Since the introduction of futures and options segments on stock exchanges and the setting up of commodity futures markets, even retail investors can participate in these markets. In order to participate in either market, you have to go through a broker who is affiliated with the exchange on which you plan to trade. You will be required to deposit an appropriate amount of token Margin money with your broker and fill in requisite forms, before you begin to trade. However, the most important prerequisite in order to trade in derivative products is, understanding how each one works and the risks and potential returns associated with them.