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Sushil Finance Vs GCL Securities: Which one is better?

Both the brokers are registered with SEBI. Sushil Finance offers investmenet in Equity, F&O, Currency and Commodities, where GCL Securities offers investment in Equity, F&O and Currency only. The brokerage of Sushil Finance ranges between .01 to .03 while the brokerage of GCL Securities ranges between .01 to 0.1%. Both the brokers are Full Service brokers. Overall rating for both the brokers are also equal with rating 3 out of 5. Number of active customer for GCL Securities is where number of active customer for Sushil Finance is . GCL Securities is serving more customer compare to Sushil Finance.

Here we present side-by-side comparison of Sushil Finance 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 Sushil Finance 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 Sushil Finance 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 Sushil Finance 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 Sushil Finance vs GCL Securities on Service

  Sushil Finance Compare
Sushil Finance
GCL Securities Compare
GCL Securities
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE
Active Clients
Broker Overview Sushil Finance is one of the oldest full-service brokers serving the industry since 1982. A complete range of products & service offerings including NRI trading, free account opening, cutting-edge trading platforms, insightful research, and robus... Know more about Sushil Finance 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 Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Sushil Finance vs GCL Securities on Trading & Demat Account Opening Charges

Comparison of Sushil Finance 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 - Sushil Finance charges Rs 300 PA AMC for Demat account where GCL Securities charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Sushil Finance with GCL Securities
Charges Sushil Finance GCL Securities
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 300 PA Rs 400 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Sushil Finance vs GCL Securities on Plan Options

Plans are the most important feature you look when compare Sushil Finance with GCL Securities. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Sushil Finance with GCL Securities on Plan Options
Plan Types Sushil Finance GCL Securities
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Brokerage Charges

Compare Sushil Finance vs GCL Securities on Brokerage Charges

Sushil Finance Brokerage Plan detail - This is a standard plan by Sushil Finance. This is % based brokerage 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 Sushil Finance with GCL Securities
Brokerage Charges Compare Sushil Finance GCL Securities
Plan Name Basic Trading Plan (Percentage Based) Basic Trading Plan (Percentage Based)
Equity Delivery 0.3% or 30 paisa 0.1% or 10 paisa
Equity Intraday 0.03% or 3 paisa 0.01% or 1 paisa
Equity Futures 0.03% or 3 paisa 0.01% or 1 paisa
Equity Options Rs 50 Per Lot Rs 25 Per Lot
Currency Futures 0.03% or 3 paisa 0.01% or 1 paisa
Currency Options Rs 30 Per Lot Rs 25 Per Lot
Commodity Trading 0.03% or 3 paisa 0.01% or 1 paisa
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available Info Not Available
Funding Info Not Available Info Not Available
Call & Trade Charges NA NA
Auto Square off Charges NA NA
Brokerage Calculator Brokerage Calculator for Sushil Finance Brokerage Calculator for GCL Securities
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Share Broker's Transaction Charges

Compare Sushil Finance vs GCL Securities on Transaction Charges

Compare Sushil Finance with GCL Securities on transaction charges and PCM fee by segment.

Transaction Charges - Compare Sushil Finance with GCL Securities
Transaction Charges Compare Sushil Finance 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 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 310 Per Cr | Agri: Rs 225 Per Cr
Brokerage Charges Complete Brokerage Plans for sushil-finance Complete Brokerage Plans for gclsecurities
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Account Features

Compare Sushil Finance vs GCL Securities on Account Features

Compare Sushil Finance 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 - Sushil Finance offers Algo Trading where GCL Securities doesn't offers Algo Trading. Margin Funding - Sushil Finance offers a margin funding where GCL Securities doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

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

Compare Sushil Finance vs GCL Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Sushil Finance 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 Sushil Finance with GCL Securities
Trading Platform Compare Sushil Finance GCL Securities
Desktop Trading Platform Sushil Finance 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://itrading.sushilfinance.com/html5/ https://www.gclbroking.com
Web Trading Demo Info Not Available Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Sushil Connect GCL On Time
Mobile Trading App Demo Info Not Available Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Sushil Connect Download Andriod GCL On Time Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS Sushil Connect 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 Sushil Finance Equity Intraday and Delivery Brokerage Calculator for GCL Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Sushil Finance Futures Brokerage Calculator for GCL Securities
Options Brokerage Calculator Options Brokerage Calculator for Sushil Finance Options Brokerage Calculator for GCL Securities
Detail Detail on Trading Platforms for sushil-finance Detail on Trading Platforms for gclsecurities

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Broker Ratings by Users

Compare Sushil Finance vs GCL Securities on User Rating

  Sushil Finance GCL Securities
  1 Customer Reviews    Rate Sushil Finance 1 Customer Reviews    Rate GCL Securities
Fees Ratings 4.0 5.0
Trading Brokerage Rating 5.0 5.0
Trading Platform Usability 4.0 4.0
Customer Service Ratings 5.0 4.0
Overall Ratings 4.0 4.0
Broker Rating Sushil Finance is Rated 4.0 / 5 based on 1 customer reviews GCL Securities is Rated 4.0 / 5 based on 1 customer reviews
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Investment Offerings

