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Both the brokers are registered with SEBI. Indira Securities offers investmenet in Equity, F&O, Currency and Commodities, where GCL Securities offers investment in Equity, F&O and Currency only. The brokerage of Indira Securities ranges between 0.01% to 0.10% while the brokerage of GCL Securities ranges between .01 to 0.1%. Both the brokers are Full Service brokers. Indira Securities is having overall higher rating compare to GCL Securities. Indira Securities is rated 4 out of 5 where GCL Securities is rated only 3 out of 5. Number of active customer for Indira Securities is 8,801 where number of active customer for GCL Securities is . Indira Securities is serving more customer compare to GCL Securities.
Here we present side-by-side comparison of Indira Securities 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 Indira Securities 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 Indira Securities 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 Indira Securities 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.
 Indira Securities |
 GCL Securities |
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|---|---|---|
| Overall Rating | ||
| Brokerage Charges | ||
| Trading Platform | ||
| Investments Offering | ||
| Customer Service | ||
Broker Type
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Full Service Broker | Full Service Broker |
| Exchanges Supported
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NSE, BSE, MCX | NSE, BSE |
| Active Clients | 8,801 | |
| Broker Overview | Open a free Indira Securities account and trade Faster and Smarter with Trade Insta Mobile app and Trader Terminal platform. Algo trading, free research calls & trading tips, portfolio management services, and mutual fund robotic advisory are the...  |
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... |
| Broker Enquiry |
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Comparison of Indira Securities 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.
| Charges | Indira Securities | 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 |  |
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Plans are the most important feature you look when compare Indira Securities 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.
| Plan Types | Indira Securities | GCL Securities |
|---|---|---|
| Multiple Plans |  |
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| Monthly Plans | |
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| Yearly Plans | |
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| Zerodha | Zerodha | |
|---|---|---|
| Account Opening Request |
Indira Securities Brokerage Plan detail - Indira Trade offers a fixed % based brokerage plan to customers.
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 | Indira Securities | GCL Securities |
|---|---|---|
| Plan Name | Traditional Brokerage Plan | Basic Trading Plan (Percentage Based) |
| Equity Delivery | 0.10% | 0.1% or 10 paisa |
| Equity Intraday | 0.01% | 0.01% or 1 paisa |
| Equity Futures | 0.01% | 0.01% or 1 paisa |
| Equity Options | Rs. 25 per lot (both side) | Rs 25 Per Lot |
| Currency Futures | Flat Fee Rs 20 | 0.01% or 1 paisa |
| Currency Options | Futures: 0.01%|Options: Rs. 25 per lot (both side) | Rs 25 Per Lot |
| Commodity Trading | Futures: 0.01%|Options: Rs. 25 per lot (both side) | 0.01% or 1 paisa |
| Minimum Brokerage | NA | NIL |
| Hidden Charges | Info Not Available | Info Not Available |
| Funding | Yes - 18% interest PA | Info Not Available |
| Call & Trade Charges | Free | NA |
| Auto Square off Charges | Free | NA |
| Brokerage Calculator | Brokerage Calculator for Indira Securities | Brokerage Calculator for GCL Securities |
Compare Indira Securities with GCL Securities on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Indira Securities | 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| Agri Rs 600 Per Cr | Non-Agri: Rs 310 Per Cr | Agri: Rs 225 Per Cr |
| Brokerage Charges | Complete Brokerage Plans for indira-securities | Complete Brokerage Plans for gclsecurities |
Compare Indira Securities 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 - Indira Securities offers Algo Trading where GCL Securities doesn't offers Algo Trading. Margin Funding - Indira Securities offers a margin funding where GCL Securities doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.
