The side-by-side comparison of RMoney and GCL Securities. Compare RMoney Vs GCL Securities brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best RMoney vs GCL Securities?
RMoney
Incorporated in 2004, Raghunandan Money (RMoney) is Agra based financial service provider. The company offers a range of financial products. This including Online Stock & Commodity Broking, Mutual Funds, IPO, Insurance (Life & General), Bonds and Corporate FDR's.
Raghunandan Money is a member of NSE, BSE, MCX, NCDEX, and CDSL. The company is among the top 5 commodity brokers in India. It contributes over 8% of NCDEX daily turnover and over 4% of MCX turnover. It has a strong presence in...
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...
Incorporated in , RMoney is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 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.
RMoney trading account opening charges is Rs 199 while GCL Securities account opening changes is Rs 0 (Free). RMoney Demat Account AMC Charges is Rs 0 for lifetime (Free) and GCL Securities Demat Account AMC Charges is Rs 300 per year or Lifetime free AMC for Rs 1250.
RMoney | GCL Securities | |
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Trading Account Opening Charges | Rs 199 | Rs 0 (Free) |
Trading Account AMC Charges | Rs 0 (Free) | Rs 0 (Free) |
Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
Demat Account AMC Charges | Rs 0 for lifetime (Free) | Rs 300 per year or Lifetime free AMC for Rs 1250 |
RMoney brokerage charges for equity is Rs 0 (Free) and intraday is Rs 18 per executed order or .01% whichever is lower whereas GCL Securities brokerage charges for equity is 0.20% and intraday is 0.02%.
RMoney | GCL Securities | |
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Account Type | Zero Brokerage Plans | Premium Plan |
Fixed Charges | NA | NA |
Equity Delivery Brokerage | Rs 0 (Free) | 0.20% |
Equity Intraday Brokerage | Rs 18 per executed order or .01% whichever is lower | 0.02% |
Equity Futures Brokerage | Rs 18 per executed order or .01% whichever is lower | 0.02% |
Equity Options Brokerage | Rs 18 per executed order or .01% whichever is lower | Rs 25 per lot |
Currency Futures Trading Brokerage | Rs 18 per executed order or .01% whichever is lower | 0.01% |
Currency Options Trading Brokerage | Rs 18 per executed order or .01% whichever is lower | Rs 15 per lot |
Commodity Futures Trading Brokerage | Rs 18 per executed order or .01% whichever is lower | 0.01% |
Commodity Options Trading Brokerage | Rs 50 per lot | |
Special Offer | Special Offer: RMoney Rs 0 Account Opening Fee + Rs 0 Demat AMC (for Life) + Free Call & Trade Get the offer |
RMoney | GCL Securities | |
---|---|---|
Account Type | Happy Service Plan | Discount Plan |
Fixed Charges | NA | NA |
Equity Delivery Brokerage | 0.10% to 0.40% | Rs 25 per lot |
Equity Intraday Brokerage | 0.01% to 0.04% | Rs 25 per lot |
Equity Futures Brokerage | 0.005% to 0.02% | Rs 25 per lot |
Equity Options Brokerage | Rs 20 to Rs 80 per lot | Rs 25 per lot |
Currency Futures Trading Brokerage | 0.005% to 0.02% | Rs 25 per lot |
Currency Options Trading Brokerage | 0.005% to 0.02% | Rs 25 per lot |
Commodity Futures Trading Brokerage | 0.005% to 0.02% | Rs 25 per lot |
Commodity Options Trading Brokerage | Rs 25 per lot |
Minimum Brokerage Charges | Rs 0 | Rs 10 per contract |
Other Brokerage Charges | Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment | |
Call & Trade Charges | Rs 0 (Unlimited Calls) | Rs 0 (Free) in Premium Plan and Rs 100 per call in Discount Plan |
RMoney transaction charges for options is NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%) while GCL Securities exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).
RMoney | GCL Securities | |
---|---|---|
Equity Delivery | NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275%) | NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%) |
Equity Intraday | NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275% | NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%) |
Equity Futures | NSE Rs 250 per crore | BSE Rs 110 per crore (0.0011%) | NSE Rs 190 per crore (0.0019%) |
Equity Options | NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%) | NSE Rs 5000 per crore (0.05%) |
Currency Futures | NSE, BSE - Rs 150 per crore (0.0015%) | NSE Rs 110 per crore (0.0011%) |
Currency Options | NSE, BSE - Rs 7500 (on premium) per crore (0.075%) | NSE Rs 110 per crore (0.0011%) |
Commodity | MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%) | MCX Rs 260 per crore (0.0026%) | NCDEX Rs 600 per crore (0.006%) |
RMoney provides the margin of 20x (5%) (Intraday Only) for intraday trades whereas the GCL Securities margin for intraday cash is Up to 10x (based on stock).
RMoney | GCL Securities | |
---|---|---|
Equity Delivery | Zero Brokerage Plan: 1x | Happy Service Plan: 3x (balance on T+5) | As per exchange VaR + ELM |
Equity Intraday | 20x (5%) (Intraday Only) | Up to 10x (based on stock) |
Equity Futures | Stock Intraday 40x (2.5%), Index Intraday: 67x (1.5%) | Intraday - Up to 10x, Carry forward - 100%(1x) |
Equity Options | Stock Sell Intraday 40x (2.5%), Index Sell Intraday 67x (1.5%), Buy: No margin | Up to 10x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100% |
Currency Futures | Intraday - 100X (1%) | Intraday - Up to 6x, Carry forward - 100%(1x) |
Currency Options | Intraday - 100X (1%) | Up to 10x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100% |
Commodity Futures | Intraday - 77X (1.3%) | Intraday - Up to 12x, Carry forward - 100%(1x) |
Commodity Options | Up to 6x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100% |
The trading platforms offered RMoney include RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications). GCL Securities offers GCL On Time, GCL PRO WEB, ODIN DIET trading software.
RMoney | GCL Securities | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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Trading Platform | RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) | GCL On Time, GCL PRO WEB, ODIN DIET |
Intraday Square-off Time | Equity 3:15 PM | 3:10 PM |
Other Features | ||
Referral Program |
RMoney is rated 3.8 of 5 based on 4 customer reviews whereas GCL Securities is rated 5.0 of 5 based on 1 customer reviews.
RMoney | GCL Securities | |
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Reviews | Useful Articles: | 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 | Lifetime FREE AMC Demat Account + Free Call & TradeGet free lifetime free AMC demat account and pay flat Rs 18 brokerage. In addition, get free account opening and free call & trade. To open an account, simply leave your contact information and RMoney representatives will call you. |
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