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Edelweiss
5Paisa
IIFL Sec
Sharekhan
ICICIdirect
HDFC Sec
SBI Capital
Axis Direct
Kotak Sec
TradeSmart
Fyers
Alice Blue
Tradeplus
SAS Online
GCL Sec
Groww
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 one simple brokerage plans, Freedom 15 (F15) to its customers. The flat fee brokerage plan F15 minimizes the brokerage fee so that customers incur the lowest cost while trading. It is a discount brokerage plan which offers brokerages free equi... 
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 | GCL Securities | |
|---|---|---|
| Type of Broker | Discount Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX, NCDEX |
| Year of Incorporation | 2004 | |
| Number of Branches | 7 |
Alice Blue trading account opening charges is Rs 0 (Free) 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 | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | 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 15 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 | |
|---|---|---|
| Account Type | Freedom 15 | Premium Plan |
| Fixed Charges | NA | |
| Equity Delivery | Rs 0 (Free) | 0.20% |
| Equity Intraday | Rs 15 per order or 0.01% whichever is lower | 0.02% |
| Equity Futures | Rs 15 per order or 0.01% whichever is lower | 0.02% |
| Equity Options | Rs 15 per order | Rs 25 per lot |
| Currency Futures | Rs 15 per order or 0.01% whichever is lower | 0.01% |
| Currency Options | Rs 15 per order | Rs 15 per lot |
| Commodity Futures | Rs 15 per order or 0.01% whichever is lower | 0.01% |
| Commodity Options | Rs 15 per order | Rs 50 per lot |
| Special Offer | Special Offer: Get brokerage FREE equity delivery trading (truly no brokerage) and Flat Rs 15 intranet and F&O trade brokerage. Open FREE Instant Account online with Alice Blue and start trading today.
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Special Offer: Get Free Trading + Demat Account (No account opening fee) for limited time. Request a Callback. |
| Alice Blue | GCL Securities | |
|---|---|---|
| Account Type | Freedom 15 | Discount Plan |
| Fixed Charges | NA | |
| Equity Delivery | Rs 0 (Free) | Rs 25 per lot |
| Equity Intraday | Rs 15 per order or 0.01% whichever is lower | Rs 25 per lot |
| Equity Futures | Rs 15 per order or 0.01% whichever is lower | Rs 25 per lot |
| Equity Options | Rs 15 per order | Rs 25 per lot |
| Currency Futures | Rs 15 per order or 0.01% whichever is lower | Rs 25 per lot |
| Currency Options | Rs 15 per order | Rs 25 per lot |
| Commodity Futures | Rs 15 per order or 0.01% whichever is lower | Rs 25 per lot |
| Commodity Options | Rs 15 per order | Rs 25 per lot |
| Minimum Brokerage | Rs 0 | Rs 10 per contract |
| Other 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 | |
|---|---|---|
| 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 margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the GCL Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Alice Blue | GCL Securities | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
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 | |
|---|---|---|
| 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 | |
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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 32 customer reviews whereas GCL Securities is rated 4.7 of 5 based on 20 customer reviews.
| Alice Blue | GCL Securities | |
|---|---|---|
32 Customer Reviews  |
20 Customer Reviews |
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| Broker Rating | Alice Blue is rated 3.4 of 5 based on 32 customer reviews | GCL Securities is rated 4.7 of 5 based on 20 customer reviews |
| Alice Blue Enquire | GCL Securities Enquire | |
|---|---|---|
| Contact Broker | Get brokerage FREE equity delivery trading (truly no brokerage) and Flat Rs 15 intranet and F&O trade brokerage. Open FREE Instant Account online with Alice Blue and start trading today. | Get Free Trading + Demat Account (No account opening fee) for limited time. Request a Callback. |
| Alice Blue | GCL Securities | |
|---|---|---|
| Stock / Equity | |
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| Commodity | |
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| Currency | |
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| IPO | |
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| Mutual Funds | |
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| Bond / NCD | |
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| Debt | |
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| Other Investment Options |
| Alice Blue | GCL Securities | |
|---|---|---|
| Bracket Order | |
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| Cover Order | |
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| Buy Today Sell Tomorrow (BTST) | |
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| Sell Today Buy Tomorrow (STBT) | |
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| After Market Order(AMO) | |
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| Good Till Cancelled (GTC) | |
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| Alice Blue | GCL Securities | |
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| Daily Market Report | |
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| Free Tips | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| Alice Blue | GCL Securities | |
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| Casual Investor | |
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| Active Investor | |
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| 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 Trade + FREE Account OpeningTrade brokerage-free equity delivery (truly no brokerage). Pay flat Rs 15 per trade for Intra-day and F&O. Open FREE Instant Account online with Alice Blue and start trading today. |
Free Trading & Demat Account (for limited time only)Get FREE Trading + Demat Account (Zero account opening charges). You can also avail of attractive trading plans that suit your needs. Thereby saving up to 70% on brokerage. This is a limited time offer. Simply leave your contact information with us and GCL Securities representatives will contact you. |
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
Open Alice Blue Account
