IDBI Capital Vs GCL Securities (Compare IDBI Capital and GCL Securities)

IDBI Capital Vs GCL Securities

Incorporated in 1993, IDBI Capital is a Full Service Broker. It offers trading at BSE, NSE, NSDL. It has 14 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.

	IDBI Capital	GCL Securities
Type of Broker	Full Service Broker	Full Service Broker
Supported Exchnages	BSE, NSE, NSDL	BSE, NSE, MCX, NCDEX
Account Type	Standard Plan	Premium Plan
Year of Incorporation	1993	2004
Number of Branches	14	7
Broker Enquiry

IDBI Capital Vs GCL Securities Charges & AMC

IDBI Capital trading account opening charges is Rs 500 while GCL Securities account opening changes is Rs 0 (Free). IDBI Capital Demat Account AMC Charges is Rs 450 and GCL Securities Demat Account AMC Charges is Rs 300 per year or Lifetime free AMC for Rs 1250.

	IDBI Capital	GCL Securities
Trading Account Opening Charges	Rs 500	Rs 0 (Free)
Trading Account AMC Charges	NIL	Rs 0 (Free)
Demat Account Opening Charges	NIL	Rs 0 (Free)
Demat Account AMC Charges	Rs 450	Rs 300 per year or Lifetime free AMC for Rs 1250

IDBI Capital Vs GCL Securities Brokerage

IDBI Capital brokerage charges for equity is 0.50% and intraday is 0.05% whereas GCL Securities brokerage charges for equity is 0.20% and intraday is 0.02%.

	IDBI Capital	GCL Securities
Account Type	Standard Plan	Premium Plan
Fixed Charges		NA
Equity Delivery Brokerage	0.50%	0.20%
Equity Intraday Brokerage	0.05%	0.02%
Equity Futures Brokerage	0.05%	0.02%
Equity Options Brokerage	Rs 100 per lot	Rs 25 per lot
Currency Futures Trading Brokerage	NA	0.01%
Currency Options Trading Brokerage	NA	Rs 15 per lot
Commodity Futures Trading Brokerage	NA	0.01%
Commodity Options Trading Brokerage	NA	Rs 50 per lot
Special Offer

IDBI Capital Vs GCL Securities Brokerage Plan 2

	IDBI Capital	GCL Securities
Account Type	Ace Trader Plan	Discount Plan
Fixed Charges		NA
Equity Delivery Brokerage	0.10% to 0.50%	Rs 25 per lot
Equity Intraday Brokerage	0.020% to 0.050%	Rs 25 per lot
Equity Futures Brokerage	0.020% to 0.048%	Rs 25 per lot
Equity Options Brokerage	Rs 100 per lot	Rs 25 per lot
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

IDBI Capital Charges Vs GCL Securities

Minimum Brokerage Charges	Rs 25 per trade or 2.5% of the trade value whichever is lower.	Rs 10 per contract
Other Brokerage Charges
Call & Trade Charges	Nil	Rs 0 (Free) in Premium Plan and Rs 100 per call in Discount Plan

IDBI Capital Vs GCL Securities Transaction Charges

IDBI Capital transaction charges for options is 0.051% on premium while GCL Securities exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).

	IDBI Capital	GCL Securities
Equity Delivery	0.00325%	NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%)
Equity Intraday	0.00325%	NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%)
Equity Futures	0.0019%	NSE Rs 190 per crore (0.0019%)
Equity Options	0.051% on premium	NSE Rs 5000 per crore (0.05%)
Currency Futures	NA	NSE Rs 110 per crore (0.0011%)
Currency Options	NA	NSE Rs 110 per crore (0.0011%)
Commodity	NA	MCX Rs 260 per crore (0.0026%) | NCDEX Rs 600 per crore (0.006%)

IDBI Capital Vs GCL Securities Leverage (Margin)

IDBI Capital provides the margin of Upto 4x for intraday trades whereas the GCL Securities margin for intraday cash is Up to 10x (based on stock).

	IDBI Capital	GCL Securities
Equity Delivery	Nil	As per exchange VaR + ELM
Equity Intraday	Upto 4x	Up to 10x (based on stock)
Equity Futures	Nil	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	Nil	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	Nil	Intraday - Up to 12x, Carry forward - 100%(1x)
Commodity Options		Up to 6x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100%

Compare IDBI Capital and GCL Securities Features

The trading platforms offered IDBI Capital include Power Pro, Power Streaming, IDBI Direct. GCL Securities offers GCL On Time, GCL PRO WEB, ODIN DIET trading software.

	IDBI Capital	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	Power Pro, Power Streaming, IDBI Direct	GCL On Time, GCL PRO WEB, ODIN DIET
Intraday Square-off Time	3:00 PM	3:10 PM
Other Features	Morning Report, Equity SIP, Investment Guide
Referral Program

IDBI Capital Vs GCL Securities Review

IDBI Capital is rated 2.7 of 5 based on 38 customer reviews whereas GCL Securities is rated 5.0 of 5 based on 1 customer reviews.

	IDBI Capital	GCL Securities
	38 Customer Reviews	1 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	IDBI Capital is rated 2.7 of 5 based on 38 customer reviews	GCL Securities is rated 5.0 of 5 based on 1 customer reviews

IDBI Capital Vs GCL Securities Investment Options

	IDBI Capital	GCL Securities
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options

IDBI Capital Vs GCL Securities Order Type Offered

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

IDBI Capital Vs GCL Securities Research Report

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

IDBI Capital Vs GCL Securities Suitable For Investor Type

	IDBI Capital	GCL Securities
Casual Investor
Active Investor
Trader

IDBI Capital Vs GCL Securities - Pros and Cons

	IDBI Capital	GCL Securities
Pros	- Prepaid plans are available for volume traders.	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	- Additional charge of Rs 2000 per year for installable trading platform.	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