FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Both the brokers are registered with SEBI. ICICIDirect offers investmenet in Equity, F&O, Currency and Commodities, where GCL Securities offers investment in Equity, F&O and Currency only. The brokerage of ICICIDirect ranges between Rs. 20 while the brokerage of GCL Securities ranges between .01 to 0.1%. Both the brokers are Full Service brokers. ICICIDirect is having overall higher rating compare to GCL Securities. ICICIDirect is rated 4 out of 5 where GCL Securities is rated only 3 out of 5. Number of active customer for ICICIDirect is 18,45,202 where number of active customer for GCL Securities is . ICICIDirect is serving more customer compare to GCL Securities.
Here we present side-by-side comparison of ICICIDirect vs GCL Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared ICICIDirect vs GCL Securities's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.
Here we present side-by-side comparison of ICICIDirect vs GCL Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.
To be precise, we have compared ICICIDirect vs GCL Securities's on
This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.
Comparison of ICICIDirect with GCL Securities on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - ICICIDirect charges Rs 300 per annum AMC for Demat account where GCL Securities charges Rs 400 PA AMC for Demat account.
Charges | ICICIDirect | GCL Securities |
---|---|---|
Trading Account Opening Fees | Free | Free |
Trading AMC | Free | Free |
Demat Account Opening Fees | Free | Free |
Demat AMC | Rs 300 per annum | Rs 400 PA |
Provide DP Service |
Plans are the most important feature you look when compare ICICIDirect with GCL Securities. This section compare on high level about type of plans offered by brokers. Multiple Plans - ICICIDirect provide Multiple Plans where GCL Securities doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.
Plan Types | ICICIDirect | GCL Securities |
---|---|---|
Multiple Plans | ||
Monthly Plans | ||
Yearly Plans |
Zerodha | Zerodha | |
---|---|---|
Account Opening Request |
ICICIDirect Brokerage Plan detail - ICICI Direct NEO is a flat brokerage plan that charges a flat fee of Rs. 20 per order on equity intraday, equity options, currency, and commodity derivative trading segment while offers free equity futures trading.
GCL Securities Brokerage Plan detail - Base plan- .01 to .1% plan which is one of the lowest plan in compare to all full service brokers.
Brokerage Charges Compare | ICICIDirect | GCL Securities |
---|---|---|
Plan Name | NEO Flat Discount Brokerage Plan | Basic Trading Plan (Percentage Based) |
Equity Delivery | 0.55% | 0.1% or 10 paisa |
Equity Intraday | Flat Rs. 20 per order | 0.01% or 1 paisa |
Equity Futures | Free (Rs. 0 brokerage) | 0.01% or 1 paisa |
Equity Options | Flat Rs. 20 per order | Rs 25 Per Lot |
Currency Futures | Flat Rs. 20 per order | 0.01% or 1 paisa |
Currency Options | Flat Rs. 20 per order | Rs 25 Per Lot |
Commodity Trading | Flat Rs. 20 per order | 0.01% or 1 paisa |
Minimum Brokerage | Rs 35 per trade | NIL |
Hidden Charges | Yes | Info Not Available |
Funding | Yes - 18% interest PA | Info Not Available |
Call & Trade Charges | First 20 call free and Rs 25 there onwards. | NA |
Auto Square off Charges | First 20 call free and Rs 25 there onwards. | NA |
Brokerage Calculator | Brokerage Calculator for ICICIDirect | Brokerage Calculator for GCL Securities |
Compare ICICIDirect with GCL Securities on transaction charges and PCM fee by segment.
Transaction Charges Compare | ICICIDirect | GCL Securities |
---|---|---|
Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
Equity Intraday | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
Equity Futures | NSE:200 Per Cr | BSE:FREE | NSE:200 Per Cr | BSE:FREE |
Equity Options | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE:5050 Per Cr | BSE:3700 Per Cr |
Currency Futures | NSE:90 Per Cr | BSE:25 Per Cr | NSE:90 Per Cr | BSE:25 Per Cr |
Currency Options | NSE:4000 Per Cr | BSE:100 Per Cr | NSE:4000 Per Cr | BSE:100 Per Cr |
Commodity | NA | Non-Agri: Rs 310 Per Cr | Agri: Rs 225 Per Cr |
Brokerage Charges | Complete Brokerage Plans for icicidirect | Complete Brokerage Plans for gclsecurities |
Compare ICICIDirect with GCL Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - ICICIDirect offers 3-in-1 account where GCL Securities offers only 2-in-1 account which includes trading and demat account. Algo Trading - both doesn't offers Algo trading. Margin Funding - ICICIDirect offers a margin funding where GCL Securities doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.
Account Features Compare | ICICIDirect | GCL Securities |
---|---|---|
3 in 1 Account | ||
Charting | ||
Algo Trading | ||
SMS Alerts | ||
Online Demo | ||
Online Portfolio | ||
Margin Trading Funding Available | ||
Combined Ledger for Equity and Commodity | ||
Intraday Square-off Time | 3:15PM | 3:00 PM |
NRI Trading | ||
Other Features | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w ICICIDirect and GCL Securities. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.
