SAMCO Vs GCL Securities (Compare SAMCO and GCL Securities)

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


SAMCO
SAMCO is India based online discount broker. It offers stock and commodity trading at NSE, BSE, and MCX. SAMCO's NBFC arm provide the margin funding, loan against shares and other financial products. It also offers depository services (demat account) through CDSL. Incorporated in 2015, SAMCO is among the lowest-cost broker in India. SAMCO is popular for its ultra-low brokerage, margin products, higher exposure and free trading software. Customer who moves from traditional brokers like ICICI Dir... Know more about SAMCO Securities Limited


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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SAMCO Vs GCL Securities

Incorporated in , SAMCO 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.

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

SAMCO trading account opening charges is Rs 0 while GCL Securities account opening changes is Rs 0 (Free). SAMCO Demat Account AMC Charges is Rs 400 and GCL Securities Demat Account AMC Charges is Rs 300 per year or Lifetime free AMC for Rs 1250.

  SAMCO 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 Rs 400 Rs 300 per year or Lifetime free AMC for Rs 1250
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SAMCO Vs GCL Securities Brokerage Charges & Plans

SAMCO Vs GCL Securities Brokerage

SAMCO brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas GCL Securities brokerage charges for equity is 0.20% and intraday is 0.02%.

  SAMCO GCL Securities
Account Type Standard Premium Plan
Fixed Charges NA NA
Equity Delivery Brokerage Rs 20 per executed order 0.20%
Equity Intraday Brokerage Rs 20 per executed order 0.02%
Equity Futures Brokerage Rs 20 per executed order 0.02%
Equity Options Brokerage Rs 20 per executed order Rs 25 per lot
Currency Futures Trading Brokerage Rs 20 per executed order 0.01%
Currency Options Trading Brokerage Rs 20 per executed order Rs 15 per lot
Commodity Futures Trading Brokerage 0.01%
Commodity Options Trading Brokerage Rs 50 per lot
Special Offer
Special Offer: Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Get the offer

SAMCO Vs GCL Securities Brokerage Plan 2

  SAMCO GCL Securities
Account Type Standard Discount Plan
Fixed Charges NA NA
Equity Delivery Brokerage Rs 20 per executed order Rs 25 per lot
Equity Intraday Brokerage Rs 20 per executed order Rs 25 per lot
Equity Futures Brokerage Rs 20 per executed order Rs 25 per lot
Equity Options Brokerage Rs 20 per executed order Rs 25 per lot
Currency Futures Trading Brokerage Rs 20 per executed order Rs 25 per lot
Currency Options Trading Brokerage Rs 20 per executed order Rs 25 per lot
Commodity Futures Trading Brokerage Rs 25 per lot
Commodity Options Trading Brokerage Rs 25 per lot

SAMCO Charges Vs GCL Securities

Minimum Brokerage Charges Rs 0 Rs 10 per contract
Other Brokerage Charges
Call & Trade Charges Rs 20 per executed order Rs 0 (Free) in Premium Plan and Rs 100 per call in Discount Plan
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SAMCO Vs GCL Securities Transaction Charges

SAMCO transaction charges for options is NSE Rs 5000 per crore | BSE Rs 1 per trade (each side) while GCL Securities exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).

  SAMCO GCL Securities
Equity Delivery NSE Rs 325 per crore | BSE Rs 1 per trade (each side) NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%)
Equity Intraday NSE Rs 325 per crore | BSE Rs 1 per trade (each side) NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%)
Equity Futures NSE Rs 190 per crore | BSE Rs 1 per trade (each side) NSE Rs 190 per crore (0.0019%)
Equity Options NSE Rs 5000 per crore | BSE Rs 1 per trade (each side) NSE Rs 5000 per crore (0.05%)
Currency Futures NSE Rs 110 per crore (0.0011%) NSE Rs 110 per crore (0.0011%)
Currency Options NSE Rs 4000 (on premium) per crore (0.040%) NSE Rs 110 per crore (0.0011%)
Commodity Non-Agri Rs 260 (0.0026%) | Agri Rs 175 per Crore MCX Rs 260 per crore (0.0026%) | NCDEX Rs 600 per crore (0.006%)
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SAMCO Vs GCL Securities Leverage (Margin)

SAMCO provides the margin of Normal Orders: 3x to 15x | CO & BO: Up to 33x for intraday trades whereas the GCL Securities margin for intraday cash is Up to 10x (based on stock).

