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Edelweiss Vs GCL Securities (Compare Edelweiss and GCL Securities)

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...

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...

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

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

Edelweiss Vs GCL Securities Brokerage Charges & Plans

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%.

	Edelweiss	GCL Securities
Account Type	Edelweiss Lite	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

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

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%)

Edelweiss Vs GCL Securities Leverage (Margin)

Edelweiss margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the GCL Securities margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	Edelweiss	GCL Securities
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)

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
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
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

Edelweiss Vs GCL Securities Review

Edelweiss is rated 3.0 of 5 based on 65 customer reviews whereas GCL Securities is rated 4.7 of 5 based on 20 customer reviews.

	Edelweiss	GCL Securities
	65 Customer Reviews	20 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Edelweiss is rated 3.0 of 5 based on 65 customer reviews	GCL Securities is rated 4.7 of 5 based on 20 customer reviews

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.

Edelweiss Vs GCL Securities Investment Options

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

Edelweiss Vs GCL Securities Order Type Offered

	Edelweiss	GCL Securities
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

Edelweiss Vs GCL Securities Research Report

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

Edelweiss Vs GCL Securities Suitable For Investor Type

	Edelweiss	GCL Securities
Casual Investor
Active Investor
Trader

Edelweiss Vs GCL Securities - Pros and Cons

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