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Comparision (Groww VS GCL Securities)

 

Groww Vs GCL Securities

Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww 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

Groww Vs GCL Securities - Broker Details

Groww GCL Securities
Single Margin Facility
Year of Incorporation 2016 1996
Exchanges NSE and BSE. NSE, BSE
Branches Zero 7+
Brokerage ₹20/ Order ₹20/Order
Broker Type Discount Broker Full Service Broker

Groww Vs GCL Securities - Account Opening & AMC Charges

Groww GCL Securities
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹300 + GST (One Time Charges)
Demat Account AMC ₹0 (Free) ₹0 (Free)
Trading Account AMC ₹0 (Free) ₹0 (Free)

Groww Vs GCL Securities - Brokerage charges & Plans

Groww GCL Securities
Commodity Futures N/A ₹20/Order
Currency Futures N/A ₹20/Order
Equity Delivery ₹20/ Order or 0.05% (whichever is lower) ₹20/Order
Equity Options ₹20/ Order or 0.05% (whichever is lower) ₹20/Order
Commodity Options N/A ₹20/Order
Equity Futures ₹20/ Order or 0.05% (whichever is lower) ₹20/Order
Currency Options N/A ₹20/Order
Fixed Charges ₹20/ Order ₹20/Order
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) ₹20/Order

Groww Vs GCL Securities - Other Charges

Groww GCL Securities
RMS Square Off Charge ₹50/ Order ₹0 (Free)
API Charges ₹0 (Free) N/A
Call & Trade Charges N/A ₹50/Order
Other Brokerage Charges ₹20/ Order or 0.05% ₹20/ Order
Minimum Brokerage ₹20/ Order ₹20/ Order

Groww Vs GCL Securities - Transaction Charges

Groww GCL Securities
Currency Options N/A 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% on premium NSE ₹5000/Cr (0.05%)
Commodity N/A MCX ₹260/Cr (0.0026%) | NCDEX ₹600/Cr (0.006%)
Currency Futures N/A NSE ₹110/Cr (0.0011%)
Equity Delivery NSE:- 0.00345% | BSE:-0.00345% NSE ₹325/Cr (0.00325%) | BSE ₹275/Cr (0.00275%)

Groww Vs GCL Securities - Margin (Exposure)

Groww GCL Securities
Equity Options 1x 1x (100% of NRML margin (Span + Exposure)
Equity Intraday 5x 5x (Up to 20% of trade value)
Currency Options N/A 1x (100% of NRML margin (Span + Exposure)
Commodity Options N/A 1x (100% of NRML margin (Span + Exposure)
Commodity Futures N/A 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (no margin) 1x (100% of trade value)
Currency Futures N/A 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x 1x (100% of NRML margin (Span + Exposure)

Groww Vs GCL Securities - Features

Groww 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:- 4:30 PM | Commodity:- 11:25 PM Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM
Trading Platform Groww Web (Browser based trading website) , Groww Mobile Application 1.GCL Trade 2.GCL Trade 3.GCL Sanchay 4.GCL Back Office
SMS Alerts for Trades
Direct Mutual Fund

Groww Vs GCL Securities - Review & Rating

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

Groww Vs GCL Securities - Request a call back from Broker

Groww GCL Securities

Groww Vs GCL Securities - Investment Options

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

Groww Vs GCL Securities - Order Type

Groww 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

Groww Vs GCL Securities - Research & Report

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

Groww Vs GCL Securities - Daily Market Report

Groww GCL Securities
Daily Market Reports & News

Groww Vs GCL Securities - Suitable For Investor

Groww GCL Securities
Casual Investor
Active Investor
Trader

Groww Vs GCL Securities - Pros & Cons

Groww GCL Securities
Pros 1.Commission free investment for customer. 2.Transparent without any hidden charges. 3. Upto 1.5% extra returns on direct mutual funds. 4.Provide facility to invest in US stocks, Gold and ETFs. 5.Online IPO application. 6.Zero charges on direct mutual funds 7. Very simple and intuitive UI. 8. Offers a wide range of premium features. 9.SEBI registered advisor in the name of Finvantage Investment Advisor Pvt Ltd. 10. In-built customer support section or directly email them on support@groww.in. 11.Groww also has a live chat option. 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.Dilution in the name of diversification. 2.Due to higher cost of some mutual funds, so mutual funds charge for managing the funds, fund manager salary, distribution cost etc. 3.It does not suit customers with unpredictable cash flows. 4.Customer is unable to analyse funds technically and in-depth. 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

