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Tradingo
Edelweiss
5Paisa
IIFL Sec
Sharekhan
ICICIdirect
HDFC Sec
SBI Capital
Axis Direct
Kotak Sec
SAMCO
TradeSmart
Fyers
Alice Blue
Tradeplus
SAS Online
GCL Sec
Groww
About IIFL Securities
Incorporated in 1995, IIFL Securities is one of the largest full-service stockbrokers in India. IIFL Securities is part of IIFL Group, a leading financial service provider offering a wide range of services. IIFL is a well-recognized brand for the quality of its advice, personalized service, and the use of cutting-edge technology.
IIFL Securities offers online trading and research-based advisory services for an entire range of financial products as Stocks, Derivatives, Commodities, Insurance, FD... 
About 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 1996, IIFL Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX. It has 900 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.
| IIFL Securities | GCL Securities | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | NSE, BSE, MCX | BSE, NSE, MCX, NCDEX |
| Year of Incorporation | 1996 | 2004 |
| Number of Branches | 900 | 7 |
| Open IIFL Securities Account | Enquire GCL Securities |
IIFL Securities trading account opening charges is Rs 0 (Free) while GCL Securities account opening changes is Rs 0 (Free). IIFL Securities Demat Account AMC Charges is Rs 250 (Free for 1st year) and GCL Securities Demat Account AMC Charges is Rs 300 per year or Lifetime free AMC for Rs 1250.
| IIFL Securities | GCL Securities | |
|---|---|---|
| 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 | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 250 (Free for 1st year) | Rs 300 per year or Lifetime free AMC for Rs 1250 |
IIFL Securities brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per order whereas GCL Securities brokerage charges for equity is 0.20% and intraday is 0.02%.
| Account Type | IIFL Securities iServe | GCL Securities Premium Plan |
|---|---|---|
| Fixed Charges | NA | NA |
| Equity Delivery | Rs 0 (Free) | 0.20% |
| Equity Intraday | Rs 20 per order | 0.02% |
| Equity Futures | Rs 20 per order | 0.02% |
| Equity Options | Rs 20 per order | Rs 25 per lot |
| Currency Futures | Rs 20 per order | 0.01% |
| Currency Options | Rs 20 per order | Rs 15 per lot |
| Commodity Futures | Rs 20 per order | 0.01% |
| Commodity Options | Rs 20 per order | Rs 50 per lot |
| Special Offer | Special Offer: Invest brokerage-free Equity Delivery (truly no brokerage) + Pay flat Rs 20 per trade for Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.
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Special Offer: Get Free Trading + Demat Account (No account opening fee) for limited time. Request a Callback. |
| IIFL Securities | GCL Securities | |
|---|---|---|
| Account Type | iServe | Discount Plan |
| Fixed Charges | NA | NA |
| Equity Delivery | Rs 0 (Free) | Rs 25 per lot |
| Equity Intraday | Rs 20 per order | Rs 25 per lot |
| Equity Futures | Rs 20 per order | Rs 25 per lot |
| Equity Options | Rs 20 per order | Rs 25 per lot |
| Currency Futures | Rs 20 per order | Rs 25 per lot |
| Currency Options | Rs 20 per order | Rs 25 per lot |
| Commodity Futures | Rs 20 per order | Rs 25 per lot |
| Commodity Options | Rs 20 per order | Rs 25 per lot |
| Open IIFL Securities Account | Enquire GCL Securities |
| Minimum Brokerage | Rs 10 per contract | |
| Other Charges | Advisory SMS - Rs 50 per month | |
| Call & Trade Charges | Rs 50 per call | Rs 0 (Free) in Premium Plan and Rs 100 per call in Discount Plan |
IIFL Securities transaction charges for options is Rs 5100 per Cr (0.051%) (on premium) while GCL Securities exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).
| IIFL Securities | GCL Securities | |
|---|---|---|
| Equity Delivery | Rs 325 per Cr (0.00325%) | NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%) |
| Equity Intraday | Rs 325 per Cr (0.00325%) | NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%) |
| Equity Futures | Rs 210 per Cr (0.0021%) | NSE Rs 190 per crore (0.0019%) |
| Equity Options | Rs 5100 per Cr (0.051%) (on premium) | NSE Rs 5000 per crore (0.05%) |
| Currency Futures | Rs 210 per Cr (0.0021%) | NSE Rs 110 per crore (0.0011%) |
| Currency Options | Rs 5100 per Cr (0.051%) (on premium) | NSE Rs 110 per crore (0.0011%) |
| Commodity | Group A - Rs 280 per Cr (0.0028%) | MCX Rs 260 per crore (0.0026%) | NCDEX Rs 600 per crore (0.006%) |
| Open IIFL Securities Account | Enquire GCL Securities |
IIFL Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the GCL Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| IIFL Securities | GCL Securities | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
| Open IIFL Securities Account | Enquire GCL Securities |
The trading platforms offered IIFL Securities include IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App. GCL Securities offers GCL On Time, GCL PRO WEB, ODIN DIET trading software.
| IIFL Securities | GCL Securities | |
|---|---|---|
| 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 | |
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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 | IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App | GCL On Time, GCL PRO WEB, ODIN DIET |
| Intraday Square-off Time | 3:10 PM | |
| Other Features | ||
| Referral Program | ||
| Open IIFL Securities Account | Enquire GCL Securities |
IIFL Securities is rated 2.7 of 5 based on 120 customer reviews whereas GCL Securities is rated 4.7 of 5 based on 20 customer reviews.
| IIFL Securities | GCL Securities | |
|---|---|---|
120 Customer Reviews  |
20 Customer Reviews |
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| Broker Rating | IIFL Securities is rated 2.7 of 5 based on 120 customer reviews | GCL Securities is rated 4.7 of 5 based on 20 customer reviews |
| IIFL Securities Enquire | GCL Securities Enquire | |
|---|---|---|
| Contact Broker | Invest brokerage-free Equity Delivery (truly no brokerage) + Pay flat Rs 20 per trade for Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today. | Get Free Trading + Demat Account (No account opening fee) for limited time. Request a Callback. |
| IIFL Securities | GCL Securities | |
|---|---|---|
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| Commodity | |
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| Currency | |
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| IPO | |
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| Bond / NCD | |
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| Debt | |
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| Other Investment Options | Insurance |
| IIFL Securities | GCL Securities | |
|---|---|---|
| Bracket Order | |
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| Buy Today Sell Tomorrow (BTST) | |
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| Sell Today Buy Tomorrow (STBT) | |
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| After Market Order(AMO) | |
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| Good Till Cancelled (GTC) | |
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| Open IIFL Securities Account | Enquire GCL Securities |
| IIFL Securities | GCL Securities | |
|---|---|---|
| Daily Market Report | |
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| Free Tips | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| IIFL Securities | GCL Securities | |
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| IIFL Securities | 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 | Free Equity Delivery Trading + Free Account Opening
This is a limited-time offer. Open FREE Instant IIFL Account online and start trading today. |
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. |
| Open IIFL Securities Account | Enquire GCL Securities |
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