Compare Sushil Finance vs GCL Securities on Investment Offerings

Compare Sushil Finance 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 Sushil Finance with GCL Securities
Investment Offerings Compare Sushil Finance 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 Yes Yes
ETF Yes Yes
Banking No No
Insurance Yes No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment No No
PMS Service No No
Other Investment Options Insurance Loans
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Order Types

Compare Sushil Finance vs GCL Securities on Order Types

Order Type - Compare Sushil Finance 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) - Both broker don't have Cover Orders (CO).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)- Sushil Finance 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 Sushil Finance with GCL Securities
Order Type Compare Sushil Finance GCL Securities
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order No No
Bracket order No No
AMO-After Market Orders Yes No
GTC-Good Till Cancelled No No
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Customer Service Offered

Compare Sushil Finance vs GCL Securities on Customer Service

Compare Sushil Finance 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 Sushil Finance with GCL Securities
Customer Service Compare Sushil Finance GCL Securities
24/7 Customer Service Sushil Finance vs GCL Securities - 24x7 customer support No No
Email Support Sushil Finance vs GCL Securities - Email Support Yes Yes
Onine Live Chat Sushil Finance vs GCL Securities - Onine Live Chat No No
Phone Support Sushil Finance vs GCL Securities - Phone Support Yes Yes
Toll Free Number Sushil Finance vs GCL Securities - Toll Free Number No No
Through Branches Sushil Finance vs GCL Securities - Through Branches Yes Yes
Customer Care Number Sushil Finance vs GCL Securities - Customer Care Number +91-22-40778083/87/88 Info Not Available
Account Opening Process Sushil Finance vs GCL Securities - Account Opening Process Instant & Paperless Info Not Available
Customer Support Email Sushil Finance vs GCL Securities - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Sushil Finance vs GCL Securities - Knowledge Center/Education https://www.sushilfinance.com/research/fundamental Info Not Available
Head Office Address Sushil Finance vs GCL Securities - Head Office Address/Corporate Address Info Not Available Info Not Available
Website Sushil Finance vs GCL Securities - Company Website https://www.sushilfinance.com/ Info Not Available
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Tips/Research/Reports Published

Compare Sushil Finance vs GCL Securities on Research Reports, Tips

Compare Sushil Finance with GCL Securities on research reports and tips provided by the broker.

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

Compare Sushil Finance vs GCL Securities on Demat Account

Compare Sushil Finance 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 Sushil Finance is ₹400 one time.

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 Sushil Finance is 0.04% of the transaction value (Min ₹15) 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 Sushil Finance with GCL Securities
  Sushil Finance GCL Securities
DP Source CDSL CDSL
DP ID Sushil Finance vs GCL Securities - DP ID No No
Demat Account Annual Maintenance Charges(AMC) ₹400 one time ₹300 pa
Advance Deposit INVESTOR- NIL ECONOMY-NIL CLASSIC-NIL NSEL-NIL PREMIUM-Rs3700 ( on closing of account Rs .3300 will be refunded)
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% of the transaction value (Min ₹15) ₹11
Demat ₹10 per certificate + ₹75 request charges ₹10 per certificate + ₹30 courier charges
Remat ₹35 per request Actual CDSL charges + ₹30 request charges
Pledge Creation ₹35 ₹25 per transaction
Pledge Creation Confirmation Nil ₹25 per transaction
Pledge Closure ₹35 ₹25 per transaction
Pledge Closure Confirmation Nil ₹25 per transaction
Pledge Invocation Nil ₹25 per transaction
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Sushil Finance vs GCL Securities on Special Offers and Promotion

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

Compare Sushil Finance vs GCL Securities on Special Offers and Promotion
  Sushil Finance GCL Securities
Pay In and Pay Out Options Sushil Finance vs GCL Securities - Pay In and Pay Out Options Info Not Available Info Not Available
Payout Time Sushil Finance vs GCL Securities - Payout Time Info Not Available Info Not Available
Bank Supported and Charges Sushil Finance vs GCL Securities - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Info Not Available Info Not Available
Likes
  • Trade on BSE, NSE, and MCX.
  • Trusted broker since 1982.
  • No account opening charges.
  • Web, app, and desktop-based trading platforms.
  • Equity research and recommendations.
  • Free call & trade.
  • Margin trading facility (MTF) and Loan against securities (LAS).
  • Robust offline presence with 375+ channel partners all over the country.

Detail Review...

Detail Review...

Dislikes
  • High brokerage fee on trading.
  • Average-rated trading platforms.
  • Poor customer support.

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
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Last Updated on 2023-08-21T03:44:10+00:00