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GCL Securities Brokerage Charges, Fees, AMC, Transaction Charges 2021

17.64% 4,568 Clients

GCL Securities is a full-service broker offering various online and offline financial services since 2004. The company offers to trade in Equity, Derivatives, Currency, Commodity, Mutual Funds, IPO, and Fixed Income.

GCL brokerage charges are claimed to be one of the lowest in India when compared to other full-service brokers in the industry. The company has two brokerage plans to offer to its customers - Premium Plan and discount brokerage plans.

GCL Brokerage Plans

1. Premium Plan

Premium brokerage plan is also known as a traditional brokerage plan. This plan is for the traditional traders, who trade regularly and need support and advice for trading. As the name suggests, this plan is a bit costly compared to the discount brokerage plan as it also includes a lot of premium services. This plan charges a percentage basis brokerage for Equity and Futures trade and per lot basis brokerage for Options trades.

Premium Plan Highlights:

Dedicated Relationship Manager.
Free Call & Trade Service.
Research Service.
Physical Contract Notes.
Customer Support via Email, Telegram, WhatsApp.
Instant trade message.
Offline Branch Support.
Attractive exposure or margin.

2. Discount Plan

A discount brokerage plan is for traders who can trade independently and do not need much support or services. This plan is based on a flat fee model and charges a flat Rs 25 per trade across all asset classes. Following are additional free services offered with this plan.

Discount Plan Highlights:

Research Service
Email Support Service
Telephone Support

GCL Securities Account Charges

GCL Securities offers stock trading account and Demat account services. Customer pays the fees, commission and taxes while trading with GCL Securities. GCL Securities fee structure and trading commission rates are explained as below.

To open GCL Securities account you have to pay account opening charges and annual maintenance charges (AMC).

GCL Securities Account Open Charges | GCL Securities AMC 2021

Transaction	Fee
Trading Account Opening Charges (One Time)	Rs 0 (Free)
Trading Annual Maintenance Charges AMC (Yearly Fee)	Rs 0 (Free)
Demat Account Opening Charges (One Time)	Rs 0 (Free)
Demat Account Annual Maintenance Charges AMC (Yearly Fee)	Rs 300 per year or Lifetime free AMC for Rs 1250

Special Offer: Get Free Trading + Demat Account (No account opening fee) for limited time. Request a Callback.

GCL Securities Brokerage Charges 2021

Customer pays a commission (brokerage) when buying or selling stocks through GCL Securities. The brokerage charges for equity, commodities and currency derivative trading for GCL Securities are explained as below.

GCL Securities Premium Plan

Segment	Brokerage Fee
Monthly Fee (Fixed)	NA
Equity Delivery	0.20%
Equity Intraday	0.02%
Equity Futures	0.02%
Equity Options	Rs 25 per lot
Currency Futures	0.01%
Currency Options	Rs 15 per lot
Commodity Futures	0.01%
Commodity Options	Rs 50 per lot

GCL Securities Discount Plan

Segment	Brokerage Fee
Monthly Fee (Fixed)	NA
Equity Delivery	Rs 25 per lot
Equity Intraday	Rs 25 per lot
Equity Futures	Rs 25 per lot
Equity Options	Rs 25 per lot
Currency Futures	Rs 25 per lot
Currency Options	Rs 25 per lot
Commodity Futures	Rs 25 per lot
Commodity Options	Rs 25 per lot

GCL Securities Special Offer

Free Trading & Demat Account (for limited time only)

Get FREE Trading + Demat Account (Zero account opening charges). You can also avail of attractive trading plans that suit your needs. Thereby saving up to 70% on brokerage.

This is a limited time offer. Simply leave your contact information with us and GCL Securities representatives will contact you.

GCL Securities Demat Account Charges 2021

The Demat account transactions are charged separately from the trading commission. Find GCL Securities Demat account charges 2021.

GCL Demat Charges

Sr	Charge head	Charges
1	Account Opening Charges	Nil
2	AMC Charges	Rs 300*
3	Transaction Charges (Buy)	Nil
4	Transaction Charges (Sell / Debit) ( Socks)	Rs 11 per Transaction (within GCL), Rs 21 per Transaction (Outside GCL)
5	Pledge Creation/ Confirmation/ Closure/ Invocation	Rs 25
6	Margin Pledge / Un-pledge	Rs 11 per ISIN
7	Margin Re-pledge / Un-pledge	Rs 5 per ISIN
8	Demat Conversion	Rs 10 per certificate/unit + Rs 30 courier charges
9	Remat	Actual CDSL Charges + Rs 30 courier charges
10	Additional Delivery Instruction Book	Rs 25
11	Failed Instruction	Nil

Note:

* Lifetime AMC free demat account is available with Rs 1250 one-time fee.

* AMC Charges for BSDA Account: Holdings up to Rs 50,000 is Nil and Holdings between Rs 50,001 to Rs 2,00,000 is Rs 100

GCL Securities Transaction Charges (Exchange Turnover Charge)

A combination of Exchange Turnover Charge and Trade Clearing Charge. Know more about Transaction Charges .

GCL Securities Transaction Charges 2021

Segment	Transaction Fee
Equity Delivery	NSE Rs 325 per crore (0.00325%) \| BSE Rs 275 per crore (0.00275%)
Equity Intraday	NSE Rs 325 per crore (0.00325%) \| BSE Rs 275 per crore (0.00275%)
Equity Futures	NSE Rs 190 per crore (0.0019%)
Equity Options	NSE Rs 5000 per crore (0.05%)
Currency Futures	NSE Rs 110 per crore (0.0011%)
Currency Options	NSE Rs 110 per crore (0.0011%)
Commodity	MCX Rs 260 per crore (0.0026%) \| NCDEX Rs 600 per crore (0.006%)

GCL Securities Trading Taxes

GCL Securities charges government taxes and fees in addition to the brokerage. These GCL Securities trading taxes are shows in the contract note sent to the customer at the end of the day. The below table can be used for the GCL Securities tax calculation.

