The side-by-side comparison of iTradeOnline and GCL Securities. Compare iTradeOnline Vs GCL Securities brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best iTradeOnline vs GCL Securities?
iTradeOnline
iTradeOnline is an online trading platform of Trustline Securities, a popular full-service broker. iTradeOnline offers online discount brokerage services at an ultra-low brokerage fee of Rs 20 per executed order or 0.01% whichever is lower. The same low price is available across segments at BSE, NSE, and MCX.
Unlike most discount brokers, iTradeOnline offers intraday leverage of up to 20x in equity, 2x in NSE F&O, 2x in NSE Currency and 8x in MCX futures. The cover orders (CO) are available...
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 , iTradeOnline is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 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.
iTradeOnline trading account opening charges is Rs 0 (Free) while GCL Securities account opening changes is Rs 0 (Free). iTradeOnline Demat Account AMC Charges is Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0 and GCL Securities Demat Account AMC Charges is Rs 300 per year or Lifetime free AMC for Rs 1250.
iTradeOnline | GCL Securities | |
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Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
Trading Account AMC Charges | Rs 0 (Free) | Rs 0 (Free) |
Demat Account Opening Charges | Regular: Rs 0, Lifetime Free AMC: Rs 1000 | Rs 0 (Free) |
Demat Account AMC Charges | Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0 | Rs 300 per year or Lifetime free AMC for Rs 1250 |
iTradeOnline brokerage charges for equity is Rs 20 per executed order or .01% whichever is lower and intraday is Rs 20 per executed order or .01% whichever is lower whereas GCL Securities brokerage charges for equity is 0.20% and intraday is 0.02%.
iTradeOnline | GCL Securities | |
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Account Type | Pay Per Trade | Premium Plan |
Fixed Charges | Rs 0 | NA |
Equity Delivery Brokerage | Rs 20 per executed order or .01% whichever is lower | 0.20% |
Equity Intraday Brokerage | Rs 20 per executed order or .01% whichever is lower | 0.02% |
Equity Futures Brokerage | Rs 20 per executed order or .01% whichever is lower | 0.02% |
Equity Options Brokerage | Rs 20 per executed order or .01% whichever is lower | Rs 25 per lot |
Currency Futures Trading Brokerage | Rs 20 per executed order or .01% whichever is lower | 0.01% |
Currency Options Trading Brokerage | Rs 20 per executed order or .01% whichever is lower | Rs 15 per lot |
Commodity Futures Trading Brokerage | Rs 20 per executed order or .01% whichever is lower | 0.01% |
Commodity Options Trading Brokerage | Rs 50 per lot | |
Special Offer | Special Offer: Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback |
iTradeOnline | GCL Securities | |
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Account Type | Pay Per Trade | Discount Plan |
Fixed Charges | Rs 0 | NA |
Equity Delivery Brokerage | Rs 20 per executed order or .01% whichever is lower | Rs 25 per lot |
Equity Intraday Brokerage | Rs 20 per executed order or .01% whichever is lower | Rs 25 per lot |
Equity Futures Brokerage | Rs 20 per executed order or .01% whichever is lower | Rs 25 per lot |
Equity Options Brokerage | Rs 20 per executed order or .01% whichever is lower | Rs 25 per lot |
Currency Futures Trading Brokerage | Rs 20 per executed order or .01% whichever is lower | Rs 25 per lot |
Currency Options Trading Brokerage | Rs 20 per executed order or .01% whichever is lower | Rs 25 per lot |
Commodity Futures Trading Brokerage | Rs 20 per executed order or .01% whichever is lower | Rs 25 per lot |
Commodity Options Trading Brokerage | Rs 25 per lot |
Minimum Brokerage Charges | Rs 0 (No Minimum Brokerage) | Rs 10 per contract |
Other Brokerage Charges | Physical contact notes: Rs 20 | |
Call & Trade Charges | Rs 0 (Free) | Rs 0 (Free) in Premium Plan and Rs 100 per call in Discount Plan |
iTradeOnline transaction charges for options is NSE Rs 5000 per crore (0.05%) while GCL Securities exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).
iTradeOnline | GCL Securities | |
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Equity Delivery | NSE Rs 325 per crore | BSE Rs 1.5/trade (each side) | NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%) |
Equity Intraday | NSE Rs 325 per crore | BSE Rs 1.5/trade (each side) | NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%) |
Equity Futures | NSE Rs 190 per crore (0.0019%) | NSE Rs 190 per crore (0.0019%) |
Equity Options | NSE Rs 5000 per crore (0.05%) | NSE Rs 5000 per crore (0.05%) |
Currency Futures | NSE Rs 90/cr (0.0009%) | BSE Rs 18/cr (0.00018%) | NSE Rs 110 per crore (0.0011%) |
Currency Options | NSE Rs 4000 (on premium) per cr (0.04%) | BSE Rs 1500 | NSE Rs 110 per crore (0.0011%) |
Commodity | MCX Rs 260/Cr (0.0026%) | NCDEX Rs 600/cr (0.006%) | MCX Rs 260 per crore (0.0026%) | NCDEX Rs 600 per crore (0.006%) |
iTradeOnline provides the margin of Upto 20x (based on the stock) for intraday trades whereas the GCL Securities margin for intraday cash is Up to 10x (based on stock).
iTradeOnline | GCL Securities | |
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Equity Delivery | Upto 5x (based on the stock) | As per exchange VaR + ELM |
Equity Intraday | Upto 20x (based on the stock) | Up to 10x (based on stock) |
Equity Futures | Intraday - 25%(4x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | Intraday - Up to 10x, Carry forward - 100%(1x) |
Equity Options | Intraday - 100%(1x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | Up to 10x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100% |
Currency Futures | Intraday - 25%(4x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | Intraday - Up to 6x, Carry forward - 100%(1x) |
Currency Options | Intraday - 100%(1x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | Up to 10x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100% |
Commodity Futures | Future Intraday - 12.5%(8x), Carry forward - 100%(1x) of Span | Intraday - Up to 12x, Carry forward - 100%(1x) |
Commodity Options | Intraday - 100%(1x), Carry forward - 100%(1x) of Span | Up to 6x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100% |
The trading platforms offered iTradeOnline include Omnesys NEST is used as back-end. Front-end is built in-house by Trustline.. GCL Securities offers GCL On Time, GCL PRO WEB, ODIN DIET trading software.
iTradeOnline | GCL Securities | |
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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 Available | ![]() |
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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 | Omnesys NEST is used as back-end. Front-end is built in-house by Trustline. | GCL On Time, GCL PRO WEB, ODIN DIET |
Intraday Square-off Time | Equity: 3:15 PM, Commodity: 11:15 PM | 3:10 PM |
Other Features | ||
Referral Program |
iTradeOnline is rated 4.0 of 5 based on 7 customer reviews whereas GCL Securities is rated 5.0 of 5 based on 1 customer reviews.
iTradeOnline | 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 | Lifetime FREE AMC Demat Account - 50% OffGet 50% off onetime fee of Lifetime Zero AMC Demat Account. Save Rs 500 on account opening. This is a limited time offer. Simply leave your contact information with us and iTradeOnline representatives will contact you. |
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