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Edelweiss
5Paisa
IIFL Sec
Sharekhan
ICICIdirect
HDFC Sec
SBI Capital
Axis Direct
Kotak Sec
TradeSmart
Fyers
Alice Blue
Tradeplus
SAS Online
GCL Sec
Groww
Sharekhan
Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & franchises in over 550 cities across India. Sharekhan has seen incredible growth over last 10+ years though it's very successful online trading platform and the chain of franchises located in almost every part of India. Sharekhan also has internationa... 
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 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 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.
| Sharekhan | GCL Securities | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX, NCDEX |
| Year of Incorporation | 2000 | 2004 |
| Number of Branches | 2800 | 7 |
Sharekhan trading account opening charges is Rs 0 (Free) while GCL Securities account opening changes is Rs 0 (Free). Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and GCL Securities Demat Account AMC Charges is Rs 300 per year or Lifetime free AMC for Rs 1250.
| Sharekhan | GCL Securities | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | 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 400 (Free for 1st year) | Rs 300 per year or Lifetime free AMC for Rs 1250 |
Sharekhan brokerage charges for equity is 0.50% and intraday is 0.10% whereas GCL Securities brokerage charges for equity is 0.20% and intraday is 0.02%.
| Sharekhan | GCL Securities | |
|---|---|---|
| Account Type | Classic Account | Premium Plan |
| Fixed Charges | NA | |
| Equity Delivery | 0.50% | 0.20% |
| Equity Intraday | 0.10% | 0.02% |
| Equity Futures | 0.10% | 0.02% |
| Equity Options | Rs 50 per lot | Rs 25 per lot |
| Currency Futures | 0.10% | 0.01% |
| Currency Options | Rs 30 per lot | Rs 15 per lot |
| Commodity Futures | 0.03% | 0.01% |
| Commodity Options | 0.03% | Rs 50 per lot |
| Special Offer | Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback. |
Special Offer: Get Free Trading + Demat Account (No account opening fee) for limited time. Request a Callback. |
| Sharekhan | GCL Securities | |
|---|---|---|
| Account Type | Prepaid - ₹1 Lakh | Discount Plan |
| Fixed Charges | Rs 1,00,000 per year | NA |
| Equity Delivery | 0.10% | Rs 25 per lot |
| Equity Intraday | 0.015% | Rs 25 per lot |
| Equity Futures | 0.015% | Rs 25 per lot |
| Equity Options | 0.05% or Rs 63 per lot | Rs 25 per lot |
| Currency Futures | Rs 25 per lot | |
| Currency Options | Rs 25 per lot | |
| Commodity Futures | Rs 25 per lot | |
| Commodity Options | Rs 25 per lot |
| Sharekhan | GCL Securities | |
|---|---|---|
| Account Type | Margin - ₹1 Lakh | Premium Plan |
| Fixed Charges | Rs 1,00,000 margin | NA |
| Equity Delivery | 0.25% | 0.20% |
| Equity Intraday | 0.05% | 0.02% |
| Equity Futures | 0.05% | 0.02% |
| Equity Options | 1% or Rs 70 per lot | Rs 25 per lot |
| Currency Futures | 0.01% | |
| Currency Options | Rs 15 per lot | |
| Commodity Futures | 0.01% | |
| Commodity Options | Rs 50 per lot |
| Minimum Brokerage | Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share | Rs 10 per contract |
| Other Charges | ||
| Call & Trade Charges | Rs 20 | Rs 0 (Free) in Premium Plan and Rs 100 per call in Discount Plan |
Sharekhan transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) while GCL Securities exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).
| Sharekhan | GCL Securities | |
|---|---|---|
| Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) | NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%) |
| Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) | NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%) |
| Equity Futures | NSE Rs 190 per Cr (0.0019%) | BSE Rs 50 per Cr (0.00035) (each side) | NSE Rs 190 per crore (0.0019%) |
| Equity Options | NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) | NSE Rs 5000 per crore (0.05%) |
| Currency Futures | NSE Rs 135 per Cr (0.00135%) | MCX Rs 130 per Cr (0.00130%) | NSE Rs 110 per crore (0.0011%) |
| Currency Options | NSE Rs 4220 per Cr (0.04220%) | MCX Rs 3220 per Cr (0.03220%) (on premium) | NSE Rs 110 per crore (0.0011%) |
| Commodity | MCX (Non-Agri) Rs 230 per Cr (0.0023%) | MCX (Agri) Rs 95 per Cr (0.00095%) | MCX Rs 260 per crore (0.0026%) | NCDEX Rs 600 per crore (0.006%) |
Sharekhan margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the GCL Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Sharekhan | GCL Securities | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
The trading platforms offered Sharekhan include TradeTiger, Sharekhan Mobile. GCL Securities offers GCL On Time, GCL PRO WEB, ODIN DIET trading software.
| Sharekhan | GCL Securities | |
|---|---|---|
| 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 | |
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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 | TradeTiger, Sharekhan Mobile | GCL On Time, GCL PRO WEB, ODIN DIET |
| Intraday Square-off Time | 3:30 PM | 3:10 PM |
| Other Features | Pattern finder, Class room training | |
| Referral Program |
Sharekhan is rated 3.3 of 5 based on 303 customer reviews whereas GCL Securities is rated 4.7 of 5 based on 20 customer reviews.
| Sharekhan | GCL Securities | |
|---|---|---|
303 Customer Reviews  |
20 Customer Reviews |
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| Broker Rating | Sharekhan is rated 3.3 of 5 based on 303 customer reviews | GCL Securities is rated 4.7 of 5 based on 20 customer reviews |
| Sharekhan Enquire | GCL Securities Enquire | |
|---|---|---|
| Contact Broker | Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback. | Get Free Trading + Demat Account (No account opening fee) for limited time. Request a Callback. |
| Sharekhan | GCL Securities | |
|---|---|---|
| Stock / Equity | |
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| Commodity | |
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| Currency | |
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| IPO | |
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| Mutual Funds | |
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| Bond / NCD | |
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| Debt | |
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| Other Investment Options | Loans, NRI Trading |
| Sharekhan | GCL Securities | |
|---|---|---|
| Bracket Order | |
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| Cover Order | |
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| Buy Today Sell Tomorrow (BTST) | |
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| Sell Today Buy Tomorrow (STBT) | |
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| After Market Order(AMO) | |
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| Good Till Cancelled (GTC) | |
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| Sharekhan | GCL Securities | |
|---|---|---|
| Daily Market Report | |
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| Free Tips | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| Sharekhan | GCL Securities | |
|---|---|---|
| Casual Investor | |
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| Sharekhan | GCL Securities | |
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| 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. |
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| Promo / Offers | Rs 0 Account Opening (for a limited time only)
This is a limited-time offer. Simply leave your contact information with us and Sharekhan representatives will contact you. |
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. |
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
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