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Comparision (Choice Broking VS GCL Securities)

 

Choice Broking Vs GCL Securities

Choice Broking
Choice Broking is a full service Broker. Choice Broking Review 2024 gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.


GCL Securities
GCL Securities Review gives an overall view and updates about the GCL Securities Brokerage Charges, GCL Securities Margin, GCL Securities Trading Software 2024, GCL Securities Demat Account Charges and it also gives overview on GCL Securities NRI Account, GCL Securities Branches, GCL Securities Customer Complaints, GCL Securities Advantages and Disadvantages, GCL Securities Advisory Services, GCL Securities Mutual Funds, GCL Securities IPO as well as offers a wide range of financial products with zero hidden charges

Choice Broking Vs GCL Securities - Broker Details

Choice Broking GCL Securities
Single Margin Facility
Year of Incorporation 2010 1996
Exchanges NSE, BSE, MCX, NCDEX, and ICEX. NSE, BSE
Branches 50+ 7+
Brokerage 0.02% ₹20/Order
Broker Type Full service Broker Full Service Broker

Choice Broking Vs GCL Securities - Account Opening & AMC Charges

Choice Broking GCL Securities
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹300 + GST (One Time Charges)
Demat Account AMC ₹200+GST ( 2nd Year onwards) ₹0 (Free)
Trading Account AMC ₹0 (Free) ₹0 (Free)

Choice Broking Vs GCL Securities - Brokerage charges & Plans

Choice Broking GCL Securities
Commodity Futures 0.02% ₹20/Order
Currency Futures 0.02% ₹20/Order
Equity Delivery 0.2% ₹20/Order
Equity Options ₹25/Lot ₹20/Order
Commodity Options ₹50/Lot ₹20/Order
Equity Futures 0.02% ₹20/Order
Currency Options ₹20/Lot ₹20/Order
Fixed Charges 0.02% ₹20/Order
Equity Intraday 0.02% ₹20/Order

Choice Broking Vs GCL Securities - Other Charges

Choice Broking GCL Securities
RMS Square Off Charge ₹0 (Free) ₹0 (Free)
API Charges - N/A
Call & Trade Charges ₹0 (Free) ₹50/Order
Other Brokerage Charges ₹25/Lot ₹20/ Order
Minimum Brokerage 0.02% ₹20/ Order

Choice Broking Vs GCL Securities - Transaction Charges

Choice Broking GCL Securities
Currency Options NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% NSE ₹110/Cr (0.0011%)
Equity Futures NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% NSE ₹190/Cr (0.0019%)
Equity Intraday NSE/BSE:- 0.00345% NSE ₹325/Cr (0.00325%) | BSE ₹275/Cr (0.00275%)
Equity Options NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% NSE ₹5000/Cr (0.05%)
Commodity Future Exchange txn charge:- 0.0026% | Clearing charge: 0.0003% | RMS Charge 0.005% (Only NCDEX) || Option:- Exchange txn charge:- 0.05% | Clearing charge :- 0.002% MCX ₹260/Cr (0.0026%) | NCDEX ₹600/Cr (0.006%)
Currency Futures NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% NSE ₹110/Cr (0.0011%)
Equity Delivery NSE/BSE:- 0.00345% NSE ₹325/Cr (0.00325%) | BSE ₹275/Cr (0.00275%)

Choice Broking Vs GCL Securities - Margin (Exposure)

Choice Broking GCL Securities
Equity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Intraday 5x (Up to 20% of trade value) 5x (Up to 20% of trade value)
Currency Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (100% of trade value) 1x (100% of trade value)
Currency Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)

Choice Broking Vs GCL Securities - Features

Choice Broking GCL Securities
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM
Trading Platform 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). 1.GCL Trade 2.GCL Trade 3.GCL Sanchay 4.GCL Back Office
SMS Alerts for Trades
Direct Mutual Fund

Choice Broking Vs GCL Securities - Review & Rating

Choice Broking GCL Securities
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating

Choice Broking Vs GCL Securities - Request a call back from Broker

Choice Broking GCL Securities

Choice Broking Vs GCL Securities - Investment Options

Choice Broking GCL Securities
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Choice Broking Vs GCL Securities - Order Type

Choice Broking GCL Securities
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

Choice Broking Vs GCL Securities - Research & Report

Choice Broking GCL Securities
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Choice Broking Vs GCL Securities - Daily Market Report

Choice Broking GCL Securities
Daily Market Reports & News

Choice Broking Vs GCL Securities - Suitable For Investor

Choice Broking GCL Securities
Casual Investor
Active Investor
Trader

Choice Broking Vs GCL Securities - Pros & Cons

Choice Broking GCL Securities
Pros 1. It offers a broad range of investment products. 2. It has a simple trading platform and offers it to the customers. 3. It offers various multiple AMC plans to its customers that provides lifetime AMC and refundable AMC options. 4. It has a proactive and prompt customer service. 5. It has an instant and paperless demat account opening process. 6. Choice broking has an excellent margin trading facility service to its customers. 7. The research call provided by the brokers has 78% accuracy ratio. 1.Zero account opening fee 2.Offers a simple and powerful online trading platform ODIN 3.Provide free research calls. 4.Whatsapp Service Support 5.Provide free research calls
Cons 1. The Choice Broker does not allow to open a three-in-one account services to its customers. 2. It has no flexible brokerage plans. 3. The broker does not provide Margin Calculator. 4. It does not provide an in-house trading terminal. 1.Zero account opening fee 2.Offers a simple and powerful online trading platform ODIN 3.Provide free research calls. 4.Whatsapp Service Support 5.Provide free research calls 2.In-house Trading terminal not available

