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Kotak Securities Vs GCL Securities (Compare Kotak Securities and GCL Securities)

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

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...

Kotak Securities Vs GCL Securities

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
Supported Exchnages	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX, NCDEX
Account Type	Fixed Brokerage Plan	Premium Plan
Year of Incorporation	1994	2004
Number of Branches	1209	7
Broker Enquiry

Kotak Securities Vs GCL Securities Charges & AMC

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 Vs GCL Securities Brokerage Charges & Plans

Kotak Securities Vs GCL Securities Brokerage

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 Brokerage	0.49%	0.20%
Equity Intraday Brokerage	0.049% (both side)	0.02%
Equity Futures Brokerage	0.049% (both side)	0.02%
Equity Options Brokerage	Rs 300 per lot	Rs 25 per lot
Currency Futures Trading Brokerage		0.01%
Currency Options Trading Brokerage		Rs 15 per lot
Commodity Futures Trading Brokerage	0.070%	0.01%
Commodity Options Trading Brokerage		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.

Kotak Securities Vs GCL Securities Brokerage Plan 2

	Kotak Securities	GCL Securities
Account Type	Dynamic Brokerage Plan	Discount Plan
Fixed Charges		NA
Equity Delivery Brokerage	0.59% to 0.30%	Rs 25 per lot
Equity Intraday Brokerage	0.06% to 0.05%	Rs 25 per lot
Equity Futures Brokerage	0.07% to 0.05%	Rs 25 per lot
Equity Options Brokerage	2.5% to 1.8%	Rs 25 per lot
Currency Futures Trading Brokerage	0.04% or Rs 20 per lot	Rs 25 per lot
Currency Options Trading Brokerage	Rs 20 to Rs 7.5 per lot	Rs 25 per lot
Commodity Futures Trading Brokerage		Rs 25 per lot
Commodity Options Trading Brokerage		Rs 25 per lot

Kotak Securities Charges Vs GCL Securities

Minimum Brokerage Charges	Rs 21 per executed order	Rs 10 per contract
Other Brokerage 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 Vs GCL Securities Transaction Charges

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 Vs GCL Securities Leverage (Margin)

Kotak Securities provides the margin of 50 times for intraday trades whereas the GCL Securities margin for intraday cash is Up to 10x (based on stock).

	Kotak Securities	GCL Securities
Equity Delivery	1x (no margin)	As per exchange VaR + ELM
Equity Intraday	50 times	Up to 10x (based on stock)
Equity Futures	12 to 15 times	Intraday - Up to 10x, Carry forward - 100%(1x)
Equity Options	Selling: 200 times \| Buying: 10 times	Up to 10x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100%
Currency Futures	NA	Intraday - Up to 6x, Carry forward - 100%(1x)
Currency Options	NA	Up to 10x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100%
Commodity Futures	NA	Intraday - Up to 12x, Carry forward - 100%(1x)
Commodity Options		Up to 6x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100%

Compare Kotak Securities and GCL Securities Features

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
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
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 Vs GCL Securities Review

Kotak Securities is rated 2.5 of 5 based on 163 customer reviews whereas GCL Securities is rated 5.0 of 5 based on 1 customer reviews.

	Kotak Securities	GCL Securities
	163 Customer Reviews	1 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Kotak Securities is rated 2.5 of 5 based on 163 customer reviews	GCL Securities is rated 5.0 of 5 based on 1 customer reviews

Contact Broker / Request A Call Back

	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. Name Phone # Email City Name State Are you a day trader?

Kotak Securities Vs GCL Securities Investment Options

	Kotak Securities	GCL Securities
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Kotak Securities Vs GCL Securities Order Type Offered

	Kotak Securities	GCL Securities
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

Kotak Securities Vs GCL Securities Research Report

	Kotak Securities	GCL Securities
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Kotak Securities Vs GCL Securities Suitable For Investor Type

	Kotak Securities	GCL Securities
Casual Investor
Active Investor
Trader

Kotak Securities Vs GCL Securities - Pros and Cons

	Kotak Securities	GCL Securities
Pros	Offers 3-in-1 Account (trinity account). Kotak Security is a full services broker offering wide range of investment options and research reports. Kotak Securities has extended network of 1400+ branches across India. It offers 3-in-1 account, the combination of broker account, bank account and a demat account. All these accounts are linked together and work seamlessly to make stock market investment very easy especially for beginners in stock market. Kotak offers 5 different trading platforms to fulfill almost all customer requirements.	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	The brokerage changed by them of higher than the discount brokers. Commodity trading is available through another company 'Kotak Commodity Services Ltd'.	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	Kotak 3-in-1 Account Kotak 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.

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Kotak Securities	GCL Securities
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