Short answer: Yes — margin trading is commonly used for both commodities and currency trading, but the way it’s offered and the risks differ from cash (spot) equity trading.

What it means

• Margin trading = you put up a fraction of the contract value (the margin) and your broker/exchange lends/permits the rest, giving you leverage.
• For commodities and currencies that leverage is typically provided via derivatives (futures and options, or leveraged CFD/Forex products depending on jurisdiction and broker).

How it’s typically offered

• Commodities: exchanges (e.g., major commodity exchanges) offer futures and options on metals, energy, agricultural products, etc. You post initial margin and maintain a maintenance margin; positions are marked-to-market daily and profits/losses are settled (MTM).
• Currency: margin is available in two common ways — exchange-traded currency futures/options (posted margin, MTM) and over-the-counter/forex margin products (spot FX with margin or CFDs) offered by brokers. Regulations differ by country and platform.

Key mechanics to know

• Initial margin vs maintenance margin: initial to open a position, maintenance to keep it. If MTM losses reduce your equity below maintenance level you get a margin call.
• Leverage multiplies both gains and losses. A small adverse move can wipe out your margin.
• Mark-to-market and daily settlement can lead to rapid cash calls.
• Some products charge financing/overnight fees for leveraged overnight positions; futures include carry in price.

Risks and controls

• Higher leverage → higher risk of rapid and large losses. Use stop-losses, sensible position sizing, and don’t risk capital you can’t afford to lose.
• Check if your broker offers negative-balance protection and understand margin call procedures.
• Liquidity and volatility differ by instrument — some commodity contracts are thinly traded and can gap.

India-specific notes (practical, not exhaustive)

• In India, currency derivatives (futures/options) are available on the exchanges for certain currency pairs; overseas retail forex trading is restricted by regulators except via authorized brokers/platforms. Commodities are traded on recognized commodity exchanges via futures and options with exchange-defined margins. (If you need precise, up‑to‑date regulatory or product lists, tell me and I’ll look them up for your exact situation.)

What you should do before trading on margin

1. Confirm the exact product (exchange-traded futures, options, CFDs, spot forex) your broker offers.
2. Check margin requirements, margin call rules, and financing costs with that broker.
3. Practice on a demo account if available.
4. Use risk-management rules (max % of capital per trade, stop-loss, position-sizing).
5. Ensure the broker is regulated and read their client agreement carefully.

If you want, I can:

• Explain margin calculations with a numeric example for a commodity or currency contract, or
• Look up current margin rules and available currency pairs on Indian exchanges (I’ll need to check the web for the latest exchange/regulatory details). Which would you prefer?