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

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


Anand Rathi
Incorporated in 1994, Anand Rathi is Mumbai, India based firm engaged in financial and advisory services which 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 and Bangkok. Anand Rathi has network of 350+ br... Know more about Anand Rathi


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 & NSEL. 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
Supported Exchnages NSE, BSE, MCX, NCDEX & NSEL BSE, NSE, MCX, NCDEX
Account Type Standard Plan Premium Plan
Year of Incorporation 1994 2004
Number of Branches 1200 7
Broker Enquiry Open an Online Trading Account with Anand Rathi. Leave your contact info and we will get in touch with you.
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Anand Rathi Vs GCL Securities Charges & AMC

Anand Rathi trading account opening charges is Rs 750 while GCL Securities account opening changes is Rs 0 (Free). Anand Rathi Demat Account AMC Charges is Rs 299 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 750 Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0 (Free)
Demat Account Opening Charges Rs 550 Rs 0 (Free)
Demat Account AMC Charges Rs 299 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 Charges & Plans

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%.

  Anand Rathi GCL Securities
Account Type Standard Plan Premium Plan
Fixed Charges NA NA
Equity Delivery Brokerage 0.5% - 0.15% 0.20%
Equity Intraday Brokerage 0.05% -0.015% 0.02%
Equity Futures Brokerage 0.05% - 0.015% 0.02%
Equity Options Brokerage Rs 75 to Rs 20 Rs 25 per lot
Currency Futures Trading Brokerage 0.05% - 0.015% 0.01%
Currency Options Trading Brokerage Rs 75 to Rs 20 Rs 15 per lot
Commodity Futures Trading Brokerage 0.008% - 0.05% 0.01%
Commodity Options Trading Brokerage Rs 50 per lot
Special Offer

Anand Rathi Vs GCL Securities Brokerage Plan 2

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

Anand Rathi Charges Vs GCL Securities

Minimum Brokerage Charges Rs 10 per contract
Other Brokerage 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 provides the margin of Upto 10x for intraday trades whereas the GCL Securities margin for intraday cash is Up to 10x (based on stock).

  Anand Rathi GCL Securities
Equity Delivery upto 4x As per exchange VaR + ELM
Equity Intraday Upto 10x Up to 10x (based on stock)
Equity Futures Upto 2x Intraday - Up to 10x, Carry forward - 100%(1x)
Equity Options Upto 2x for shorting Up to 10x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100%
Currency Futures Upto 2x Intraday - Up to 6x, Carry forward - 100%(1x)
Currency Options Upto 2x for shorting Up to 10x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100%
Commodity Futures Upto 2x 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 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 Available 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 3:10 PM
Other Features
Referral Program
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Anand Rathi Vs GCL Securities Review

Anand Rathi is rated 3.2 of 5 based on 13 customer reviews whereas GCL Securities is rated 5.0 of 5 based on 1 customer reviews.

  Anand Rathi GCL Securities
  13 Customer Reviews    Rate Anand Rathi 1 Customer Reviews    Rate GCL Securities
Fees 3.3 5.0
Trading Brokerage 3.4 5.0
Trading Platform Usability 3.2 4.0
Customer Service 3.5 5.0
Research Capabilities 5.0 5.0
Overall Ratings Rated 3.2 stars Rated 5.0 stars
Broker Rating Anand Rathi is rated 3.2 of 5 based on 13 customer reviews GCL Securities is rated 5.0 of 5 based on 1 customer reviews
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  Anand Rathi Enquire GCL Securities Enquire
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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
Initial Public Offers (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. They have 200 branches for extensive reach.
  2. call & trade is also available.
  3. Investment online in IPOs, Mutual Funds, GOI Bonds all from one website. General Insurance is also available.
  4. Trading is available in both BSE and NSE.
  5. Low bandwidth website is available for slow internet connection or for trading from mobile devices.
  • 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. AnandRathi brokerage is high and not negotiable.
  2. They don't offer 3 in 1 account.
  3. There are some extra charges for their 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.

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