GCL Securities Vs Reliance Securities
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
Reliance Securities
Reliance Securities is a full service Broker. Reliance Securities Review 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 Vs Reliance Securities - Broker Details
| GCL Securities | Reliance Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1996 | 2005 |
| Exchanges | NSE, BSE | NSE, BSE&MCX-SX, NCDEX, NMCE |
| Branches | 7+ | 80+ |
| Brokerage | ₹20/Order | 0.05% |
| Broker Type | Full Service Broker | Full service Broker |
GCL Securities Vs Reliance Securities - Account Opening & AMC Charges
| GCL Securities | Reliance Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹300 + GST (One Time Charges) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹2500/- life time free |
| Trading Account AMC | ₹0 (Free) | ₹2500/- life time free |
GCL Securities Vs Reliance Securities - Brokerage charges & Plans
| GCL Securities | Reliance Securities | |
|---|---|---|
| Commodity Futures | ₹20/Order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Currency Futures | ₹20/Order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Equity Delivery | ₹20/Order | R- Online Insta Account Plan:- 0.25% | R-Fixed Plan:-0.50% |
| Equity Options | ₹20/Order | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Commodity Options | ₹20/Order | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Equity Futures | ₹20/Order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Currency Options | ₹20/Order | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Fixed Charges | ₹20/Order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
| Equity Intraday | ₹20/Order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
GCL Securities Vs Reliance Securities - Other Charges
| GCL Securities | Reliance Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | - |
| API Charges | N/A | N/A |
| Call & Trade Charges | ₹50/Order | ₹20/ Call (First 20 calls/Month will be free) |
| Other Brokerage Charges | ₹20/ Order | Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
| Minimum Brokerage | ₹20/ Order | 0.05% |
GCL Securities Vs Reliance Securities - Transaction Charges
| GCL Securities | Reliance Securities | |
|---|---|---|
| Currency Options | NSE ₹110/Cr (0.0011%) | NSE: 0.04174% |
| Equity Futures | NSE ₹190/Cr (0.0019%) | NSE: 0.0009% | BSE: 0.0005% |
| Equity Intraday | NSE ₹325/Cr (0.00325%) | BSE ₹275/Cr (0.00275%) | NSE: 0.0032% | BSE: 0.003% |
| Equity Options | NSE ₹5000/Cr (0.05%) | NSE:0.05% | BSE:0.0005% (on premium) |
| Commodity | MCX ₹260/Cr (0.0026%) | NCDEX ₹600/Cr (0.006%) | Group A: 0.0026% | PEPPER - 0.00005% | CASTORSEED - 0.0005% | RBDPMOLEIN - 0.001% |
| Currency Futures | NSE ₹110/Cr (0.0011%) | NSE: 0.0009% |
| Equity Delivery | NSE ₹325/Cr (0.00325%) | BSE ₹275/Cr (0.00275%) | NSE: 0.0032% | BSE: 0.00275% |
GCL Securities Vs Reliance Securities - Margin (Exposure)
| GCL Securities | Reliance 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) | Up to 3 times with 21% interest per year |
| 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 Reliance Securities - Features
| GCL Securities | Reliance Securities | |
|---|---|---|
| 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 & F&O:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1.GCL Trade 2.GCL Trade 3.GCL Sanchay 4.GCL Back Office | Tick Pro, Tick Web, Tick pc |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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GCL Securities Vs Reliance Securities - Review & Rating
| GCL Securities | Reliance Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
GCL Securities Vs Reliance Securities - Request a call back from Broker
| GCL Securities | Reliance Securities | |
|---|---|---|
GCL Securities Vs Reliance Securities - Investment Options
| GCL Securities | Reliance Securities | |
|---|---|---|
| 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 Reliance Securities - Order Type
| GCL Securities | Reliance Securities | |
|---|---|---|
| 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 Reliance Securities - Research & Report
| GCL Securities | Reliance Securities | |
|---|---|---|
| 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 Reliance Securities - Daily Market Report
| GCL Securities | Reliance Securities | |
|---|---|---|
| Daily Market Reports & News |
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GCL Securities Vs Reliance Securities - Suitable For Investor
| GCL Securities | Reliance Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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GCL Securities Vs Reliance Securities - Pros & Cons
| GCL Securities | Reliance Securities | |
|---|---|---|
| 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. Each customer is allowed to trade on their own simply by logging into his accounts or the customers can call their Call and Trade desk with the trading assistance. 2. The leveraged Intraday product with the reduced margins that allows the customers to trade even with 30 times of their margin. 3. All of the investment options are available under a single account. The account allows trading in Equity, Derivatives, Forex, Commodity, IPO, Mutual Funds and Insurance. 4. It has its various branches and has spread over major cities and the number of how it is growing. 5. The customers can place the After-Market Orders (AMO) to trade for the next trading day post market hours. 6. The firm’s main objective is to provide satisfaction to its maximum customers. |
