Elite Wealth Vs GCL Securities
Elite Wealth
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
Elite Wealth Vs GCL Securities - Broker Details
| Elite Wealth | GCL Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1990 | 1996 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE |
| Branches | N/A | 7+ |
| Brokerage | 0.03% | ₹20/Order |
| Broker Type | Full Service Broker | Full Service Broker |
Elite Wealth Vs GCL Securities - Account Opening & AMC Charges
| Elite Wealth | GCL Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹300 + GST (One Time Charges) |
| Demat Account AMC | First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Elite Wealth Vs GCL Securities - Brokerage charges & Plans
| Elite Wealth | GCL Securities | |
|---|---|---|
| Commodity Futures | 0.03% | ₹20/Order |
| Currency Futures | 0.03% | ₹20/Order |
| Equity Delivery | 0.33% | ₹20/Order |
| Equity Options | ₹33 per Lot | ₹20/Order |
| Commodity Options | 0.03% | ₹20/Order |
| Equity Futures | 0.03% | ₹20/Order |
| Currency Options | ₹33 per Lot | ₹20/Order |
| Fixed Charges | 0.03% | ₹20/Order |
| Equity Intraday | 0.03% | ₹20/Order |
Elite Wealth Vs GCL Securities - Other Charges
| Elite Wealth | GCL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹50/Order |
| Other Brokerage Charges | 0.03% | ₹20/ Order |
| Minimum Brokerage | 0.03% | ₹20/ Order |
Elite Wealth Vs GCL Securities - Transaction Charges
| Elite Wealth | GCL Securities | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | NSE ₹110/Cr (0.0011%) |
| Equity Futures | NSE: 0.00195% on Total Turnover value | NSE ₹190/Cr (0.0019%) |
| Equity Intraday | 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% | NSE ₹325/Cr (0.00325%) | BSE ₹275/Cr (0.00275%) |
| Equity Options | NSE: 0.053% on Premium value | NSE ₹5000/Cr (0.05%) |
| Commodity | 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 | MCX ₹260/Cr (0.0026%) | NCDEX ₹600/Cr (0.006%) |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% | NSE ₹110/Cr (0.0011%) |
| Equity Delivery | 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% | NSE ₹325/Cr (0.00325%) | BSE ₹275/Cr (0.00275%) |
Elite Wealth Vs GCL Securities - Margin (Exposure)
| Elite Wealth | GCL Securities | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Elite Wealth Vs GCL Securities - Features
| Elite Wealth | 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:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform | 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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Elite Wealth Vs GCL Securities - Review & Rating
| Elite Wealth | GCL Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Elite Wealth Vs GCL Securities - Request a call back from Broker
| Elite Wealth | GCL Securities | |
|---|---|---|
Elite Wealth Vs GCL Securities - Investment Options
| Elite Wealth | 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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Elite Wealth Vs GCL Securities - Order Type
| Elite Wealth | 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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Elite Wealth Vs GCL Securities - Research & Report
| Elite Wealth | 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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Elite Wealth Vs GCL Securities - Daily Market Report
| Elite Wealth | GCL Securities | |
|---|---|---|
| Daily Market Reports & News |
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Elite Wealth Vs GCL Securities - Suitable For Investor
| Elite Wealth | GCL Securities | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Elite Wealth Vs GCL Securities - Pros & Cons
| Elite Wealth | GCL Securities | |
|---|---|---|
| Pros | 1. It is a full-service broker 2. It provides equity and Mutual Fund research and recommendation services to all its customers. 3. Excellent Research 4. Call n Trade Facility 5. It facilitates its customers with a RM (Relationship Manager). 6. It offers Upcoming IPO updates 7. Online access to the account on all days | 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. Brokerage charges are high as compared to the discount brokers. 2. It does not provide three-in-one account and does not have banking license. 3. Risk of Overtrading. | 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 |
Elite Wealth Vs GCL Securities - Background
| Elite Wealth | GCL Securities | |
|---|---|---|
Elite Wealth Vs GCL Securities - Compare All Brokers
| Elite Wealth | GCL Securities | |
|---|---|---|
Elite Wealth Vs GCL Securities - STT/CTT
| Elite Wealth | 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 Sell | 0.025% on the Sell Side |
| Equity Options | 0.05% on Sell (on Premium) | 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 % on Sell | 0.01% on Sell Side |
| Commodity Options | 0.05% on Sell Side | 0.05% on sell side |
Elite Wealth Vs GCL Securities - Demat transaction charges
| Elite Wealth | GCL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | ₹11 + GST per scrip only on sell |
Elite Wealth Vs GCL Securities - GST
| Elite Wealth | GCL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (brokerage + transaction charges) |
Elite Wealth Vs GCL Securities - SEBI Charges
| Elite Wealth | GCL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Elite Wealth Vs GCL Securities - Account Opening & AMC Charges
Elite Wealth
GCL Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹300 + GST (One Time Charges)
Demat Account AMC
First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Elite Wealth Vs GCL Securities
| Elite Wealth | GCL Securities | |
|---|---|---|
Elite Wealth Review | Products and Trading Platforms |
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
Elite Wealth Vs GCL Securities - Brokerage charges & Plans
| Elite Wealth | GCL Securities | |
|---|---|---|
| Commodity Futures | 0.03% | ₹20/Order |
| Currency Futures | 0.03% | ₹20/Order |
| Equity Delivery | 0.33% | ₹20/Order |
| Equity Options | ₹33 per Lot | ₹20/Order |
| Commodity Options | 0.03% | ₹20/Order |
| Equity Futures | 0.03% | ₹20/Order |
| Currency Options | ₹33 per Lot | ₹20/Order |
| Fixed Charges | 0.03% | ₹20/Order |
| Equity Intraday | 0.03% | ₹20/Order |
Elite Wealth Vs GCL Securities - Margin (Exposure)
| Elite Wealth | GCL Securities | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Elite Wealth Vs GCL Securities - Other Charges
| Elite Wealth | GCL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹50/Order |
| Other Brokerage Charges | 0.03% | ₹20/ Order |
| Minimum Brokerage | 0.03% | ₹20/ Order |
Elite Wealth Vs GCL Securities - STT/CTT
| Elite Wealth | 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 Sell | 0.025% on the Sell Side |
| Equity Options | 0.05% on Sell (on Premium) | 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 % on Sell | 0.01% on Sell Side |
| Commodity Options | 0.05% on Sell Side | 0.05% on sell side |
Elite Wealth Vs GCL Securities - Demat transaction charges
| Elite Wealth | GCL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | ₹11 + GST per scrip only on sell |
Elite Wealth Vs GCL Securities - GST
| Elite Wealth | GCL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (brokerage + transaction charges) |
Elite Wealth Vs GCL Securities - SEBI Charges
| Elite Wealth | GCL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Elite Wealth Vs GCL Securities - Features
| Elite Wealth | 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:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform | 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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