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...
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...
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 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 | |
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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 |
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 | |
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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 | 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 | 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 |
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 |
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%) |
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% |
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 | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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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 |
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 | |
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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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