Both the brokers are registered with SEBI. 5paisa offers investmenet in Equity, F&O, Currency and Commodities, where GCL Securities offers investment in Equity, F&O and Currency only. The brokerage of 5paisa Max Rs 20 per trade while the brokerage of GCL Securities ranges between .01 to 0.1%. 5paisa is a Discount Broker where GCL Securities is a Full Service Broker. 5paisa is having overall higher rating compare to GCL Securities. 5paisa is rated 4 out of 5 where GCL Securities is rated only 3 out of 5. Number of active customer for 5paisa is 17,18,734 where number of active customer for GCL Securities is . 5paisa is serving more customer compare to GCL Securities.
Here we present side-by-side comparison of 5paisa 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 5paisa 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 5paisa 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 5paisa 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.
|Broker Type||Discount Broker||Full Service Broker|
|Exchanges Supported||BSE, NSE, MCX, NCDEX||NSE, BSE|
|Broker Overview||5paisa is the fastest-growing discount brokerage firms in India with a highly competitive pricing model, Rs. 0 commission on mutual fund investment, powerful in-house trading platforms across web, app, & desktop, and Robo Advisory platform. Its m...||An emerging full service broker who not only provides equity broking and advisory services but also provides opportunity to invest/ hedge through various other investment options like mutual Fund, IPOs, Insurance and more on various platfo...|
Comparison of 5paisa with GCL Securities on trading & demat account opening charges and AMC. Trading account opening charges - GCL Securities offer Free account opening where 5paisa charges Rs 300 (Rs 500 Cashback as Brokerage) for account opening. Demat AMC charges - 5paisa charges Rs 300 PA AMC for Demat account where GCL Securities charges Rs 400 PA AMC for Demat account.
|Trading Account Opening Fees||Rs 300 (Rs 500 Cashback as Brokerage)||Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 300 PA||Rs 400 PA|
|Provide DP Service|
Plans are the most important feature you look when compare 5paisa with GCL Securities. This section compare on high level about type of plans offered by brokers. Multiple Plans - 5paisa provide Multiple Plans where GCL Securities doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.
|Plan Types||5paisa||GCL Securities|
|Account Opening Request|
5paisa Brokerage Plan detail - 5paisa is a discount broker, which charges a flat fee of Rs 20 per executed order for Equity Cash, Equity F&O, Currency & Commodities. This is the lowest brokerage plan offered by the best brokerage house in India.
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||5paisa||GCL Securities|
|Plan Name||Basic Plan||Basic Trading Plan (Percentage Based)|
|Equity Delivery||Flat Fee Rs 20||0.1% or 10 paisa|
|Equity Intraday||Flat Fee Rs 20||0.01% or 1 paisa|
|Equity Futures||Flat Fee Rs 20||0.01% or 1 paisa|
|Equity Options||Flat Fee Rs 20||Rs 25 Per Lot|
|Currency Futures||Flat Fee Rs 20||0.01% or 1 paisa|
|Currency Options||Flat Fee Rs 20||Rs 25 Per Lot|
|Commodity Trading||Flat Fee Rs 20||0.01% or 1 paisa|
|Hidden Charges||No||Info Not Available|
|Funding||Yes - 18% interest PA||Info Not Available|
|Call & Trade Charges||Rs 100 per call(No limit of orders)||Info Not Available|
|Brokerage Calculator||Brokerage Calculator for 5paisa||Brokerage Calculator for GCL Securities|
Compare 5paisa with GCL Securities on transaction charges and PCM fee by segment.
|Transaction Charges Compare||5paisa||GCL Securities|
|Equity Delivery||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Intraday||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Futures||Rs 190 Per Cr||Rs 190 Per Cr|
|Equity Options||Rs 5000 Per Cr||Rs 5000 Per Cr|
|Currency Futures||Rs 90 Per Cr||Rs 110 Per Cr|
|Currency Options||Rs 4000 Per Cr||Rs 4000 Per Cr|
|Commodity||Rs 260 Per Cr||Non-Agri: Rs 310 Per Cr | Agri: Rs 225 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for 5paisa||Complete Brokerage Plans for gclsecurities|
Compare 5paisa with GCL Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - 5paisa offers Algo Trading where GCL Securities doesn't offers Algo Trading. Margin Funding - 5paisa offers a margin funding where GCL Securities doesn't offers margin funding. NRI Trading - GCL Securities offers NRI where 5paisa doesn't offers NRI Trading.
