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Edelweiss
5Paisa
IIFL Sec
Sharekhan
ICICIdirect
HDFC Sec
SBI Capital
Axis Direct
Kotak Sec
TradeSmart
Fyers
Alice Blue
Tradeplus
SAS Online
GCL Sec
Groww
Kotak Securities
Kotak Securities Ltd, a subsidiary of Kotak Mahindra Bank was founded in 1994. They offers stock broking services and distributes financial products in India. They have 1209 branches, franchisees and satellite offices offers services to 11.95 Lakh customers. They corporate members with the Bombay Stock Exchange and the National Stock Exchange. They are also a depository participant with National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL).
Kotak securitie... 
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 1994, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 1209 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.
| Kotak Securities | GCL Securities | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX, NCDEX |
| Year of Incorporation | 1994 | 2004 |
| Number of Branches | 1209 | 7 |
Kotak Securities trading account opening charges is Rs 750 while GCL Securities account opening changes is Rs 0 (Free). Kotak Securities Demat Account AMC Charges is Rs 600 and GCL Securities Demat Account AMC Charges is Rs 300 per year or Lifetime free AMC for Rs 1250.
| Kotak Securities | GCL Securities | |
|---|---|---|
| Trading Account Opening Charges | Rs 750 | 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 600 | Rs 300 per year or Lifetime free AMC for Rs 1250 |
Kotak Securities brokerage charges for equity is 0.49% and intraday is 0.049% (both side) whereas GCL Securities brokerage charges for equity is 0.20% and intraday is 0.02%.
| Kotak Securities | GCL Securities | |
|---|---|---|
| Account Type | Fixed Brokerage Plan | Premium Plan |
| Fixed Charges | NA | |
| Equity Delivery | 0.49% | 0.20% |
| Equity Intraday | 0.049% (both side) | 0.02% |
| Equity Futures | 0.049% (both side) | 0.02% |
| Equity Options | Rs 300 per lot | Rs 25 per lot |
| Currency Futures | 0.01% | |
| Currency Options | Rs 15 per lot | |
| Commodity Futures | 0.070% | 0.01% |
| Commodity Options | Rs 50 per lot | |
| Special Offer | Special Offer: Get Kotak 3-in-1 account for seamless trading and investment. The integrated trading + demat + saving bank account is for convenient investment in the stock market and mutual funds. Request a Callback. |
Special Offer: Get Free Trading + Demat Account (No account opening fee) for limited time. Request a Callback. |
| Kotak Securities | GCL Securities | |
|---|---|---|
| Account Type | Dynamic Brokerage Plan | Discount Plan |
| Fixed Charges | NA | |
| Equity Delivery | 0.59% to 0.30% | Rs 25 per lot |
| Equity Intraday | 0.06% to 0.05% | Rs 25 per lot |
| Equity Futures | 0.07% to 0.05% | Rs 25 per lot |
| Equity Options | 2.5% to 1.8% | Rs 25 per lot |
| Currency Futures | 0.04% or Rs 20 per lot | Rs 25 per lot |
| Currency Options | Rs 20 to Rs 7.5 per lot | Rs 25 per lot |
| Commodity Futures | Rs 25 per lot | |
| Commodity Options | Rs 25 per lot |
| Minimum Brokerage | Rs 21 per executed order | Rs 10 per contract |
| Other Charges | SMS Alerts at Rs 50 per month | |
| Call & Trade Charges | Rs 20 per call after first 20 free calls in a month | Rs 0 (Free) in Premium Plan and Rs 100 per call in Discount Plan |
Kotak Securities transaction charges for options is NSE: 0.05% on Premium while GCL Securities exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).
| Kotak Securities | GCL Securities | |
|---|---|---|
| Equity Delivery | NSE: 0.00325%, BSE: 0.00325% | NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%) |
| Equity Intraday | NSE: 0.00325%, BSE: 0.00325% | NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%) |
| Equity Futures | NSE: 0.0019% | NSE Rs 190 per crore (0.0019%) |
| Equity Options | NSE: 0.05% on Premium | NSE Rs 5000 per crore (0.05%) |
| Currency Futures | NSE: 0.0009%, BSE: 0.00022% | NSE Rs 110 per crore (0.0011%) |
| Currency Options | NSE: 0.035%, BSE: 0.001% | NSE Rs 110 per crore (0.0011%) |
| Commodity | MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006% | MCX Rs 260 per crore (0.0026%) | NCDEX Rs 600 per crore (0.006%) |
Kotak 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.
| Kotak 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) |
The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. GCL Securities offers GCL On Time, GCL PRO WEB, ODIN DIET trading software.
| Kotak 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 | Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite | GCL On Time, GCL PRO WEB, ODIN DIET |
| Intraday Square-off Time | 3:10 PM | |
| Other Features | 3-in-1 account | |
| Referral Program |
Kotak Securities is rated 2.4 of 5 based on 171 customer reviews whereas GCL Securities is rated 4.7 of 5 based on 20 customer reviews.
| Kotak Securities | GCL Securities | |
|---|---|---|
171 Customer Reviews  |
20 Customer Reviews |
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| Broker Rating | Kotak Securities is rated 2.4 of 5 based on 171 customer reviews | GCL Securities is rated 4.7 of 5 based on 20 customer reviews |
| Kotak Securities Enquire | GCL Securities Enquire | |
|---|---|---|
| Contact Broker | Get Kotak 3-in-1 account for seamless trading and investment. The integrated trading + demat + saving bank account is for convenient investment in the stock market and mutual funds. Request a Callback. | Get Free Trading + Demat Account (No account opening fee) for limited time. Request a Callback. |
| Kotak Securities | GCL Securities | |
|---|---|---|
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| Kotak 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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| Good Till Cancelled (GTC) | |
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| Kotak Securities | GCL Securities | |
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| Daily Market Report | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| Kotak Securities | GCL Securities | |
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| Kotak 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 | Kotak 3-in-1 AccountKotak Mahendra Bank offers trinity account, a 3-in-1 account which is a combination of saving bank, trading and demat account. It offers convenient investment in Equity, Derivatives, Mutual Funds, IPO and ETF. Looking for an online trading account? Request Callback from a stock broker. |
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. |
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
Contact Kotak Securities
