Compare Articles Reports Glossary Complaints

ICICI Direct Vs GCL Securities (Compare ICICI Direct and GCL Securities)

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

ICICI Direct
ICICI Direct is a retail trading and investment service from ICICI Securities, the largest retail stock broker firm in India offering a wide range of investment options to the retail and institutional customers. ICICI Securities is part of ICICI Group, India's top financial service provider offering banking and other financial services. ICICI Securities offers 'online trading and investment' services to over 20 lakhs customers through ICICI Direct (ICICIDirect.com). ICICIDirect.com is the flags...

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...

ICICI Direct Vs GCL Securities

Incorporated in 2000, ICICI Direct is a Full Service Broker. It offers trading at BSE, NSE. It has 154 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.

	ICICI Direct	GCL Securities
Type of Broker	Full Service Broker	Full Service Broker
Supported Exchnages	BSE, NSE	BSE, NSE, MCX, NCDEX
Account Type	3-in-1 Account (I-Secure Plan)	Premium Plan
Year of Incorporation	2000	2004
Number of Branches	154	7
Broker Enquiry

ICICI Direct Vs GCL Securities Charges & AMC

ICICI Direct trading account opening charges is Rs 0 while GCL Securities account opening changes is Rs 0 (Free). ICICI Direct Demat Account AMC Charges is Rs 700 (from 2nd year) and GCL Securities Demat Account AMC Charges is Rs 300 per year or Lifetime free AMC for Rs 1250.

	ICICI Direct	GCL Securities
Trading Account Opening Charges	Rs 0	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 0 (Free)
Demat Account Opening Charges	Rs 0	Rs 0 (Free)
Demat Account AMC Charges	Rs 700 (from 2nd year)	Rs 300 per year or Lifetime free AMC for Rs 1250

ICICI Direct Vs GCL Securities Brokerage Charges & Plans

ICICI Direct Vs GCL Securities Brokerage

ICICI Direct brokerage charges for equity is 0.55% and intraday is 0.275% whereas GCL Securities brokerage charges for equity is 0.20% and intraday is 0.02%.

	ICICI Direct	GCL Securities
Account Type	3-in-1 Account (I-Secure Plan)	Premium Plan
Fixed Charges		NA
Equity Delivery Brokerage	0.55%	0.20%
Equity Intraday Brokerage	0.275%	0.02%
Equity Futures Brokerage	0.05% to 0.03%	0.02%
Equity Options Brokerage	Rs 95 to Rs 35 per lot	Rs 25 per lot
Currency Futures Trading Brokerage	0.050% to 0.030%	0.01%
Currency Options Trading Brokerage	Rs 25 to Rs 10 per lot	Rs 15 per lot
Commodity Futures Trading Brokerage	NA	0.01%
Commodity Options Trading Brokerage	NA	Rs 50 per lot
Special Offer	Special Offer: Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. Request a Callback.

ICICI Direct Vs GCL Securities Brokerage Plan 2

	ICICI Direct	GCL Securities
Account Type	I-Saver Plan	Discount Plan
Fixed Charges		NA
Equity Delivery Brokerage	0.75% to 0.25%	Rs 25 per lot
Equity Intraday Brokerage	0.75% to 0.25%	Rs 25 per lot
Equity Futures Brokerage	0.05% to 0.03%	Rs 25 per lot
Equity Options Brokerage	Rs 95 to Rs 65 per lot	Rs 25 per lot
Currency Futures Trading Brokerage	0.05% to 0.03%	Rs 25 per lot
Currency Options Trading Brokerage	0.25 to Rs 65 per lot	Rs 25 per lot
Commodity Futures Trading Brokerage	NA	Rs 25 per lot
Commodity Options Trading Brokerage	NA	Rs 25 per lot

ICICI Direct Vs GCL Securities Brokerage Plan 3

	ICICI Direct	GCL Securities
Account Type	ICICIdirect Prime Plan	Premium Plan
Fixed Charges	Rs 900	NA
Equity Delivery Brokerage	0.25%	0.20%
Equity Intraday Brokerage	0.25%	0.02%
Equity Futures Brokerage	0.025%	0.02%
Equity Options Brokerage	Rs 35	Rs 25 per lot
Currency Futures Trading Brokerage	Rs 0	0.01%
Currency Options Trading Brokerage	Rs 0	Rs 15 per lot
Commodity Futures Trading Brokerage	NA	0.01%
Commodity Options Trading Brokerage	NA	Rs 50 per lot

ICICI Direct Charges Vs GCL Securities

Minimum Brokerage Charges	Rs 35 per trade	Rs 10 per contract
Other Brokerage Charges
Call & Trade Charges	Rs 25 per call after first 20 free calls per month	Rs 0 (Free) in Premium Plan and Rs 100 per call in Discount Plan

ICICI Direct Vs GCL Securities Transaction Charges

ICICI Direct 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%).