|Account Features Compare||5paisa||GCL Securities|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15 PM||3:00 PM|
With our expert research team, we have compared all the major features of Trading platform b/w 5paisa 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||5paisa||GCL Securities|
|Desktop Trading Platform||5paisaTradeStation||ODIN|
|Desktop Demo||Desktop Demo||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://www.5paisa.com/online-trading||https://www.gclbroking.com|
|Web Trading Demo||Web Trading Demo||Info Not Available|
|Mobile Trading App||5paisa Mobile App||GCL On Time|
|Mobile Trading App Demo||5paisa Mobile App Demo||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod 5paisa Mobile App Download||Andriod GCL On Time Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS 5paisa Mobile App 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 5paisa||Equity Intraday and Delivery Brokerage Calculator for GCL Securities|
|Futures Brokerage Calculator||Futures Brokerage Calculator for 5paisa||Futures Brokerage Calculator for GCL Securities|
|Options Brokerage Calculator||Options Brokerage Calculator for 5paisa||Options Brokerage Calculator for GCL Securities|
|Detail||Detail on Trading Platforms for 5paisa||Detail on Trading Platforms for gclsecurities|
Compare 5paisa 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 - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.
|Investment Offerings Compare||5paisa||GCL Securities|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||Loans|
Order Type - Compare 5paisa 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) - 5paisa 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) - 5paisa provide Bracket Orders (BO) where GCL Securities doesn't offer.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)- 5paisa offers After Market Orders where GCL Securities doesn't offers AMO. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||5paisa||GCL Securities|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare 5paisa 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||5paisa||GCL Securities|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||+91 89766 89766||Info Not Available|
|Account Opening Process||Online/Paperless||Info Not Available|
|Customer Support Email||[email protected]||Info Not Available|
|Knowledge Center/Education||https://www.5paisa.com/knowledge-centre||Info Not Available|
|Head Office Address||5paisa headquater
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane - 400604
|Info Not Available|
|Website||https://www.5paisa.com/||Info Not Available|
Compare 5paisa with GCL Securities on research reports and tips provided by the broker.
Compare 5paisa 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 5paisa is ₹300 pa.
Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading â€“ 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 5paisa is ₹12.50 per ISIN 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
|Demat Account Annual Maintenance Charges(AMC)||₹300 pa||₹300 pa|
|Transaction Charges on Debit (Per ISIN)||₹12.50 per ISIN||₹11|
|Demat||₹15 per certificate||₹10 per certificate + ₹30 courier charges|
|Remat||₹15 for every hundred securities or ₹15 per certificate whichever is higher||Actual CDSL charges + ₹30 request charges|
|Pledge Creation||₹50||₹25 per transaction|
|Pledge Creation Confirmation||NIL||₹25 per transaction|
|Pledge Closure||NIL||₹25 per transaction|
|Pledge Closure Confirmation||NIL||₹25 per transaction|
|Pledge Invocation||NIL||₹25 per transaction|
|Failed Instruction Charges||Nil||Nil|
Compare 5paisa with GCL Securities on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|Pay In and Pay Out Options||Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from 5Paisa trader or Back Office.
Pay-out/Fund Withdrawal - Bank Transfer only
|Info Not Available|
|Payout Time||Max 24 hrs except bank holidays||Info Not Available|
|Bank Supported and Charges||Around 40 banks allow instant credit facility(Payment Gateway) with charges of Rs 9 from 5paisa trading platforms.||Info Not Available|
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
|Info Not Available|
|Special Offers/Promo||Rs 500 Cashback as Brokerage benefit. This is a limited time promotional offer.|
|Enquiry||Enquire for 5paisa||Enquire for GCL Securities|
Last Updated on 2022-05-25T01:20:20+00:00
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