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Edelweiss Vs GCL Securities (Compare Edelweiss and GCL Securities)

Edelweiss Broking Ltd Logo

About Edelweiss
Incorporated in 2008, Edelweiss Broking Ltd. is a Mumbai, India based full- service stockbroking firm. The company is a part of Edelweiss Group, incorporated in 1995, a leading diversified financial services conglomerate. The Retail Broking business of Edelweiss offers facilities to invest & trade in all major asset classes: Equity, Debt, Mutual Funds, IPOs, Currency Derivatives, commodities and Futures & Options. Edelweiss offers investment advice backed by research and analysis to it... Know more about Edelweiss Broking Ltd

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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Edelweiss Vs GCL Securities

Incorporated in 2002, Edelweiss is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 237 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.

  Edelweiss GCL Securities
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Year of Incorporation 2002 2004
Number of Branches 237 7
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Edelweiss Vs GCL Securities Charges & AMC

Edelweiss trading account opening charges is Rs 0 (Free) while GCL Securities account opening changes is Rs 0 (Free). Edelweiss Demat Account AMC Charges is Rs 500 (1st Year Free) and GCL Securities Demat Account AMC Charges is Rs 300 per year or Lifetime free AMC for Rs 1250.

  Edelweiss 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 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 500 (1st Year Free) Rs 300 per year or Lifetime free AMC for Rs 1250

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Edelweiss Vs GCL Securities Brokerage

Edelweiss brokerage charges for equity is Rs 10 per executed order and intraday is Rs 10 per executed order whereas GCL Securities brokerage charges for equity is 0.20% and intraday is 0.02%.

Account Type Edelweiss Edelweiss Lite GCL Securities Premium Plan
Fixed Charges NA NA
Equity Delivery Rs 10 per executed order 0.20%
Equity Intraday Rs 10 per executed order 0.02%
Equity Futures Rs 10 per executed order 0.02%
Equity Options Rs 10 per executed order Rs 25 per lot
Currency Futures Rs 10 per executed order 0.01%
Currency Options Rs 10 per executed order Rs 15 per lot
Commodity Futures 0.01%
Commodity Options Rs 50 per lot
Special Offer
Special Offer: Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.
Special Offer: Get Free Trading + Demat Account (No account opening fee) for limited time. Request a Callback.

Edelweiss Vs GCL Securities Brokerage Plan 2

  Edelweiss GCL Securities
Account Type Edelweiss Elite Discount Plan
Fixed Charges NA
Equity Delivery 0.30% Rs 25 per lot
Equity Intraday 0.03% Rs 25 per lot
Equity Futures 0.03% Rs 25 per lot
Equity Options Rs 75 per lot Rs 25 per lot
Currency Futures 0.02% Rs 25 per lot
Currency Options Rs 22 per lot Rs 25 per lot
Commodity Futures Rs 25 per lot
Commodity Options Rs 25 per lot
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Edelweiss Charges Vs GCL Securities

Minimum Brokerage 0.03% Equity delivery, 0.01% Intra-day and Futures Rs 10 per contract
Other Charges Margin Funding: 0.08%/day, Research: Rs 50 per month,
Call & Trade Charges Rs 20 per call Rs 0 (Free) in Premium Plan and Rs 100 per call in Discount Plan

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Edelweiss Vs GCL Securities Transaction Charges

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

  Edelweiss GCL Securities
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (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 275 per Cr (0.00275%) (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 190 per Cr (0.0019%) (each side) NSE Rs 190 per crore (0.0019%)
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium) NSE Rs 5000 per crore (0.05%)
Currency Futures NSE Rs 115 per Cr (0.00115%) | BSE Rs 115 per Cr (0.00115%) NSE Rs 110 per crore (0.0011%)
Currency Options Rs 4000 per Cr (0.04%) (on premium) NSE Rs 110 per crore (0.0011%)
Commodity MCX Rs 260 per crore (0.0026%) | NCDEX Rs 600 per crore (0.006%)
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Edelweiss Vs GCL Securities Leverage (Margin)

Edelweiss 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.

  Edelweiss 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 Edelweiss and GCL Securities Features

The trading platforms offered Edelweiss include Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress. GCL Securities offers GCL On Time, GCL PRO WEB, ODIN DIET trading software.

  Edelweiss GCL Securities
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress GCL On Time, GCL PRO WEB, ODIN DIET
Intraday Square-off Time 3:00 PM 3:10 PM
Other Features
Referral Program
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Edelweiss Vs GCL Securities Review

Edelweiss is rated 3.0 of 5 based on 70 customer reviews whereas GCL Securities is rated 4.7 of 5 based on 20 customer reviews.

  Edelweiss GCL Securities
  70 Customer Reviews    Rate Edelweiss 20 Customer Reviews    Rate GCL Securities
Fees 3.1 4.8
Brokerage 3.1 4.6
Trading Platform 3.5 4.1
Customer Service 2.7 4.3
Research Capabilities 3.0 4.5
Overall Ratings Rated 3.0 stars Rated 4.7 stars
Broker Rating Edelweiss is rated 3.0 of 5 based on 70 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

  Edelweiss Enquire GCL Securities Enquire
Contact Broker Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes. Get Free Trading + Demat Account (No account opening fee) for limited time. Request a Callback.

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Edelweiss Vs GCL Securities Investment Options

  Edelweiss 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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Edelweiss Vs GCL Securities Order Type Offered

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

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

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Edelweiss Vs GCL Securities Suitable For Investor Type

  Edelweiss GCL Securities
Casual Investor Yes
Active Investor Yes Yes
Trader Yes

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Edelweiss Vs GCL Securities - Pros and Cons

  Edelweiss GCL Securities
Pros
  1. Full-service broker offering discount brokerage plan.
  2. Trade at flat Rs 10 per executed order across all segments in Edelweiss Lite Plan.
  3. Instant online account opening: Open your Investing & Trading account in less than 15 minutes.
  4. Offer commodity trading on the same trading platform.
  5. Free research and trading tips call to all the customers.
  6. Online IPO application.
  • 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. The bracket orders are not available.
  2. Good Till canceled orders are not available.
  3. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures
  4. Call & Trade is available at an additional cost of Rs 20 per call.
  • 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

Trade @ Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening (for limited time only)

  • Flat Rs 10 per trade across all segments.
  • FREE Research and Trading Tips.
  • Margin against share and Margin Funding available.

It is a limited-time offer. Open FREE Edelweiss Account online in just 15 Minutes.

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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