5paisa Vs GCL Securities (Compare 5paisa and GCL Securities)

The side-by-side comparison of 5paisa and GCL Securities. Compare 5paisa Vs GCL Securities brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best 5paisa vs GCL Securities?


5paisa
5paisa is a leading stockbroker in India. 5paisa Capital Ltd is a publicly-traded and professionally managed company promoted by IIFL founders. 5paisa.com started operations in March 2016 and became 2nd largest discount stock broker in India by Dec 2018. It is listed on BSE and NSE. 5paisa online trading is available in equity, commodity, and currency at BSE, NSE, and MCX. It is a flat rate discount stockbroker. It charges flat 20 Rs brokerage irrespective of the size of the trade, segment or e... Know more about 5paisa Capital Ltd


GCL Securities
Incorporated in 2004, GCL is a Jaipur, Rajasthan based financial service provider. GCL is a full-service stock broker popular for its commodity trading services in Northern India. GCL offers a range of financial services including online trading and investment in Equity, Derivatives, Currency, Commodities and Mutual Funds. GCL also offers wealth management and Portfolio management services. The company has a depository membership with CDSL and is a member of NSE, BSE, MCX and NCDEX. GCL offer... Know more about GCL Securities Pvt Ltd

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5paisa Vs GCL Securities

Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 900 branches across India. Incorporated in 2004, GCL Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 7 branches across India.

  5paisa GCL Securities
Type of Broker Discount Broker Full Service Broker
Supported Exchnages NSE, BSE BSE, NSE, MCX, NCDEX
Account Type Optimum Premium Plan
Year of Incorporation 1996 2004
Number of Branches 900 7
Broker Enquiry Open an Online Trading Account with 5paisa. Leave your contact info and we will get in touch with you.
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5paisa Vs GCL Securities Charges & AMC

5paisa trading account opening charges is Rs 0 while GCL Securities account opening changes is Rs 0 (Free). 5paisa Demat Account AMC Charges is Rs 540 (charged as Rs 45 per traded month) and GCL Securities Demat Account AMC Charges is Rs 300 per year or Lifetime free AMC for Rs 1250.

  5paisa GCL Securities
Trading Account Opening Charges Rs 0 Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 0 (Free)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 540 (charged as Rs 45 per traded month) Rs 300 per year or Lifetime free AMC for Rs 1250
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5paisa Vs GCL Securities Brokerage Charges & Plans

5paisa Vs GCL Securities Brokerage

5paisa brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas GCL Securities brokerage charges for equity is 0.20% and intraday is 0.02%.

  5paisa GCL Securities
Account Type Optimum Premium Plan
Fixed Charges NA NA
Equity Delivery Brokerage Rs 20 per executed order 0.20%
Equity Intraday Brokerage Rs 20 per executed order 0.02%
Equity Futures Brokerage Rs 20 per executed order 0.02%
Equity Options Brokerage Rs 20 per executed order Rs 25 per lot
Currency Futures Trading Brokerage Rs 20 per executed order 0.01%
Currency Options Trading Brokerage Rs 20 per executed order Rs 15 per lot
Commodity Futures Trading Brokerage Rs 20 per executed order 0.01%
Commodity Options Trading Brokerage Rs 20 per executed order Rs 50 per lot
Special Offer
Special Offer:

5paisa Vs GCL Securities Brokerage Plan 2

  5paisa GCL Securities
Account Type Platinum Discount Plan
Fixed Charges Rs 499 per month NA
Equity Delivery Brokerage Rs 10 per executed order Rs 25 per lot
Equity Intraday Brokerage Rs 10 per executed order Rs 25 per lot
Equity Futures Brokerage Rs 10 per executed order Rs 25 per lot
Equity Options Brokerage Rs 2 per lot Rs 25 per lot
Currency Futures Trading Brokerage Rs 10 per executed order Rs 25 per lot
Currency Options Trading Brokerage Rs 10 per executed order Rs 25 per lot
Commodity Futures Trading Brokerage Rs 10 per executed order Rs 25 per lot
Commodity Options Trading Brokerage Rs 10 per executed order Rs 25 per lot

5paisa Vs GCL Securities Brokerage Plan 3

  5paisa GCL Securities
Account Type Titanium Premium Plan
Fixed Charges Rs 1000 per month NA
Equity Delivery Brokerage Rs 0 (Free) 0.20%
Equity Intraday Brokerage Rs 10 per executed order 0.02%
Equity Futures Brokerage Rs 10 per executed order 0.02%
Equity Options Brokerage Rs 2 per executed lot Rs 25 per lot
Currency Futures Trading Brokerage Rs 10 per executed order 0.01%
Currency Options Trading Brokerage Rs 10 per executed order Rs 15 per lot
Commodity Futures Trading Brokerage Rs 10 per executed order 0.01%
Commodity Options Trading Brokerage Rs 10 per executed order Rs 50 per lot

5paisa Charges Vs GCL Securities

Minimum Brokerage Charges Rs 20 per trade Rs 10 per contract
Other Brokerage Charges Direct MF Investment: Rs 20 per order
Call & Trade Charges Rs 100 per call (any number of trades in a call) Rs 0 (Free) in Premium Plan and Rs 100 per call in Discount Plan
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5paisa Vs GCL Securities Transaction Charges

5paisa transaction charges for options is Rs 5100 per crore (0.051%) (on premium) while GCL Securities exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).