Trading Platform Compare | ICICIDirect | GCL Securities |
---|---|---|
Desktop Trading Platform | Trade Racer | ODIN |
Desktop Demo | Desktop Demo | Info Not Available |
Desktop Platform (Windows) | ||
Desktop Platform (Mac) | ||
Web Trading Platform | ||
Web Trading Detail | https://www.icicidirect.com | https://www.gclbroking.com |
Web Trading Demo | Web Trading Demo | Info Not Available |
Mobile Site | ||
Mobile Trading | ||
Mobile Trading App | ICICI direct Mobile | GCL On Time |
Mobile Trading App Demo | ICICI direct Mobile Demo | Info Not Available |
Android Mobile App | ||
Android App Download | Andriod ICICI direct Mobile Download | Andriod GCL On Time Download |
iPhone Mobile App (IOS) | ||
iOS App Download | iOS ICICI direct Mobile Download | iOS GCL On Time Download |
Android Tablet App | ||
iPad App (IOS) | ||
Trading Software Charges | Free | Info Not Available |
Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for ICICIDirect | Equity Intraday and Delivery Brokerage Calculator for GCL Securities |
Futures Brokerage Calculator | Futures Brokerage Calculator for ICICIDirect | Futures Brokerage Calculator for GCL Securities |
Options Brokerage Calculator | Options Brokerage Calculator for ICICIDirect | Options Brokerage Calculator for GCL Securities |
Detail | Detail on Trading Platforms for icicidirect | Detail on Trading Platforms for gclsecurities |
Compare ICICIDirect with GCL Securities on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - GCL Securities offers trading options in Commodity (MCX) where ICICIDirect doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - ICICIDirect provide PMS Service where GCL Securities doesn't offer
Investment Offerings Compare | ICICIDirect | GCL Securities |
---|---|---|
Equity Cash and F&O | ||
Currency Deravitives | ||
Commodity | ||
Online IPO Application | ||
Mutual Funds | ||
Bond / NCD | ||
ETF | ||
Banking | ||
Insurance | ||
Forex | ||
MF SIP Investment | ||
Equity SIP Investment | ||
PMS Service | ||
Other Investment Options | NIL | Loans |
Order Type - Compare ICICIDirect with GCL Securities on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - ICICIDirect provide Cover Orders (CO) where GCL Securities doesn't offer.Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both broker don't have Bracket Orders (BO).With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- ICICIDirect offers After Market Orders where GCL Securities doesn't offers AMO. GTC Orders- ICICIDirect offers Good Till Cancelled (GTC) orders where GCL Securities doesn't support Good Till Cancelled (GTC) orders.
Order Type Compare | ICICIDirect | GCL Securities |
---|---|---|
CNC order | ||
MIS order | ||
NRML order | ||
Cover order | ||
Bracket order | ||
AMO-After Market Orders | ||
GTC-Good Till Cancelled |
Compare ICICIDirect with GCL Securities on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.
Customer Service Compare | ICICIDirect | GCL Securities |
---|---|---|
24/7 Customer Service | ||
Email Support | ||
Onine Live Chat | ||
Phone Support | ||
Toll Free Number | ||
Through Branches | ||
Customer Care Number | 1860 123 1122 | Info Not Available |
Account Opening Process | Online | Info Not Available |
Customer Support Email | [email protected] | Info Not Available |
Knowledge Center/Education | https://www.icicidirect.com/knowledge-center | Info Not Available |
Head Office Address | ICICI Centre, H.T. Parekh Marg, Churchgate, Mumbai - 400020 |
Info Not Available |
Website | https://www.icicidirect.com | Info Not Available |
Compare ICICIDirect with GCL Securities on research reports and tips provided by the broker.
Compare ICICIDirect with GCL Securities on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.
Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.
Demat AMC for GCL Securities is ₹300 pa where for ICICIDirect is ₹700 pa.
Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.
Transaction charges on debit of ISIN for ICICIDirect is 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) where for GCL Securities is ₹11.You can see this charges on debit of Equity/Mutual Funds from your demat account.
This section covers about demat charges, demat service and other details
Compare ICICIDirect with GCL Securities on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
ICICIDirect | GCL Securities | |
---|---|---|
Pay In and Pay Out Options | Pay-in/adding funds - Cheque, Online Bank Transfer from ICICI Bank. Pay-out/Fund Withdrawal - Bank Transfer only. |
Info Not Available |
Payout Time | Instant to ICICI Bank. | Info Not Available |
Bank Supported and Charges | Info Not Available | Info Not Available |
Bank Detail | Direct from your ICICI bank account. | Info Not Available |
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Special Offers/Promo | Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. | |
Enquiry | Open Zerodha Account Now>> | Open Zerodha Account Now>> |
Last Updated on 2023-09-14T04:34:26+00:00