Motilal Oswal Vs GCL Securities (Compare Motilal Oswal and GCL Securities)


Motilal Oswal
Incorporated in 1987, Motilal Oswal Securities Ltd. (MOSL) is a Mumbai, India based diversified financial services firm. The company offers trading services in Equity, Commodity, Currency and Derivatives. It also offers other products like Mutual Funds, IPOs, Gold, Insurance and Fixed Income products. MOSL is widely recognized for its MOAMC discretionary Portfolio Management Service (PMS). The PMS has a strong track record and consistently outperformed the benchmark across market cycles since it... Know more about Motilal Oswal 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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Motilal Oswal Vs GCL Securities

Incorporated in 1987, Motilal Oswal is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 305 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.

  Motilal Oswal GCL Securities
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX, NCDEX
Year of Incorporation 1987 2004
Number of Branches 305 7
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Motilal Oswal Vs GCL Securities Charges & AMC

Motilal Oswal trading account opening charges is Rs 0 while GCL Securities account opening changes is Rs 0 (Free). Motilal Oswal Demat Account AMC Charges is Free (Rs 400 2nd year onward) and GCL Securities Demat Account AMC Charges is Rs 300 per year or Lifetime free AMC for Rs 1250.

  Motilal Oswal GCL Securities
Trading Account Opening Charges Rs 0 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 Free (Rs 400 2nd year onward) Rs 300 per year or Lifetime free AMC for Rs 1250
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Motilal Oswal Vs GCL Securities Brokerage Charges & Plans

Motilal Oswal Vs GCL Securities Brokerage

Motilal Oswal brokerage charges for equity is 0.50% and intraday is 0.05% (both side) whereas GCL Securities brokerage charges for equity is 0.20% and intraday is 0.02%.

  Motilal Oswal GCL Securities
Account Type Default Plan Premium Plan
Fixed Charges NA
Equity Delivery 0.50% 0.20%
Equity Intraday 0.05% (both side) 0.02%
Equity Futures 0.05% (both side) 0.02%
Equity Options Rs 100 per lot (both side) Rs 25 per lot
Currency Futures Rs 20 per lot (both side) 0.01%
Currency Options Rs 20 per lot (both side) Rs 15 per lot
Commodity Futures 0.05% (both side) 0.01%
Commodity Options Rs 50 per lot
Special Offer
Special Offer: Get Zero AMC for Lifetime (with Rs 25k margin or Rs 3k Value Pack) for limited time. Get the offer
Special Offer: Get Free Trading + Demat Account (No account opening fee) for limited time. Request a Callback.

Motilal Oswal Vs GCL Securities Brokerage Plan 2

  Motilal Oswal GCL Securities
Account Type Value Pack (VP2KLT) Discount Plan
Fixed Charges Rs 2000 (one time fee) NA
Equity Delivery 0.40% Rs 25 per lot
Equity Intraday 0.04% (both side) Rs 25 per lot
Equity Futures 0.04% (both side) Rs 25 per lot
Equity Options Rs 50 per lot (both side) Rs 25 per lot
Currency Futures Rs 22 per lot (both side) Rs 25 per lot
Currency Options Rs 22 per lot (both side) Rs 25 per lot
Commodity Futures 0.04% (both side) Rs 25 per lot
Commodity Options Rs 25 per lot

Motilal Oswal Vs GCL Securities Brokerage Plan 3

  Motilal Oswal GCL Securities
Account Type Value Pack (VP1LACLT) Premium Plan
Fixed Charges Rs 1,00,000 (one time fee) NA
Equity Delivery 0.10% 0.20%
Equity Intraday 0.01% (both side) 0.02%
Equity Futures 0.01% (both side) 0.02%
Equity Options Rs 20 per lot (both side) Rs 25 per lot
Currency Futures Rs 10 per lot (both side) 0.01%
Currency Options Rs 10 per lot (both side) Rs 15 per lot
Commodity Futures 0.01% (both side) 0.01%
Commodity Options Rs 50 per lot

Motilal Oswal Charges Vs GCL Securities

Minimum Brokerage Rs 25 for Delivery and Rs 12 for Intraday Rs 10 per contract
Other Charges Minimum balance: Rs 1,000
Call & Trade Charges Nil Rs 0 (Free) in Premium Plan and Rs 100 per call in Discount Plan
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Motilal Oswal Vs GCL Securities Transaction Charges

Motilal Oswal transaction charges for options is NSE Rs 5110 per Cr (0.0511%) | BSE Rs 200 per Cr (0.002%) (on premium) while GCL Securities exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).

