FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

Dhan Vs GCL Securities: Which one is better?

Both the brokers are registered with SEBI. Dhan offers investmenet in Equity, F&O, Currency and Commodities, where GCL Securities offers investment in Equity, F&O and Currency only. The brokerage of Dhan Max Rs 20 per trade while the brokerage of GCL Securities ranges between .01 to 0.1%. Dhan is a Discount Broker where GCL Securities is a Full Service Broker. Overall rating for both the brokers are equal with rating 3 out of 5. Number of active customer for Dhan is 4,34,798 where number of active customer for GCL Securities is . Dhan is serving more customer compare to GCL Securities.

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

  Dhan Compare
Dhan
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 NSE, BSE
Active Clients 4,34,798
Broker Overview Open a free Dhan Demat and trading account and start trading at just Rs 20 brokerage on the lightning and superfast Dhan App, web, and Options Trader platform. It is the first broker to provide a dedicated options trading platform and allow Direct tr... Know more about Dhan 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
Expand

Account Opening Charges and AMC

Compare Dhan vs GCL Securities on Trading & Demat Account Opening Charges

Comparison of Dhan 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 - Dhan offer Free AMC for Demat account where GCL Securities charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Dhan with GCL Securities
Charges Dhan GCL Securities
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Free Rs 400 PA
Provide DP Service Yes Yes
Expand

About Brokerage Plans

Compare Dhan vs GCL Securities on Plan Options

Plans are the most important feature you look when compare Dhan 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 Dhan with GCL Securities on Plan Options
Plan Types Dhan GCL Securities
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
Expand

Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
Expand

Brokerage Charges

Compare Dhan vs GCL Securities on Brokerage Charges

Dhan Brokerage Plan detail - Dhan has a fixed Rs 20 brokerage plan that charges you a maximum of Rs 20 per order brokerage fee on trading in equity, derivatives, commodity, and currency. However, it provides free equity delivery at zero charges.

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 Dhan with GCL Securities
Brokerage Charges Compare Dhan GCL Securities
Plan Name Dhan Brokerage Plan Basic Trading Plan (Percentage Based)
Equity Delivery Free 0.1% or 10 paisa
Equity Intraday 0.03% or Rs 20 whichever is lower 0.01% or 1 paisa
Equity Futures 0.03% or Rs 20 whichever is lower 0.01% or 1 paisa
Equity Options Flat Fee Rs 20 Rs 25 Per Lot
Currency Futures 0.03% or Rs 20 whichever is lower 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
Minimum Brokerage No NIL
Hidden Charges No Info Not Available
Funding Info Not Available Info Not Available
Call & Trade Charges Rs 50 per order + GST NA
Auto Square off Charges Rs 20 per order + GST NA
Brokerage Calculator Brokerage Calculator for Dhan Brokerage Calculator for GCL Securities
Expand

Share Broker's Transaction Charges

Compare Dhan vs GCL Securities on Transaction Charges

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

Transaction Charges - Compare Dhan with GCL Securities
Transaction Charges Compare Dhan 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 dhan Complete Brokerage Plans for gclsecurities
Expand

Account Features

Compare Dhan vs GCL Securities on Account Features

Compare Dhan 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 - Dhan offers Algo Trading where GCL Securities doesn't offers Algo Trading. Margin Funding - Dhan offers a margin funding where GCL Securities doesn't offers margin funding. NRI Trading - GCL Securities offers NRI where Dhan doesn't offers NRI Trading.

Account Features - Dhan with GCL Securities
Account Features Compare Dhan GCL Securities
3 in 1 Account No Dhan have 2-in-1 account. Only Demate and Trading account. No Dhan have 2-in-1 account. Only Demate and Trading account.
Charting Yes No
Algo Trading Yes No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:20 PM 3:00 PM
NRI Trading No Yes
Other Features NIL NIL
Expand

Trading Platform

Compare Dhan vs GCL Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Dhan 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 Dhan with GCL Securities
Trading Platform Compare Dhan GCL Securities
Desktop Trading Platform Dhan App, Web, Options Trader ODIN
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) No Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://web.dhan.co/ https://www.gclbroking.com
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Dhan App GCL On Time
Mobile Trading App Demo Dhan App Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Dhan App Download Andriod GCL On Time Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS Dhan App 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 Dhan Equity Intraday and Delivery Brokerage Calculator for GCL Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Dhan Futures Brokerage Calculator for GCL Securities
Options Brokerage Calculator Options Brokerage Calculator for Dhan Options Brokerage Calculator for GCL Securities
Detail Detail on Trading Platforms for dhan Detail on Trading Platforms for gclsecurities

