Finvasia Vs GCL Securities (Compare Finvasia and GCL Securities)


Finvasia
Finvasia is India based technology-driven financial service provider. Finvasia offers a wide range of financial services in India and 14 other countries. The key offerings include retail trading in equity, currency and commodity, asset management, investment banking, advisory, and currency hedging. Finvasia cater to retail, institutional and foreign customers. Honest Pricing. Leading-edge Platform. Exceptional Service. Finvasia Founders Finvasia Securities is based in Chandigarh, In... Know more about Finvasia Securities Pvt 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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Finvasia Vs GCL Securities

Incorporated in 2013, Finvasia is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 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.

  Finvasia GCL Securities
Type of Broker Discount Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX, NCDEX
Account Type Standard Premium Plan
Year of Incorporation 2013 2004
Number of Branches 1 7
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Finvasia Vs GCL Securities Charges & AMC

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

  Finvasia 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 0 per year (Lifetime Zero AMC) Rs 300 per year or Lifetime free AMC for Rs 1250
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Finvasia Vs GCL Securities Brokerage Charges & Plans

Finvasia Vs GCL Securities Brokerage

Finvasia brokerage charges for equity is Rs 0 and intraday is Rs 0 whereas GCL Securities brokerage charges for equity is 0.20% and intraday is 0.02%.

  Finvasia GCL Securities
Account Type Standard Premium Plan
Fixed Charges NA NA
Equity Delivery Rs 0 0.20%
Equity Intraday Rs 0 0.02%
Equity Futures Rs 0 0.02%
Equity Options Rs 0 Rs 25 per lot
Currency Futures Rs 0 0.01%
Currency Options Rs 0 Rs 15 per lot
Commodity Futures Rs 0 0.01%
Commodity Options Rs 0 Rs 50 per lot
Special Offer
Special Offer: Get Free Trading + Demat Account (No account opening fee) for limited time. Request a Callback.

Finvasia Vs GCL Securities Brokerage Plan 2

  Finvasia GCL Securities
Account Type Standard Discount Plan
Fixed Charges NA NA
Equity Delivery Rs 0 Rs 25 per lot
Equity Intraday Rs 0 Rs 25 per lot
Equity Futures Rs 0 Rs 25 per lot
Equity Options Rs 0 Rs 25 per lot
Currency Futures Rs 0 Rs 25 per lot
Currency Options Rs 0 Rs 25 per lot
Commodity Futures Rs 0 Rs 25 per lot
Commodity Options Rs 0 Rs 25 per lot

Finvasia Charges Vs GCL Securities

Minimum Brokerage Rs 0 Rs 10 per contract
Other Charges Bracket Orders in NEST: Rs 99 per month
Call & Trade Charges Rs 0 Rs 0 (Free) in Premium Plan and Rs 100 per call in Discount Plan
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Finvasia Vs GCL Securities Transaction Charges

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

  Finvasia GCL Securities
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (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 325 per Cr (0.00325%) (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 Rs 5000 per Cr (0.05%) (on premium) NSE Rs 5000 per crore (0.05%)
Currency Futures 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 Rs 260 per Cr (0.0026%) MCX Rs 260 per crore (0.0026%) | NCDEX Rs 600 per crore (0.006%)
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Finvasia Vs GCL Securities Leverage (Margin)

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

  Finvasia GCL Securities
Equity Delivery 1x As per exchange VaR + ELM
Equity Intraday up to 10x Up to 10x (based on stock)
Equity Futures 2x Intraday - Up to 10x, Carry forward - 100%(1x)
Equity Options 1x Up to 10x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100%
Currency Futures 1x Intraday - Up to 6x, Carry forward - 100%(1x)
Currency Options 1x Up to 10x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100%
Commodity Futures 2x Intraday - Up to 12x, Carry forward - 100%(1x)
Commodity Options 1x Up to 6x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100%
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Compare Finvasia and GCL Securities Features

The trading platforms offered Finvasia include Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto. GCL Securities offers GCL On Time, GCL PRO WEB, ODIN DIET trading software.

  Finvasia GCL Securities
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding No No
Margin Against Shares (Equity Cash) No Yes
Margin Against Shares (Equity F&O) No Yes
Trading Platform Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto GCL On Time, GCL PRO WEB, ODIN DIET
Intraday Square-off Time 3:15 PM 3:10 PM
Other Features Asset management, Investment Banking, Advisory, and Currency hedging.
Referral Program
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Finvasia Vs GCL Securities Review

Finvasia is rated 4.5 of 5 based on 36 customer reviews whereas GCL Securities is rated 4.7 of 5 based on 19 customer reviews.

  Finvasia GCL Securities
  36 Customer Reviews    Rate Finvasia 19 Customer Reviews    Rate GCL Securities
Fees 4.7 4.7
Brokerage 4.9 4.6
Trading Platform 3.5 4.1
Customer Service 4.4 4.3
Research Capabilities 2.7 4.5
Overall Ratings Rated 4.5 stars Rated 4.7 stars
Broker Rating Finvasia is rated 4.5 of 5 based on 36 customer reviews GCL Securities is rated 4.7 of 5 based on 19 customer reviews
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Contact Broker / Request A Call Back

  Finvasia Enquire GCL Securities Enquire
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Finvasia Vs GCL Securities Investment Options

  Finvasia GCL Securities
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options
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Finvasia Vs GCL Securities Order Type Offered

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

  Finvasia GCL Securities
Daily Market Report Yes Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes
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Finvasia Vs GCL Securities Suitable For Investor Type

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

  Finvasia GCL Securities
Pros
  • Finvasia truly doesn't charge any brokers for any segment on any exchange. No monthly fee except software uses charges for few optional advances trading platform.
  • Doesn't charge any trade clearing charges.
  • A variety of trading platforms are available for the trader to choose from.
  • Provides trading API and support Algo trading tools.
  • Offer other services including Asset Management, Investment Banking, Research and Currency Hedging for retail, institutional and foreign clients.
  • Call & trade is available for free to all the customers.
  • GTC orders are available in MCX.
  • 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
  • Scalpter, the web-based trading platform has only 1 min charting frame.
  • Bracket orders are chargeable.
  • NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees.
  • GTC orders are not available at NSE and BSE.
  • Finvasia is an online stock broker. It doesn't have branch offices.
  • Doesn't offer a 3-in-1 account.
  • Doesn't offer margin funding.
  • Leverage offered is on the lower side in comparison with other discount brokers.
  • 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

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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