The side-by-side comparison of Sharekhan and GCL Securities. Compare Sharekhan Vs GCL Securities brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Sharekhan vs GCL Securities?
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 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 | |
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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 | |
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Account Type | Classic Account | Premium Plan |
Fixed Charges | NA | |
Equity Delivery Brokerage | 0.50% | 0.20% |
Equity Intraday Brokerage | 0.10% | 0.02% |
Equity Futures Brokerage | 0.10% | 0.02% |
Equity Options Brokerage | Rs 50 per lot | Rs 25 per lot |
Currency Futures Trading Brokerage | 0.10% | 0.01% |
Currency Options Trading Brokerage | Rs 30 per lot | Rs 15 per lot |
Commodity Futures Trading Brokerage | 0.03% | 0.01% |
Commodity Options Trading Brokerage | 0.03% | Rs 50 per lot |
Special Offer | Special Offer: Get Free Trading + Demat Account (Rs 1150 waived on account opening) for limited time. Request a Callback. |
Sharekhan | GCL Securities | |
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Account Type | Prepaid - ₹1 Lakh | Discount Plan |
Fixed Charges | Rs 1,00,000 per year | NA |
Equity Delivery Brokerage | 0.10% | Rs 25 per lot |
Equity Intraday Brokerage | 0.015% | Rs 25 per lot |
Equity Futures Brokerage | 0.015% | Rs 25 per lot |
Equity Options Brokerage | 0.05% or Rs 63 per lot | Rs 25 per lot |
Currency Futures Trading Brokerage | Rs 25 per lot | |
Currency Options Trading Brokerage | Rs 25 per lot | |
Commodity Futures Trading Brokerage | Rs 25 per lot | |
Commodity Options Trading Brokerage | Rs 25 per lot |
Sharekhan | GCL Securities | |
---|---|---|
Account Type | Margin - ₹1 Lakh | Premium Plan |
Fixed Charges | Rs 1,00,000 margin | NA |
Equity Delivery Brokerage | 0.25% | 0.20% |
Equity Intraday Brokerage | 0.05% | 0.02% |
Equity Futures Brokerage | 0.05% | 0.02% |
Equity Options Brokerage | 1% or Rs 70 per lot | Rs 25 per lot |
Currency Futures Trading Brokerage | 0.01% | |
Currency Options Trading Brokerage | Rs 15 per lot | |
Commodity Futures Trading Brokerage | 0.01% | |
Commodity Options Trading Brokerage | Rs 50 per lot |
Minimum Brokerage Charges | Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share | Rs 10 per contract |
Other Brokerage 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 | |
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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 provides the margin of Upto 10x for intraday trades whereas the GCL Securities margin for intraday cash is Up to 10x (based on stock).
Sharekhan | GCL Securities | |
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Equity Delivery | Upto 5x with 24% interest per year | As per exchange VaR + ELM |
Equity Intraday | Upto 10x | Up to 10x (based on stock) |
Equity Futures | 2x for Intraday | Intraday - Up to 10x, Carry forward - 100%(1x) |
Equity Options | Nil | Up to 10x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100% |
Currency Futures | Nil | Intraday - Up to 6x, Carry forward - 100%(1x) |
Currency Options | Nil | Up to 10x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100% |
Commodity Futures | Upto 2x for Intraday | 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 Sharekhan include TradeTiger, Sharekhan Mobile. GCL Securities offers GCL On Time, GCL PRO WEB, ODIN DIET trading software.
Sharekhan | 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 | 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 295 customer reviews whereas GCL Securities is rated 5.0 of 5 based on 1 customer reviews.
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 | Free Trading & Demat Account (for limited time only)Get FREE Trading + Demat Account (Rs 1150 waived). You can also avail of attractive trading plans that suit your needs by just paying the AMC charges that are fully adjustable against brokerage. Thereby saving up to 70% on brokerage. This is a limited time offer. Simply leave your contact information with us and Sharekhan representatives will contact you. |
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