INDmoney Vs GCL Securities
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
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
INDmoney Vs GCL Securities - Broker Details
| INDmoney | GCL Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2019 | 1996 |
| Exchanges | NSE, BSE and MCX | NSE, BSE |
| Branches | 966 | 7+ |
| Brokerage | 0.05% or up to ₹20/Per Order | ₹20/Order |
| Broker Type | Discount Broker | Full Service Broker |
INDmoney Vs GCL Securities - Account Opening & AMC Charges
| INDmoney | 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) |
INDmoney Vs GCL Securities - Brokerage charges & Plans
| INDmoney | GCL Securities | |
|---|---|---|
| Commodity Futures | N/A | ₹20/Order |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹20/Order |
| Equity Delivery | 0.05% or up to ₹20/Per Order | ₹20/Order |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹20/Order |
| Commodity Options | N/A | ₹20/Order |
| Equity Futures | 0.05% or up to ₹20/Per Order | ₹20/Order |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹20/Order |
| Fixed Charges | 0.05% or up to ₹20/Per Order | ₹20/Order |
| Equity Intraday | 0.05% or up to ₹20/Per Order | ₹20/Order |
INDmoney Vs GCL Securities - Other Charges
| INDmoney | GCL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹0 (Free) |
| API Charges | N/A | N/A |
| Call & Trade Charges | ₹50 per position | ₹50/Order |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | ₹20/ Order |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹20/ Order |
INDmoney Vs GCL Securities - Transaction Charges
| INDmoney | GCL Securities | |
|---|---|---|
| Currency Options | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value | NSE ₹110/Cr (0.0011%) |
| Equity Futures | NSE: 0.00195% on total turnover value | NSE ₹190/Cr (0.0019%) |
| Equity Intraday | NSE - 0.00325% | BSE- 0.00375% | 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 Following Scrips: 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: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value | NSE ₹110/Cr (0.0011%) |
| Equity Delivery | NSE - 0.00325% | BSE- 0.00375% | NSE ₹325/Cr (0.00325%) | BSE ₹275/Cr (0.00275%) |
INDmoney Vs GCL Securities - Margin (Exposure)
| INDmoney | 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 (no margin) | 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) |
INDmoney Vs GCL Securities - Features
| INDmoney | 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney 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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INDmoney Vs GCL Securities - Review & Rating
| INDmoney | GCL Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
INDmoney Vs GCL Securities - Request a call back from Broker
| INDmoney | GCL Securities | |
|---|---|---|
INDmoney Vs GCL Securities - Investment Options
| INDmoney | 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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INDmoney Vs GCL Securities - Order Type
| INDmoney | 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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INDmoney Vs GCL Securities - Research & Report
| INDmoney | 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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INDmoney Vs GCL Securities - Daily Market Report
| INDmoney | GCL Securities | |
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| Daily Market Reports & News |
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INDmoney Vs GCL Securities - Suitable For Investor
| INDmoney | GCL Securities | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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INDmoney Vs GCL Securities - Pros & Cons
| INDmoney | GCL Securities | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. | 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.Limited Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. | 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 |
INDmoney Vs GCL Securities - Background
| INDmoney | GCL Securities | |
|---|---|---|
INDmoney Vs GCL Securities - Compare All Brokers
| INDmoney | GCL Securities | |
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INDmoney Vs GCL Securities - STT/CTT
| INDmoney | GCL Securities | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 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 (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% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% only on sell side | 0.05% on sell side |
INDmoney Vs GCL Securities - Demat transaction charges
| INDmoney | GCL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹11 + GST per scrip only on sell |
INDmoney Vs GCL Securities - GST
| INDmoney | GCL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (brokerage + transaction charges) |
INDmoney Vs GCL Securities - SEBI Charges
| INDmoney | GCL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs GCL Securities - Account Opening & AMC Charges
INDmoney
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)
INDmoney Vs GCL Securities
| INDmoney | GCL Securities | |
|---|---|---|
INDmoney Account Opening Process, Charges, and Documentation Details |
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
INDmoney Vs GCL Securities - Brokerage charges & Plans
| INDmoney | GCL Securities | |
|---|---|---|
| Commodity Futures | N/A | ₹20/Order |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹20/Order |
| Equity Delivery | 0.05% or up to ₹20/Per Order | ₹20/Order |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹20/Order |
| Commodity Options | N/A | ₹20/Order |
| Equity Futures | 0.05% or up to ₹20/Per Order | ₹20/Order |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹20/Order |
| Fixed Charges | 0.05% or up to ₹20/Per Order | ₹20/Order |
| Equity Intraday | 0.05% or up to ₹20/Per Order | ₹20/Order |
INDmoney Vs GCL Securities - Margin (Exposure)
| INDmoney | 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 (no margin) | 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) |
INDmoney Vs GCL Securities - Other Charges
| INDmoney | GCL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹0 (Free) |
| API Charges | N/A | N/A |
| Call & Trade Charges | ₹50 per position | ₹50/Order |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | ₹20/ Order |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹20/ Order |
INDmoney Vs GCL Securities - STT/CTT
| INDmoney | GCL Securities | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 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 (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% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% only on sell side | 0.05% on sell side |
INDmoney Vs GCL Securities - Demat transaction charges
| INDmoney | GCL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹11 + GST per scrip only on sell |
INDmoney Vs GCL Securities - GST
| INDmoney | GCL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (brokerage + transaction charges) |
INDmoney Vs GCL Securities - SEBI Charges
| INDmoney | GCL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs GCL Securities - Features
| INDmoney | GCL Securities | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
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| 3 in 1 Account |
|
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| Charting |
|
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| Intraday Square-off Time | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney 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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