  Motilal Oswal GCL Securities
Equity Delivery NSE Rs 335 per Cr (0.00335%) | BSE Rs 1000 per Cr (0.01%) (each side) NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 200 per Cr (0.002%) (each side) NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%)
Equity Futures Rs 200 per Cr (0.002%) NSE Rs 190 per crore (0.0019%)
Equity Options NSE Rs 5110 per Cr (0.0511%) | BSE Rs 200 per Cr (0.002%) (on premium) NSE Rs 5000 per crore (0.05%)
Currency Futures Rs 125 per Cr (0.00125%) NSE Rs 110 per crore (0.0011%)
Currency Options Rs 4200 per Cr (0.042%)(on premium) NSE Rs 110 per crore (0.0011%)
Commodity MCX: Rs 250 per Cr (0.0025%) MCX Rs 260 per crore (0.0026%) | NCDEX Rs 600 per crore (0.006%)
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Motilal Oswal Vs GCL Securities Leverage (Margin)

Motilal Oswal margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the GCL Securities margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

  Motilal Oswal GCL Securities
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 6x (based on the stock) Up to 6x (based on the stock)
Equity F&O Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare Motilal Oswal and GCL Securities Features

The trading platforms offered Motilal Oswal include Orion Lite, MO Trader App. GCL Securities offers GCL On Time, GCL PRO WEB, ODIN DIET trading software.

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

Motilal Oswal is rated 2.4 of 5 based on 114 customer reviews whereas GCL Securities is rated 4.7 of 5 based on 20 customer reviews.

  Motilal Oswal GCL Securities
  114 Customer Reviews    Rate Motilal Oswal 20 Customer Reviews    Rate GCL Securities
Fees 2.8 4.8
Brokerage 2.3 4.6
Trading Platform 2.9 4.1
Customer Service 2.6 4.3
Research Capabilities 2.4 4.5
Overall Ratings Rated 2.4 stars Rated 4.7 stars
Broker Rating Motilal Oswal is rated 2.4 of 5 based on 114 customer reviews GCL Securities is rated 4.7 of 5 based on 20 customer reviews
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Contact Broker / Request A Call Back

  Motilal Oswal Enquire GCL Securities Enquire
Contact Broker Get Zero AMC for Lifetime (with Rs 25k margin or Rs 3k Value Pack) for limited time. Get the offer
Get Free Trading + Demat Account (No account opening fee) for limited time. Request a Callback.
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Motilal Oswal Vs GCL Securities Investment Options

  Motilal Oswal GCL Securities
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options PMS, Fixed Deposits, Insurance, Derivatives
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Motilal Oswal Vs GCL Securities Order Type Offered

  Motilal Oswal 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) No Yes
Good Till Cancelled (GTC) Yes Yes
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Motilal Oswal Vs GCL Securities Research Report

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

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

  Motilal Oswal GCL Securities
Pros
  • Over 8.5 Lakh customers. One of the largest stock broker in India with PAN India coverage across 1,900+ locations in over 500 cities.
  • Provides daily, weekly, monthly, quarterly & yearly reports across asset class. Advice across Equity, Derivatives, Commodity, Currency and Mutual Funds.
  • Motilal Oswal offers customized brokerage schemes suited to your trading requirements. The cost depends on the scheme that you choose while opening your trading account.
  • Value pack brokerage plans are available for frequent traders.
  • 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
  • Margin Deposit Rs 10,000+ is required
  • In order to use our Online Trading Platform, you will be required to have a demat account with Motilal Oswal. You cannot use your existing demat 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

Get Zero AMC for Lifetime

Motilal Oswal offers Zero AMC for Lifetime Demat Account (Rs 400 waived) with Rs 25k margin or Rs 3k prepaid value pack. Also avail Rs 3k woth of discount vouchers, Rs 1000 worth of Me-Gold, free access to research & advice and free use of trading platform.

This is a limited time offer. Simply leave your contact information with us and Motilal Oswal representatives will contact you.

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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Motilal Oswal GCL Securities
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