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Comparision (ICICI Direct VS GCL Securities)

 

ICICI Direct Vs GCL Securities

ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about 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

ICICI Direct Vs GCL Securities - Broker Details

ICICI Direct GCL Securities
Single Margin Facility
Year of Incorporation 1995 1996
Exchanges BSE and NSE. NSE, BSE
Branches 250+ 7+
Brokerage Prime Plan: ₹900/- ₹20/Order
Broker Type Full service Broker Full Service Broker

ICICI Direct Vs GCL Securities - Account Opening & AMC Charges

ICICI Direct GCL Securities
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹300 + GST (One Time Charges)
Demat Account AMC ₹700 (From 2nd Year) | ₹300 for Neo Customers ₹0 (Free)
Trading Account AMC ₹0 (Free) ₹0 (Free)

ICICI Direct Vs GCL Securities - Brokerage charges & Plans

ICICI Direct GCL Securities
Commodity Futures ₹20/ Order ₹20/Order
Currency Futures ₹20/ Order ₹20/Order
Equity Delivery ₹0.09% ₹20/Order
Equity Options ₹20/ Order ₹20/Order
Commodity Options ₹20/ Order ₹20/Order
Equity Futures ₹20/ Order ₹20/Order
Currency Options ₹20/ Order ₹20/Order
Fixed Charges ₹20/ Order ₹20/Order
Equity Intraday ₹20/ Order ₹20/Order

ICICI Direct Vs GCL Securities - Other Charges

ICICI Direct GCL Securities
RMS Square Off Charge ₹50/ Order ₹0 (Free)
API Charges ₹0 (Free) N/A
Call & Trade Charges ₹50/ Order ₹50/Order
Other Brokerage Charges Prime Plan: ₹900/- ₹20/ Order
Minimum Brokerage ₹20/ Order ₹20/ Order

ICICI Direct Vs GCL Securities - Transaction Charges

ICICI Direct GCL Securities
Currency Options Exchange turnover charge: 0.04% |Clearing charge: 0.025% NSE ₹110/Cr (0.0011%)
Equity Futures NSE: 0.002% NSE ₹190/Cr (0.0019%)
Equity Intraday NSE: 0.00345% | BSE: 0.00345% NSE ₹325/Cr (0.00325%) | BSE ₹275/Cr (0.00275%)
Equity Options NSE: 0.053% NSE ₹5000/Cr (0.05%)
Commodity Non-Agri: Exchange turnover charge: 0.0026% MCX ₹260/Cr (0.0026%) | NCDEX ₹600/Cr (0.006%)
Currency Futures Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% NSE ₹110/Cr (0.0011%)
Equity Delivery 0.00345% trade on buy & sell NSE ₹325/Cr (0.00325%) | BSE ₹275/Cr (0.00275%)

ICICI Direct Vs GCL Securities - Margin (Exposure)

ICICI Direct 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)

ICICI Direct Vs GCL Securities - Features

ICICI Direct 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM
Trading Platform 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. 1.GCL Trade 2.GCL Trade 3.GCL Sanchay 4.GCL Back Office
SMS Alerts for Trades
Direct Mutual Fund

ICICI Direct Vs GCL Securities - Review & Rating

ICICI Direct GCL Securities
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account

ICICI Direct Vs GCL Securities - Request a call back from Broker

ICICI Direct GCL Securities

ICICI Direct Vs GCL Securities - Investment Options

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

ICICI Direct Vs GCL Securities - Order Type

ICICI Direct 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

ICICI Direct Vs GCL Securities - Research & Report

ICICI Direct GCL Securities
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

