Indiabulls Vs GCL Securities (Compare Indiabulls and GCL Securities)


Indiabulls
Indiabulls Shubh is a discount stock broker offering ultra-low brokerage plans. Indiabulls is among the best stock broker in India with offering including unlimited trading plans, free trading platforms, free call & trade, free research and zero interest margin funding. Indiabulls Shubh is an offering of Indiabulls Ventures Ltd, one of the oldest stock brokers in India serving customers since the year 2000. Indiabulls Ventures serves over 7 lakh customers with a dedicated sales team of more... Know more about Indiabulls Ventures Limited


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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Indiabulls Vs GCL Securities

Incorporated in 2000, Indiabulls is a Full Service Broker. It offers trading at BSE, NSE and MCX. It has 18 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.

  Indiabulls GCL Securities
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE and MCX BSE, NSE, MCX, NCDEX
Year of Incorporation 2000 2004
Number of Branches 18 7
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Indiabulls Vs GCL Securities Charges & AMC

Indiabulls trading account opening charges is Rs 500 while GCL Securities account opening changes is Rs 0 (Free). Indiabulls 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.

  Indiabulls GCL Securities
Trading Account Opening Charges Rs 500 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 450 Rs 300 per year or Lifetime free AMC for Rs 1250
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Indiabulls Vs GCL Securities Brokerage Charges & Plans

Indiabulls Vs GCL Securities Brokerage

Indiabulls brokerage charges for equity is Rs 0 (Free) and intraday is Rs 0 (Free) whereas GCL Securities brokerage charges for equity is 0.20% and intraday is 0.02%.

  Indiabulls GCL Securities
Account Type Equity Unlimited Trade Premium Plan
Fixed Charges Rs 1000 NA
Equity Delivery Rs 0 (Free) 0.20%
Equity Intraday Rs 0 (Free) 0.02%
Equity Futures Rs 15 per trade 0.02%
Equity Options Rs 15 per trade Rs 25 per lot
Currency Futures Rs 15 per trade 0.01%
Currency Options Rs 15 per trade Rs 15 per lot
Commodity Futures 0.03% 0.01%
Commodity Options 0.03% Rs 50 per lot
Special Offer
Special Offer: FREE Unlimited Trading for 1st Month (Rs 1000 waived) Get the offer
Special Offer: Get Free Trading + Demat Account (No account opening fee) for limited time. Request a Callback.

Indiabulls Vs GCL Securities Brokerage Plan 2

  Indiabulls GCL Securities
Account Type F&O Unlimited Trade Discount Plan
Fixed Charges Rs 1000 NA
Equity Delivery Rs 15 per trade Rs 25 per lot
Equity Intraday Rs 15 per trade Rs 25 per lot
Equity Futures Rs 0 (Free) Rs 25 per lot
Equity Options Rs 0 (Free) Rs 25 per lot
Currency Futures Rs 0 (Free) Rs 25 per lot
Currency Options Rs 0 (Free) Rs 25 per lot
Commodity Futures 0.03% Rs 25 per lot
Commodity Options 0.03% Rs 25 per lot

Indiabulls Vs GCL Securities Brokerage Plan 3

  Indiabulls GCL Securities
Account Type Base Plan Premium Plan
Fixed Charges NA NA
Equity Delivery Rs 0 (Free) 0.20%
Equity Intraday Rs 15 per executed order 0.02%
Equity Futures Rs 15 per executed order 0.02%
Equity Options Rs 15 per executed order Rs 25 per lot
Currency Futures Rs 15 per executed order 0.01%
Currency Options Rs 15 per executed order Rs 15 per lot
Commodity Futures 0.03% 0.01%
Commodity Options 0.03% Rs 50 per lot

Indiabulls Charges Vs GCL Securities

Minimum Brokerage Rs 0 (Unlimited Plan), Rs 15 (Per Trade Plan) Rs 10 per contract
Other Charges
Call & Trade Charges Rs 0 (Free) Rs 0 (Free) in Premium Plan and Rs 100 per call in Discount Plan
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Indiabulls Vs GCL Securities Transaction Charges

Indiabulls transaction charges for options is Rs 5500 per crore (on premium) (0.055%) while GCL Securities exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).

  Indiabulls GCL Securities
Equity Delivery Rs 325 per crore (0.00325%) NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%)
Equity Intraday Rs 325 per crore (0.00325%) NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%)
Equity Futures Rs 250 per crore (0.0025%) NSE Rs 190 per crore (0.0019%)
Equity Options Rs 5500 per crore (on premium) (0.055%) NSE Rs 5000 per crore (0.05%)
Currency Futures Rs 250 per crore (0.0025%) NSE Rs 110 per crore (0.0011%)
Currency Options Rs 5500 per crore (on premium) (0.055%) 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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Indiabulls Vs GCL Securities Leverage (Margin)

Indiabulls margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the GCL Securities margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

  Indiabulls GCL Securities
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 6x (based on the stock) Up to 6x (based on the stock)
Equity F&O Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare Indiabulls and GCL Securities Features

The trading platforms offered Indiabulls include SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB). GCL Securities offers GCL On Time, GCL PRO WEB, ODIN DIET trading software.

  Indiabulls GCL Securities
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB) GCL On Time, GCL PRO WEB, ODIN DIET
Intraday Square-off Time 3:10 PM
Other Features Live News, World market summary
Referral Program
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Indiabulls Vs GCL Securities Review

Indiabulls is rated 3.2 of 5 based on 50 customer reviews whereas GCL Securities is rated 4.7 of 5 based on 20 customer reviews.

  Indiabulls GCL Securities
  50 Customer Reviews    Rate Indiabulls 20 Customer Reviews    Rate GCL Securities
Fees 3.4 4.8
Brokerage 3.1 4.6
Trading Platform 3.7 4.1
Customer Service 3.0 4.3
Research Capabilities 2.4 4.5
Overall Ratings Rated 3.2 stars Rated 4.7 stars
Broker Rating Indiabulls is rated 3.2 of 5 based on 50 customer reviews GCL Securities is rated 4.7 of 5 based on 20 customer reviews
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Contact Broker / Request A Call Back

  Indiabulls Enquire GCL Securities Enquire
Contact Broker FREE Unlimited Trading for 1st Month (Rs 1000 waived) Get the offer
Get Free Trading + Demat Account (No account opening fee) for limited time. Request a Callback.
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Indiabulls Vs GCL Securities Investment Options

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

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

  Indiabulls GCL Securities
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Indiabulls Vs GCL Securities Suitable For Investor Type

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

  Indiabulls GCL Securities
Pros
  • Brokerages free equity delivery trading. Truly no brokerage charges for cash & carry trades.
  • Interest-free Margin Funding in Unlimited Trading plan.
  • Margin funding is available at a low cost of 12% per annum in Rs 15/trade plan.
  • Free trading software.
  • Free research reports and trading tips to all the customers.
  • Years of experience, trust and good track record in stock broker business.
  • 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
  • Online IPO and Mutual Fund investment are not available in Indiabulls Shubh App.
  • Local branch support is not available to online customers.
  • Advance order types i.e. Bracket Order, Cover Order are not available in monthly unlimited trading plans.
  • Margin against share is not available in Unlimited Trading Plans.
  • 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

Limited Time Offer - FREE Unlimited Trading for 1st Month (Rs 1000 waived)

Open Indiabulls Online Trading Account and get Free Unlimited Trading for 1st month. Trade Unlimited at Rs 1000/month or Trade at flat Rs 15 per executed order.

Get this limited time offer

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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