RK Global Vs GCL Securities (Compare RK Global and GCL Securities)

RK Global Vs GCL Securities

Incorporated in 1995, RK Global is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 150 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.

	RK Global	GCL Securities
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX, NCDEX
Year of Incorporation	1995	2004
Number of Branches	150	7

RK Global Vs GCL Securities Charges & AMC

RK Global trading account opening charges is Rs 0 while GCL Securities account opening changes is Rs 0 (Free). RK Global Demat Account AMC Charges is Rs 250 second year onward and GCL Securities Demat Account AMC Charges is Rs 300 per year or Lifetime free AMC for Rs 1250.

	RK Global	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 50	Rs 0 (Free)
Demat Account AMC Charges	Rs 250 second year onward	Rs 300 per year or Lifetime free AMC for Rs 1250

RK Global Vs GCL Securities Brokerage

RK Global brokerage charges for equity is Rs 9 per executed order and intraday is Rs 9 per executed order whereas GCL Securities brokerage charges for equity is 0.20% and intraday is 0.02%.

	RK Global	GCL Securities
Account Type	Super 9	Premium Plan
Fixed Charges		NA
Equity Delivery	Rs 9 per executed order	0.20%
Equity Intraday	Rs 9 per executed order	0.02%
Equity Futures	Rs 9 per executed order	0.02%
Equity Options	Rs 9 per executed order	Rs 25 per lot
Currency Futures	Rs 9 per executed order	0.01%
Currency Options	Rs 9 per executed order	Rs 15 per lot
Commodity Futures	Rs 9 per executed order	0.01%
Commodity Options	Rs 9 per executed order	Rs 50 per lot
Special Offer		Special Offer: Get Free Trading + Demat Account (No account opening fee) for limited time. Request a Callback.

RK Global Vs GCL Securities Brokerage Plan 2

	RK Global	GCL Securities
Account Type	Super 9	Discount Plan
Fixed Charges		NA
Equity Delivery	Rs 9 per executed order	Rs 25 per lot
Equity Intraday	Rs 9 per executed order	Rs 25 per lot
Equity Futures	Rs 9 per executed order	Rs 25 per lot
Equity Options	Rs 9 per executed order	Rs 25 per lot
Currency Futures	Rs 9 per executed order	Rs 25 per lot
Currency Options	Rs 9 per executed order	Rs 25 per lot
Commodity Futures	Rs 9 per executed order	Rs 25 per lot
Commodity Options	Rs 9 per executed order	Rs 25 per lot

RK Global Charges Vs GCL Securities

Minimum Brokerage		Rs 10 per contract
Other Charges	Unlimited trade in NSE capital market segment for Rs 999 per month
Call & Trade Charges		Rs 0 (Free) in Premium Plan and Rs 100 per call in Discount Plan

RK Global Vs GCL Securities Transaction Charges

RK Global transaction charges for options is 0.053% on sell side (on premium) while GCL Securities exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).

	RK Global	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	0.021%	NSE Rs 190 per crore (0.0019%)
Equity Options	0.053% on sell side (on premium)	NSE Rs 5000 per crore (0.05%)
Currency Futures	NSE: 0.00135%	NSE Rs 110 per crore (0.0011%)
Currency Options	NSE: 0.044%	NSE Rs 110 per crore (0.0011%)
Commodity	0.0036%	MCX Rs 260 per crore (0.0026%) | NCDEX Rs 600 per crore (0.006%)

RK Global Vs GCL Securities Leverage (Margin)

RK Global 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.

	RK Global	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 RK Global and GCL Securities Features

The trading platforms offered RK Global include RKG Diet ODIN, RKG Mobile Trading. GCL Securities offers GCL On Time, GCL PRO WEB, ODIN DIET trading software.

	RK Global	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	RKG Diet ODIN, RKG Mobile Trading	GCL On Time, GCL PRO WEB, ODIN DIET
Intraday Square-off Time		3:10 PM
Other Features
Referral Program

RK Global Vs GCL Securities Review

RK Global is rated 4.1 of 5 based on 28 customer reviews whereas GCL Securities is rated 4.7 of 5 based on 20 customer reviews.

	RK Global	GCL Securities
	28 Customer Reviews	20 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	RK Global is rated 4.1 of 5 based on 28 customer reviews	GCL Securities is rated 4.7 of 5 based on 20 customer reviews

RK Global Vs GCL Securities Investment Options

	RK Global	GCL Securities
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

RK Global Vs GCL Securities Order Type Offered

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

RK Global Vs GCL Securities Research Report

	RK Global	GCL Securities
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

RK Global Vs GCL Securities Suitable For Investor Type

	RK Global	GCL Securities
Casual Investor
Active Investor
Trader

RK Global Vs GCL Securities - Pros and Cons

	RK Global	GCL Securities
Pros	- 24*7 Customer Care Helpdesk for 'Round-the-Clock' assistance.	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	- Additional monthly charges for using online trading services - Additional charges for Call & Trade and physical copies of contract note. - No exposure allowed against stock in your 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		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.