GCL Securities Vs Paytm Money (Compare GCL Securities and Paytm Money)

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


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


Paytm Money
Incorporated in 2017, Paytm Money Limited (commonly known as Paytm Money) is a Bengaluru based discount brokering firm. Paytm Money is a wholly-owned subsidiary of India's largest and leading digital goods and mobile platform, One97 Communications Ltd that also owns the Paytm brand. Paytm is an RBI-approved Indian e-commerce payment system. Paytm Money is a SEBI registered stockbroker and an Investment Advisor. The company has a depository participant membership of CDSL and is also a member of ... Know more about Paytm Money Limited

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GCL Securities Vs Paytm Money

Incorporated in 2004, GCL Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 7 branches across India. Incorporated in 2017, Paytm Money is a Discount Broker. It offers trading at NSE and BSE. It has 1 branches across India.

  GCL Securities Paytm Money
Type of Broker Full Service Broker Discount Broker
Supported Exchnages BSE, NSE, MCX, NCDEX NSE and BSE
Account Type Premium Plan Standard Plan
Year of Incorporation 2004 2017
Number of Branches 7 1
Broker Enquiry
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GCL Securities Vs Paytm Money Charges & AMC

GCL Securities trading account opening charges is Rs 0 (Free) while Paytm Money account opening changes is Rs 200. GCL Securities Demat Account AMC Charges is Rs 300 per year or Lifetime free AMC for Rs 1250 and Paytm Money Demat Account AMC Charges is Rs 0 (Free).

  GCL Securities Paytm Money
Trading Account Opening Charges Rs 0 (Free) Rs 200
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 300 per year or Lifetime free AMC for Rs 1250 Rs 0 (Free)
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GCL Securities Vs Paytm Money Brokerage Charges & Plans

GCL Securities Vs Paytm Money Brokerage

GCL Securities brokerage charges for equity is 0.20% and intraday is 0.02% whereas Paytm Money brokerage charges for equity is Rs 0 (Free - Minimum Rs 0.01 per executed order) and intraday is R10 per executed order or 0.05% whichever is lower.

  GCL Securities Paytm Money
Account Type Premium Plan Standard Plan
Fixed Charges NA NA
Equity Delivery Brokerage 0.20% Rs 0 (Free - Minimum Rs 0.01 per executed order)
Equity Intraday Brokerage 0.02% R10 per executed order or 0.05% whichever is lower
Equity Futures Brokerage 0.02% Rs 10 per executed order
Equity Options Brokerage Rs 25 per lot Rs 10 per executed order
Currency Futures Trading Brokerage 0.01%
Currency Options Trading Brokerage Rs 15 per lot
Commodity Futures Trading Brokerage 0.01%
Commodity Options Trading Brokerage Rs 50 per lot
Special Offer
Special Offer: Get Free Trading + Demat Account (No account opening fee) for limited time. Request a Callback.
Special Offer: Brokerage free equity delivery trading + Flat Rs 10 Intra-day and F&O trades + Rs 0 Demat AMC. Get the offer

GCL Securities Vs Paytm Money Brokerage Plan 2

  GCL Securities Paytm Money
Account Type Discount Plan Standard Plan
Fixed Charges NA NA
Equity Delivery Brokerage Rs 25 per lot Rs 0 (Free - Minimum Rs 0.01 per executed order)
Equity Intraday Brokerage Rs 25 per lot R10 per executed order or 0.05% whichever is lower
Equity Futures Brokerage Rs 25 per lot Rs 10 per executed order
Equity Options Brokerage Rs 25 per lot Rs 10 per executed order
Currency Futures Trading Brokerage Rs 25 per lot
Currency Options Trading Brokerage Rs 25 per lot
Commodity Futures Trading Brokerage Rs 25 per lot
Commodity Options Trading Brokerage Rs 25 per lot

GCL Securities Charges Vs Paytm Money

Minimum Brokerage Charges Rs 10 per contract Rs 0.01 per executed order on Equity Delivery trades
Other Brokerage Charges Platform Usage Fees - Rs300 p.a; Physical Statements/Documents - ₹300 per request + ₹300 per Courier
Call & Trade Charges Rs 0 (Free) in Premium Plan and Rs 100 per call in Discount Plan Rs 300
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GCL Securities Vs Paytm Money Transaction Charges

GCL Securities transaction charges for options is NSE Rs 5000 per crore (0.05%) while Paytm Money exchange transaction charges for options is Rs 5,000 per Cr (0.05%).

