Yes, trading in F&O, Currency, or Commodity requires segment activation with proper documentation like income proof. Equity trading does not require income proof.
Here, you trade in physical or non-physical commodities like gold, silver, crude oil, natural gas, agricultural products, etc., using futures or options contracts on exchanges like MCX or NCDEX.
This allows you to trade in currency pairs like USD/INR, EUR/INR, JPY/INR, etc.It’s ideal for those who want to hedge forex exposure or take advantage of exchange rate movements.