Groww Vs GCL Securities
Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww 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
Groww Vs GCL Securities - Broker Details
| Groww | GCL Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | 1996 |
| Exchanges | NSE and BSE. | NSE, BSE |
| Branches | Zero | 7+ |
| Brokerage | ₹20/ Order | ₹20/Order |
| Broker Type | Discount Broker | Full Service Broker |
| Call Back Open Account |
Groww Vs GCL Securities - Account Opening & AMC Charges
| Groww | GCL Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹300 + GST (One Time Charges) |
| Demat Account AMC | ₹0 (Free) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Groww Vs GCL Securities - Brokerage charges & Plans
| Groww | GCL Securities | |
|---|---|---|
| Commodity Futures | N/A | ₹20/Order |
| Currency Futures | N/A | ₹20/Order |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | ₹20/Order |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹20/Order |
| Commodity Options | N/A | ₹20/Order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20/Order |
| Currency Options | N/A | ₹20/Order |
| Fixed Charges | ₹20/ Order | ₹20/Order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹20/Order |
| Call Back Open Account |
Groww Vs GCL Securities - Other Charges
| Groww | GCL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | N/A | ₹50/Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹20/ Order |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
| Call Back Open Account |
Groww Vs GCL Securities - Transaction Charges
| Groww | GCL Securities | |
|---|---|---|
| Currency Options | N/A | NSE ₹110/Cr (0.0011%) |
| Equity Futures | NSE:- 0.002% | NSE ₹190/Cr (0.0019%) |
| Equity Intraday | NSE:- 0.00345% | BSE:- 0.00345% | NSE ₹325/Cr (0.00325%) | BSE ₹275/Cr (0.00275%) |
| Equity Options | NSE:- 0.053% on premium | NSE ₹5000/Cr (0.05%) |
| Commodity | N/A | MCX ₹260/Cr (0.0026%) | NCDEX ₹600/Cr (0.006%) |
| Currency Futures | N/A | NSE ₹110/Cr (0.0011%) |
| Equity Delivery | NSE:- 0.00345% | BSE:-0.00345% | NSE ₹325/Cr (0.00325%) | BSE ₹275/Cr (0.00275%) |
| Call Back Open Account |
Groww Vs GCL Securities - Margin (Exposure)
| Groww | GCL Securities | |
|---|---|---|
| Equity Options | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x | 5x (Up to 20% of trade value) |
| Currency Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Groww Vs GCL Securities - Features
| Groww | 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:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 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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| Call Back Open Account |
Groww Vs GCL Securities - Review & Rating
| Groww | GCL Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Groww Vs GCL Securities - Request a call back from Broker
| Groww | GCL Securities | |
|---|---|---|
| Call Back Open Account |
Groww Vs GCL Securities - Investment Options
| Groww | GCL Securities | |
|---|---|---|
| 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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| Call Back Open Account |
Groww Vs GCL Securities - Order Type
| Groww | GCL Securities | |
|---|---|---|
| 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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| Call Back Open Account |
Groww Vs GCL Securities - Research & Report
| Groww | GCL Securities | |
|---|---|---|
| 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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| Call Back Open Account |
Groww Vs GCL Securities - Daily Market Report
| Groww | GCL Securities | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Groww Vs GCL Securities - Suitable For Investor
| Groww | GCL Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Groww Vs GCL Securities - Pros & Cons
| Groww | GCL Securities | |
|---|---|---|
| Pros | 1.Commission free investment for customer. 2.Transparent without any hidden charges. 3. Upto 1.5% extra returns on direct mutual funds. 4.Provide facility to invest in US stocks, Gold and ETFs. 5.Online IPO application. 6.Zero charges on direct mutual funds 7. Very simple and intuitive UI. 8. Offers a wide range of premium features. 9.SEBI registered advisor in the name of Finvantage Investment Advisor Pvt Ltd. 10. In-built customer support section or directly email them on support@groww.in. 11.Groww also has a live chat option. | 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.Dilution in the name of diversification. 2.Due to higher cost of some mutual funds, so mutual funds charge for managing the funds, fund manager salary, distribution cost etc. 3.It does not suit customers with unpredictable cash flows. 4.Customer is unable to analyse funds technically and in-depth. | 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 |
| Call Back Open Account |
Groww Vs GCL Securities - Background
| Groww | GCL Securities | |
|---|---|---|
| Call Back Open Account |
Groww Vs GCL Securities - Compare All Brokers
| Groww | GCL Securities | |
|---|---|---|
| Call Back Open Account |
Groww Vs GCL Securities - STT/CTT
| Groww | GCL Securities | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
| Equity Options | 0.05% only on sell | 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% only on sell | 0.01% on Sell Side |
| Commodity Options | N/A | 0.05% on sell side |
| Call Back Open Account |
Groww Vs GCL Securities - Demat transaction charges
| Groww | GCL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹11 + GST per scrip only on sell |
| Call Back Open Account |
Groww Vs GCL Securities - GST
| Groww | GCL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (brokerage + transaction charges) |
| Call Back Open Account |
Groww Vs GCL Securities - SEBI Charges
| Groww | GCL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Groww Vs GCL Securities - Account Opening & AMC Charges
Groww
GCL Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹300 + GST (One Time Charges)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Groww Vs GCL Securities
| Groww | GCL Securities | |
|---|---|---|
Groww Review | Brokerage Charges, Account OpeningGroww is an Indian SEBI registered stockbroker that targets first time investor and millennials. Groww established in April 2016 in Bangalore as a brand of Nextbillion Technology Private Limited. In the mid of 2024s, Groww broker review has expanded its services and started stocks investing service on its platform. Groww application .. + " 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
Groww Vs GCL Securities - Brokerage charges & Plans
| Groww | GCL Securities | |
|---|---|---|
| Commodity Futures | N/A | ₹20/Order |
| Currency Futures | N/A | ₹20/Order |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | ₹20/Order |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹20/Order |
| Commodity Options | N/A | ₹20/Order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20/Order |
| Currency Options | N/A | ₹20/Order |
| Fixed Charges | ₹20/ Order | ₹20/Order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹20/Order |
| Call Back Open Account |
Groww Vs GCL Securities - Margin (Exposure)
| Groww | GCL Securities | |
|---|---|---|
| Equity Options | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x | 5x (Up to 20% of trade value) |
| Currency Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Groww Vs GCL Securities - Other Charges
| Groww | GCL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | N/A | ₹50/Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹20/ Order |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
| Call Back Open Account |
Groww Vs GCL Securities - STT/CTT
| Groww | GCL Securities | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
| Equity Options | 0.05% only on sell | 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% only on sell | 0.01% on Sell Side |
| Commodity Options | N/A | 0.05% on sell side |
| Call Back Open Account |
Groww Vs GCL Securities - Demat transaction charges
| Groww | GCL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹11 + GST per scrip only on sell |
| Call Back Open Account |
Groww Vs GCL Securities - GST
| Groww | GCL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (brokerage + transaction charges) |
| Call Back Open Account |
Groww Vs GCL Securities - SEBI Charges
| Groww | GCL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Groww Vs GCL Securities - Features
| Groww | 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:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 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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| Call Back Open Account |