  GCL Securities Paytm Money
Equity Delivery NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%) NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%) NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures NSE Rs 190 per crore (0.0019%) Rs 190 per Cr (0.0019%)
Equity Options NSE Rs 5000 per crore (0.05%) Rs 5,000 per Cr (0.05%)
Currency Futures NSE Rs 110 per crore (0.0011%)
Currency Options 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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GCL Securities Vs Paytm Money Leverage (Margin)

GCL Securities provides the margin of Up to 10x (based on stock) for intraday trades whereas the Paytm Money margin for intraday cash is Up to 7.5x (based on the stock).

  GCL Securities Paytm Money
Equity Delivery As per exchange VaR + ELM 1x (no margin)
Equity Intraday Up to 10x (based on stock) Up to 7.5x (based on the stock)
Equity Futures Intraday - Up to 10x, Carry forward - 100%(1x) Intra-day: 3x | Carry forward: 1x (no margin)
Equity Options Up to 10x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100% Intra-day (Options Sell): 3x | Carry forward: 1x (no margin)
Currency Futures Intraday - Up to 6x, Carry forward - 100%(1x)
Currency Options Up to 10x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100%
Commodity Futures 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 GCL Securities and Paytm Money Features

The trading platforms offered GCL Securities include GCL On Time, GCL PRO WEB, ODIN DIET. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.

  GCL Securities Paytm Money
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes No
Trading Platform GCL On Time, GCL PRO WEB, ODIN DIET Paytm Money mobile app, Paytm Money website
Intraday Square-off Time 3:10 PM 3:15 PM
Other Features
Referral Program
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GCL Securities Vs Paytm Money Review

GCL Securities is rated 5.0 of 5 based on 1 customer reviews whereas Paytm Money is rated 3.8 of 5 based on 4 customer reviews.

  GCL Securities Paytm Money
  1 Customer Reviews    Rate GCL Securities 4 Customer Reviews    Rate Paytm Money
Fees 5.0 3.8
Trading Brokerage 5.0 4.3
Trading Platform Usability 4.0 3.8
Customer Service 5.0 3.0
Research Capabilities 5.0 2.8
Overall Ratings Rated 5.0 stars Rated 3.8 stars
Broker Rating GCL Securities is rated 5.0 of 5 based on 1 customer reviews Paytm Money is rated 3.8 of 5 based on 4 customer reviews
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Contact Broker / Request A Call Back

  GCL Securities Enquire Paytm Money Enquire
Contact Broker
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GCL Securities Vs Paytm Money Investment Options

  GCL Securities Paytm Money
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes No
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes No
Other Investment Options NPS Retirement Fund, Digital Fund
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GCL Securities Vs Paytm Money Order Type Offered

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

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

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

  GCL Securities Paytm Money
Pros
  • 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.
  • Brokerage free equity delivery trading.
  • Low-cost trading charges.
  • Free Mutual Fund investments with no hidden charges.
  • Direct MF platform that helps you earn an extra 1% returns.
  • Zero Maintenance Charges.
  • Instant digital account opening.
  • Simple and easy trading platforms.
  • Online IPO application services.
  • Offers to invest in NPS and digital gold investment along with Stocks, Derivatives, and MF.
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.
  • Branch support not available.
  • GTC order type not available.
  • Charges for the usage of trading platforms.
  • No Margin trading facility.
  • No Margin against shares.
  • Commodity and Currency trading not available.
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.

Paytm Money Limited, commonly known as Paytm Money, is a Bengaluru based online discount broker incorporated in 2017 offering trading and investment services for an entire range of financial products like Equity, Derivatives, Direct Mutual Funds, Digital gold, NPS retirement funds, and IPO. The company also provides investment advisory services by way of offering investment packs for mutual fund investments.

The company claims to be a leader and pioneer in low-cost trading. Paytm Money follows a flat fee model. The maximum brokerage charged by the broker is Rs 10 per trade. Paytm Money offers free Equity Delivery trading. Paytm Money is a member of NSE and BSE and has a depository membership with CDSL.

Paytm Money charges Rs 200 towards account opening and zero annual maintenance charges for the Demat account. The company offers an online trading platform - Paytm Money on Android, iOS, and website.

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.

Free Equity Delivery Trading

Get free equity delivery trading (no brokerage) and pay flat Rs 10 brokerage for Intraday and F&O trades. Rs 0 AMC for your demat account. To open an account with Paytm Money, simply Open Online Account or request a callback.

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