Choice Broking Vs GCL Securities - Background

Choice Broking GCL Securities

Choice Broking Vs GCL Securities - Compare All Brokers

Choice Broking GCL Securities

Choice Broking Vs GCL Securities - STT/CTT

Choice Broking GCL Securities
Commodity Futures 0.01% on sell side (Non-Agri) 0.01% on sell side (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% on the Sell Side 0.025% on the Sell Side
Equity Options 0.05% on Sell Side(on Premium) 0.05% on Sell Side(on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both Buy and Sell 0.1% on both Buy and Sell
Equity Futures 0.01% on Sell Side 0.01% on Sell Side
Commodity Options 0.05% on sell side 0.05% on sell side

Choice Broking Vs GCL Securities - Demat transaction charges

Choice Broking GCL Securities
Equity Demat Transaction Charges ₹10 + GST per scrip only on sell ₹11 + GST per scrip only on sell

Choice Broking Vs GCL Securities - GST

Choice Broking GCL Securities
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charges + Clearing Charges) 18% on (brokerage + transaction charges)

Choice Broking Vs GCL Securities - SEBI Charges

Choice Broking GCL Securities
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

Choice Broking Vs GCL Securities - Account Opening & AMC Charges

Choice Broking
GCL Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹300 + GST (One Time Charges)
Demat Account AMC
₹200+GST ( 2nd Year onwards)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
 

Choice Broking Vs GCL Securities

Choice Broking GCL Securities
 

Choice Broking Review | Brokerage Charges, Account Opening


Choice Equity Broking Private Limited is a Mumbai-based full-service stock broking firm and Choice broking established in 2010. Choice broking firm is a subsidiary of a publicly listed financial service provider organization named as Choice International Limited. It was formerly providing tis financial services since 1993 b ..
+ " Vs "+ GCL Securities

GCL Securities Review | Brokerage Charges, Account Opening

GCL Securities was started as an entrepreneurial startup but very soon emerged as one of the leading stockbrokers of India. Incorporated in 2004 by Mr. Tilak Raj Sharma, GCL is a well-established and popular platform for all your trading needs. This full-service broker offers a wide range of financial services including investment in stocks, equ ..
 
 

GCL Securities
GCL Securities Review gives an overall view and updates about the GCL Securities Brokerage Charges, GCL Securities Margin, GCL Securities Trading Software 2024, GCL Securities Demat Account Charges and it also gives overview on GCL Securities NRI Account, GCL Securities Branches, GCL Securities Customer Complaints, GCL Securities Advantages and Disadvantages, GCL Securities Advisory Services, GCL Securities Mutual Funds, GCL Securities IPO as well as offers a wide range of financial products with zero hidden charges

Choice Broking Vs GCL Securities - Brokerage charges & Plans

Choice Broking GCL Securities
Commodity Futures 0.02% ₹20/Order
Currency Futures 0.02% ₹20/Order
Equity Delivery 0.2% ₹20/Order
Equity Options ₹25/Lot ₹20/Order
Commodity Options ₹50/Lot ₹20/Order
Equity Futures 0.02% ₹20/Order
Currency Options ₹20/Lot ₹20/Order
Fixed Charges 0.02% ₹20/Order
Equity Intraday 0.02% ₹20/Order

Choice Broking Vs GCL Securities - Margin (Exposure)

Choice Broking GCL Securities
Equity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Intraday 5x (Up to 20% of trade value) 5x (Up to 20% of trade value)
Currency Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (100% of trade value) 1x (100% of trade value)
Currency Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)

Choice Broking Vs GCL Securities - Other Charges

Choice Broking GCL Securities
RMS Square Off Charge ₹0 (Free) ₹0 (Free)
API Charges - N/A
Call & Trade Charges ₹0 (Free) ₹50/Order
Other Brokerage Charges ₹25/Lot ₹20/ Order
Minimum Brokerage 0.02% ₹20/ Order

Choice Broking Vs GCL Securities - STT/CTT

Choice Broking GCL Securities
Commodity Futures 0.01% on sell side (Non-Agri) 0.01% on sell side (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% on the Sell Side 0.025% on the Sell Side
Equity Options 0.05% on Sell Side(on Premium) 0.05% on Sell Side(on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both Buy and Sell 0.1% on both Buy and Sell
Equity Futures 0.01% on Sell Side 0.01% on Sell Side
Commodity Options 0.05% on sell side 0.05% on sell side

Choice Broking Vs GCL Securities - Demat transaction charges

Choice Broking GCL Securities
Equity Demat Transaction Charges ₹10 + GST per scrip only on sell ₹11 + GST per scrip only on sell

Choice Broking Vs GCL Securities - GST

Choice Broking GCL Securities
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charges + Clearing Charges) 18% on (brokerage + transaction charges)

Choice Broking Vs GCL Securities - SEBI Charges

Choice Broking GCL Securities
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

Choice Broking Vs GCL Securities - Features

Choice Broking GCL Securities
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM
Trading Platform 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). 1.GCL Trade 2.GCL Trade 3.GCL Sanchay 4.GCL Back Office
SMS Alerts for Trades
Direct Mutual Fund

Choice Broking

GCL Securities