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Zerodha Vs GCL Securities (Compare Zerodha and GCL Securities)

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

Zerodha
Zerodha is India's No. 1 stockbroker. It is largest and most popular broker offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO and Direct Mutual Funds. Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and F&O, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. With Zerodha, the maximum brokerage you pay for any transaction is Rs 20 for an order (of any size, amount or segment). Ze...

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...

Zerodha Vs GCL Securities

Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 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.

	Zerodha	GCL Securities
Type of Broker	Discount Broker	Full Service Broker
Supported Exchnages	NSE, BSE, MCX and NCDEX	BSE, NSE, MCX, NCDEX
Account Type	Flat Brokerage Plan	Premium Plan
Year of Incorporation	2010	2004
Number of Branches	22	7
Broker Enquiry

Zerodha Vs GCL Securities Charges & AMC

Zerodha trading account opening charges is Rs 200 while GCL Securities account opening changes is Rs 0 (Free). Zerodha Demat Account AMC Charges is Rs 300 and GCL Securities Demat Account AMC Charges is Rs 300 per year or Lifetime free AMC for Rs 1250.

	Zerodha	GCL Securities
Trading Account Opening Charges	Rs 200	Rs 0 (Free)
Trading Account AMC Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account Opening Charges	Rs 0	Rs 0 (Free)
Demat Account AMC Charges	Rs 300	Rs 300 per year or Lifetime free AMC for Rs 1250

Zerodha Vs GCL Securities Brokerage Charges & Plans

Zerodha Vs GCL Securities Brokerage

Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas GCL Securities brokerage charges for equity is 0.20% and intraday is 0.02%.

	Zerodha	GCL Securities
Account Type	Flat Brokerage Plan	Premium Plan
Fixed Charges		NA
Equity Delivery Brokerage	Rs 0 (Free)	0.20%
Equity Intraday Brokerage	Rs 20 per executed order or .03% whichever is lower	0.02%
Equity Futures Brokerage	Rs 20 per executed order or .03% whichever is lower	0.02%
Equity Options Brokerage	Rs 20 per executed order	Rs 25 per lot
Currency Futures Trading Brokerage	Rs 20 per executed order or .03% whichever is lower	0.01%
Currency Options Trading Brokerage	Rs 20 per executed order or .03% whichever is lower	Rs 15 per lot
Commodity Futures Trading Brokerage	Rs 20 per executed order or .03% whichever is lower	0.01%
Commodity Options Trading Brokerage	Rs 20 per executed order or .03% whichever is lower	Rs 50 per lot
Special Offer	Special Offer: Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. Get the offer

Zerodha Vs GCL Securities Brokerage Plan 2

	Zerodha	GCL Securities
Account Type	Flat Brokerage Plan	Discount Plan
Fixed Charges		NA
Equity Delivery Brokerage	Rs 0 (Free)	Rs 25 per lot
Equity Intraday Brokerage	Rs 20 per executed order or .03% whichever is lower	Rs 25 per lot
Equity Futures Brokerage	Rs 20 per executed order or .03% whichever is lower	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 or .03% whichever is lower	Rs 25 per lot
Currency Options Trading Brokerage	Rs 20 per executed order or .03% whichever is lower	Rs 25 per lot
Commodity Futures Trading Brokerage	Rs 20 per executed order or .03% whichever is lower	Rs 25 per lot
Commodity Options Trading Brokerage	Rs 20 per executed order or .03% whichever is lower	Rs 25 per lot

Zerodha Charges Vs GCL Securities

Minimum Brokerage Charges	0.03% in Intraday and F&O	Rs 10 per contract
Other Brokerage Charges	Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS
Call & Trade Charges	Rs 50 per executed order	Rs 0 (Free) in Premium Plan and Rs 100 per call in Discount Plan

Zerodha Vs GCL Securities Transaction Charges

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

	Zerodha	GCL Securities
Equity Delivery	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 300 per Cr (0.003%) (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 300 per Cr (0.003%) (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%)	NSE Rs 190 per crore (0.0019%)
Equity Options	NSE Rs 5000 per Cr (0.05%) (on premium)	NSE Rs 5000 per crore (0.05%)
Currency Futures	NSE Rs 90 per Cr (0.0009%) \| BSE Rs 22 per Cr (0.00022%)	NSE Rs 110 per crore (0.0011%)
Currency Options	NSE Rs 3500 per Cr (0.035%) \| BSE Rs 100 per Cr (0.001%) (on premium)	NSE Rs 110 per crore (0.0011%)
Commodity	Group A - Rs 260 per Cr (0.0026%)	MCX Rs 260 per crore (0.0026%) \| NCDEX Rs 600 per crore (0.006%)

Zerodha Vs GCL Securities Leverage (Margin)

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

	Zerodha	GCL Securities
Equity Delivery	1x (no margin)	As per exchange VaR + ELM
Equity Intraday	Up to 20x (based on the stock)	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 - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	Intraday - Up to 6x, Carry forward - 100%(1x)
Currency 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%
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%

Compare Zerodha and GCL Securities Features

The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. GCL Securities offers GCL On Time, GCL PRO WEB, ODIN DIET trading software.

	Zerodha	GCL Securities
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Kite Web, Kite Mobile for Android/iOS and Coin	GCL On Time, GCL PRO WEB, ODIN DIET
Intraday Square-off Time	Eq Cash: 3:15 PM \| Eq F&O : 3:25 PM \| Currency: 4:45 PM \| Commodities: 25 min before close	3:10 PM
Other Features	Direct Mutual Funds, APIs for Algo Trading
Referral Program

Zerodha Vs GCL Securities Review

Zerodha is rated 3.7 of 5 based on 409 customer reviews whereas GCL Securities is rated 5.0 of 5 based on 1 customer reviews.

	Zerodha	GCL Securities
	409 Customer Reviews	1 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Zerodha is rated 3.7 of 5 based on 409 customer reviews	GCL Securities is rated 5.0 of 5 based on 1 customer reviews

Contact Broker / Request A Call Back

	Zerodha Enquire	GCL Securities Enquire
Contact Broker	Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. Get the offer Name Phone # Email City Name State Are you a day trader?

Zerodha Vs GCL Securities Investment Options

	Zerodha	GCL Securities
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Zerodha Vs GCL Securities Order Type Offered

	Zerodha	GCL Securities
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

Zerodha Vs GCL Securities Research Report

	Zerodha	GCL Securities
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Zerodha Vs GCL Securities Suitable For Investor Type

	Zerodha	GCL Securities
Casual Investor
Active Investor
Trader

Zerodha Vs GCL Securities - Pros and Cons

	Zerodha	GCL Securities
Pros	Free equity delivery trades. No brokerage charges for Cash-N-Carry orders. Excellent trading platforms (Kite) available for free. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Brokerage is 0.03% or Rs 20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges. Direct Mutual Fund Investment is available. Over 10 lakha+ active customers and 10% of daily volume at BSE, NSE and MCX. Zerodha Referral Program offers 10% broekrage share to clients you refer. Good Till Triggered (GTT) order are available. These are simillar to GTC orders.	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	Doesn't provide stock tips, research reports or recommendations. Call & Trade is charged at extra Rs 50 order. Auto Square off is charged at extra Rs 50 order. Doesn't offer 3-in-1 account. Doesn't offer unlimited trading plans. Doesn't offer AMC Free Demat account.	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 Trading Get free equity delivery trading (truly no brokerage) and pay flat Rs 20 brokerage for Intraday and F&O trades. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.

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Zerodha	GCL Securities
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