Prostocks Vs GCL Securities (Compare Prostocks and GCL Securities)

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


Prostocks
ProStocks is a SEBI registered Stock Broker and Depository Participant. ProStocks is fastest growing flat fee discount stock broker offering online trading at BSE and NSE. ProStocks is famous for the unlimited trading plan. This plan offer unlimited Equity and Derivatives Trading at Rs 899 per month or unlimited Currency Derivatives for Rs 499 per month. They are the cheapest broker in unlimited trading plans. Average share trader save between 60% to 99% on brokerage through this plan. ProSto... Know more about Prostocks


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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Prostocks Vs GCL Securities

Incorporated in , Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 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.

  Prostocks GCL Securities
Type of Broker Discount Broker Full Service Broker
Supported Exchnages BSE, NSE BSE, NSE, MCX, NCDEX
Account Type Flat Rate Plan Premium Plan
Year of Incorporation 2004
Number of Branches 1 7
Broker Enquiry Open an Online Trading Account with Prostocks. Leave your contact info and we will get in touch with you.
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Prostocks Vs GCL Securities Charges & AMC

Prostocks trading account opening charges is Rs 0 while GCL Securities account opening changes is Rs 0 (Free). Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC) and GCL Securities Demat Account AMC Charges is Rs 300 per year or Lifetime free AMC for Rs 1250.

  Prostocks 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 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 0 (Lifetime Zero AMC) Rs 300 per year or Lifetime free AMC for Rs 1250
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Prostocks Vs GCL Securities Brokerage Charges & Plans

Prostocks Vs GCL Securities Brokerage

Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 whereas GCL Securities brokerage charges for equity is 0.20% and intraday is 0.02%.

  Prostocks GCL Securities
Account Type Flat Rate Plan Premium Plan
Fixed Charges NA
Equity Delivery Brokerage Rs 0 (Free) 0.20%
Equity Intraday Brokerage Rs 15 0.02%
Equity Futures Brokerage Rs 15 0.02%
Equity Options Brokerage Rs 15 Rs 25 per lot
Currency Futures Trading Brokerage Rs 15 0.01%
Currency Options Trading Brokerage Rs 15 Rs 15 per lot
Commodity Futures Trading Brokerage NA 0.01%
Commodity Options Trading Brokerage NA Rs 50 per lot
Special Offer
Special Offer: Get lifetime AMC free Demat Account with Rs 0 account opening fee. Rs 0 Brokerage on Equity Delivery. Flat Rs 15/trade for Intraday and F&O. Request a Callback

Prostocks Vs GCL Securities Brokerage Plan 2

  Prostocks GCL Securities
Account Type Unlimited Equity Trading Plan Discount Plan
Fixed Charges Rs 899 NA
Equity Delivery Brokerage Rs 0 Rs 25 per lot
Equity Intraday Brokerage Rs 0 Rs 25 per lot
Equity Futures Brokerage Rs 0 Rs 25 per lot
Equity Options Brokerage Rs 0 Rs 25 per lot
Currency Futures Trading Brokerage NA Rs 25 per lot
Currency Options Trading Brokerage NA Rs 25 per lot
Commodity Futures Trading Brokerage NA Rs 25 per lot
Commodity Options Trading Brokerage NA Rs 25 per lot

Prostocks Vs GCL Securities Brokerage Plan 3

  Prostocks GCL Securities
Account Type Unlimited Currency Trading Plan Premium Plan
Fixed Charges Rs 499 NA
Equity Delivery Brokerage NA 0.20%
Equity Intraday Brokerage NA 0.02%
Equity Futures Brokerage NA 0.02%
Equity Options Brokerage NA Rs 25 per lot
Currency Futures Trading Brokerage Rs 0 0.01%
Currency Options Trading Brokerage Rs 0 Rs 15 per lot
Commodity Futures Trading Brokerage NA 0.01%
Commodity Options Trading Brokerage NA Rs 50 per lot

Prostocks Charges Vs GCL Securities

Minimum Brokerage Charges Rs 0 Rs 10 per contract
Other Brokerage Charges
Call & Trade Charges Rs 0 (Free) Rs 0 (Free) in Premium Plan and Rs 100 per call in Discount Plan
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Prostocks Vs GCL Securities Transaction Charges

Prostocks transaction charges for options is NSE: 0.050% | BSE: 0.0025% while GCL Securities exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).