  5paisa GCL Securities
Equity Delivery Rs 325 per crore (0.00325%) NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%)
Equity Intraday Rs 325 per crore (0.00325%) NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%)
Equity Futures Rs 210 per crore (0.0021%) NSE Rs 190 per crore (0.0019%)
Equity Options Rs 5100 per crore (0.051%) (on premium) NSE Rs 5000 per crore (0.05%)
Currency Futures Rs 210 per crore (0.0021%) NSE Rs 110 per crore (0.0011%)
Currency Options Rs 5100 per crore (0.051%) (on premium) NSE Rs 110 per crore (0.0011%)
Commodity MCX Rs 260 per crore (0.0026%) | NCDEX Rs 600 per crore (0.006%)
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5paisa Vs GCL Securities Leverage (Margin)

5paisa provides the margin of Up to 20x for intraday trades whereas the GCL Securities margin for intraday cash is Up to 10x (based on stock).

  5paisa GCL Securities
Equity Delivery Upto 4x (Category E 4x, A 3.5x, B 3x, C 2x, D 1.5x) As per exchange VaR + ELM
Equity Intraday Up to 20x Up to 10x (based on stock)
Equity Futures Intra-day: 3.5x | Carry forward: 1x (no margin) Intraday - Up to 10x, Carry forward - 100%(1x)
Equity Options Intra-day: 1x | Carry forward: 1x Up to 10x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100%
Currency Futures Intra-day: 1 time | Carry forward: 1x Intraday - Up to 6x, Carry forward - 100%(1x)
Currency Options Intra-day: 1x | Carry forward: 1x Up to 10x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100%
Commodity Futures Intraday - Up to 12x, Carry forward - 100%(1x)
Commodity Options Up to 6x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100%
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Compare 5paisa and GCL Securities Features

The trading platforms offered 5paisa include 5paisa Trade Station (Web, Mobile App and EXE). GCL Securities offers GCL On Time, GCL PRO WEB, ODIN DIET trading software.

  5paisa GCL Securities
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform 5paisa Trade Station (Web, Mobile App and EXE) GCL On Time, GCL PRO WEB, ODIN DIET
Intraday Square-off Time Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM 3:10 PM
Other Features
Referral Program
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5paisa Vs GCL Securities Review

5paisa is rated 2.6 of 5 based on 74 customer reviews whereas GCL Securities is rated 5.0 of 5 based on 1 customer reviews.

  5paisa GCL Securities
  74 Customer Reviews    Rate 5paisa 1 Customer Reviews    Rate GCL Securities
Fees 3.0 5.0
Trading Brokerage 3.7 5.0
Trading Platform Usability 2.7 4.0
Customer Service 2.1 5.0
Research Capabilities 1.8 5.0
Overall Ratings Rated 2.6 stars Rated 5.0 stars
Broker Rating 5paisa is rated 2.6 of 5 based on 74 customer reviews GCL Securities is rated 5.0 of 5 based on 1 customer reviews
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  5paisa Enquire GCL Securities Enquire
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5paisa Vs GCL Securities Investment Options

  5paisa GCL Securities
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Mutual Funds, Insurance
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5paisa Vs GCL Securities Order Type Offered

  5paisa GCL Securities
Bracket Order Yes No
Cover Order Yes No
Buy Today Sell Tomorrow (BTST) Yes No
Sell Today Buy Tomorrow (STBT) Yes No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No Yes
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5paisa Vs GCL Securities Research Report

  5paisa GCL Securities
Daily Market Report No Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes
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5paisa Vs GCL Securities Suitable For Investor Type

  5paisa GCL Securities
Casual Investor Yes
Active Investor Yes Yes
Trader Yes
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5paisa Vs GCL Securities - Pros and Cons

  5paisa GCL Securities
Pros
  • Flat fee brokerage. Pay just Rs 20 per executed order. No more worries about size of the trade.
  • Free trading software's including 5paisa mobile app and trading terminal.
  • Up to 4 times exposure in Equity Delivery Trading.
  • Up to 20 times exposure in Equity Intraday Trading.
  • 3.5 times exposure in Derivatives Intraday Trading.
  • Vast experience in commodity trading.
  • Attractive exposure limits across asset classes.
  • Physical delivery assistance in NCDEX commodities.
  • Zero account opening fee.
  • Brokerage free trading for the first month.
  • Lifetime free AMC Demat account at Rs 1250.
  • Offer both full-service and online discount brokerage plans.
  • Instant and paperless online account opening.
  • Trading platforms based on simple and powerful ODIN.
  • Loan against shares available.
  • Provide free research calls.
  • Online IPO application services.
  • Dedicated Relationship Manager in the Premium plan.
  • WhatsApp Service Support.
Cons
  • Call & Trade is charged at Rs 100 per call in addition to the brokerage. Any number of trades can be placed in one call.
  • Research and advisory is available at extra cost.
  • Higher exchange turnover charges in comparison to other popular discount stock brokers.
  • Higher demat debit charges (Rs 25 per transaction)
  • NRI Trading and Demat Account is not available.
  • Doesn't offer commodity trading.
  • 3-in-1 account service not available
  • In-house Trading terminal not available.
  • Do not provide NRI trading.
  • High Call and Trade charges of Rs 100 in Discount plan.
Reviews

GCL Securities Private Limited, commonly known as GCL Securities or GCL Broking, is a Rajasthan based full-service broker incorporated in 2004 offering online and offline trading, investment, and premium financial services for an entire range of financial products like Equity, Derivatives, Currency, Commodities, Mutual Funds, Fixed Income, and IPO.

The company offers free 2-in-1 account opening services with an option of traditional and discount brokerage plans to its customers. GCL Securities is a member of NSE, BSE, MCX, and NCDEX and has a depository membership with CDSL.

The company offers ODIN based trading platforms to its customers via the mobile app - GCL On Time, web - GCL Prob Web, and as an installable trading terminal ODIN Diet.

GCL is well known for its commodity trading and research services and offers investors hedging solutions and assistance in the physical delivery and procurement of commodities.

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