The side-by-side comparison of Alice Blue and GCL Securities. Compare Alice Blue Vs GCL Securities brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Alice Blue vs GCL Securities?
Alice Blue
Incorporated in 2006, Alice Blue is a Bangalore based discount stock broker offering stock and commodity trading services at BSE, NSE, and MCX. Alice Blue also offers depository service (demat account) through its membership with CDSL.
AliceBlue offers 2 brokerage plans, 'Trade Pro' and 'Freedom 20' to its customers. In the 'Trade Pro' plan, the company charges percentage-based brokerage. Customers have to pay a fixed percentage of the trading value. For intraday trading, a trader has to pay ...
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 , Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 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.
Alice Blue trading account opening charges is Equity Rs 310 | MCX Rs 200 | Rs 500 All segments while GCL Securities account opening changes is Rs 0 (Free). Alice Blue Demat Account AMC Charges is Rs 400 and GCL Securities Demat Account AMC Charges is Rs 300 per year or Lifetime free AMC for Rs 1250.
Alice Blue | GCL Securities | |
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Trading Account Opening Charges | Equity Rs 310 | MCX Rs 200 | Rs 500 All segments | Rs 0 (Free) |
Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
Demat Account Opening Charges | Rs 0 | Rs 0 (Free) |
Demat Account AMC Charges | Rs 400 | Rs 300 per year or Lifetime free AMC for Rs 1250 |
Alice Blue brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per order or 0.01% whichever is lower whereas GCL Securities brokerage charges for equity is 0.20% and intraday is 0.02%.
Alice Blue | GCL Securities | |
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Account Type | Freedom 20 | Premium Plan |
Fixed Charges | NA | |
Equity Delivery Brokerage | Rs 0 (Free) | 0.20% |
Equity Intraday Brokerage | Rs 20 per order or 0.01% whichever is lower | 0.02% |
Equity Futures Brokerage | Rs 20 per order or 0.01% whichever is lower | 0.02% |
Equity Options Brokerage | Rs 20 per order | Rs 25 per lot |
Currency Futures Trading Brokerage | Rs 20 per order or 0.01% whichever is lower | 0.01% |
Currency Options Trading Brokerage | Rs 10 per order | Rs 15 per lot |
Commodity Futures Trading Brokerage | Rs 20 per order or 0.01% whichever is lower | 0.01% |
Commodity Options Trading Brokerage | Rs 20 per order | Rs 50 per lot |
Special Offer | Special Offer: Alice Blue Free equity delivery trading (truly no brokerage) and Flat Rs 20 intranet and F&O trade brokerage. Get the offer |
Alice Blue | GCL Securities | |
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Account Type | Trade Pro Plan | Discount Plan |
Fixed Charges | NA | |
Equity Delivery Brokerage | 0.1% | Rs 25 per lot |
Equity Intraday Brokerage | 0.01% | Rs 25 per lot |
Equity Futures Brokerage | 0.01% | Rs 25 per lot |
Equity Options Brokerage | Rs 20 per lot | Rs 25 per lot |
Currency Futures Trading Brokerage | Rs 10 per lot | Rs 25 per lot |
Currency Options Trading Brokerage | Rs 20 per lot | Rs 25 per lot |
Commodity Futures Trading Brokerage | 0.01% | Rs 25 per lot |
Commodity Options Trading Brokerage | Rs 20 per lot | Rs 25 per lot |
Minimum Brokerage Charges | Rs 0 | Rs 10 per contract |
Other Brokerage Charges | ||
Call & Trade Charges | Rs 20 per executed order | Rs 0 (Free) in Premium Plan and Rs 100 per call in Discount Plan |
Alice Blue transaction charges for options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side) while GCL Securities exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).
Alice Blue | GCL Securities | |
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Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side) | NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%) |
Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side) | NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%) |
Equity Futures | NSE Rs 210 per Cr (0.0021%) | BSE Rs 1 per trade (each side) | NSE Rs 190 per crore (0.0019%) |
Equity Options | NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side) | NSE Rs 5000 per crore (0.05%) |
Currency Futures | NSE Rs 135 per Cr (0.00135%) | NSE Rs 110 per crore (0.0011%) |
Currency Options | NSE Rs 4400 per Cr (0.044%) (on premium) | NSE Rs 110 per crore (0.0011%) |
Commodity | Non-Agri Rs 360 per Cr (0.0036%) | Agri Rs 275 per Cr (0.00275%) | MCX Rs 260 per crore (0.0026%) | NCDEX Rs 600 per crore (0.006%) |
Alice Blue provides the margin of Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x for intraday trades whereas the GCL Securities margin for intraday cash is Up to 10x (based on stock).
Alice Blue | GCL Securities | |
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Equity Delivery | Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x | As per exchange VaR + ELM |
Equity Intraday | Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x | Up to 10x (based on stock) |
Equity Futures | Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x | Intraday - Up to 10x, Carry forward - 100%(1x) |
Equity Options | Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x | Up to 10x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100% |
Currency Futures | Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x | Intraday - Up to 6x, Carry forward - 100%(1x) |
Currency Options | Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x | Up to 10x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100% |
Commodity Futures | Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x | 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 Alice Blue include Front End: ANT | Back End: Omnesys NEST. GCL Securities offers GCL On Time, GCL PRO WEB, ODIN DIET trading software.
Alice Blue | 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 | Front End: ANT | Back End: Omnesys NEST | GCL On Time, GCL PRO WEB, ODIN DIET |
Intraday Square-off Time | Equity: 3:15PM | 3:10 PM |
Other Features | ||
Referral Program |
Alice Blue is rated 3.4 of 5 based on 31 customer reviews whereas GCL Securities is rated 5.0 of 5 based on 1 customer reviews.
Alice Blue | 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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Promo / Offers | Free Equity Delivery TradeGet free equity delivery trading (truly no brokerage) and pay flat Rs 20 intranet and F&O trade brokerage. To open an account with Alice Blue, simply leave your contact information and Alice Blue representatives will call you. |
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