GCL Securities Vs Progressive Share Brokers
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
Progressive Share Brokers
Progressive Share Brokers Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
GCL Securities Vs Progressive Share Brokers - Broker Details
| GCL Securities | Progressive Share Brokers | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 1996 | 1996 |
| Exchanges | NSE, BSE | NSE, BSE, MCX and NCDEX |
| Branches | 7+ | 3 |
| Brokerage | ₹20/Order | 0.04% per order |
| Broker Type | Full Service Broker | Full Service Broker |
GCL Securities Vs Progressive Share Brokers - Account Opening & AMC Charges
| GCL Securities | Progressive Share Brokers | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹300 + GST (One Time Charges) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹250 per Year |
| Trading Account AMC | ₹0 (Free) | NA |
GCL Securities Vs Progressive Share Brokers - Brokerage charges & Plans
| GCL Securities | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | ₹20/Order | 0.04% per order |
| Currency Futures | ₹20/Order | 0.04% per order |
| Equity Delivery | ₹20/Order | 0.35% per order |
| Equity Options | ₹20/Order | ₹35 per lot |
| Commodity Options | ₹20/Order | ₹35 per lot |
| Equity Futures | ₹20/Order | 0.04% per order |
| Currency Options | ₹20/Order | ₹15 per lot |
| Fixed Charges | ₹20/Order | 0.04% per order |
| Equity Intraday | ₹20/Order | 0.04% per order |
GCL Securities Vs Progressive Share Brokers - Other Charges
| GCL Securities | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per order |
| API Charges | N/A | Free API |
| Call & Trade Charges | ₹50/Order | Rs. 20 (+ GST) |
| Other Brokerage Charges | ₹20/ Order | 0.04% per order |
| Minimum Brokerage | ₹20/ Order | 0.04% per order |
GCL Securities Vs Progressive Share Brokers - Transaction Charges
| GCL Securities | Progressive Share Brokers | |
|---|---|---|
| Currency Options | NSE ₹110/Cr (0.0011%) | Exchange txn charge: 0.035% |
| Equity Futures | NSE ₹190/Cr (0.0019%) | NSE: 0.0019% |
| Equity Intraday | NSE ₹325/Cr (0.00325%) | BSE ₹275/Cr (0.00275%) | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | NSE ₹5000/Cr (0.05%) | NSE: 0.05% (on premium) |
| Commodity | MCX ₹260/Cr (0.0026%) | NCDEX ₹600/Cr (0.006%) | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | NSE ₹110/Cr (0.0011%) | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | NSE ₹325/Cr (0.00325%) | BSE ₹275/Cr (0.00275%) | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
GCL Securities Vs Progressive Share Brokers - Margin (Exposure)
| GCL Securities | Progressive Share Brokers | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure)) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
GCL Securities Vs Progressive Share Brokers - Features
| GCL Securities | Progressive Share Brokers | |
|---|---|---|
| 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:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1.GCL Trade 2.GCL Trade 3.GCL Sanchay 4.GCL Back Office | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
GCL Securities Vs Progressive Share Brokers - Review & Rating
| GCL Securities | Progressive Share Brokers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
GCL Securities Vs Progressive Share Brokers - Request a call back from Broker
| GCL Securities | Progressive Share Brokers | |
|---|---|---|
GCL Securities Vs Progressive Share Brokers - Investment Options
| GCL Securities | Progressive Share Brokers | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
GCL Securities Vs Progressive Share Brokers - Order Type
| GCL Securities | Progressive Share Brokers | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
GCL Securities Vs Progressive Share Brokers - Research & Report
| GCL Securities | Progressive Share Brokers | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
GCL Securities Vs Progressive Share Brokers - Daily Market Report
| GCL Securities | Progressive Share Brokers | |
|---|---|---|
| Daily Market Reports & News |
|
|
GCL Securities Vs Progressive Share Brokers - Suitable For Investor
| GCL Securities | Progressive Share Brokers | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
GCL Securities Vs Progressive Share Brokers - Pros & Cons
| GCL Securities | Progressive Share Brokers | |
|---|---|---|
| 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. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features |
| 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. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches |
GCL Securities Vs Progressive Share Brokers - Background
| GCL Securities | Progressive Share Brokers | |
|---|---|---|
GCL Securities Vs Progressive Share Brokers - Compare All Brokers
| GCL Securities | Progressive Share Brokers | |
|---|---|---|
GCL Securities Vs Progressive Share Brokers - STT/CTT
| GCL Securities | Progressive Share Brokers | |
|---|---|---|
| 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) | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
GCL Securities Vs Progressive Share Brokers - Demat transaction charges
| GCL Securities | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹11 + GST per scrip only on sell | ₹10 per request |
GCL Securities Vs Progressive Share Brokers - GST
| GCL Securities | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
GCL Securities Vs Progressive Share Brokers - SEBI Charges
| GCL Securities | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
GCL Securities Vs Progressive Share Brokers - Account Opening & AMC Charges
GCL Securities
Progressive Share Brokers
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹300 + GST (One Time Charges)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹250 per Year
Trading Account AMC
₹0 (Free)
NA
GCL Securities Vs Progressive Share Brokers
| GCL Securities | Progressive Share Brokers | |
|---|---|---|
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 "+ Progressive Share Brokers |
Progressive Share Brokers Account Opening Process and Charges |
|
|
|
|
|
Progressive Share Brokers
Progressive Share Brokers Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
GCL Securities Vs Progressive Share Brokers - Brokerage charges & Plans
| GCL Securities | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | ₹20/Order | 0.04% per order |
| Currency Futures | ₹20/Order | 0.04% per order |
| Equity Delivery | ₹20/Order | 0.35% per order |
| Equity Options | ₹20/Order | ₹35 per lot |
| Commodity Options | ₹20/Order | ₹35 per lot |
| Equity Futures | ₹20/Order | 0.04% per order |
| Currency Options | ₹20/Order | ₹15 per lot |
| Fixed Charges | ₹20/Order | 0.04% per order |
| Equity Intraday | ₹20/Order | 0.04% per order |
GCL Securities Vs Progressive Share Brokers - Margin (Exposure)
| GCL Securities | Progressive Share Brokers | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure)) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
GCL Securities Vs Progressive Share Brokers - Other Charges
| GCL Securities | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per order |
| API Charges | N/A | Free API |
| Call & Trade Charges | ₹50/Order | Rs. 20 (+ GST) |
| Other Brokerage Charges | ₹20/ Order | 0.04% per order |
| Minimum Brokerage | ₹20/ Order | 0.04% per order |
GCL Securities Vs Progressive Share Brokers - STT/CTT
| GCL Securities | Progressive Share Brokers | |
|---|---|---|
| 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) | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
GCL Securities Vs Progressive Share Brokers - Demat transaction charges
| GCL Securities | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹11 + GST per scrip only on sell | ₹10 per request |
GCL Securities Vs Progressive Share Brokers - GST
| GCL Securities | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
GCL Securities Vs Progressive Share Brokers - SEBI Charges
| GCL Securities | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
GCL Securities Vs Progressive Share Brokers - Features
| GCL Securities | Progressive Share Brokers | |
|---|---|---|
| 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:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1.GCL Trade 2.GCL Trade 3.GCL Sanchay 4.GCL Back Office | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|