Indira Securities Vs GCL Securities (Compare Indira Securities and GCL Securities)

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


Indira Securities
Established in 1987, Indira Securities is an Indore, MP based full-service stock broking and investment Services Company. The company is a member of the NSE, BSE, MCX and NCDEX exchanges. It is a depository participant (DP) with CDSL. The company offers trading and investment in equities, commodities, currency, derivatives, IPOs, insurance and mutual funds etc. It also offers research and advisory to its customers. Indira Securities offers both traditional and discount brokerage plans. In the ... Know more about Indira Securities Pvt Ltd


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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Indira Securities Vs GCL Securities

Incorporated in 1987, Indira Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX and NCDEX. It has 335 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.

  Indira Securities GCL Securities
Type of Broker Full Service Broker Full Service Broker
Supported Exchnages BSE, NSE, MCX and NCDEX BSE, NSE, MCX, NCDEX
Account Type Traditional Plan Premium Plan
Year of Incorporation 1987 2004
Number of Branches 335 7
Broker Enquiry Open an Online Trading Account with Indira Securities. Leave your contact info and we will get in touch with you.
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Indira Securities Vs GCL Securities Charges & AMC

Indira Securities trading account opening charges is Rs 0 (Free) while GCL Securities account opening changes is Rs 0 (Free). Indira Securities Demat Account AMC Charges is Rs 450 (Free for 1st year) and GCL Securities Demat Account AMC Charges is Rs 300 per year or Lifetime free AMC for Rs 1250.

  Indira Securities GCL Securities
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 0 (Free)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 450 (Free for 1st year) Rs 300 per year or Lifetime free AMC for Rs 1250
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Indira Securities Vs GCL Securities Brokerage Charges & Plans

Indira Securities Vs GCL Securities Brokerage

Indira Securities brokerage charges for equity is 0.10% and intraday is 0.01% whereas GCL Securities brokerage charges for equity is 0.20% and intraday is 0.02%.

  Indira Securities GCL Securities
Account Type Traditional Plan Premium Plan
Fixed Charges NA NA
Equity Delivery Brokerage 0.10% 0.20%
Equity Intraday Brokerage 0.01% 0.02%
Equity Futures Brokerage 0.01% 0.02%
Equity Options Brokerage Rs 25 per lot (both side) Rs 25 per lot
Currency Futures Trading Brokerage 0.01% 0.01%
Currency Options Trading Brokerage Rs 25 per lot (both side) Rs 15 per lot
Commodity Futures Trading Brokerage 0.01% 0.01%
Commodity Options Trading Brokerage Rs 25 per lot (both side) Rs 50 per lot
Special Offer
Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades.

Indira Securities Vs GCL Securities Brokerage Plan 2

  Indira Securities GCL Securities
Account Type Discount Brokerage Plan Discount Plan
Fixed Charges NA NA
Equity Delivery Brokerage Rs 20 per executed order Rs 25 per lot
Equity Intraday Brokerage Rs 20 per executed order Rs 25 per lot
Equity Futures Brokerage Rs 20 per executed order Rs 25 per lot
Equity Options Brokerage Rs 20 per executed order Rs 25 per lot
Currency Futures Trading Brokerage Rs 20 per executed order Rs 25 per lot
Currency Options Trading Brokerage Rs 20 per executed order Rs 25 per lot
Commodity Futures Trading Brokerage Rs 20 per executed order Rs 25 per lot
Commodity Options Trading Brokerage Rs 20 per executed order Rs 25 per lot

Indira Securities Charges Vs GCL Securities

Minimum Brokerage Charges Rs 20 per executed order Rs 10 per contract
Other Brokerage 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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Indira Securities Vs GCL Securities Transaction Charges

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

  Indira Securities GCL Securities
Equity Delivery NSE Rs 325 per Cr (0.00325%) NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%)
Equity Intraday NSE Rs 325 per Cr (0.00325%) NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%)
Equity Futures NSE Rs 190 per Cr (0.0019%) NSE Rs 190 per crore (0.0019%)
Equity Options NSE Rs 5000 per Cr (0.05%) (on premium) NSE Rs 5000 per crore (0.05%)
Currency Futures NSE Rs 120 per Cr (0.0012%) NSE Rs 110 per crore (0.0011%)
Currency Options NSE Rs 500 per Cr (0.005%) (on premium) NSE Rs 110 per crore (0.0011%)
Commodity Non-Agri: Rs 260 per Cr (0.0026%) | Agri: Rs 600 per Cr (0.006%) MCX Rs 260 per crore (0.0026%) | NCDEX Rs 600 per crore (0.006%)
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Indira Securities Vs GCL Securities Leverage (Margin)

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

  Indira Securities GCL Securities
Equity Delivery 1x (no margin) As per exchange VaR + ELM
Equity Intraday Up to 10x (based on the stock) Up to 10x (based on stock)
Equity Futures Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure) Intraday - Up to 10x, Carry forward - 100%(1x)
Equity Options 1x (no margin) Up to 10x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100%
Currency Futures Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure) Intraday - Up to 6x, Carry forward - 100%(1x)
Currency Options 1x (no margin) Up to 10x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100%
Commodity Futures Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure) Intraday - Up to 12x, Carry forward - 100%(1x)
Commodity Options 1x (no margin) Up to 6x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100%
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Compare Indira Securities and GCL Securities Features

The trading platforms offered Indira Securities include ODIN. GCL Securities offers GCL On Time, GCL PRO WEB, ODIN DIET trading software.

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

Indira Securities is rated 4.5 of 5 based on 2 customer reviews whereas GCL Securities is rated 5.0 of 5 based on 1 customer reviews.

  Indira Securities GCL Securities
  2 Customer Reviews    Rate Indira Securities 1 Customer Reviews    Rate GCL Securities
Fees 3.0 5.0
Trading Brokerage 5.0 5.0
Trading Platform Usability 4.5 4.0
Customer Service 4.5 5.0
Research Capabilities 5.0 5.0
Overall Ratings Rated 4.5 stars Rated 5.0 stars
Broker Rating Indira Securities is rated 4.5 of 5 based on 2 customer reviews GCL Securities is rated 5.0 of 5 based on 1 customer reviews
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Contact Broker / Request A Call Back

  Indira Securities Enquire GCL Securities Enquire
Contact Broker

FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades.

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Indira Securities Vs GCL Securities Investment Options

  Indira Securities GCL Securities
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options
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Indira Securities Vs GCL Securities Order Type Offered

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

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

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

  Indira Securities GCL Securities
Pros
  • Full-service broker offering discount brokerage plan.
  • Relationship manager even for online customers.
  • Offers ODIN as trading platform.
  • Investment in mutual fund for free.
  • Pan India presence with hundreds of branches, and business partners.
  • No charges for Call & Trade and Auto Square-off.
  • 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
  1. Flat-rate brokerage plans (Rs 20 per trade) is not available in MP and Rajasthan.
  2. Advance order types i.e. CO, and BO are not available in the mobile app.
  3. Doesn't offer NRI trading account.
  • 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

Free Equity Delivery Trading

Get FREE equity delivery trading and pay flat Rs 20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM.

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