GCL Securities Vs INDmoney
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
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
GCL Securities Vs INDmoney - Broker Details
| GCL Securities | INDmoney | |
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| Single Margin Facility |
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| Year of Incorporation | 1996 | 2019 |
| Exchanges | NSE, BSE | NSE, BSE and MCX |
| Branches | 7+ | 966 |
| Brokerage | ₹20/Order | 0.05% or up to ₹20/Per Order |
| Broker Type | Full Service Broker | Discount Broker |
GCL Securities Vs INDmoney - Account Opening & AMC Charges
| GCL Securities | INDmoney | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹300 + GST (One Time Charges) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
GCL Securities Vs INDmoney - Brokerage charges & Plans
| GCL Securities | INDmoney | |
|---|---|---|
| Commodity Futures | ₹20/Order | N/A |
| Currency Futures | ₹20/Order | 0.05% or up to ₹20/Per Order |
| Equity Delivery | ₹20/Order | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹20/Order | 0.05% or up to ₹20/Per Order |
| Commodity Options | ₹20/Order | N/A |
| Equity Futures | ₹20/Order | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹20/Order | 0.05% or up to ₹20/Per Order |
| Fixed Charges | ₹20/Order | 0.05% or up to ₹20/Per Order |
| Equity Intraday | ₹20/Order | 0.05% or up to ₹20/Per Order |
GCL Securities Vs INDmoney - Other Charges
| GCL Securities | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per position |
| API Charges | N/A | N/A |
| Call & Trade Charges | ₹50/Order | ₹50 per position |
| Other Brokerage Charges | ₹20/ Order | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | ₹20/ Order | 0.05% or up to ₹20/Per Order |
GCL Securities Vs INDmoney - Transaction Charges
| GCL Securities | INDmoney | |
|---|---|---|
| Currency Options | NSE ₹110/Cr (0.0011%) | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value |
| 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 - 0.00325% | BSE- 0.00375% |
| 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 Following Scrips: 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: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value |
| Equity Delivery | NSE ₹325/Cr (0.00325%) | BSE ₹275/Cr (0.00275%) | NSE - 0.00325% | BSE- 0.00375% |
GCL Securities Vs INDmoney - Margin (Exposure)
| GCL Securities | INDmoney | |
|---|---|---|
| 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 (no margin) |
| 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) |
GCL Securities Vs INDmoney - Features
| GCL Securities | INDmoney | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1.GCL Trade 2.GCL Trade 3.GCL Sanchay 4.GCL Back Office | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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GCL Securities Vs INDmoney - Review & Rating
| GCL Securities | INDmoney | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
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GCL Securities Vs INDmoney - Request a call back from Broker
| GCL Securities | INDmoney | |
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GCL Securities Vs INDmoney - Investment Options
| GCL Securities | INDmoney | |
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| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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GCL Securities Vs INDmoney - Order Type
| GCL Securities | INDmoney | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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GCL Securities Vs INDmoney - Research & Report
| GCL Securities | INDmoney | |
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| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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GCL Securities Vs INDmoney - Daily Market Report
| GCL Securities | INDmoney | |
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| Daily Market Reports & News |
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GCL Securities Vs INDmoney - Suitable For Investor
| GCL Securities | INDmoney | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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GCL Securities Vs INDmoney - Pros & Cons
| GCL Securities | INDmoney | |
|---|---|---|
| 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. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. |
| 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.Limited Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. |
GCL Securities Vs INDmoney - Background
| GCL Securities | INDmoney | |
|---|---|---|
GCL Securities Vs INDmoney - Compare All Brokers
| GCL Securities | INDmoney | |
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GCL Securities Vs INDmoney - STT/CTT
| GCL Securities | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only 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% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% only on sell side |
GCL Securities Vs INDmoney - Demat transaction charges
| GCL Securities | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹11 + GST per scrip only on sell | ₹250/ per certificate |
GCL Securities Vs INDmoney - GST
| GCL Securities | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
GCL Securities Vs INDmoney - SEBI Charges
| GCL Securities | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
GCL Securities Vs INDmoney - Account Opening & AMC Charges
GCL Securities
INDmoney
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹300 + GST (One Time Charges)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
GCL Securities Vs INDmoney
| GCL Securities | INDmoney | |
|---|---|---|
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 "+ INDmoney |
INDmoney Account Opening Process, Charges, and Documentation Details |
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INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
GCL Securities Vs INDmoney - Brokerage charges & Plans
| GCL Securities | INDmoney | |
|---|---|---|
| Commodity Futures | ₹20/Order | N/A |
| Currency Futures | ₹20/Order | 0.05% or up to ₹20/Per Order |
| Equity Delivery | ₹20/Order | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹20/Order | 0.05% or up to ₹20/Per Order |
| Commodity Options | ₹20/Order | N/A |
| Equity Futures | ₹20/Order | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹20/Order | 0.05% or up to ₹20/Per Order |
| Fixed Charges | ₹20/Order | 0.05% or up to ₹20/Per Order |
| Equity Intraday | ₹20/Order | 0.05% or up to ₹20/Per Order |
GCL Securities Vs INDmoney - Margin (Exposure)
| GCL Securities | INDmoney | |
|---|---|---|
| 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 (no margin) |
| 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) |
GCL Securities Vs INDmoney - Other Charges
| GCL Securities | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per position |
| API Charges | N/A | N/A |
| Call & Trade Charges | ₹50/Order | ₹50 per position |
| Other Brokerage Charges | ₹20/ Order | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | ₹20/ Order | 0.05% or up to ₹20/Per Order |
GCL Securities Vs INDmoney - STT/CTT
| GCL Securities | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only 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% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% only on sell side |
GCL Securities Vs INDmoney - Demat transaction charges
| GCL Securities | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹11 + GST per scrip only on sell | ₹250/ per certificate |
GCL Securities Vs INDmoney - GST
| GCL Securities | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
GCL Securities Vs INDmoney - SEBI Charges
| GCL Securities | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
GCL Securities Vs INDmoney - Features
| GCL Securities | INDmoney | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1.GCL Trade 2.GCL Trade 3.GCL Sanchay 4.GCL Back Office | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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