Finvasia Vs GCL Securities Demat Account Comparison

Finvasia is a Chandigarh, India based financial service provider. Finvasia caters to retail, institutional and foreign customers. Finvasia offers truly brokerage free trading. It absolutely doesn’t change any brokerage commission from customers to trade on BSE, NSE, and MCX. Customers can trade in any segment by just paying applicable taxes. Call & trade is also available for free of cost to the customers.

Finvasia is a depository participant with CDSL. They offer all kind of depository services to its customer at a very reasonable price.

They are an online broker. All services offered are online or over the phone. They do not have any branch offices, franchise or partner offices.

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.

Plot # 10, Netsmartz House (Level 3).
Rajiv Gandhi Chd Tech Park.
Chandigarh. India 160101

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

Retail trading in equity, currency and commodity, depository (demat account), asset management, investment banking, advisory, and currency hedging.

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.

₹0 (+ stamp charge of ₹199)

Nil

₹0 for Individual/HUF/NRI
₹1000 per year for corporate

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

₹0

Nil

₹15 + ₹99 Courier charges

₹10 per certificate + ₹30 courier charges

₹15 + ₹99 Courier charges

Actual CDSL Charges + ₹30 per request as courier charges

₹9 (including CDSL Fee)

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

₹25 + NSDL Charges

₹25 per ISIN + GST and for BSDA - ₹75

₹25 per ISIN + GST and for BSDA - ₹75

₹25 + NSDL Charges

₹25 per ISIN + GST and for BSDA - ₹75

₹49 per transaction

Nil

• Periodic Statements - Email: Free | Physical: ₹99 Courier Charges
• Adhoc / Non Periodic Statement - Email: Free | Physical: ₹5 per page + ₹99 Courier Charges
• Delivery Instructions - First Booklet: Free | Additional: ₹99 for 10 leaves
• Check Bounce - ₹299
• Failed Transaction - ₹49 per transcaction
• Modification in Client Information - ₹19 per request
• Demat Closure Account - Nil
• Delay Payment Charges - 2% per month on T+2 days

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