	ICICI Direct	GCL Securities
Equity Delivery	NSE Rs 310 per Cr (0.0031%) \| BSE Rs 280 per Cr (0.0028%) (each side)	NSE Rs 325 per crore (0.00325%) \| BSE Rs 275 per crore (0.00275%)
Equity Intraday	NSE Rs 310 per Cr (0.0031%) \| BSE Rs 280 per Cr (0.0028%) (each side)	NSE Rs 325 per crore (0.00325%) \| BSE Rs 275 per crore (0.00275%)
Equity Futures	Rs 180 per Cr (0.0018%)	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 120 per Cr (0.0012%)	NSE Rs 110 per crore (0.0011%)
Currency Options	Rs 5000 per Cr (0.05%) (on premium)	NSE Rs 110 per crore (0.0011%)
Commodity	NA	MCX Rs 260 per crore (0.0026%) \| NCDEX Rs 600 per crore (0.006%)

ICICI Direct Vs GCL Securities Leverage (Margin)

ICICI Direct provides the margin of Upto 25x for intraday trades whereas the GCL Securities margin for intraday cash is Up to 10x (based on stock).

	ICICI Direct	GCL Securities
Equity Delivery	5x with Interest	As per exchange VaR + ELM
Equity Intraday	Upto 25x	Up to 10x (based on stock)
Equity Futures	4x	Intraday - Up to 10x, Carry forward - 100%(1x)
Equity Options	2x for shorting	Up to 10x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100%
Currency Futures	NA	Intraday - Up to 6x, Carry forward - 100%(1x)
Currency Options	NA	Up to 10x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100%
Commodity Futures	NA	Intraday - Up to 12x, Carry forward - 100%(1x)
Commodity Options		Up to 6x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100%

Compare ICICI Direct and GCL Securities Features

The trading platforms offered ICICI Direct include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. GCL Securities offers GCL On Time, GCL PRO WEB, ODIN DIET trading software.

	ICICI Direct	GCL Securities
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App	GCL On Time, GCL PRO WEB, ODIN DIET
Intraday Square-off Time	3:30 PM	3:10 PM
Other Features	Bullet Trading, Can trade in 32 exchanges through Saxo Trader
Referral Program

ICICI Direct Vs GCL Securities Review

ICICI Direct is rated 2.4 of 5 based on 433 customer reviews whereas GCL Securities is rated 5.0 of 5 based on 1 customer reviews.

	ICICI Direct	GCL Securities
	433 Customer Reviews	1 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	ICICI Direct is rated 2.4 of 5 based on 433 customer reviews	GCL Securities is rated 5.0 of 5 based on 1 customer reviews

Contact Broker / Request A Call Back

	ICICI Direct Enquire	GCL Securities Enquire
Contact Broker	Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. Request a Callback. Name Phone # Email City Name State Are you a day trader?

ICICI Direct Vs GCL Securities Investment Options

	ICICI Direct	GCL Securities
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS

ICICI Direct Vs GCL Securities Order Type Offered

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

ICICI Direct Vs GCL Securities Research Report

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

ICICI Direct Vs GCL Securities Suitable For Investor Type

	ICICI Direct	GCL Securities
Casual Investor
Active Investor
Trader

ICICI Direct Vs GCL Securities - Pros and Cons

	ICICI Direct	GCL Securities
Pros	Offers 3-in-1 account which makes stock market investment very easy for casual investors. Wide range of investment options available under one portal. Provides a low bandwidth website which works well where internet connection is slow. GTC (good till cancellation) and off-market hours order placement facility is very useful.	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	ICICI Security charges highest brokerage in comparison to most of the retail brokers in India. Very high 'minimum brokerage' of Rs 35 per trade or 2.5% of the trade value whichever is lower. Poor performance of website is reported in peak hours of trading. Trading Terminal (Trade Racer) cost Rs 75 per month if brokerage paid in a month is less then Rs 750. Demat Account is mandatory. Commodity trading is not available for retail investors. Call & trade cost extra Rs 25 per call after first 20 free calls in a month.	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	ICICI 3-in-1 Account ICICI Direct offers a 3-in-1 account, a combination of saving bank, trading and demat account. It offers one-click investment in Equity, Derivatives, Mutual Funds, IPO, ETF, Life Insurance, General Insurance, Currency, and Fixed Deposits. Interested in opening a trading account? Request Callback from a stock broker.

