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Alice Blue Vs GCL Securities: Which one is better?

Both the brokers are registered with SEBI. Alice Blue offers investmenet in Equity, F&O, Currency and Commodities, where GCL Securities offers investment in Equity, F&O and Currency only. The brokerage of Alice Blue Max Rs 15 per trade while the brokerage of GCL Securities ranges between .01 to 0.1%. Alice Blue is a Discount Broker where GCL Securities is a Full Service Broker. Alice Blue is having overall higher rating compare to GCL Securities. Alice Blue is rated 4 out of 5 where GCL Securities is rated only 3 out of 5. Number of active customer for Alice Blue is 1,63,460 where number of active customer for GCL Securities is . Alice Blue is serving more customer compare to GCL Securities.

Here we present side-by-side comparison of Alice Blue 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 Alice Blue 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 Alice Blue 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 Alice Blue 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
  • Investment Options
  • And many more attributes

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.

Compare Alice Blue vs GCL Securities on Service

  Alice Blue Compare
Alice Blue
GCL Securities Compare
GCL Securities
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE
Active Clients 1,63,460
Broker Overview Trade smarter with Alice Blue! Yes, its Rs 15 maximum brokerage, free equity and mutual fund investment, top-rated ANT trading platforms, and plethora of learning resources make it an excellent broker for beginners and seasoned traders. 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...Know more about GCL Securities
Broker Enquiry Request call back from Alice Blue Request call back from Zerodha
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Account Opening Charges and AMC

Compare Alice Blue vs GCL Securities on Trading & Demat Account Opening Charges

Comparison of Alice Blue 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 - Both broker charge Rs 400 PA AMC for Demat Account.

Trading & Demat Account Opening Charges - Compare Alice Blue with GCL Securities
Charges Alice Blue GCL Securities
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA Rs 400 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Alice Blue vs GCL Securities on Plan Options

Plans are the most important feature you look when compare Alice Blue with GCL Securities. This section compare on high level about type of plans offered by brokers. Multiple Plans - Alice Blue provide Multiple Plans where GCL Securities doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Alice Blue with GCL Securities on Plan Options
Plan Types Alice Blue GCL Securities
Multiple Plans Yes No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Alice Blue Zerodha
Account Opening Request
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Brokerage Charges

Compare Alice Blue vs GCL Securities on Brokerage Charges

Alice Blue Brokerage Plan detail - Lowest Brokerage Plan - Max Rs 15 per Trade for Equity Intraday, Derivatives, Currency and Commodities. From May 2021, the F20 plan becomes the F15 plan.

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 Alice Blue with GCL Securities
Brokerage Charges Compare Alice Blue GCL Securities
Plan Name F15 Plan Basic Trading Plan (Percentage Based)
Equity Delivery Free 0.1% or 10 paisa
Equity Intraday 0.05% or Rs 15 whichever is lower 0.01% or 1 paisa
Equity Futures 0.05% or Rs 15 whichever is lower 0.01% or 1 paisa
Equity Options Flat Fee Rs 15 Rs 25 Per Lot
Currency Futures 0.05% or Rs 15 whichever is lower 0.01% or 1 paisa
Currency Options Flat Fee Rs 15 Rs 25 Per Lot
Commodity Trading Flat Fee Rs 15 0.01% or 1 paisa
Minimum Brokerage NA NIL
Hidden Charges No Info Not Available
Funding Yes - 24% interest PA Info Not Available
Call & Trade Charges Rs 50 per order + GST NA
Auto Square off Charges Rs 50 per order + GST NA
Brokerage Calculator Brokerage Calculator for Alice Blue Brokerage Calculator for GCL Securities
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Share Broker's Transaction Charges

Compare Alice Blue vs GCL Securities on Transaction Charges

Compare Alice Blue with GCL Securities on transaction charges and PCM fee by segment.

