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Quick Comparision (GCL Securities VS Upstox)

 
 

GCL Securities Vs Upstox

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

Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.

GCL Securities Vs Upstox - Broker Details

GCL Securities Upstox
Single Margin Facility
Year of Incorporation 1996 2009
Exchanges NSE, BSE BSE, NSE and MCX
Branches 7+ Zero
Brokerage ₹20/Order ₹20/ Order or 0.05% (Whichever is lower)
Broker Type Full Service Broker Discount Broker
Call Back Open Account

GCL Securities Vs Upstox - Account Opening & AMC Charges

GCL Securities Upstox
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)
Trading Account AMC ₹0 (Free) ₹0 (Free)
Call Back Open Account

GCL Securities Vs Upstox - Brokerage charges & Plans

GCL Securities Upstox
Commodity Futures ₹20/Order ₹20/ Order or 0.05% (whichever is lower)
Currency Futures ₹20/Order ₹20/ Order or 0.05% (whichever is lower)
Equity Delivery ₹20/Order ₹20/ Order or 2.5% (whichever is lower)
Equity Options ₹20/Order ₹20/ Order
Commodity Options ₹20/Order ₹20/ Order
Equity Futures ₹20/Order ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹20/Order ₹20/ Order
Fixed Charges ₹20/Order ₹20/ Order
Equity Intraday ₹20/Order ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account

GCL Securities Vs Upstox - Other Charges

GCL Securities Upstox
RMS Square Off Charge ₹0 (Free) (₹50 + GST)
API Charges N/A ₹0 (Free)
Call & Trade Charges ₹50/Order (₹50 + GST)
Other Brokerage Charges ₹20/ Order ₹20/ Order or 0.05% ( Whichever is lower)
Minimum Brokerage ₹20/ Order ₹20/ Order
Call Back Open Account

GCL Securities Vs Upstox - Transaction Charges

GCL Securities Upstox
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: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002%
Equity Intraday NSE ₹325/Cr (0.00325%) | BSE ₹275/Cr (0.00275%) NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group
Equity Options NSE ₹5000/Cr (0.05%) NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005%
Commodity MCX ₹260/Cr (0.0026%) | NCDEX ₹600/Cr (0.006%) Non-Agri: Exchange turnover charge: 0.0026%
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: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group
Call Back Open Account

GCL Securities Vs Upstox - Margin (Exposure)

GCL Securities Upstox
Equity Options 1x (100% of NRML margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
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 margins(SPAN + Exposure)
Commodity Options 1x (100% of NRML margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (100% of trade value) 1x (no margin)
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 Upstox - Features

GCL Securities Upstox
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 Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM
Trading Platform 1.GCL Trade 2.GCL Trade 3.GCL Sanchay 4.GCL Back Office 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

GCL Securities Vs Upstox - Review & Rating

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

GCL Securities Vs Upstox - Request a call back from Broker

GCL Securities Upstox
Call Back Open Account

GCL Securities Vs Upstox - Investment Options

GCL Securities Upstox
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
Call Back Open Account

GCL Securities Vs Upstox - Order Type

GCL Securities Upstox
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 Upstox - Research & Report

GCL Securities Upstox
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
Call Back Open Account

GCL Securities Vs Upstox - Daily Market Report

GCL Securities Upstox
Daily Market Reports & News
Call Back Open Account

GCL Securities Vs Upstox - Suitable For Investor

GCL Securities Upstox
Casual Investor
Active Investor
Trader
Call Back Open Account

GCL Securities Vs Upstox - Pros & Cons

GCL Securities Upstox
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.Brokerage free trading in Equity delivery segment. 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4. Availability of stop loss in both web and mobile. 5. Availability of multiple indicators to monitor market. 6. Upstox bridge for Amibroker helps to code and execute the trading strategies. 7. Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. 8.Availability of Margin against shares.
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. Unavailability of unlimited monthly trading plans. 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades.
Call Back Open Account

GCL Securities Vs Upstox - Background

GCL Securities Upstox
Call Back Open Account

GCL Securities Vs Upstox - Compare All Brokers

GCL Securities Upstox
Call Back Open Account

GCL Securities Vs Upstox - STT/CTT

GCL Securities Upstox
Commodity Futures 0.01% on sell side (Non-Agri) 0.01% on sell trade (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% on the Sell Side 0.025% only on sell
Equity Options 0.05% on Sell Side(on Premium) 0.05% only on sell
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% only on sell
Commodity Options 0.05% on sell side 0.05% on sell trade
Call Back Open Account

GCL Securities Vs Upstox - Demat transaction charges

GCL Securities Upstox
Equity Demat Transaction Charges ₹11 + GST per scrip only on sell Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell
Call Back Open Account

GCL Securities Vs Upstox - GST

GCL Securities Upstox
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (brokerage + transaction charges) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges)
Call Back Open Account

GCL Securities Vs Upstox - SEBI Charges

GCL Securities Upstox
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore
Call Back Open Account

GCL Securities Vs Upstox - Account Opening & AMC Charges

GCL Securities
Upstox
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)
Trading Account AMC
₹0 (Free)
₹0 (Free)
 
Call Back Open Account

GCL Securities Vs Upstox

GCL Securities Upstox
 

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 ..
+ " Vs "+ Upstox
Read more..

Upstox Review 2024 - Brokerage Charges, Account Opening, Margin

Upstox (which was earlier known as RKSV securities) is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.

Read more..
 
 

Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.

GCL Securities Vs Upstox - Brokerage charges & Plans

GCL Securities Upstox
Commodity Futures ₹20/Order ₹20/ Order or 0.05% (whichever is lower)
Currency Futures ₹20/Order ₹20/ Order or 0.05% (whichever is lower)
Equity Delivery ₹20/Order ₹20/ Order or 2.5% (whichever is lower)
Equity Options ₹20/Order ₹20/ Order
Commodity Options ₹20/Order ₹20/ Order
Equity Futures ₹20/Order ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹20/Order ₹20/ Order
Fixed Charges ₹20/Order ₹20/ Order
Equity Intraday ₹20/Order ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account

GCL Securities Vs Upstox - Margin (Exposure)

GCL Securities Upstox
Equity Options 1x (100% of NRML margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
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 margins(SPAN + Exposure)
Commodity Options 1x (100% of NRML margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (100% of trade value) 1x (no margin)
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 Upstox - Other Charges

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

GCL Securities Vs Upstox - STT/CTT

GCL Securities Upstox
Commodity Futures 0.01% on sell side (Non-Agri) 0.01% on sell trade (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% on the Sell Side 0.025% only on sell
Equity Options 0.05% on Sell Side(on Premium) 0.05% only on sell
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% only on sell
Commodity Options 0.05% on sell side 0.05% on sell trade

GCL Securities Vs Upstox - Demat transaction charges

GCL Securities Upstox
Equity Demat Transaction Charges ₹11 + GST per scrip only on sell Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell

GCL Securities Vs Upstox - GST

GCL Securities Upstox
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (brokerage + transaction charges) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges)

GCL Securities Vs Upstox - SEBI Charges

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

GCL Securities Vs Upstox - Features

GCL Securities Upstox
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 Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM
Trading Platform 1.GCL Trade 2.GCL Trade 3.GCL Sanchay 4.GCL Back Office 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

GCL Securities

Upstox