GCL Securities Vs IIFL 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
IIFL Securities
IIFL securities is a full service Broker. IIFL 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 IIFL Securities - Broker Details
GCL Securities | IIFL Securities | |
---|---|---|
Single Margin Facility | ||
Year of Incorporation | 1996 | 1995 |
Exchanges | NSE, BSE | NSE, BSE, MCX and NCDEX |
Branches | 7+ | 2000+ |
Brokerage | ₹20/Order | ₹20/ Order |
Broker Type | Full Service Broker | Full Service Broker |
Call Back Open Account |
GCL Securities Vs IIFL Securities - Account Opening & AMC Charges
GCL Securities | IIFL 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) | ₹0 (Free) for the first year | ₹250 + GST from the next year onwards |
Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Call Back Open Account |
GCL Securities Vs IIFL Securities - Brokerage charges & Plans
GCL Securities | IIFL Securities | |
---|---|---|
Commodity Futures | ₹20/Order | ₹20/ Order |
Currency Futures | ₹20/Order | ₹20/ Order |
Equity Delivery | ₹20/Order | ₹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 |
GCL Securities Vs IIFL Securities - Other Charges
GCL Securities | IIFL Securities | |
---|---|---|
RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
API Charges | N/A | ₹0 (Free) |
Call & Trade Charges | ₹50/Order | ₹0 (Free) |
Other Brokerage Charges | ₹20/ Order | ₹20/ Order |
Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Call Back Open Account |
GCL Securities Vs IIFL Securities - Transaction Charges
GCL Securities | IIFL Securities | |
---|---|---|
Currency Options | NSE ₹110/Cr (0.0011%) | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
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: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group | Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
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 Followers Scrip: 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: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
Equity Delivery | NSE ₹325/Cr (0.00325%) | BSE ₹275/Cr (0.00275%) | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
Call Back Open Account |
GCL Securities Vs IIFL Securities - Margin (Exposure)
GCL Securities | IIFL 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 |
GCL Securities Vs IIFL Securities - Features
GCL Securities | IIFL 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:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
Trading Platform | 1.GCL Trade 2.GCL Trade 3.GCL Sanchay 4.GCL Back Office | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account |
GCL Securities Vs IIFL Securities - Review & Rating
GCL Securities | IIFL Securities | |
---|---|---|
Trading Brokerage | ||
Customer Service | ||
Fees | ||
Trading Platform Usability | ||
Mobile App | ||
Research | ||
Desktop Software | ||
Overall Ratings | ||
Broker Rating | ||
Call Back Open Account |
GCL Securities Vs IIFL Securities - Request a call back from Broker
GCL Securities | IIFL Securities | |
---|---|---|
Call Back Open Account |
GCL Securities Vs IIFL Securities - Investment Options
GCL Securities | IIFL Securities | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account |
GCL Securities Vs IIFL Securities - Order Type
GCL Securities | IIFL Securities | |
---|---|---|
Bracket Order/BO/OCO | ||
BTST | ||
Cover Order/CO | ||
Good Till Cancelled (GTC) | ||
BUY ABOVE/SELL BELOW (SL-M) | ||
After Market Order(AMO) | ||
STBT | ||
Call Back Open Account |
GCL Securities Vs IIFL Securities - Research & Report
GCL Securities | IIFL Securities | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account |
GCL Securities Vs IIFL Securities - Daily Market Report
GCL Securities | IIFL Securities | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account |
GCL Securities Vs IIFL Securities - Suitable For Investor
GCL Securities | IIFL Securities | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account |
GCL Securities Vs IIFL Securities - Pros & Cons
GCL Securities | IIFL 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. It is a full-service broker that has an extended network of branches to guide and help the customers online as well as offline. 2. It provides equity and Mutual Fund research and recommendation services to all its customers. 3. It provides the best trading terminal to its customers. 4. It has a vast range of financial products that includes stocks, derivatives, bonds, IPO, Mutual Funds, Corporate FDs and Insurance. 5. It facilitates its customers with a RM (Relationship Manager). 6. It offers Equity Systematic Investment Plan I.e. Equity SIP. 7. It provides advanced order type like Valid till Date (VTD). |
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. Brokerage charges are high as compared to the discount brokers. 2. It does not provide three-in-one account since IIFL does not have banking license. 3. It does not provide the facility of Mutual funds. |
Call Back Open Account |
GCL Securities Vs IIFL Securities - Background
GCL Securities | IIFL Securities | |
---|---|---|
Call Back Open Account |
GCL Securities Vs IIFL Securities - Compare All Brokers
GCL Securities | IIFL Securities | |
---|---|---|
Call Back Open Account |
GCL Securities Vs IIFL Securities - STT/CTT
GCL Securities | IIFL 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 Sell |
Equity Options | 0.05% on Sell Side(on Premium) | 0.05% 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 % on Sell |
Commodity Options | 0.05% on sell side | 0.05% on Sell Side |
Call Back Open Account |
GCL Securities Vs IIFL Securities - Demat transaction charges
GCL Securities | IIFL Securities | |
---|---|---|
Equity Demat Transaction Charges | ₹11 + GST per scrip only on sell | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Call Back Open Account |
GCL Securities Vs IIFL Securities - GST
GCL Securities | IIFL Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
Call Back Open Account |
GCL Securities Vs IIFL Securities - SEBI Charges
GCL Securities | IIFL Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Call Back Open Account |
GCL Securities Vs IIFL Securities - Account Opening & AMC Charges
GCL Securities Vs IIFL Securities
GCL Securities | IIFL 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 "+ IIFL Securities |
IIFL Securities Review | Features and Brokerage PlansIIFL Securities is a part of IIFL Group. IIFL group was incorporated in the year 1995 while IIFL Securities was incorporated in the year 1996. It is among the largest independent full-service stock broker house that serves various retail and institutional clients. The IIFL group is the leading financial s .. |
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IIFL Securities
IIFL securities is a full service Broker. IIFL 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 IIFL Securities - Brokerage charges & Plans
GCL Securities | IIFL Securities | |
---|---|---|
Commodity Futures | ₹20/Order | ₹20/ Order |
Currency Futures | ₹20/Order | ₹20/ Order |
Equity Delivery | ₹20/Order | ₹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 |
GCL Securities Vs IIFL Securities - Margin (Exposure)
GCL Securities | IIFL 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 |
GCL Securities Vs IIFL Securities - Other Charges
GCL Securities | IIFL Securities | |
---|---|---|
RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
API Charges | N/A | ₹0 (Free) |
Call & Trade Charges | ₹50/Order | ₹0 (Free) |
Other Brokerage Charges | ₹20/ Order | ₹20/ Order |
Minimum Brokerage | ₹20/ Order | ₹20/ Order |
GCL Securities Vs IIFL Securities - STT/CTT
GCL Securities | IIFL 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 Sell |
Equity Options | 0.05% on Sell Side(on Premium) | 0.05% 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 % on Sell |
Commodity Options | 0.05% on sell side | 0.05% on Sell Side |
GCL Securities Vs IIFL Securities - Demat transaction charges
GCL Securities | IIFL Securities | |
---|---|---|
Equity Demat Transaction Charges | ₹11 + GST per scrip only on sell | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
GCL Securities Vs IIFL Securities - GST
GCL Securities | IIFL Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
GCL Securities Vs IIFL Securities - SEBI Charges
GCL Securities | IIFL Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
GCL Securities Vs IIFL Securities - Features
GCL Securities | IIFL 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:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
Trading Platform | 1.GCL Trade 2.GCL Trade 3.GCL Sanchay 4.GCL Back Office | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account |