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