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Anand Rathi Vs GCL Securities (Compare Anand Rathi and GCL Securities)

Anand Rathi Logo

About Anand Rathi
Incorporated in 1994, Anand Rathi is Mumbai based firm engaged in financial and advisory services that includes wealth management, investment banking, corporate advisory, brokerage & distribution of equities, commodities, mutual funds, and insurance. Anand Rathi is a full-service broker offering brokerage services to retail and institutional customers. Anand Rathi has a presence in India as well as internationally through offices in Dubai. Anand Rathi has a network across 1200+ locations se... Know more about Anand Rathi

GCL Securities Pvt Ltd Logo

About 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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Anand Rathi Vs GCL Securities

Incorporated in 1994, Anand Rathi is a Full Service Broker. It offers trading at NSE, BSE, MCX, & NCDEX. It has 1200 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.

  Anand Rathi GCL Securities
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership NSE, BSE, MCX, & NCDEX BSE, NSE, MCX, NCDEX
Year of Incorporation 1994 2004
Number of Branches 1200 7
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Anand Rathi Vs GCL Securities Charges & AMC

Anand Rathi trading account opening charges is Rs 552 (including GST) while GCL Securities account opening changes is Rs 0 (Free). Anand Rathi Demat Account AMC Charges is Rs 450 from second year onward and GCL Securities Demat Account AMC Charges is Rs 300 per year or Lifetime free AMC for Rs 1250.

  Anand Rathi GCL Securities
Trading Account Opening Charges Rs 552 (including GST) 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 450 from second year onward Rs 300 per year or Lifetime free AMC for Rs 1250

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Anand Rathi Vs GCL Securities Brokerage

Anand Rathi brokerage charges for equity is 0.5% - 0.15% and intraday is 0.05% -0.015% whereas GCL Securities brokerage charges for equity is 0.20% and intraday is 0.02%.

Account Type Anand Rathi Standard Plan GCL Securities Premium Plan
Fixed Charges NA NA
Equity Delivery 0.5% - 0.15% 0.20%
Equity Intraday 0.05% -0.015% 0.02%
Equity Futures 0.05% - 0.015% 0.02%
Equity Options Rs 75 to Rs 20 Rs 25 per lot
Currency Futures 0.05% - 0.015% 0.01%
Currency Options Rs 75 to Rs 20 Rs 15 per lot
Commodity Futures 0.008% - 0.05% 0.01%
Commodity Options Rs 50 per lot
Special Offer
Special Offer: Get Free Trading + Demat Account (No account opening fee) for limited time. Request a Callback.

Anand Rathi Vs GCL Securities Brokerage Plan 2

  Anand Rathi GCL Securities
Account Type Standard Plan Discount Plan
Fixed Charges NA NA
Equity Delivery 0.5% - 0.15% Rs 25 per lot
Equity Intraday 0.05% -0.015% Rs 25 per lot
Equity Futures 0.05% - 0.015% Rs 25 per lot
Equity Options Rs 75 to Rs 20 Rs 25 per lot
Currency Futures 0.05% - 0.015% Rs 25 per lot
Currency Options Rs 75 to Rs 20 Rs 25 per lot
Commodity Futures 0.008% - 0.05% Rs 25 per lot
Commodity Options Rs 25 per lot
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Anand Rathi Charges Vs GCL Securities

Minimum Brokerage Rs 10 per contract
Other Charges
Call & Trade Charges Rs 0 (Free) in Premium Plan and Rs 100 per call in Discount Plan

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Anand Rathi Vs GCL Securities Transaction Charges

Anand Rathi transaction charges for options is Rs 7000 per Cr (0.07%) while GCL Securities exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).

  Anand Rathi GCL Securities
Equity Delivery NSE Rs 350 per Cr (0.0035%) | BSE Rs 350 per Cr (0.0035%) (each side) NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%)
Equity Intraday NSE Rs 350 per Cr (0.0035%) | BSE Rs 350 per Cr (0.0035%) (each side) NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%)
Equity Futures NSE Rs 410 per Cr (0.0041%) | BSE Rs 210 per Cr (0.0021%) (each side) NSE Rs 190 per crore (0.0019%)
Equity Options Rs 7000 per Cr (0.07%) NSE Rs 5000 per crore (0.05%)
Currency Futures Rs 350 per Cr (0.0035%) NSE Rs 110 per crore (0.0011%)
Currency Options Rs 7000 per Cr (0.07%) NSE Rs 110 per crore (0.0011%)
Commodity Rs 350 per Cr (0.0035%) MCX Rs 260 per crore (0.0026%) | NCDEX Rs 600 per crore (0.006%)
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Anand Rathi Vs GCL Securities Leverage (Margin)

Anand Rathi 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.

  Anand Rathi 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)
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Compare Anand Rathi and GCL Securities Features

The trading platforms offered Anand Rathi include Trade X. GCL Securities offers GCL On Time, GCL PRO WEB, ODIN DIET trading software.

  Anand Rathi GCL Securities
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Trade X GCL On Time, GCL PRO WEB, ODIN DIET
Intraday Square-off Time 3:15 PM 3:10 PM
Other Features
Referral Program
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Anand Rathi Vs GCL Securities Review

Anand Rathi is rated 3.1 of 5 based on 14 customer reviews whereas GCL Securities is rated 4.7 of 5 based on 20 customer reviews.

  Anand Rathi GCL Securities
  14 Customer Reviews    Rate Anand Rathi 20 Customer Reviews    Rate GCL Securities
Fees 3.2 4.8
Brokerage 3.2 4.6
Trading Platform 3.0 4.1
Customer Service 3.4 4.3
Research Capabilities 3.5 4.5
Overall Ratings Rated 3.1 stars Rated 4.7 stars
Broker Rating Anand Rathi is rated 3.1 of 5 based on 14 customer reviews GCL Securities is rated 4.7 of 5 based on 20 customer reviews

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Contact Broker / Request A Call Back

  Anand Rathi Enquire GCL Securities Enquire
Contact Broker Leave your contact information and we will get in touch with you....
Get Free Trading + Demat Account (No account opening fee) for limited time. Request a Callback.

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Anand Rathi Vs GCL Securities Investment Options

  Anand Rathi GCL Securities
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options

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Anand Rathi Vs GCL Securities Order Type Offered

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

  Anand Rathi GCL Securities
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes

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Anand Rathi Vs GCL Securities Suitable For Investor Type

  Anand Rathi GCL Securities
Casual Investor Yes
Active Investor Yes Yes
Trader

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Anand Rathi Vs GCL Securities - Pros and Cons

  Anand Rathi GCL Securities
Pros
  1. Pan India presence.
  2. Option to trade online through web based and mobile trading platforms.
  3. Various financial products under one umbrella viz. Broking products, insurance, portfolio management services, corporate fixed deposits, structured products.
  4. Online IPO applicatioan.
  5. Loan against Shares and Margin Trading Facility available.
  6. Quick and Easy account opening.
  7. Research and advisory services.
  • 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
  1. High and non-negotiable brokerage charges.
  2. Do not offer 3 in 1 account.
  3. Extra charges for featured products.
  • 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.

Promo / Offers

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.

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