  Prostocks GCL Securities
Equity Delivery NSE: 0.00325% | BSE: 0.00275% NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%)
Equity Intraday NSE: 0.00325% | BSE: 0.00275% NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%)
Equity Futures NSE: 0.0019% | BSE: 0.0005% NSE Rs 190 per crore (0.0019%)
Equity Options NSE: 0.050% | BSE: 0.0025% NSE Rs 5000 per crore (0.05%)
Currency Futures NSE: 0.0011% | BSE: 0.0001% NSE Rs 110 per crore (0.0011%)
Currency Options NSE: 0.040% | BSE: 0.0001% NSE Rs 110 per crore (0.0011%)
Commodity MCX Rs 260 per crore (0.0026%) | NCDEX Rs 600 per crore (0.006%)
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Prostocks Vs GCL Securities Leverage (Margin)

Prostocks provides the margin of 7x (Margin intraday sq off) for intraday trades whereas the GCL Securities margin for intraday cash is Up to 10x (based on stock).

  Prostocks GCL Securities
Equity Delivery 1x (no margin) As per exchange VaR + ELM
Equity Intraday 7x (Margin intraday sq off) Up to 10x (based on stock)
Equity Futures 2x Intraday - Up to 10x, Carry forward - 100%(1x)
Equity Options 1x (no margin) Up to 10x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100%
Currency Futures 1.5x Intraday - Up to 6x, Carry forward - 100%(1x)
Currency Options 1x (no margin) Up to 10x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100%
Commodity Futures 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 Prostocks and GCL Securities Features

The trading platforms offered Prostocks include ProStocks, NSE NOW. GCL Securities offers GCL On Time, GCL PRO WEB, ODIN DIET trading software.

  Prostocks GCL Securities
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Available No No
Margin Against Shares (Equity Cash) No Yes
Margin Against Shares (Equity F&O) No Yes
Trading Platform ProStocks, NSE NOW GCL On Time, GCL PRO WEB, ODIN DIET
Intraday Square-off Time Equity 3:15 PM | Curr: 4:45 PM 3:10 PM
Other Features
Referral Program
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Prostocks Vs GCL Securities Review

Prostocks is rated 3.3 of 5 based on 29 customer reviews whereas GCL Securities is rated 5.0 of 5 based on 1 customer reviews.

  Prostocks GCL Securities
  29 Customer Reviews    Rate Prostocks 1 Customer Reviews    Rate GCL Securities
Fees 4.7 5.0
Trading Brokerage 4.4 5.0
Trading Platform Usability 3.0 4.0
Customer Service 3.3 5.0
Research Capabilities 4.0 5.0
Overall Ratings Rated 3.3 stars Rated 5.0 stars
Broker Rating Prostocks is rated 3.3 of 5 based on 29 customer reviews GCL Securities is rated 5.0 of 5 based on 1 customer reviews
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Contact Broker / Request A Call Back

  Prostocks Enquire GCL Securities Enquire
Contact Broker

Get lifetime AMC free Demat Account with Rs 0 account opening fee. Rs 0 Brokerage on Equity Delivery. Flat Rs 15/trade for Intraday and F&O. Request a Callback

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Prostocks Vs GCL Securities Investment Options

  Prostocks GCL Securities
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options
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Prostocks Vs GCL Securities Order Type Offered

  Prostocks GCL Securities
Bracket Order No 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) No Yes
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Prostocks Vs GCL Securities Research Report

  Prostocks GCL Securities
Daily Market Report No Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes
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Prostocks Vs GCL Securities Suitable For Investor Type

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

  Prostocks GCL Securities
Pros
  • Cheapest flat fee broker in India. Offers Rs 899 unlimited equity and equity f&o trading and Rs 15 per trade plan.
  • Cover Order (CO) is available in unlimited monthly plan. Bracket order is coming soon.
  • Online IPO Application - You can apply for new IPOs (Initial Public Offerings) directly with a ProStocks account.
  • 2-in-1 Accounts offers seamless transactions between trading and demat account.
  • 2 Pricing plans to choose from.
  • Lowest exchange transaction changes, guaranteed.
  • Life time free demat account with one time Rs 1000 deposit. No account opening and no annual maintenance charges.
  • ProStocks do not charge PCM fee to customers. Most other broker include PCM fee to Exchange Transaction Fee.
  • Cheapest Call & Trade fee (Rs 10 per executed order) among all discount brokers. Other brokers charge minimum Rs 20 per trade.
  • 24x7 customer service though Advance Interactive voice response(IVR).
  • 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
  • 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 Useful articles about ProStocks:

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
  • Rs 0 Eq Delivery Brokerage and Flat Rs 15 per trade for Intraday & F&O +
  • Lifetime Free AMC Demat Account +
  • FREE Trading and Demat Account Opening

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

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