Kotak Securities Vs GCL Securities (Compare Kotak Securities and 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... Know more about Kotak Securities 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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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
Exchnage Membership 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
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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
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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 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 Vs GCL Securities Brokerage Plan 2

  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

Kotak Securities Charges Vs GCL Securities

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
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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%)
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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%
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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 Yes No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding No No
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) No Yes
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
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Kotak Securities Vs GCL Securities Review

Kotak Securities is rated 2.4 of 5 based on 167 customer reviews whereas GCL Securities is rated 4.7 of 5 based on 19 customer reviews.

  Kotak Securities GCL Securities
  167 Customer Reviews    Rate Kotak Securities 19 Customer Reviews    Rate GCL Securities
Fees 2.4 4.7
Brokerage 2.3 4.6
Trading Platform 3.3 4.1
Customer Service 2.9 4.3
Research Capabilities 2.7 4.5
Overall Ratings Rated 2.4 stars Rated 4.7 stars
Broker Rating Kotak Securities is rated 2.4 of 5 based on 167 customer reviews GCL Securities is rated 4.7 of 5 based on 19 customer reviews
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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.

Get Free Trading + Demat Account (No account opening fee) for limited time. Request a Callback.

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Kotak Securities Vs GCL Securities Investment Options

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

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

  Kotak 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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Kotak Securities Vs GCL Securities Suitable For Investor Type

  Kotak Securities GCL Securities
Casual Investor Yes Yes
Active Investor Yes Yes
Trader
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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.

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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