GCL Securities Vs Elite Wealth
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
GCL Securities Vs Elite Wealth - Broker Details
| GCL Securities | Elite Wealth | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 1996 | 1990 |
| Exchanges | NSE, BSE | NSE, BSE, MCX and NCDEX |
| Branches | 7+ | N/A |
| Brokerage | ₹20/Order | 0.03% |
| Broker Type | Full Service Broker | Full Service Broker |
GCL Securities Vs Elite Wealth - Account Opening & AMC Charges
| GCL Securities | Elite Wealth | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹300 + GST (One Time Charges) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
GCL Securities Vs Elite Wealth - Brokerage charges & Plans
| GCL Securities | Elite Wealth | |
|---|---|---|
| Commodity Futures | ₹20/Order | 0.03% |
| Currency Futures | ₹20/Order | 0.03% |
| Equity Delivery | ₹20/Order | 0.33% |
| Equity Options | ₹20/Order | ₹33 per Lot |
| Commodity Options | ₹20/Order | 0.03% |
| Equity Futures | ₹20/Order | 0.03% |
| Currency Options | ₹20/Order | ₹33 per Lot |
| Fixed Charges | ₹20/Order | 0.03% |
| Equity Intraday | ₹20/Order | 0.03% |
GCL Securities Vs Elite Wealth - Other Charges
| GCL Securities | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹50/Order | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order | 0.03% |
| Minimum Brokerage | ₹20/ Order | 0.03% |
GCL Securities Vs Elite Wealth - Transaction Charges
| GCL Securities | Elite Wealth | |
|---|---|---|
| Currency Options | NSE ₹110/Cr (0.0011%) | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
| Equity Futures | NSE ₹190/Cr (0.0019%) | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | NSE ₹325/Cr (0.00325%) | BSE ₹275/Cr (0.00275%) | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group | Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
| Equity Options | NSE ₹5000/Cr (0.05%) | NSE: 0.053% on Premium value |
| Commodity | MCX ₹260/Cr (0.0026%) | NCDEX ₹600/Cr (0.006%) | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month To) 0.0013% On Turnover For A Category (Far Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Followers Scrip: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN |
| Currency Futures | NSE ₹110/Cr (0.0011%) | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
| Equity Delivery | NSE ₹325/Cr (0.00325%) | BSE ₹275/Cr (0.00275%) | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
GCL Securities Vs Elite Wealth - Margin (Exposure)
| GCL Securities | Elite Wealth | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + exposure)) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
GCL Securities Vs Elite Wealth - Features
| GCL Securities | Elite Wealth | |
|---|---|---|
| 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1.GCL Trade 2.GCL Trade 3.GCL Sanchay 4.GCL Back Office | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
GCL Securities Vs Elite Wealth - Review & Rating
| GCL Securities | Elite Wealth | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
GCL Securities Vs Elite Wealth - Request a call back from Broker
| GCL Securities | Elite Wealth | |
|---|---|---|
GCL Securities Vs Elite Wealth - Investment Options
| GCL Securities | Elite Wealth | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
GCL Securities Vs Elite Wealth - Order Type
| GCL Securities | Elite Wealth | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
GCL Securities Vs Elite Wealth - Research & Report
| GCL Securities | Elite Wealth | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
GCL Securities Vs Elite Wealth - Daily Market Report
| GCL Securities | Elite Wealth | |
|---|---|---|
| Daily Market Reports & News |
|
|
GCL Securities Vs Elite Wealth - Suitable For Investor
| GCL Securities | Elite Wealth | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
GCL Securities Vs Elite Wealth - Pros & Cons
| GCL Securities | Elite Wealth | |
|---|---|---|
| Pros | 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 | 1. It is a full-service broker 2. It provides equity and Mutual Fund research and recommendation services to all its customers. 3. Excellent Research 4. Call n Trade Facility 5. It facilitates its customers with a RM (Relationship Manager). 6. It offers Upcoming IPO updates 7. Online access to the account on all days |
| Cons | 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 | 1. Brokerage charges are high as compared to the discount brokers. 2. It does not provide three-in-one account and does not have banking license. 3. Risk of Overtrading. |
GCL Securities Vs Elite Wealth - Background
| GCL Securities | Elite Wealth | |
|---|---|---|
GCL Securities Vs Elite Wealth - Compare All Brokers
| GCL Securities | Elite Wealth | |
|---|---|---|
GCL Securities Vs Elite Wealth - STT/CTT
| GCL Securities | Elite Wealth | |
|---|---|---|
| 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 Sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on Sell (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & Sell |
| Equity Futures | 0.01% on Sell Side | 0.01 % on Sell |
| Commodity Options | 0.05% on sell side | 0.05% on Sell Side |
GCL Securities Vs Elite Wealth - Demat transaction charges
| GCL Securities | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹11 + GST per scrip only on sell | No Charges |
GCL Securities Vs Elite Wealth - GST
| GCL Securities | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
GCL Securities Vs Elite Wealth - SEBI Charges
| GCL Securities | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
GCL Securities Vs Elite Wealth - Account Opening & AMC Charges
GCL Securities
Elite Wealth
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹300 + GST (One Time Charges)
₹0 (Free)
Demat Account AMC
₹0 (Free)
First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method
Trading Account AMC
₹0 (Free)
₹0 (Free)
GCL Securities Vs Elite Wealth
| GCL Securities | Elite Wealth | |
|---|---|---|
GCL Securities Review | Brokerage Charges, Account OpeningGCL 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 .. + " Vs "+ Elite Wealth |
Elite Wealth Review | Products and Trading Platforms |
|
|
|
|
|
Elite Wealth
GCL Securities Vs Elite Wealth - Brokerage charges & Plans
| GCL Securities | Elite Wealth | |
|---|---|---|
| Commodity Futures | ₹20/Order | 0.03% |
| Currency Futures | ₹20/Order | 0.03% |
| Equity Delivery | ₹20/Order | 0.33% |
| Equity Options | ₹20/Order | ₹33 per Lot |
| Commodity Options | ₹20/Order | 0.03% |
| Equity Futures | ₹20/Order | 0.03% |
| Currency Options | ₹20/Order | ₹33 per Lot |
| Fixed Charges | ₹20/Order | 0.03% |
| Equity Intraday | ₹20/Order | 0.03% |
GCL Securities Vs Elite Wealth - Margin (Exposure)
| GCL Securities | Elite Wealth | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + exposure)) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
GCL Securities Vs Elite Wealth - Other Charges
| GCL Securities | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹50/Order | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order | 0.03% |
| Minimum Brokerage | ₹20/ Order | 0.03% |
GCL Securities Vs Elite Wealth - STT/CTT
| GCL Securities | Elite Wealth | |
|---|---|---|
| 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 Sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on Sell (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & Sell |
| Equity Futures | 0.01% on Sell Side | 0.01 % on Sell |
| Commodity Options | 0.05% on sell side | 0.05% on Sell Side |
GCL Securities Vs Elite Wealth - Demat transaction charges
| GCL Securities | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹11 + GST per scrip only on sell | No Charges |
GCL Securities Vs Elite Wealth - GST
| GCL Securities | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
GCL Securities Vs Elite Wealth - SEBI Charges
| GCL Securities | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
GCL Securities Vs Elite Wealth - Features
| GCL Securities | Elite Wealth | |
|---|---|---|
| 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1.GCL Trade 2.GCL Trade 3.GCL Sanchay 4.GCL Back Office | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|