Choice Broking Vs GCL Securities Demat Account Comparison

Choice Equity Broking Private Limited popularly known as Choice Broking, is a full-service broker providing a wide range of services to its customers. Choice Broking is a subsidiary of publicly listed Choice International Ltd. with a pan India presence for Stock and Commodities Broking, Loan syndication, Insurance, Mutual Fund, etc. The company offers free trading and Demat account opening to its customers.

GCL Securities Private Limited, popularly known as GCL Securities or GCL Broking Broking, is a full-service broker providing a wide range of services to its customers. The company offers to invest in Equity, Derivatives, Currency, Commodity, Mutual Funds, IPO, and Fixed Income. GCL Broking offers free trading and Demat account opening to its customers.

Chakarawarti Ashok Co Ophsg Cts No156,157,158, J.B.Nagar Off Sahar Road, Andheri (E) Mumbai Maharashtra India-400099

3rd Floor, Raghukul Tower, Khatipura T-point, Siris Road, Jaipur-302021

NSE- Cash, FNO and CD segment BSE- Cash and Derivative. MCX-SX- Currency Derv. USE - Currency Derv. Group Company Member - MCX, NCDEX, ICEX

Trading and Depository Services. The depository services include account opening, Demat requests, Remat requests, redemption, account transfer instructions, account closure, pledge creation, confirmation, closure, invocation, margin pledge, unpledge, repledge etc.

Nil

Nil

Choice Broking offers Standard and special plans to individual customers to opt for.

1. Basic Standard Plan: ₹200
2. Special Plan:
   1. Lifetime AMC Free Plan (One Time - Non-refundable) :₹1,500
   2. Lifetime AMC Free Plan (One Time - Refundable deposit) :₹,3000

Note:

1. First year AMC is free.
2. In case of no scheme chosen at the end of first year, default standard plan will be applied.
3. In case of Corporates, AMC of ₹1,000 applied from first year.

GCL Securities offers Standard and Lifetime AMC Plans to individual customers to opt for.

1. Basic Standard Plan: ₹300
2. Lifetime AMC Free Plan (One Time - Non-refundable): ₹1,250

Nil

Nil

₹25 per certificate

₹10 per certificate + ₹30 courier charges

₹25 per 100 Securities or 0.04% whichever is higher

Actual CDSL Charges + ₹30 per request as courier charges

₹10per transaction + GST

₹11 per transaction + GST (within GCL) and ₹21 per transaction + GST (outsideGCL)

₹50 or 0.02% whichever is higher + GST

₹25 per ISIN + GST and for BSDA - ₹75

₹25 per ISIN + GST and for BSDA - ₹75

₹100 or 0.05% whichever is higher + GST

₹25 per ISIN + GST and for BSDA - ₹75

₹10 per instruction + GST

Nil

Additional request for every DIS Booklet: ₹100.

Additional request for account statement or DIS: ₹25 and for BSDA ₹50 per booklet.