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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...

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...

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

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

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

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%)

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)

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
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
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

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	20 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
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

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 Name Phone # Email City Name State Are you a day trader?	Get Free Trading + Demat Account (No account opening fee) for limited time. Request a Callback.

Motilal Oswal Vs GCL Securities Investment Options

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

Motilal Oswal Vs GCL Securities Order Type Offered

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

Motilal Oswal Vs GCL Securities Research Report

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

Motilal Oswal Vs GCL Securities Suitable For Investor Type

	Motilal Oswal	GCL Securities
Casual Investor
Active Investor
Trader

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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