1. I don't think VPS has membership of MCX-SX. You need to do trading in NSE CDS segment for currency. There is an ample amount of liquidity in NSE CDS also.
Intraday Margin is 2x in CDS, full margin required for overnight positions.
2. The max cap for currency is 799 per month in the Value Plan. And for MCX commodity it is Rs. 2000/- max cap in the value plan. So you will have a max cap of 2799/- NSE CDS + MCX
If you choose smart plan then both CDS & MCX combined together will have a max cap of Rs. 2000/-
So, If you intend to Trade on CDS & MCX together smart plan will suit you better.
You can't trade using the same margin in both CDS and MCX as it is governed by separate regulators. FMC for Commodity and SEBI + RBI for CDS. Earlier before April 2012 it was permissible to use the same margin to trade in both the segments. So you need to maintain separate funds for commodities and Equity/FNO/CDS. Please note that you can use the same funds for CDS, Cash & FNO.
Intraday Margin is 2x in CDS, full margin required for overnight positions.
2. The max cap for currency is 799 per month in the Value Plan. And for MCX commodity it is Rs. 2000/- max cap in the value plan. So you will have a max cap of 2799/- NSE CDS + MCX
If you choose smart plan then both CDS & MCX combined together will have a max cap of Rs. 2000/-
So, If you intend to Trade on CDS & MCX together smart plan will suit you better.
You can't trade using the same margin in both CDS and MCX as it is governed by separate regulators. FMC for Commodity and SEBI + RBI for CDS. Earlier before April 2012 it was permissible to use the same margin to trade in both the segments. So you need to maintain separate funds for commodities and Equity/FNO/CDS. Please note that you can use the same funds for CDS, Cash & FNO.
I think they should introduce a new plan (named Gold plan) as you mentioned (Bold part.....)
Qreous.