ICICI Direct Vs GCL Securities
ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about 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
ICICI Direct Vs GCL Securities - Broker Details
| ICICI Direct | GCL Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 1996 |
| Exchanges | BSE and NSE. | NSE, BSE |
| Branches | 250+ | 7+ |
| Brokerage | Prime Plan: ₹900/- | ₹20/Order |
| Broker Type | Full service Broker | Full Service Broker |
| Call Back Open Account |
ICICI Direct Vs GCL Securities - Account Opening & AMC Charges
| ICICI Direct | GCL Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹300 + GST (One Time Charges) |
| Demat Account AMC | ₹700 (From 2nd Year) | ₹300 for Neo Customers | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
ICICI Direct Vs GCL Securities - Brokerage charges & Plans
| ICICI Direct | GCL Securities | |
|---|---|---|
| Commodity Futures | ₹20/ Order | ₹20/Order |
| Currency Futures | ₹20/ Order | ₹20/Order |
| Equity Delivery | ₹0.09% | ₹20/Order |
| Equity Options | ₹20/ Order | ₹20/Order |
| Commodity Options | ₹20/ Order | ₹20/Order |
| Equity Futures | ₹20/ Order | ₹20/Order |
| Currency Options | ₹20/ Order | ₹20/Order |
| Fixed Charges | ₹20/ Order | ₹20/Order |
| Equity Intraday | ₹20/ Order | ₹20/Order |
| Call Back Open Account |
ICICI Direct Vs GCL Securities - Other Charges
| ICICI Direct | GCL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹50/ Order | ₹50/Order |
| Other Brokerage Charges | Prime Plan: ₹900/- | ₹20/ Order |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
| Call Back Open Account |
ICICI Direct Vs GCL Securities - Transaction Charges
| ICICI Direct | GCL Securities | |
|---|---|---|
| Currency Options | Exchange turnover charge: 0.04% |Clearing charge: 0.025% | 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% | NSE ₹5000/Cr (0.05%) |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | MCX ₹260/Cr (0.0026%) | NCDEX ₹600/Cr (0.006%) |
| Currency Futures | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | NSE ₹110/Cr (0.0011%) |
| Equity Delivery | 0.00345% trade on buy & sell | NSE ₹325/Cr (0.00325%) | BSE ₹275/Cr (0.00275%) |
| Call Back Open Account |
ICICI Direct Vs GCL Securities - Margin (Exposure)
| ICICI Direct | 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) |
| Call Back Open Account |
ICICI Direct Vs GCL Securities - Features
| ICICI Direct | 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: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 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 |
ICICI Direct Vs GCL Securities - Review & Rating
| ICICI Direct | GCL Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
ICICI Direct Vs GCL Securities - Request a call back from Broker
| ICICI Direct | GCL Securities | |
|---|---|---|
| Call Back Open Account |
ICICI Direct Vs GCL Securities - Investment Options
| ICICI Direct | 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 |
ICICI Direct Vs GCL Securities - Order Type
| ICICI Direct | 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 |
ICICI Direct Vs GCL Securities - Research & Report
| ICICI Direct | 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 |
ICICI Direct Vs GCL Securities - Daily Market Report
| ICICI Direct | GCL Securities | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
ICICI Direct Vs GCL Securities - Suitable For Investor
| ICICI Direct | GCL Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
ICICI Direct Vs GCL Securities - Pros & Cons
| ICICI Direct | GCL Securities | |
|---|---|---|
| Pros | 1. It facilitates its customers by providing an integrated three-in-one account. 2. ICICI direct manages the customer’s demat and bank accounts by transferring the money to the broker’s pool or toward deposits. 3. The investments can be made in online in IPOs, Mutual Funds, GOI Funds and the postal savings schemes all of it from one website. 4. It allows trading at both the national exchanges i.e. NSE and BSE. | 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 brokerage of ICICI direct is high and not negotiable. 2. It does not offer commodity trading. 3. The minimum brokerage as the standard I-Secure plan is ₹20/Order that is high for the traders making small trades. 4. ICICI Direct provides ₹0.05 per share brokerage on the stocks quoting up to ₹10. It becomes difficult to trade in the penny stocks. 5. It charges ₹50 per call for the call and trader after first 20 free calls in a month. | 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 |
ICICI Direct Vs GCL Securities - Background
| ICICI Direct | GCL Securities | |
|---|---|---|
| Call Back Open Account |
ICICI Direct Vs GCL Securities - Compare All Brokers
| ICICI Direct | GCL Securities | |
|---|---|---|
| Call Back Open Account |
ICICI Direct Vs GCL Securities - STT/CTT
| ICICI Direct | 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 | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | 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 |
| Call Back Open Account |
ICICI Direct Vs GCL Securities - Demat transaction charges
| ICICI Direct | GCL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹11 + GST per scrip only on sell |
| Call Back Open Account |
ICICI Direct Vs GCL Securities - GST
| ICICI Direct | GCL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (brokerage + transaction charges) |
| Call Back Open Account |
ICICI Direct Vs GCL Securities - SEBI Charges
| ICICI Direct | GCL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
ICICI Direct Vs GCL Securities - Account Opening & AMC Charges
ICICI Direct
GCL Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹300 + GST (One Time Charges)
Demat Account AMC
₹700 (From 2nd Year) | ₹300 for Neo Customers
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
ICICI Direct Vs GCL Securities
| ICICI Direct | GCL Securities | |
|---|---|---|
ICICI Direct Review | Brokerage Charges, Account OpeningWith ICICIdirect, you can access retail trading and investment services from India's largest and most trusted stock broker, ICICI securities. It offers customers diverse online trading and investment services through its ICICIdirect platform.
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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
ICICI Direct Vs GCL Securities - Brokerage charges & Plans
| ICICI Direct | GCL Securities | |
|---|---|---|
| Commodity Futures | ₹20/ Order | ₹20/Order |
| Currency Futures | ₹20/ Order | ₹20/Order |
| Equity Delivery | ₹0.09% | ₹20/Order |
| Equity Options | ₹20/ Order | ₹20/Order |
| Commodity Options | ₹20/ Order | ₹20/Order |
| Equity Futures | ₹20/ Order | ₹20/Order |
| Currency Options | ₹20/ Order | ₹20/Order |
| Fixed Charges | ₹20/ Order | ₹20/Order |
| Equity Intraday | ₹20/ Order | ₹20/Order |
| Call Back Open Account |
ICICI Direct Vs GCL Securities - Margin (Exposure)
| ICICI Direct | 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) |
| Call Back Open Account |
ICICI Direct Vs GCL Securities - Other Charges
| ICICI Direct | GCL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹50/ Order | ₹50/Order |
| Other Brokerage Charges | Prime Plan: ₹900/- | ₹20/ Order |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
| Call Back Open Account |
ICICI Direct Vs GCL Securities - STT/CTT
| ICICI Direct | 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 | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | 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 |
| Call Back Open Account |
ICICI Direct Vs GCL Securities - Demat transaction charges
| ICICI Direct | GCL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹11 + GST per scrip only on sell |
| Call Back Open Account |
ICICI Direct Vs GCL Securities - GST
| ICICI Direct | GCL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (brokerage + transaction charges) |
| Call Back Open Account |
ICICI Direct Vs GCL Securities - SEBI Charges
| ICICI Direct | GCL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
ICICI Direct Vs GCL Securities - Features
| ICICI Direct | 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: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 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 |