Transaction Charges - Compare Alice Blue with GCL Securities
Transaction Charges Compare Alice Blue 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 Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 310 Per Cr | Agri: Rs 225 Per Cr
Brokerage Charges Complete Brokerage Plans for alice-blue Complete Brokerage Plans for gclsecurities
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Account Features

Compare Alice Blue vs GCL Securities on Account Features

Compare Alice Blue 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 - Alice Blue offers Algo Trading where GCL Securities doesn't offers Algo Trading. Margin Funding - Both broker dont have a margin funding facility. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Alice Blue with GCL Securities
Account Features Compare Alice Blue GCL Securities
3 in 1 Account No Alice Blue have 2-in-1 account. Only Demate and Trading account. No Alice Blue have 2-in-1 account. Only Demate and Trading account.
Charting Yes No
Algo Trading Yes No
SMS Alerts No Yes
Online Demo No Yes
Online Portfolio No Yes
Margin Trading Funding Available No No
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15 PM 3:00 PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Alice Blue vs GCL Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Alice Blue 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 Alice Blue with GCL Securities
Trading Platform Compare Alice Blue GCL Securities
Desktop Trading Platform ANT - Analyse and Trade ODIN
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://www.gclbroking.com
Web Trading Demo Info Not Available Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App ANT Mobile GCL On Time
Mobile Trading App Demo ANT Mobile Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod ANT Mobile Download Andriod GCL On Time Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS ANT Mobile Download iOS GCL On Time Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Alice Blue Equity Intraday and Delivery Brokerage Calculator for GCL Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Alice Blue Futures Brokerage Calculator for GCL Securities
Options Brokerage Calculator Options Brokerage Calculator for Alice Blue Options Brokerage Calculator for GCL Securities
Detail Detail on Trading Platforms for alice-blue Detail on Trading Platforms for gclsecurities

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Broker Ratings by Users

Compare Alice Blue vs GCL Securities on User Rating

  Alice Blue GCL Securities
  8 Customer Reviews    Rate Alice Blue 1 Customer Reviews    Rate GCL Securities
Fees Ratings 2.6 5.0
Trading Brokerage Rating 3.4 5.0
Trading Platform Usability 2.4 4.0
Customer Service Ratings 2.6 4.0
Overall Ratings 2.1 4.0
Broker Rating Alice Blue is Rated 2.1 / 5 based on 8 customer reviews GCL Securities is Rated 4.0 / 5 based on 1 customer reviews
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Investment Offerings

Compare Alice Blue vs GCL Securities on Investment Offerings

Compare Alice Blue 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 Alice Blue with GCL Securities
Investment Offerings Compare Alice Blue GCL Securities
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
Mutual Funds Yes Yes
Bond / NCD No Yes
ETF Yes Yes
Banking No No
Insurance No No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL Loans
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Order Types

Compare Alice Blue vs GCL Securities on Order Types

Order Type - Compare Alice Blue 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) - Alice Blue 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) - Alice Blue 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)- Alice Blue offers After Market Orders where GCL Securities doesn't offers AMO. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Alice Blue with GCL Securities
Order Type Compare Alice Blue GCL Securities
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes No
Bracket order Yes No
AMO-After Market Orders Yes No
GTC-Good Till Cancelled No No
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Customer Service Offered

Compare Alice Blue vs GCL Securities on Customer Service

Compare Alice Blue 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 Support - Compare Alice Blue with GCL Securities
Customer Service Compare Alice Blue GCL Securities
24/7 Customer Service Alice Blue vs GCL Securities - 24x7 customer support No No
Email Support Alice Blue vs GCL Securities - Email Support No Yes
Onine Live Chat Alice Blue vs GCL Securities - Onine Live Chat Yes No
Phone Support Alice Blue vs GCL Securities - Phone Support Yes Yes
Toll Free Number Alice Blue vs GCL Securities - Toll Free Number No No
Through Branches Alice Blue vs GCL Securities - Through Branches Yes Yes
Customer Care Number Alice Blue vs GCL Securities - Customer Care Number 08035215000/080-45490850 Info Not Available
Account Opening Process Alice Blue vs GCL Securities - Account Opening Process Online/Paperless Info Not Available
Customer Support Email Alice Blue vs GCL Securities - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Alice Blue vs GCL Securities - Knowledge Center/Education https://tradeschool.aliceblueonline.com/ Info Not Available
Head Office Address Alice Blue vs GCL Securities - Head Office Address/Corporate Address Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore - 560063
Info Not Available
Website Alice Blue vs GCL Securities - Company Website https://www.aliceblueonline.com Info Not Available
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Tips/Research/Reports Published

Compare Alice Blue vs GCL Securities on Research Reports, Tips

Compare Alice Blue with GCL Securities on research reports and tips provided by the broker.

