Angel Broking Vs GCL Securities (Compare Angel Broking and GCL Securities)

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


Angel Broking
Incorporated in 1987, Angel Broking is one of the largest full-service retail brokers in India. The company offers a wide range of investment and trading services including stock and commodity broking, investment advisory services, margin funding, loans against shares, and financial products distribution. Angel Broking is a strong neighborhood presence with 110 branches and 11,000 sub-broker offices in 1800+ cities in India as of June 30, 2018.. Angel Broking IPO Live Updates ... Know more about Angel Broking Ltd


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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Angel Broking Vs GCL Securities

Incorporated in 1987, Angel Broking is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. 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.

  Angel Broking GCL Securities
Type of Broker Full Service Broker Full Service Broker
Supported Exchnages BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Account Type Angel iTrade PRIME Premium Plan
Year of Incorporation 1987 2004
Number of Branches 900 7
Broker Enquiry Open an Online Trading Account with Angel Broking. Leave your contact info and we will get in touch with you.
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Angel Broking Vs GCL Securities Charges & AMC

Angel Broking trading account opening charges is Rs 0 (Free) while GCL Securities account opening changes is Rs 0 (Free). Angel Broking Demat Account AMC Charges is Rs 450 (from 2nd year) and GCL Securities Demat Account AMC Charges is Rs 300 per year or Lifetime free AMC for Rs 1250.

  Angel Broking GCL Securities
Trading Account Opening Charges Rs 0 (Free) 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 450 (from 2nd year) Rs 300 per year or Lifetime free AMC for Rs 1250
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Angel Broking Vs GCL Securities Brokerage Charges & Plans

Angel Broking Vs GCL Securities Brokerage

Angel Broking brokerage charges for equity is Rs 0 (Free) and intraday is Flat Rs 20 per executed order whereas GCL Securities brokerage charges for equity is 0.20% and intraday is 0.02%.

  Angel Broking GCL Securities
Account Type Angel iTrade PRIME Premium Plan
Fixed Charges NA
Equity Delivery Brokerage Rs 0 (Free) 0.20%
Equity Intraday Brokerage Flat Rs 20 per executed order 0.02%
Equity Futures Brokerage Flat Rs 20 per executed order 0.02%
Equity Options Brokerage Flat Rs 20 per executed order Rs 25 per lot
Currency Futures Trading Brokerage Flat Rs 20 per executed order 0.01%
Currency Options Trading Brokerage Flat Rs 20 per executed order Rs 15 per lot
Commodity Futures Trading Brokerage Flat Rs 20 per executed order 0.01%
Commodity Options Trading Brokerage Flat Rs 20 per executed order Rs 50 per lot
Special Offer
Special Offer: Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the offer

Angel Broking Vs GCL Securities Brokerage Plan 2

  Angel Broking GCL Securities
Account Type Angel iTrade PRIME Discount Plan
Fixed Charges NA
Equity Delivery Brokerage Rs 0 (Free) Rs 25 per lot
Equity Intraday Brokerage Flat Rs 20 per executed order Rs 25 per lot
Equity Futures Brokerage Flat Rs 20 per executed order Rs 25 per lot
Equity Options Brokerage Flat Rs 20 per executed order Rs 25 per lot
Currency Futures Trading Brokerage Flat Rs 20 per executed order Rs 25 per lot
Currency Options Trading Brokerage Flat Rs 20 per executed order Rs 25 per lot
Commodity Futures Trading Brokerage Flat Rs 20 per executed order Rs 25 per lot
Commodity Options Trading Brokerage Flat Rs 20 per executed order Rs 25 per lot

Angel Broking Charges Vs GCL Securities

Minimum Brokerage Charges Equity Rs 20 | F&O Rs 30 Rs 10 per contract
Other Brokerage Charges
Call & Trade Charges Additional Rs 20 per executed order Rs 0 (Free) in Premium Plan and Rs 100 per call in Discount Plan
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Angel Broking Vs GCL Securities Transaction Charges

Angel Broking transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium) while GCL Securities exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).