Expand

Broker Ratings by Users

Compare Dhan vs GCL Securities on User Rating

  Dhan GCL Securities
  12 Customer Reviews    Rate Dhan 1 Customer Reviews    Rate GCL Securities
Fees Ratings 2.8 5.0
Trading Brokerage Rating 3.6 5.0
Trading Platform Usability 3.2 4.0
Customer Service Ratings 2.8 4.0
Overall Ratings 3.3 4.0
Broker Rating Dhan is Rated 3.3 / 5 based on 12 customer reviews GCL Securities is Rated 4.0 / 5 based on 1 customer reviews
Expand

Investment Offerings

Compare Dhan vs GCL Securities on Investment Offerings

Compare Dhan 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 - GCL Securities offers online mutual fund investment option where Dhan doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

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

Order Types

Compare Dhan vs GCL Securities on Order Types

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

Order Types - Compare Dhan with GCL Securities
Order Type Compare Dhan 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 Yes No
Expand

Customer Service Offered

Compare Dhan vs GCL Securities on Customer Service

Compare Dhan 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 Dhan with GCL Securities
Customer Service Compare Dhan GCL Securities
24/7 Customer Service Dhan vs GCL Securities - 24x7 customer support No No
Email Support Dhan vs GCL Securities - Email Support Yes Yes
Onine Live Chat Dhan vs GCL Securities - Onine Live Chat Yes No
Phone Support Dhan vs GCL Securities - Phone Support Yes Yes
Toll Free Number Dhan vs GCL Securities - Toll Free Number No No
Through Branches Dhan vs GCL Securities - Through Branches No Yes
Customer Care Number Dhan vs GCL Securities - Customer Care Number 022-48906273 Info Not Available
Account Opening Process Dhan vs GCL Securities - Account Opening Process Zero Info Not Available
Customer Support Email Dhan vs GCL Securities - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Dhan vs GCL Securities - Knowledge Center/Education https://knowledge.dhan.co/support/home Info Not Available
Head Office Address Dhan vs GCL Securities - Head Office Address/Corporate Address
302, Western Edge l,
Off Western Express Highway,
Borivali East, Mumbai - 400066,
Maharashtra, India.
Info Not Available
Website Dhan vs GCL Securities - Company Website https://dhan.co/ Info Not Available
Expand

Tips/Research/Reports Published

Compare Dhan vs GCL Securities on Research Reports, Tips

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

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

Demat Account

Compare Dhan vs GCL Securities on Demat Account

Compare Dhan 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 Dhan is Zero.

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 Dhan is ₹12.5 per 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 Dhan with GCL Securities
  Dhan GCL Securities
DP Source CDSL CDSL
DP ID Dhan vs GCL Securities - DP ID 289-2016 No
Demat Account Annual Maintenance Charges(AMC) Zero ₹300 pa
Advance Deposit Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12.5 per transaction ₹11
Demat ₹250 per certificate + courier charges ₹10 per certificate + ₹30 courier charges
Remat ₹250 per certificate + courier charges Actual CDSL charges + ₹30 request charges
Pledge Creation ₹12.5 per transaction ₹25 per transaction
Pledge Creation Confirmation Nil ₹25 per transaction
Pledge Closure ₹12.5 per transaction ₹25 per transaction
Pledge Closure Confirmation Nil ₹25 per transaction
Pledge Invocation ₹12.5 per transaction ₹25 per transaction
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
Expand

Special Offers,Advantages,Disadvantages

Compare Dhan vs GCL Securities on Special Offers and Promotion

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

Compare Dhan vs GCL Securities on Special Offers and Promotion
  Dhan GCL Securities
Pay In and Pay Out Options Dhan vs GCL Securities - Pay In and Pay Out Options UPI, Net banking, and Smart Fund Transfer using NEFT, RTGS, and IMPS Info Not Available
Payout Time Dhan vs GCL Securities - Payout Time Fast withdrawal with IMPS, NEFT Withdrawal Info Not Available
Bank Supported and Charges Dhan vs GCL Securities - Bank Supported and Charges Info Not Available
Bank Detail Info Not Available
Likes
  • No account opening fees.
  • No brokerage fees for investing in stocks, IPO, and ETF.
  • Rs 20 competitive brokerage plan.
  • TradingView charting platform.
  • Lightning, fast, and user-friendly Dhan app and web platform.
  • Powerful options trader app and web platform for F&O traders.
  • Instant withdrawal of funds to your bank account in just a few minutes.
  • Margin trading facility.
  • Start daily, weekly and monthly SIP in stocks and ETFs.
  • After-market order (AMO), Basket order, Bracket order (BO), Cover order (CO) and Forever order.
  • 50% brokerage discount to women traders and investors.

Detail Review...

Detail Review...

Dislikes
  • You cannot invest in mutual funds and sovereign gold bonds.
  • No installable trading terminal.
  • High fees for call & trade services.
  • Does not offer stock market trading tips, equity research & advisory.
  • You cannot open a 3-in-1 account in Dhan.
  • NRIs cannot open Dhan trading and demat accounts.

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 Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-09-14T03:51:34+00:00