| Account Features Compare | Indira Securities | GCL Securities |
|---|---|---|
| 3 in 1 Account | |
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| Charting | |
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| Algo Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding Available | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15 PM | 3:00 PM |
| NRI Trading | |
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| Other Features | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Indira Securities 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 | Indira Securities | GCL Securities |
|---|---|---|
| Desktop Trading Platform | ODIN Diet | ODIN |
| Desktop Demo | Desktop Demo | Info Not Available |
| Desktop Platform (Windows) | |
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| Desktop Platform (Mac) | |
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| Web Trading Platform | |
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| Web Trading Detail | https://www.indiratrade.com/trade-online | https://www.gclbroking.com |
| Web Trading Demo | Web Trading Demo | Info Not Available |
| Mobile Site | |
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| Mobile Trading | |
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| Mobile Trading App | TradeInsta | GCL On Time |
| Mobile Trading App Demo | TradeInsta Demo | Info Not Available |
| Android Mobile App | |
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| Android App Download | Andriod TradeInsta Download | Andriod GCL On Time Download |
| iPhone Mobile App (IOS) | |
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| iOS App Download | iOS TradeInsta Download | iOS GCL On Time Download |
| Android Tablet App | |
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| iPad App (IOS) | |
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| Trading Software Charges | Free | Info Not Available |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Indira Securities | Equity Intraday and Delivery Brokerage Calculator for GCL Securities |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Indira Securities | Futures Brokerage Calculator for GCL Securities |
| Options Brokerage Calculator | Options Brokerage Calculator for Indira Securities | Options Brokerage Calculator for GCL Securities |
| Detail | Detail on Trading Platforms for indira-securities | Detail on Trading Platforms for gclsecurities |
| Indira Securities | GCL Securities | |
|---|---|---|
1 Customer Reviews
 |
1 Customer Reviews
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| Fees Ratings | 2.0 | 5.0 |
| Trading Brokerage Rating | 4.0 | 5.0 |
| Trading Platform Usability | 2.0 | 4.0 |
| Customer Service Ratings | 2.0 | 4.0 |
| Overall Ratings | 3.0 | 4.0 |
| Broker Rating | Indira Securities is Rated 3.0 / 5 based on 1 customer reviews | GCL Securities is Rated 4.0 / 5 based on 1 customer reviews |
Compare Indira Securities 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 | Indira Securities | GCL Securities |
|---|---|---|
| Equity Cash and F&O | |
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| Currency Deravitives | |
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| Commodity | |
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| Online IPO Application | |
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| Mutual Funds | |
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| Bond / NCD | |
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| ETF | |
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| Banking | |
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| Insurance | |
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| Forex | |
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| MF SIP Investment | |
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| Equity SIP Investment | |
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| PMS Service | |
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| Other Investment Options | NIL | Loans |
Order Type - Compare Indira Securities 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) - Indira Securities 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) - Indira Securities 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)- Indira Securities offers After Market Orders where GCL Securities doesn't offers AMO. GTC Orders- Indira Securities offers Good Till Cancelled (GTC) orders where GCL Securities doesn't support Good Till Cancelled (GTC) orders.
| Order Type Compare | Indira Securities | GCL Securities |
|---|---|---|
| CNC order | |
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| MIS order | |
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| NRML order | |
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| Cover order | |
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| Bracket order | |
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| AMO-After Market Orders | |
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| GTC-Good Till Cancelled | |
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Compare Indira Securities 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 | Indira Securities | GCL Securities |
|---|---|---|
| 24/7 Customer Service
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| Email Support
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| Onine Live Chat
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| Phone Support
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| Toll Free Number
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| Through Branches
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| Customer Care Number
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+91-(0)731-4797105/115/146 | Info Not Available |
| Account Opening Process
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Online/Paperless | Info Not Available |
| Customer Support Email
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[email protected] | Info Not Available |
| Knowledge Center/Education
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https://www.indiratrade.com/blog | Info Not Available |
| Head Office Address
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Info Not Available |
| Website
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https://www.indiratrade.com/ | Info Not Available |
Compare Indira Securities with GCL Securities on research reports and tips provided by the broker.
| Indira Securities | GCL Securities | |
|---|---|---|
| Research Mutual Funds
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| Research Equity Reports
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| Research ETF
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| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Compare Indira Securities 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 Indira Securities is ₹450 pa (Second year onwards).
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 Indira Securities is ₹20 or 0.02% whichever is higher 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
| Indira Securities | GCL Securities | |
|---|---|---|
| DP Source | CDSL | CDSL |
| DP ID
|
752000 | No |
| Demat Account Annual Maintenance Charges(AMC) | ₹450 pa (Second year onwards) | ₹300 pa |
| Advance Deposit | Nil | |
| Statutory charges | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | ₹20 or 0.02% whichever is higher | ₹11 |
| Demat | ₹5 per certificate + ₹35 courier charges | ₹10 per certificate + ₹30 courier charges |
| Remat | ₹50 per RRN | Actual CDSL charges + ₹30 request charges |
| Pledge Creation | ₹50 | ₹25 per transaction |
| Pledge Creation Confirmation | Nil | ₹25 per transaction |
| Pledge Closure | ₹50 | ₹25 per transaction |
| Pledge Closure Confirmation | Nil | ₹25 per transaction |
| Pledge Invocation | ₹50 or 0.02% whichever is higher | ₹25 per transaction |
| Failed Instruction Charges | ₹25 | Nil |
| Other Charges | Book Charges ₹20,POA Charges ₹130 | Nil |
Compare Indira Securities with GCL Securities on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
| Indira Securities | GCL Securities | |
|---|---|---|
| Pay In and Pay Out Options
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Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from TradeInsta. Pay-out/Fund Withdrawal - Bank Transfer only |
Info Not Available |
| Payout Time
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Max 24 hrs except bank holidays |
Info Not Available |
| Bank Supported and Charges
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Around 25 banks allow instant credit facility with charges of Rs 9 from IndiraTrade trading platform (TradeInsta). |
Info Not Available |
| Bank Detail | HDFC Bank
Account#00360340002251 Branch: U.V.HOUSE SOUTH TUKOGANJ, INDORE, MP IFSC Code:HDFC0000036 |
Info Not Available |
| Likes |
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| Special Offers/Promo | Open a Free demat and Trading Account with Indira Securities and Trade at a Flat Fee Rs 20 Per Order. | |
| Enquiry | Open Zerodha Account Now>> | Open Zerodha Account Now>> |
Last Updated on 2023-09-14T06:48:55+00:00