  Angel Broking GCL Securities
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (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 300 per Cr (0.003%) (each side) NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 190 per crore (0.0019%)
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium) NSE Rs 5000 per crore (0.05%)
Currency Futures Rs 190 per Cr (0.0019%) NSE Rs 110 per crore (0.0011%)
Currency Options NSE Rs 5000 per Cr (0.05%)(on premium) NSE Rs 110 per crore (0.0011%)
Commodity MCX Rs 150 per Cr (0.0015%) | NCDEX Rs 300 per Cr (0.003%) MCX Rs 260 per crore (0.0026%) | NCDEX Rs 600 per crore (0.006%)
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Angel Broking Vs GCL Securities Leverage (Margin)

Angel Broking provides the margin of Upto 10x for intraday trades whereas the GCL Securities margin for intraday cash is Up to 10x (based on stock).

  Angel Broking GCL Securities
Equity Delivery Upto 3x with 24% interest per year As per exchange VaR + ELM
Equity Intraday Upto 10x Up to 10x (based on stock)
Equity Futures Upto 4x Intraday - Up to 10x, Carry forward - 100%(1x)
Equity Options 3x 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 5x for shorting Up to 10x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100%
Commodity Futures 3x 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 Angel Broking and GCL Securities Features

The trading platforms offered Angel Broking include Angel Broking App (Mobile), Angel Eye (Website), Angel Speedpro (Trading Terminal). GCL Securities offers GCL On Time, GCL PRO WEB, ODIN DIET trading software.

  Angel Broking 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 Angel Broking App (Mobile), Angel Eye (Website), Angel Speedpro (Trading Terminal) GCL On Time, GCL PRO WEB, ODIN DIET
Intraday Square-off Time 3:15 PM 3:10 PM
Other Features Daily, weekly and monthly reports of Equity, F&O, Commodities and Currency
Referral Program Yes
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Angel Broking Vs GCL Securities Review

Angel Broking is rated 2.8 of 5 based on 215 customer reviews whereas GCL Securities is rated 5.0 of 5 based on 1 customer reviews.

  Angel Broking GCL Securities
  215 Customer Reviews    Rate Angel Broking 1 Customer Reviews    Rate GCL Securities
Fees 3.0 5.0
Trading Brokerage 3.0 5.0
Trading Platform Usability 3.1 4.0
Customer Service 2.6 5.0
Research Capabilities 2.6 5.0
Overall Ratings Rated 2.8 stars Rated 5.0 stars
Broker Rating Angel Broking is rated 2.8 of 5 based on 215 customer reviews GCL Securities is rated 5.0 of 5 based on 1 customer reviews
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Contact Broker / Request A Call Back

  Angel Broking Enquire GCL Securities Enquire
Contact Broker

Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the offer

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Angel Broking Vs GCL Securities Investment Options

  Angel Broking 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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Angel Broking Vs GCL Securities Order Type Offered

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

  Angel Broking GCL Securities
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Angel Broking Vs GCL Securities Suitable For Investor Type

  Angel Broking GCL Securities
Casual Investor Yes
Active Investor Yes Yes
Trader Yes
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Angel Broking Vs GCL Securities - Pros and Cons

  Angel Broking GCL Securities
Pros
  1. Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
  2. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  3. Pay flat Rs 20 per executed order across segments including Equity Intraday, F&O, Currency and Commodity.
  4. Allows trade in commodity exchanges, MCX and NCDEX
  5. Easy-to-use online trading platforms
  6. High Quality Research Reports
  7. Free trading software - mobile, website and trading terminal.
  • 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
  • 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

Discount Brokerage Trading Plan (Flat Rate Pricing)

Get full-service brokerage plan with discount broker pricing. Brokerage free equity delivery trading (truly no brokerage) and pay flat Rs 20 brokerage for Intraday and F&O trades. Get high-quality research reports and personalized services for free. To open an account with Zerodha, simply leave your contact information with us and Angel Broking representatives will call you.

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