Tradeplus Vs GCL Securities (Compare Tradeplus and GCL Securities)

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


Tradeplus
Tradeplus is an online stock broker (hybrid of traditional and discount broker) offering trading & investment at BSE, NSE and MCX. Tradeplus is famous for its unlimited zero brokerage trading plans which offer infinite trading at a fixed monthly fee in few segments. The unlimited trading plans are available in Commodities, Equity&Options and Currency Derivatives segments. Tradeplus also offer demat account services at a low AMC charge of Rs 90 per year. Tradeplus also offer Online Mutual... Know more about Tradeplus (Navia Markets Ltd)


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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Tradeplus Vs GCL Securities

Incorporated in , Tradeplus is a Discount Broker. It offers trading at BSE, NSE, MCX. 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.

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

Tradeplus trading account opening charges is Rs 199 while GCL Securities account opening changes is Rs 0 (Free). Tradeplus Demat Account AMC Charges is Rs 500 (5 years) and GCL Securities Demat Account AMC Charges is Rs 300 per year or Lifetime free AMC for Rs 1250.

  Tradeplus GCL Securities
Trading Account Opening Charges Rs 199 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 500 (5 years) Rs 300 per year or Lifetime free AMC for Rs 1250
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Tradeplus Vs GCL Securities Brokerage Charges & Plans

Tradeplus Vs GCL Securities Brokerage

Tradeplus brokerage charges for equity is Rs 0 (Free) and intraday is 0.01% whereas GCL Securities brokerage charges for equity is 0.20% and intraday is 0.02%.

  Tradeplus GCL Securities
Account Type Infinite Trading Plans Premium Plan
Fixed Charges As per segment NA
Equity Delivery Brokerage Rs 0 (Free) 0.20%
Equity Intraday Brokerage 0.01% 0.02%
Equity Futures Brokerage Rs 799 per month (unlimited trading) 0.02%
Equity Options Brokerage Rs 99 per month (unlimited trading) Rs 25 per lot
Currency Futures Trading Brokerage Rs 99 per month (unlimited trading) 0.01%
Currency Options Trading Brokerage Rs 99 per month (unlimited trading) Rs 15 per lot
Commodity Futures Trading Brokerage Rs 99 per month (unlimited trading) 0.01%
Commodity Options Trading Brokerage Rs 50 per lot
Special Offer
Special Offer: Brokerage Free equity delivery trading (truly no commission) and Flat Rs 9 intranet and F&O trade brokerage. Get the offer

Tradeplus Vs GCL Securities Brokerage Plan 2

  Tradeplus GCL Securities
Account Type General Brokerage Plan Discount Plan
Fixed Charges NA NA
Equity Delivery Brokerage Rs 0 (Free) Rs 25 per lot
Equity Intraday Brokerage 0.01% Rs 25 per lot
Equity Futures Brokerage 0.01% Rs 25 per lot
Equity Options Brokerage Rs 60 per lot Rs 25 per lot
Currency Futures Trading Brokerage Rs 20 per lot Rs 25 per lot
Currency Options Trading Brokerage Rs 60 per lot Rs 25 per lot
Commodity Futures Trading Brokerage 0.01% Rs 25 per lot
Commodity Options Trading Brokerage Rs 25 per lot

Tradeplus Charges Vs GCL Securities

Minimum Brokerage Charges Rs 10 per contract
Other Brokerage Charges SMS Charges: Rs 100 per segment. Software Charges Equity: Rs 499 per month, MCX: Rs 249 per month
Call & Trade Charges Flat Rs 75 per day Rs 0 (Free) in Premium Plan and Rs 100 per call in Discount Plan
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Tradeplus Vs GCL Securities Transaction Charges

Tradeplus transaction charges for options is Rs 7500 per crore (0.075%)(on premium) while GCL Securities exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).

  Tradeplus GCL Securities
Equity Delivery Rs 330 per crore (0.0033%) (each side) NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%)
Equity Intraday Rs 330 per crore (0.0033%) (sale side) NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%)
Equity Futures Rs 350 per crore (0.0035%) NSE Rs 190 per crore (0.0019%)
Equity Options Rs 7500 per crore (0.075%)(on premium) NSE Rs 5000 per crore (0.05%)
Currency Futures Rs 165 per crore (0.00165%) NSE Rs 110 per crore (0.0011%)
Currency Options Rs 6000 (on premium) per crore (0.06%) NSE Rs 110 per crore (0.0011%)
Commodity Rs 400 (0.004%) MCX Rs 260 per crore (0.0026%) | NCDEX Rs 600 per crore (0.006%)
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Tradeplus Vs GCL Securities Leverage (Margin)

Tradeplus provides the margin of Upto 33X for intraday trades whereas the GCL Securities margin for intraday cash is Up to 10x (based on stock).

  Tradeplus GCL Securities
Equity Delivery Upto 4X As per exchange VaR + ELM
Equity Intraday Upto 33X Up to 10x (based on stock)
Equity Futures Intraday leverage 2X | Cover Order Margin 3% Intraday - Up to 10x, Carry forward - 100%(1x)
Equity Options Intraday Leverage of 2X Up to 10x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100%
Currency Futures Intraday Leverage of 2X Intraday - Up to 6x, Carry forward - 100%(1x)
Currency Options 1X Up to 10x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100%
Commodity Futures Intraday Leverage of 2X 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 Tradeplus and GCL Securities Features

The trading platforms offered Tradeplus include INFINI, NSE NOW. GCL Securities offers GCL On Time, GCL PRO WEB, ODIN DIET trading software.

  Tradeplus GCL Securities
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform INFINI, NSE NOW GCL On Time, GCL PRO WEB, ODIN DIET
Intraday Square-off Time 3:10 PM
Other Features
Referral Program
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Tradeplus Vs GCL Securities Review

Tradeplus is rated 3.1 of 5 based on 31 customer reviews whereas GCL Securities is rated 5.0 of 5 based on 1 customer reviews.

  Tradeplus GCL Securities
  31 Customer Reviews    Rate Tradeplus 1 Customer Reviews    Rate GCL Securities
Fees 3.5 5.0
Trading Brokerage 4.1 5.0
Trading Platform Usability 2.9 4.0
Customer Service 2.7 5.0
Research Capabilities 2.2 5.0
Overall Ratings Rated 3.1 stars Rated 5.0 stars
Broker Rating Tradeplus is rated 3.1 of 5 based on 31 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

  Tradeplus Enquire GCL Securities Enquire
Contact Broker

Brokerage Free equity delivery trading (truly no commission) and Flat Rs 9 intranet and F&O trade brokerage. Get the offer

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Tradeplus Vs GCL Securities Investment Options

  Tradeplus GCL Securities
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options
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Tradeplus Vs GCL Securities Order Type Offered

  Tradeplus 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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Tradeplus Vs GCL Securities Research Report

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

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

  Tradeplus GCL Securities
Pros
  1. Unlimited monthly trading plans available for frequent traders.
  2. Free equity delivery trading. No brokerage charged for trading in equity delivery (cash & carry) segment.
  3. Low demat AMC or Rs 90 per month.
  4. Analysis tools available for intraday trading.
  • 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
  1. Customer has to pay software charges.
  2. High call & trade charges. Rs 1000 per month.
  3. Lower margin.
  • 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 Equity Delivery Trade + Flat Rs 9 intranet and F&O trade

Get free equity delivery trading (zero brokerage) and pay flat Rs 9 intranet and F&O trade brokerage. To open an account with Tradeplus, simply leave your contact information and Tradeplus representatives will call you.

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Tradeplus GCL Securities
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