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How is GCL Securities brokerage calculated?

GCL Securities Account Opening

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GCL Securities offers two brokerage plans - (i) Premium plan and (ii) Discount Plan to its customers.

The Premium Plan is a combination of a percentage-based brokerage model for Equity Delivery, Intraday, and Futures trade and per lot basis brokerage model for an Options trade. In a percentage-based brokerage model, the brokerage charged is a percentage of the trading value whereas, in a per lot basis model, the brokerage is charged based on the number of lots executed irrespective of the trade value.

The Discount Plan follows a flat fee model with a flat Rs 25 per trade across all asset classes irrespective of trade quantity or value.

For example,

  • Under a Premium plan, if you buy 500 shares of ABC Company @ Rs 50, you pay Rs 50 as brokerage as per 0.20% on the trade value of Rs 25,000.
  • Similarly, if you buy 5 lots of NIFTY Options, you pay Rs 125 as per brokerage based on Rs 25 per lot for Equity Options.
  • In case of a discount plan, if you buy 500 shares of ABC Company @ Rs 50 or buy 100 shares @ Rs 500, you pay only Rs 25 as brokerage based on the flat fee model irrespective of its trade value or quantity.

GCL Securities Premium Plan Brokerage Charges Details

Segment

Brokerage Fee

Equity Delivery

0.20%

Equity Intraday

0.02%

Equity Futures

0.02%

Equity Options

Rs 25 per lot

Currency Futures

0.01%

Currency Options

Rs 15 per lot

Commodity Futures

0.01%

Commodity Options

Rs 50 per lot



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