The side-by-side comparison of Edelweiss and GCL Securities. Compare Edelweiss Vs GCL Securities brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Edelweiss vs 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...
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 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 | |
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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 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 | |
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Account Type | Edelweiss Lite | Premium Plan |
Fixed Charges | NA | NA |
Equity Delivery Brokerage | Rs 10 per executed order | 0.20% |
Equity Intraday Brokerage | Rs 10 per executed order | 0.02% |
Equity Futures Brokerage | Rs 10 per executed order | 0.02% |
Equity Options Brokerage | Rs 10 per executed order | Rs 25 per lot |
Currency Futures Trading Brokerage | Rs 10 per executed order | 0.01% |
Currency Options Trading Brokerage | Rs 10 per executed order | Rs 15 per lot |
Commodity Futures Trading Brokerage | 0.01% | |
Commodity Options Trading Brokerage | Rs 50 per lot | |
Special Offer | Special Offer: [Full-service Discount Brokerage Plan] Trade @ flat Rs 10 per order. Get free trading and demat account. Request a Callback. |
Edelweiss | GCL Securities | |
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Account Type | Edelweiss Elite | Discount Plan |
Fixed Charges | NA | |
Equity Delivery Brokerage | 0.30% | Rs 25 per lot |
Equity Intraday Brokerage | 0.03% | Rs 25 per lot |
Equity Futures Brokerage | 0.03% | Rs 25 per lot |
Equity Options Brokerage | Rs 75 per lot | Rs 25 per lot |
Currency Futures Trading Brokerage | 0.02% | Rs 25 per lot |
Currency Options Trading Brokerage | Rs 22 per lot | Rs 25 per lot |
Commodity Futures Trading Brokerage | Rs 25 per lot | |
Commodity Options Trading Brokerage | Rs 25 per lot |
Minimum Brokerage Charges | 0.03% Equity delivery, 0.01% Intra-day and Futures | Rs 10 per contract |
Other Brokerage 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 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 | |
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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 provides the margin of Up to 40x for intraday trades whereas the GCL Securities margin for intraday cash is Up to 10x (based on stock).
Edelweiss | GCL Securities | |
---|---|---|
Equity Delivery | Up to 10x | As per exchange VaR + ELM |
Equity Intraday | Up to 40x | Up to 10x (based on stock) |
Equity Futures | 40x | Intraday - Up to 10x, Carry forward - 100%(1x) |
Equity Options | Nil | Up to 10x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100% |
Currency Futures | 1.5x | Intraday - Up to 6x, Carry forward - 100%(1x) |
Currency Options | Nil | Up to 10x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100% |
Commodity Futures | Up to 6x | Intraday - Up to 12x, Carry forward - 100%(1x) |
Commodity Options | Up to 6x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100% |
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 | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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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 is rated 3.0 of 5 based on 55 customer reviews whereas GCL Securities is rated 5.0 of 5 based on 1 customer reviews.
Edelweiss | GCL Securities | |
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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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Promo / Offers | Edelweiss Lite (Discount Brokerage Plan) + Free Trading & Demat Account (for limited time only)Edelweiss offers FREE Trading + Demat Account. Get a discount trading plan offering trading @ Rs 10 per order flat rate. Save over 60% on brokerage in comparison of other full-service brokers. This is a limited time offer. Simply leave your contact information with us and Edelweiss representatives will contact you. |
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