Trustline Vs GCL Securities (Compare Trustline and GCL Securities)

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


Trustline
Incorporated in 1989, Trustline Securities is a Noida based financial service provider. Trustline is a full-service broker for over 25 years. Trustline offers customised investment solutions to corporate, institutions and retail investors, through a wide network of offices across India. Trustline provides brokerage services through the online trading website and 400+ branch offices. Trustline research desk offers research based-on technical and fundamental analysis in equity, currency, and comm... Know more about Trustline Securities 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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Trustline Vs GCL Securities

Incorporated in , Trustline is a Full Service 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.

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

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

  Trustline 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 Regular: Rs 0, Lifetime Free AMC: Rs 1000 Rs 0 (Free)
Demat Account AMC Charges Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0 Rs 300 per year or Lifetime free AMC for Rs 1250
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Trustline Vs GCL Securities Brokerage Charges & Plans

Trustline Vs GCL Securities Brokerage

Trustline brokerage charges for equity is 0.20% (20 paisa) and intraday is 0.02% (2 paisa) whereas GCL Securities brokerage charges for equity is 0.20% and intraday is 0.02%.

  Trustline GCL Securities
Account Type Full-service Brokerage Plan Premium Plan
Fixed Charges NA
Equity Delivery Brokerage 0.20% (20 paisa) 0.20%
Equity Intraday Brokerage 0.02% (2 paisa) 0.02%
Equity Futures Brokerage 0.02% (2 paisa) 0.02%
Equity Options Brokerage Rs 75 per lot Rs 25 per lot
Currency Futures Trading Brokerage 0.02% (2 paisa) 0.01%
Currency Options Trading Brokerage Rs 7.5 per lot Rs 15 per lot
Commodity Futures Trading Brokerage Future: 0.02% (2 paisa) | Options: Rs 50 per lot 0.01%
Commodity Options Trading Brokerage Rs 50 per lot
Special Offer
Special Offer: Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback

Trustline Vs GCL Securities Brokerage Plan 2

  Trustline GCL Securities
Account Type Full-service Brokerage Plan Discount Plan
Fixed Charges NA
Equity Delivery Brokerage 0.20% (20 paisa) Rs 25 per lot
Equity Intraday Brokerage 0.02% (2 paisa) Rs 25 per lot
Equity Futures Brokerage 0.02% (2 paisa) Rs 25 per lot
Equity Options Brokerage Rs 75 per lot Rs 25 per lot
Currency Futures Trading Brokerage 0.02% (2 paisa) Rs 25 per lot
Currency Options Trading Brokerage Rs 7.5 per lot Rs 25 per lot
Commodity Futures Trading Brokerage Future: 0.02% (2 paisa) | Options: Rs 50 per lot Rs 25 per lot
Commodity Options Trading Brokerage Rs 25 per lot

Trustline Charges Vs GCL Securities

Minimum Brokerage Charges Rs 0 (No Minimum Brokerage) Rs 10 per contract
Other Brokerage Charges Physical contact notes: Rs 20
Call & Trade Charges Rs 0 (Free) Rs 0 (Free) in Premium Plan and Rs 100 per call in Discount Plan
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Trustline Vs GCL Securities Transaction Charges

Trustline transaction charges for options is NSE Rs 5000 per crore (0.05%) while GCL Securities exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).

  Trustline GCL Securities
Equity Delivery NSE Rs 325 per crore | BSE Rs 1.5/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 1.5/trade (each side) NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%)
Equity Futures NSE Rs 190 per crore (0.0019%) NSE Rs 190 per crore (0.0019%)
Equity Options NSE Rs 5000 per crore (0.05%) NSE Rs 5000 per crore (0.05%)
Currency Futures NSE Rs 90/cr (0.0009%) | BSE Rs 18/cr (0.00018%) NSE Rs 110 per crore (0.0011%)
Currency Options NSE Rs 4000 (on premium) per cr (0.04%) | BSE Rs 1500 NSE Rs 110 per crore (0.0011%)
Commodity MCX Rs 260/Cr (0.0026%) | NCDEX Rs 600/cr (0.006%) MCX Rs 260 per crore (0.0026%) | NCDEX Rs 600 per crore (0.006%)
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Trustline Vs GCL Securities Leverage (Margin)

Trustline provides the margin of Up to 20x for intraday trades whereas the GCL Securities margin for intraday cash is Up to 10x (based on stock).

  Trustline GCL Securities
Equity Delivery 1x (100% Margin Required) As per exchange VaR + ELM
Equity Intraday Up to 20x Up to 10x (based on stock)
Equity Futures NSE: 2x Intraday - Up to 10x, Carry forward - 100%(1x)
Equity Options NSE: 2x Up to 10x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100%
Currency Futures NSE: 2x Intraday - Up to 6x, Carry forward - 100%(1x)
Currency Options NSE: 2x Up to 10x (Sell) , Intraday (Buy) - Up to 1x, Carry forward - 100%
Commodity Futures MCX Futures: 8x 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 Trustline and GCL Securities Features

The trading platforms offered Trustline include Omnesys NEST is used as back-end. Front-end is built in-house by Trustline.. GCL Securities offers GCL On Time, GCL PRO WEB, ODIN DIET trading software.

  Trustline 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 Omnesys NEST is used as back-end. Front-end is built in-house by Trustline. GCL On Time, GCL PRO WEB, ODIN DIET
Intraday Square-off Time Equity: 3:15 PM, Commodity: 11:15 PM 3:10 PM
Other Features
Referral Program
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Trustline Vs GCL Securities Review

Trustline is rated 4.0 of 5 based on 1 customer reviews whereas GCL Securities is rated 5.0 of 5 based on 1 customer reviews.

  Trustline GCL Securities
  1 Customer Reviews    Rate Trustline 1 Customer Reviews    Rate GCL Securities
Fees 4.0 5.0
Trading Brokerage 3.0 5.0
Trading Platform Usability 4.0 4.0
Customer Service 4.0 5.0
Research Capabilities 5.0
Overall Ratings Rated 4.0 stars Rated 5.0 stars
Broker Rating Trustline is rated 4.0 of 5 based on 1 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

  Trustline Enquire GCL Securities Enquire
Contact Broker

Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback

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Trustline Vs GCL Securities Investment Options

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

  Trustline GCL Securities
Bracket Order No
Cover Order Yes 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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Trustline Vs GCL Securities Research Report

  Trustline GCL Securities
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Trustline Vs GCL Securities Suitable For Investor Type

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

  Trustline GCL Securities
Pros
  • Research based fundamental and technical analysis available to all the customers.
  • Paperless account opening is available with eKYC and Aadhar integration
  • All trading softwares including trading terminal are available for free.
  • Uses trading platform of Omnesys which is industry leading trading software provider.
  • Margin Against Share is available
  • Short selling is available in NSE Cash segment only.
  • After Hours Orders and Good Till Cancelled (GTC) orders are available.
  • SMS Trade Alerts are available for free to all customers.
  • Call & Trade is free for all customers.
  • 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
  • Separate account needed for Mutual Funds investment.
  • Doesn't offer bracket orders.
  • Online IPO, NCD, Corporate Bond investment is not available.
  • Trading API is now available.
  • No extra charge for intraday or expiry positions closed by the broker.
  • 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

Lifetime FREE AMC Demat Account - 50% Off

Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save Rs 500 on account opening.

This is a limited time offer. Simply leave your contact information with us and Trustline representatives will contact you.

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