| 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. It does not have any toll-free number for their customers so that they can reach out to them. 2. The company does not offer various products across the commodities trading segment. 3. The exposure or the leverage provided by the firm is very low. 4. It has relatively expensive account opening, maintenance and the brokerage charges. 5. The customers need to beware of the hidden charges applied by the firm. |
GCL Securities Vs Reliance Securities - Background
| GCL Securities | Reliance Securities | |
|---|---|---|
GCL Securities Vs Reliance Securities - Compare All Brokers
| GCL Securities | Reliance Securities | |
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GCL Securities Vs Reliance Securities - STT/CTT
| GCL Securities | Reliance 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 |
GCL Securities Vs Reliance Securities - Demat transaction charges
| GCL Securities | Reliance Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹11 + GST per scrip only on sell | ₹27+ Gst per scrip per day only on sell |
GCL Securities Vs Reliance Securities - GST
| GCL Securities | Reliance Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
GCL Securities Vs Reliance Securities - SEBI Charges
| GCL Securities | Reliance Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
GCL Securities Vs Reliance Securities - Account Opening & AMC Charges
GCL Securities
Reliance Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹300 + GST (One Time Charges)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹2500/- life time free
Trading Account AMC
₹0 (Free)
₹2500/- life time free
GCL Securities Vs Reliance Securities
| GCL Securities | Reliance Securities | |
|---|---|---|
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 "+ Reliance Securities |
Reliance Securities Review | Brokerage Charges, Account OpeningA Reliance Capital Limited Company is the financial services division of the Reliance Anil Dhirubhai Ambani (ADA) group. The Reliance ADA group is one of the three business houses in India. It has a wide range of presence across the various segments. The major interest of the group revolves from communications and financial services to the .. |
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Reliance Securities
Reliance Securities is a full service Broker. Reliance Securities Review 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 Vs Reliance Securities - Brokerage charges & Plans
| GCL Securities | Reliance Securities | |
|---|---|---|
| Commodity Futures | ₹20/Order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Currency Futures | ₹20/Order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Equity Delivery | ₹20/Order | R- Online Insta Account Plan:- 0.25% | R-Fixed Plan:-0.50% |
| Equity Options | ₹20/Order | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Commodity Options | ₹20/Order | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Equity Futures | ₹20/Order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Currency Options | ₹20/Order | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Fixed Charges | ₹20/Order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
| Equity Intraday | ₹20/Order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
GCL Securities Vs Reliance Securities - Margin (Exposure)
| GCL Securities | Reliance 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) | Up to 3 times with 21% interest per year |
| 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 Reliance Securities - Other Charges
| GCL Securities | Reliance Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | - |
| API Charges | N/A | N/A |
| Call & Trade Charges | ₹50/Order | ₹20/ Call (First 20 calls/Month will be free) |
| Other Brokerage Charges | ₹20/ Order | Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
| Minimum Brokerage | ₹20/ Order | 0.05% |
GCL Securities Vs Reliance Securities - STT/CTT
| GCL Securities | Reliance 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 |
GCL Securities Vs Reliance Securities - Demat transaction charges
| GCL Securities | Reliance Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹11 + GST per scrip only on sell | ₹27+ Gst per scrip per day only on sell |
GCL Securities Vs Reliance Securities - GST
| GCL Securities | Reliance Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
GCL Securities Vs Reliance Securities - SEBI Charges
| GCL Securities | Reliance Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
GCL Securities Vs Reliance Securities - Features
| GCL Securities | Reliance Securities | |
|---|---|---|
| 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 & F&O:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1.GCL Trade 2.GCL Trade 3.GCL Sanchay 4.GCL Back Office | Tick Pro, Tick Web, Tick pc |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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