  SAMCO GCL Securities
Equity Delivery Up to 4x As per exchange VaR + ELM
Equity Intraday Normal Orders: 3x to 15x | CO & BO: Up to 33x Up to 10x (based on stock)
Equity Futures Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) Intraday - Up to 10x, Carry forward - 100%(1x)
Equity Options Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) Up to 10x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100%
Currency Futures Intraday - 50%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) Intraday - Up to 6x, Carry forward - 100%(1x)
Currency Options Intraday - 50%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) Up to 10x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100%
Commodity Futures Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span 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 SAMCO and GCL Securities Features

The trading platforms offered SAMCO include OMNESYS NEST, StockNote. GCL Securities offers GCL On Time, GCL PRO WEB, ODIN DIET trading software.

  SAMCO 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 Yes No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform OMNESYS NEST, StockNote GCL On Time, GCL PRO WEB, ODIN DIET
Intraday Square-off Time 3:15 PM 3:10 PM
Other Features Margin Products - CashPlus, StockPlus, and InstaPlus
Referral Program
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SAMCO Vs GCL Securities Review

SAMCO is rated 3.5 of 5 based on 17 customer reviews whereas GCL Securities is rated 5.0 of 5 based on 1 customer reviews.

  SAMCO GCL Securities
  17 Customer Reviews    Rate SAMCO 1 Customer Reviews    Rate GCL Securities
Fees 3.6 5.0
Trading Brokerage 3.9 5.0
Trading Platform Usability 2.9 4.0
Customer Service 3.5 5.0
Research Capabilities 3.2 5.0
Overall Ratings Rated 3.5 stars Rated 5.0 stars
Broker Rating SAMCO is rated 3.5 of 5 based on 17 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

  SAMCO Enquire GCL Securities Enquire
Contact Broker

Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Get the offer

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SAMCO Vs GCL Securities Investment Options

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

  SAMCO GCL Securities
Bracket Order No
Cover Order No
Buy Today Sell Tomorrow (BTST) No
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes
Good Till Cancelled (GTC) Yes
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SAMCO Vs GCL Securities Research Report

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

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

  SAMCO GCL Securities
Pros
  • A technology-driven stockbroker with significantly fewer overheads.
  • Flat Rs 20 per trade low-cost trading across segments.
  • Instant paperless online account opening process.
  • Margin products available for delivery margin and margin against shares.
  • StockNote, a mobile trading app with personalized news, managed alerts, advanced charts, and watch list with any number of shares.
  • Guest user for mobile app StockNote which allows you to check the app even before you becomes a customer.
  • Advance order types i.e. bracket order and cover order with up to 33 times leverage
  • Free 'NEST Trader' install-able trading terminal 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
  • No branch offices.
  • Mutual Fund investment is now available.
  • Online IPO applications are not available.
  • Additional charges for broker assisted traders (Call & Trade).
  • 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

SAMCO has 2 limited time special offers running at this time.

  1. Trading & Demat Account Opening Fee Waived

    Open trading and demat account at absolutely no cost. The account opening fee is waived for limited period of time.

  2. 100% Brokerage Cash Back for 1st Month

    Open an account with SAMCO, download mobile trading app StockNote and get 100% cashback on brokerage paid for trades done through mobile app in 1st month. This cashback offer works only for trade executed using mobile app.

Get the Special Offer

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