Research Reports - Compare Alice Blue with GCL Securities
  Alice Blue GCL Securities
Research Mutual Funds Alice Blue vs GCL Securities - Research Mutual Funds No Yes
Research Equity Reports Alice Blue vs GCL Securities - Research Equity Reports No No
Research ETF Alice Blue vs GCL Securities - Research ETF No No
Daily Market Report Alice Blue vs GCL Securities - Daily Market Report Yes No
Free Tips Alice Blue vs GCL Securities - Free Tips No No
Quarterly Result Analysis Alice Blue vs GCL Securities - Quarterly Results No No
News Alerts Alice Blue vs GCL Securities - No No
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Demat Account

Compare Alice Blue vs GCL Securities on Demat Account

Compare Alice Blue 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 Alice Blue is ₹400 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 Alice Blue is 0.04% of the value of the transaction 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 Charges - Compare Alice Blue with GCL Securities
  Alice Blue GCL Securities
DP Source CDSL CDSL
DP ID Alice Blue vs GCL Securities - DP ID 83500 No
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹300 pa
Advance Deposit Rs 0
Statutory charges Rs 150 Stamp Charges Nil
Transaction Charges on Debit (Per ISIN) 0.04% of the value of the transaction ₹11
Demat ₹10 per certificate + ₹50 courier charges ₹10 per certificate + ₹30 courier charges
Remat ₹30 per certificate + CDSL charges Actual CDSL charges + ₹30 request charges
Pledge Creation ₹20 + CDSL charges ₹25 per transaction
Pledge Creation Confirmation Nil ₹25 per transaction
Pledge Closure ₹20 + CDSL charges ₹25 per transaction
Pledge Closure Confirmation Nil ₹25 per transaction
Pledge Invocation ₹20 + CDSL charges ₹25 per transaction
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Alice Blue vs GCL Securities on Special Offers and Promotion

Compare Alice Blue with GCL Securities on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Alice Blue vs GCL Securities on Special Offers and Promotion
  Alice Blue GCL Securities
Pay In and Pay Out Options Alice Blue vs GCL Securities - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Alice Blue Mobile, ANT Desk and ANY Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time Alice Blue vs GCL Securities - Payout Time Upto 24 Hrs except Bank Holidays. Info Not Available
Bank Supported and Charges Alice Blue vs GCL Securities - Bank Supported and Charges Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms. Info Not Available
Bank Detail Aliceblue Financial Services,
Account Number:ABFNSEXXXXXXXX
Bank and Branch: HDFC Bank,Sathy Road,Erode
Account Type: Current Account
IFSC Code: HDFC0000232
Info Not Available
Likes
  • Trade on NSE, BSE, and MCX
  • No brokerage on equity, IPO, and mutual funds
  • Zero account opening charges
  • Pay Rs 15/order brokerage
  • Free Inuvest Advisory services and trading insights across segments
  • TradingView charts, lots of technical indicators, stock and F&O screeners.
  • Stock SIP in equity
  • Great technology platforms for trading and investment
  • Free access to ANT API
  • Strong PAN India Presence
  • Dedicated mutual fund investment app
  • TradeSchool (Web and app) a free stock market education platform
  • Place bracket order, cover order, and basket order.
  • Margin Trading facility (MTF)

Detail Review...

Detail Review...

Dislikes
  • No NRI Trading
  • No zero brokerage unlimited trading plan
  • No installable trading terminal
  • Alice blue mutual fund app (Rise) is not available on App store.
  • No GTT Order
  • Sometimes, its platform experienced technical glitches.

Detail Review...

  • Not transparent in brokerage charges and other fees.
  • Trading on BSE is not available on Mobile App.
  • Research available only for mutual fund.

Detail Review...

Special Offers/Promo
Enquiry Open Alice Blue Account Now>> Open Zerodha Account Now>>

Last Updated on 2024-01-12T04:48:54+00:00