How GCL Securities works?

GCL Securities is a full-service broker providing trading, hedging, and investment offerings in Stocks, Derivatives, Commodity, Currency, mutual funds, Fixed Income, IPO, and SIP. GCL Securities offers free account opening with an annual maintenance charge of Rs 300 per year.

You need to open a trading and Demat account with GCL Securities to avail of its services. The Demat account is optional in case of an existing account. However, it is advisable to open both accounts with one broker for seamless transactions. The Demat account gets linked to your trading account. You also need to register one bank account with the broker. Once all the accounts are ready, you can trade with GCL Securities through any of the GCL Securities trading platforms offered via the web, mobile app, trading terminal, or call and trade.

The company provides research services to its customers that help them make informed decisions on their investments. GCL Securities trading platforms are built based on ODIN software owned by 63 moons technologies Limited.

GCL Securities offers two brokerage plans - Premium Plan and Discount Plan. The premium plan includes specialized services and is based on a percentage basis brokerage model for Equity and Futures trades and per lot basis in case of an Options trade. The discount plan follows a flat fee model of Rs 25/Trade across all the asset classes.