard within a timeframe of a few days after the end of the exam window.
  • Successful candidates will be issued a Certificate by NICR, which will be valid for three years from the date of the examination.
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call us at +91-22-66406789 or Toll Free No: 1800 26 62339.

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