Compare More Brokers...

ICICI Direct	GCL Securities
ICICI Direct Vs Zerodha ICICI Direct Vs HDFC Securities ICICI Direct Vs Sharekhan ICICI Direct Vs AxisDirect ICICI Direct Vs Angel Broking ICICI Direct Vs Kotak Securities ICICI Direct Vs Motilal Oswal ICICI Direct Vs Karvy ICICI Direct Vs Dhani Stocks ICICI Direct Vs Stoxkart ICICI Direct Vs Groww ICICI Direct Vs IIFL Securities ICICI Direct Vs SBI Securities ICICI Direct Vs Geojit ICICI Direct Vs Religare ICICI Direct Vs Edelweiss ICICI Direct Vs SMC Global ICICI Direct Vs Nirmal Bang ICICI Direct Vs 5paisa ICICI Direct Vs Ventura ICICI Direct Vs Upstox ICICI Direct Vs Anand Rathi ICICI Direct Vs Master Trust ICICI Direct Vs Indiabulls ICICI Direct Vs Aditya Birla Money ICICI Direct Vs Bonanza ICICI Direct Vs SAMCO ICICI Direct Vs TradingBells ICICI Direct Vs IDBI Capital ICICI Direct Vs TradeSmart ICICI Direct Vs SAS Online ICICI Direct Vs iTradeOnline ICICI Direct Vs RK Global ICICI Direct Vs Tradeplus ICICI Direct Vs Tradejini ICICI Direct Vs Alice Blue ICICI Direct Vs Wisdom Capital ICICI Direct Vs Fyers ICICI Direct Vs Finvasia ICICI Direct Vs Prostocks ICICI Direct Vs RMoney ICICI Direct Vs Beeline ICICI Direct Vs Just Trade ICICI Direct Vs Achiievers ICICI Direct Vs Trustline ICICI Direct Vs Indira Securities ICICI Direct Vs Paytm Money ICICI Direct Vs Choice Broking ICICI Direct Vs Yes Securities	GCL Securities Vs Zerodha GCL Securities Vs HDFC Securities GCL Securities Vs Sharekhan GCL Securities Vs AxisDirect GCL Securities Vs Angel Broking GCL Securities Vs Kotak Securities GCL Securities Vs Motilal Oswal GCL Securities Vs Karvy GCL Securities Vs Dhani Stocks GCL Securities Vs Stoxkart GCL Securities Vs Groww GCL Securities Vs IIFL Securities GCL Securities Vs SBI Securities GCL Securities Vs Geojit GCL Securities Vs Religare GCL Securities Vs Edelweiss GCL Securities Vs SMC Global GCL Securities Vs Nirmal Bang GCL Securities Vs 5paisa GCL Securities Vs Ventura GCL Securities Vs Upstox GCL Securities Vs Anand Rathi GCL Securities Vs Master Trust GCL Securities Vs Indiabulls GCL Securities Vs Aditya Birla Money GCL Securities Vs Bonanza GCL Securities Vs SAMCO GCL Securities Vs TradingBells GCL Securities Vs IDBI Capital GCL Securities Vs TradeSmart GCL Securities Vs SAS Online GCL Securities Vs iTradeOnline GCL Securities Vs RK Global GCL Securities Vs Tradeplus GCL Securities Vs Tradejini GCL Securities Vs Alice Blue GCL Securities Vs Wisdom Capital GCL Securities Vs Fyers GCL Securities Vs Finvasia GCL Securities Vs Prostocks GCL Securities Vs RMoney GCL Securities Vs Beeline GCL Securities Vs Just Trade GCL Securities Vs Achiievers GCL Securities Vs Trustline GCL Securities Vs Indira Securities GCL Securities Vs Paytm Money GCL Securities Vs Choice Broking GCL Securities Vs Yes Securities

Compare More Brokers: