Prostocks Vs GCL Securities (Compare Prostocks and 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
Exchnage Membership BSE, NSE BSE, NSE, MCX, NCDEX
Year of Incorporation 2004
Number of Branches 1 7
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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 Rs 0 (Free) 0.20%
Equity Intraday Rs 15 0.02%
Equity Futures Rs 15 0.02%
Equity Options Rs 15 Rs 25 per lot
Currency Futures Rs 15 0.01%
Currency Options Rs 15 Rs 15 per lot
Commodity Futures NA 0.01%
Commodity Options NA Rs 50 per lot
Special Offer
Special Offer: Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account and start trading today.
Special Offer: Get Free Trading + Demat Account (No account opening fee) for limited time. 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 Rs 0 Rs 25 per lot
Equity Intraday Rs 0 Rs 25 per lot
Equity Futures Rs 0 Rs 25 per lot
Equity Options Rs 0 Rs 25 per lot
Currency Futures NA Rs 25 per lot
Currency Options NA Rs 25 per lot
Commodity Futures NA Rs 25 per lot
Commodity Options 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 NA 0.20%
Equity Intraday NA 0.02%
Equity Futures NA 0.02%
Equity Options NA Rs 25 per lot
Currency Futures Rs 0 0.01%
Currency Options Rs 0 Rs 15 per lot
Commodity Futures NA 0.01%
Commodity Options NA Rs 50 per lot

Prostocks Charges Vs GCL Securities

Minimum Brokerage Rs 0 Rs 10 per contract
Other 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 Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium) while GCL Securities exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).

  Prostocks GCL Securities
Equity Delivery NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%)
Equity Intraday NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%)
Equity Futures NSE Rs 200 per Cr (0.002%) | BSE Rs 50 per Cr (0.0005%) NSE Rs 190 per crore (0.0019%)
Equity Options NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium) NSE Rs 5000 per crore (0.05%)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%) NSE Rs 110 per crore (0.0011%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) 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 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.

  Prostocks 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 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 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 3.1 of 5 based on 34 customer reviews whereas GCL Securities is rated 4.7 of 5 based on 19 customer reviews.

  Prostocks GCL Securities
  34 Customer Reviews    Rate Prostocks 19 Customer Reviews    Rate GCL Securities
Fees 4.6 4.7
Brokerage 4.3 4.6
Trading Platform 2.7 4.1
Customer Service 3.1 4.3
Research Capabilities 2.1 4.5
Overall Ratings Rated 3.1 stars Rated 4.7 stars
Broker Rating Prostocks is rated 3.1 of 5 based on 34 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

  Prostocks Enquire GCL Securities Enquire
Contact Broker Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account and start trading today. Get Free Trading + Demat Account (No account opening fee) for limited time. 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
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

Unlimited Monthly Trading @ Rs 899

  • Monthly unlimited trading plan @ Rs 899.
  • Or Rs 0 Eq Delivery Brokerage and Flat Rs 15 per trade for Intraday & F&O +
  • Lifetime Free AMC Demat Account +
  • API for alog trading.

This is a limited-time offer. Open FREE Instant Demat Account and start trading today.

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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Prostocks GCL Securities
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