ICICI Direct Vs GCL Securities - Daily Market Report

ICICI Direct GCL Securities
Daily Market Reports & News

ICICI Direct Vs GCL Securities - Suitable For Investor

ICICI Direct GCL Securities
Casual Investor
Active Investor
Trader

ICICI Direct Vs GCL Securities - Pros & Cons

ICICI Direct GCL Securities
Pros 1. It facilitates its customers by providing an integrated three-in-one account. 2. ICICI direct manages the customer’s demat and bank accounts by transferring the money to the broker’s pool or toward deposits. 3. The investments can be made in online in IPOs, Mutual Funds, GOI Funds and the postal savings schemes all of it from one website. 4. It allows trading at both the national exchanges i.e. NSE and BSE. 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 brokerage of ICICI direct is high and not negotiable. 2. It does not offer commodity trading. 3. The minimum brokerage as the standard I-Secure plan is ₹20/Order that is high for the traders making small trades. 4. ICICI Direct provides ₹0.05 per share brokerage on the stocks quoting up to ₹10. It becomes difficult to trade in the penny stocks. 5. It charges ₹50 per call for the call and trader after first 20 free calls in a month. 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

ICICI Direct Vs GCL Securities - Background

ICICI Direct GCL Securities

ICICI Direct Vs GCL Securities - Compare All Brokers

ICICI Direct GCL Securities

ICICI Direct Vs GCL Securities - STT/CTT

ICICI Direct 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 NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group 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

ICICI Direct Vs GCL Securities - Demat transaction charges

ICICI Direct GCL Securities
Equity Demat Transaction Charges Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) ₹11 + GST per scrip only on sell

ICICI Direct Vs GCL Securities - GST

ICICI Direct GCL Securities
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge + SEBI Fee) 18% on (brokerage + transaction charges)

ICICI Direct Vs GCL Securities - SEBI Charges

ICICI Direct GCL Securities
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

ICICI Direct Vs GCL Securities - Account Opening & AMC Charges

ICICI Direct
GCL Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹300 + GST (One Time Charges)
Demat Account AMC
₹700 (From 2nd Year) | ₹300 for Neo Customers
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
 
Call Back Open Account

ICICI Direct Vs GCL Securities

ICICI Direct GCL Securities
 

ICICI Direct Review | Brokerage Charges, Account Opening

With ICICIdirect, you can access retail trading and investment services from India's largest and most trusted stock broker, ICICI securities. It offers customers diverse online trading and investment services through its ICICIdirect platform.

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 ..
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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

ICICI Direct Vs GCL Securities - Brokerage charges & Plans

ICICI Direct GCL Securities
Commodity Futures ₹20/ Order ₹20/Order
Currency Futures ₹20/ Order ₹20/Order
Equity Delivery ₹0.09% ₹20/Order
Equity Options ₹20/ Order ₹20/Order
Commodity Options ₹20/ Order ₹20/Order
Equity Futures ₹20/ Order ₹20/Order
Currency Options ₹20/ Order ₹20/Order
Fixed Charges ₹20/ Order ₹20/Order
Equity Intraday ₹20/ Order ₹20/Order
Call Back Open Account

ICICI Direct Vs GCL Securities - Margin (Exposure)

ICICI Direct 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)
Call Back Open Account

ICICI Direct Vs GCL Securities - Other Charges

ICICI Direct GCL Securities
RMS Square Off Charge ₹50/ Order ₹0 (Free)
API Charges ₹0 (Free) N/A
Call & Trade Charges ₹50/ Order ₹50/Order
Other Brokerage Charges Prime Plan: ₹900/- ₹20/ Order
Minimum Brokerage ₹20/ Order ₹20/ Order

ICICI Direct Vs GCL Securities - STT/CTT

ICICI Direct 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 NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group 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

ICICI Direct Vs GCL Securities - Demat transaction charges

ICICI Direct GCL Securities
Equity Demat Transaction Charges Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) ₹11 + GST per scrip only on sell

ICICI Direct Vs GCL Securities - GST

ICICI Direct GCL Securities
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge + SEBI Fee) 18% on (brokerage + transaction charges)

ICICI Direct Vs GCL Securities - SEBI Charges

ICICI Direct GCL Securities
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

ICICI Direct Vs GCL Securities - Features

ICICI Direct 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM
Trading Platform 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. 1.GCL Trade 2.GCL Trade 3.GCL Sanchay 4.GCL Back Office
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

ICICI Direct

GCL Securities