GCL Securities Vs Choice Broking
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
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 Vs Choice Broking - Broker Details
| GCL Securities | Choice Broking | |
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| Single Margin Facility |
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| Year of Incorporation | 1996 | 2010 |
| Exchanges | NSE, BSE | NSE, BSE, MCX, NCDEX, and ICEX. |
| Branches | 7+ | 50+ |
| Brokerage | ₹20/Order | 0.02% |
| Broker Type | Full Service Broker | Full service Broker |
GCL Securities Vs Choice Broking - Account Opening & AMC Charges
| GCL Securities | Choice Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹300 + GST (One Time Charges) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹200+GST ( 2nd Year onwards) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
GCL Securities Vs Choice Broking - Brokerage charges & Plans
| GCL Securities | Choice Broking | |
|---|---|---|
| Commodity Futures | ₹20/Order | 0.02% |
| Currency Futures | ₹20/Order | 0.02% |
| Equity Delivery | ₹20/Order | 0.2% |
| Equity Options | ₹20/Order | ₹25/Lot |
| Commodity Options | ₹20/Order | ₹50/Lot |
| Equity Futures | ₹20/Order | 0.02% |
| Currency Options | ₹20/Order | ₹20/Lot |
| Fixed Charges | ₹20/Order | 0.02% |
| Equity Intraday | ₹20/Order | 0.02% |
GCL Securities Vs Choice Broking - Other Charges
| GCL Securities | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | N/A | - |
| Call & Trade Charges | ₹50/Order | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order | ₹25/Lot |
| Minimum Brokerage | ₹20/ Order | 0.02% |
GCL Securities Vs Choice Broking - Transaction Charges
| GCL Securities | Choice Broking | |
|---|---|---|
| Currency Options | NSE ₹110/Cr (0.0011%) | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Futures | NSE ₹190/Cr (0.0019%) | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% |
| Equity Intraday | NSE ₹325/Cr (0.00325%) | BSE ₹275/Cr (0.00275%) | NSE/BSE:- 0.00345% |
| Equity Options | NSE ₹5000/Cr (0.05%) | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% |
| Commodity | MCX ₹260/Cr (0.0026%) | NCDEX ₹600/Cr (0.006%) | 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% |
| Currency Futures | NSE ₹110/Cr (0.0011%) | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Delivery | NSE ₹325/Cr (0.00325%) | BSE ₹275/Cr (0.00275%) | NSE/BSE:- 0.00345% |
GCL Securities Vs Choice Broking - Margin (Exposure)
| GCL Securities | Choice Broking | |
|---|---|---|
| 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) |
GCL Securities Vs Choice Broking - Features
| GCL Securities | Choice Broking | |
|---|---|---|
| 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1.GCL Trade 2.GCL Trade 3.GCL Sanchay 4.GCL Back Office | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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GCL Securities Vs Choice Broking - Review & Rating
| GCL Securities | Choice Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
GCL Securities Vs Choice Broking - Request a call back from Broker
| GCL Securities | Choice Broking | |
|---|---|---|
GCL Securities Vs Choice Broking - Investment Options
| GCL Securities | Choice Broking | |
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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 Choice Broking - Order Type
| GCL Securities | Choice Broking | |
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| 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 Choice Broking - Research & Report
| GCL Securities | Choice Broking | |
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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 Choice Broking - Daily Market Report
| GCL Securities | Choice Broking | |
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| Daily Market Reports & News |
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GCL Securities Vs Choice Broking - Suitable For Investor
| GCL Securities | Choice Broking | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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GCL Securities Vs Choice Broking - Pros & Cons
| GCL Securities | Choice Broking | |
|---|---|---|
| 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 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. |
| 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. 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. |
GCL Securities Vs Choice Broking - Background
| GCL Securities | Choice Broking | |
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GCL Securities Vs Choice Broking - Compare All Brokers
| GCL Securities | Choice Broking | |
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GCL Securities Vs Choice Broking - STT/CTT
| GCL Securities | Choice Broking | |
|---|---|---|
| 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 Choice Broking - Demat transaction charges
| GCL Securities | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹11 + GST per scrip only on sell | ₹10 + GST per scrip only on sell |
GCL Securities Vs Choice Broking - GST
| GCL Securities | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
GCL Securities Vs Choice Broking - SEBI Charges
| GCL Securities | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
GCL Securities Vs Choice Broking - Account Opening & AMC Charges
GCL Securities
Choice Broking
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹300 + GST (One Time Charges)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹200+GST ( 2nd Year onwards)
Trading Account AMC
₹0 (Free)
₹0 (Free)
GCL Securities Vs Choice Broking
| GCL Securities | Choice Broking | |
|---|---|---|
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 "+ Choice Broking |
Choice Broking Review | Brokerage Charges, Account OpeningChoice 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 .. |
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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 Vs Choice Broking - Brokerage charges & Plans
| GCL Securities | Choice Broking | |
|---|---|---|
| Commodity Futures | ₹20/Order | 0.02% |
| Currency Futures | ₹20/Order | 0.02% |
| Equity Delivery | ₹20/Order | 0.2% |
| Equity Options | ₹20/Order | ₹25/Lot |
| Commodity Options | ₹20/Order | ₹50/Lot |
| Equity Futures | ₹20/Order | 0.02% |
| Currency Options | ₹20/Order | ₹20/Lot |
| Fixed Charges | ₹20/Order | 0.02% |
| Equity Intraday | ₹20/Order | 0.02% |
GCL Securities Vs Choice Broking - Margin (Exposure)
| GCL Securities | Choice Broking | |
|---|---|---|
| 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) |
GCL Securities Vs Choice Broking - Other Charges
| GCL Securities | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | N/A | - |
| Call & Trade Charges | ₹50/Order | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order | ₹25/Lot |
| Minimum Brokerage | ₹20/ Order | 0.02% |
GCL Securities Vs Choice Broking - STT/CTT
| GCL Securities | Choice Broking | |
|---|---|---|
| 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 Choice Broking - Demat transaction charges
| GCL Securities | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹11 + GST per scrip only on sell | ₹10 + GST per scrip only on sell |
GCL Securities Vs Choice Broking - GST
| GCL Securities | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
GCL Securities Vs Choice Broking - SEBI Charges
| GCL Securities | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
GCL Securities Vs Choice Broking - Features
| GCL Securities | Choice Broking | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
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| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1.GCL Trade 2.GCL Trade 3.GCL Sanchay 4.GCL Back Office | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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