Groww Vs GCL Securities - Background

Groww GCL Securities

Groww Vs GCL Securities - Compare All Brokers

Groww GCL Securities

Groww Vs GCL Securities - STT/CTT

Groww GCL Securities
Commodity Futures N/A 0.01% on sell side (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% on the Sell Side
Equity Options 0.05% only on sell 0.05% on Sell Side(on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on both Buy and Sell
Equity Futures 0.01% only on sell 0.01% on Sell Side
Commodity Options N/A 0.05% on sell side

Groww Vs GCL Securities - Demat transaction charges

Groww GCL Securities
Equity Demat Transaction Charges ₹13.5 Gst per scrip per day only on sell ₹11 + GST per scrip only on sell

Groww Vs GCL Securities - GST

Groww GCL Securities
Equity/Currencies/Commodities ( Delivery & FNO) 18% ( Brokerage + Transaction charges) 18% on (brokerage + transaction charges)

Groww Vs GCL Securities - SEBI Charges

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

Groww Vs GCL Securities - Account Opening & AMC Charges

Groww
GCL Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹300 + GST (One Time Charges)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
 
Call Back Open Account

Groww Vs GCL Securities

Groww GCL Securities
 

Groww Review | Brokerage Charges, Account Opening


Groww is an Indian SEBI registered stockbroker that targets first time investor and millennials. Groww established in April 2016 in Bangalore as a brand of Nextbillion Technology Private Limited. In the mid of 2024s, Groww broker review has expanded its services and started stocks investing service on its platform. Groww application ..
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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

Groww Vs GCL Securities - Brokerage charges & Plans

Groww GCL Securities
Commodity Futures N/A ₹20/Order
Currency Futures N/A ₹20/Order
Equity Delivery ₹20/ Order or 0.05% (whichever is lower) ₹20/Order
Equity Options ₹20/ Order or 0.05% (whichever is lower) ₹20/Order
Commodity Options N/A ₹20/Order
Equity Futures ₹20/ Order or 0.05% (whichever is lower) ₹20/Order
Currency Options N/A ₹20/Order
Fixed Charges ₹20/ Order ₹20/Order
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) ₹20/Order
Call Back Open Account

Groww Vs GCL Securities - Margin (Exposure)

Groww GCL Securities
Equity Options 1x 1x (100% of NRML margin (Span + Exposure)
Equity Intraday 5x 5x (Up to 20% of trade value)
Currency Options N/A 1x (100% of NRML margin (Span + Exposure)
Commodity Options N/A 1x (100% of NRML margin (Span + Exposure)
Commodity Futures N/A 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (no margin) 1x (100% of trade value)
Currency Futures N/A 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x 1x (100% of NRML margin (Span + Exposure)
Call Back Open Account

Groww Vs GCL Securities - Other Charges

Groww GCL Securities
RMS Square Off Charge ₹50/ Order ₹0 (Free)
API Charges ₹0 (Free) N/A
Call & Trade Charges N/A ₹50/Order
Other Brokerage Charges ₹20/ Order or 0.05% ₹20/ Order
Minimum Brokerage ₹20/ Order ₹20/ Order

Groww Vs GCL Securities - STT/CTT

Groww GCL Securities
Commodity Futures N/A 0.01% on sell side (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% on the Sell Side
Equity Options 0.05% only on sell 0.05% on Sell Side(on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on both Buy and Sell
Equity Futures 0.01% only on sell 0.01% on Sell Side
Commodity Options N/A 0.05% on sell side

Groww Vs GCL Securities - Demat transaction charges

Groww GCL Securities
Equity Demat Transaction Charges ₹13.5 Gst per scrip per day only on sell ₹11 + GST per scrip only on sell

Groww Vs GCL Securities - GST

Groww GCL Securities
Equity/Currencies/Commodities ( Delivery & FNO) 18% ( Brokerage + Transaction charges) 18% on (brokerage + transaction charges)

Groww Vs GCL Securities - SEBI Charges

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

Groww Vs GCL Securities - Features

Groww 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:- 4:30 PM | Commodity:- 11:25 PM Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM
Trading Platform Groww Web (Browser based trading website) , Groww Mobile Application 1.GCL Trade 2.GCL Trade 3.GCL Sanchay 4.GCL Back Office
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Groww

GCL Securities