GCL Securities Tax on Trading

Tax GCL Securities	Rates
Securities Transaction Tax (STT)	Equity Delivery: 0.1% on both Buy and Sell Equity Intraday: 0.025% on the Sell Side Equity Futures: 0.01% on Sell Side Equity Options: 0.05% on Sell Side(on Premium) Commodity Futures: 0.01% on sell side (Non-Agri) Commodity Options: 0.05% on sell side Currency F&O: No STT On Exercise transaction: 0.125% Right to entitlement: 0.05% on sell side
Exchange Transaction Charges	Refer table above
GST	18% on (Brokerage + Transaction Charge + SEBI Fee)
SEBI Charges	0.00005% (₹5/Crore)
Stamp Duty	(On buy side only) Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)

GCL Securities Special Offer

Free Trading & Demat Account (for limited time only)

Get FREE Trading + Demat Account (Zero account opening charges). You can also avail of attractive trading plans that suit your needs. Thereby saving up to 70% on brokerage.

This is a limited time offer. Simply leave your contact information with us and GCL Securities representatives will contact you.

Frequently Asked Questions

1. How is GCL Securities brokerage calculated?

GCL Securities offers two brokerage plans - (i) Premium plan and (ii) Discount Plan to its customers.

The Premium Plan is a combination of a percentage-based brokerage model for Equity Delivery, Intraday, and Futures trade and per lot basis brokerage model for an Options trade. In a percentage-based brokerage model, the brokerage charged is a percentage of the trading value whereas, in a per lot basis model, the brokerage is charged based on the number of lots executed irrespective of the trade value.

The Discount Plan follows a flat fee model with a flat Rs 25 per trade across all asset classes irrespective of trade quantity or value.

For example,

Under a Premium plan, if you buy 500 shares of ABC Company @ Rs 50, you pay Rs 50 as brokerage as per 0.20% on the trade value of Rs 25,000.
Similarly, if you buy 5 lots of NIFTY Options, you pay Rs 125 as per brokerage based on Rs 25 per lot for Equity Options.
In case of a discount plan, if you buy 500 shares of ABC Company @ Rs 50 or buy 100 shares @ Rs 500, you pay only Rs 25 as brokerage based on the flat fee model irrespective of its trade value or quantity.

GCL Securities Premium Plan Brokerage Charges Details

Segment	Brokerage Fee
Equity Delivery	0.20%
Equity Intraday	0.02%
Equity Futures	0.02%
Equity Options	Rs 25 per lot
Currency Futures	0.01%
Currency Options	Rs 15 per lot
Commodity Futures	0.01%
Commodity Options	Rs 50 per lot

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2. Does GCL Securities have annual charges?

Yes, GCL Securities charges Rs 300 per year as annual maintenance charges for maintaining a Demat account with the broker. The company also provides an option to opt for lifetime free AMC by paying a one-time lump sum amount of Rs 1,250.

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3. How much does GCL Securities charge for trading?

GCL Securities offers two brokerage plans to its customers - Premium Brokerage Plan and Discount Brokerage Plan. GCL Securities brokerage charges are claimed to be one of the lowest when compared with other full-service brokers in the industry.

The premium brokerage plan is for frequent traders who need personal assistance and regular advice and support. This plan is a combination of percentage basis brokerage for Equity and futures trades across all asset classes and per lot basis for Options trades across all asset classes. Being a premium plan, it also includes a lot of other specialized support and services.

The Discount brokerage plan is for modern-day traders who can trade independently and do not need personal services. This plan is based on a flat fee model charging flat Rs 25 per trade across all asset classes.

An investor has to pay other regulatory and transaction charges like STT, exchange transaction charges, GST, Stamp Duty over and above the brokerage.

GCL Securities Premium Plan Brokerage Charges

GCL Securities Premium Plan Brokerage Charges Details

Segment	Brokerage Fee
Equity Delivery	0.20%
Equity Intraday	0.02%
Equity Futures	0.02%
Equity Options	Rs 25 per lot
Currency Futures	0.01%
Currency Options	Rs 15 per lot
Commodity Futures	0.01%
Commodity Options	Rs 50 per lot

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4. What are GCL Securities intraday charges?

GCL Securities charges a brokerage fee of 0.02% on the trade value of the intraday transactions under the premium plan and flat a Rs 25 per trade under the discount plan. In addition to the brokerage, an investor has to pay other regulatory and exchange transaction charges as per below.

Other Charges for Intraday Trading

STT	0.025% on the sell side
Transaction charges	NSE: 0.00325% BSE: 0.00275%
GST	18% on (brokerage + transaction charges)
SEBI charges	Rs 5 / crore
Stamp Duty	0.003% on buy trades

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5. Is GCL Securities free?
No, GCL Securities is not free. The company charges brokerage and other fees for its services. Currently, the company has an offer of one-month brokerage free trading for new customers opening an online account with GCL Securities. GCL Securities provides free account opening, free research services, IPO assistance, a dedicated relationship manager for premium clients, loans against shares, etc.

GCL Securities Charges List
- Demat Annual Maintenance Charges (AMC)
- Brokerage Charges.
- Demat Account Charges.
- Exchanges and Depositories Charges.
- Taxes levied by Governments.
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