The brokerage of Marwadi Group ranges between 0.06% to 0.3% while the brokerage of GCL Securities ranges between .01 to 0.1%. Both the brokers are Full Service brokers. Marwadi Group is having overall higher rating compare to GCL Securities. Marwadi Group is rated 3.5 out of 5 where GCL Securities is rated only 3 out of 5.
Here we present side-by-side comparison of Marwadi Group 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 Marwadi Group 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 Marwadi Group 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 Marwadi Group 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||Full Service Broker||Full Service Broker|
|Exchanges Supported||BSE, NSE, MCX, NCDEX,MCX-SX||NSE,BSE|
|Broker Overview||Marwadi group empowers you with world-renowned research reports, finest trading platform, IPO investment, portfolio management services and so on for successful investment and trading comforts.||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 Marwadi Group 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 - Marwadi Group charges Rs 300 PA AMC for Demat account where GCL Securities charges Rs 400 PA AMC for Demat account.
|Charges||Marwadi Group||GCL Securities|
|Trading Account Opening Fees||Free||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 Marwadi Group 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||Marwadi Group||GCL Securities|
|Marwadi Group||GCL Securities|
|Account Opening Request|
Marwadi Group Brokerage Plan detail - This is a standard plan by Marwadi Group.This is % based brokerage plan.Brokerage is between .06% to .3%, which is 6 paisa to 30 paisa per 100 rs.
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||Marwadi Group||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|
|Hidden Charges||Info Not Available||Info Not Available|
|Funding||Info Not Available||Info Not Available|
|Call & Trade Charges||Info Not Available||Info Not Available|
|Brokerage Calculator||Brokerage Calculator for Marwadi Group||Brokerage Calculator for GCL Securities|
|SPAN Margin Calculator||SPAN Margin Calculator for Marwadi Group||SPAN Margin Calculator for GCL Securities|
Compare Marwadi Group with GCL Securities on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Marwadi Group||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 110 Per Cr||Rs 110 Per Cr|
|Currency Options||Rs 4000 Per Cr||Rs 4000 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 marwadi-group||Complete Brokerage Plans for gclsecurities|
Compare Marwadi Group 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 - Marwadi Group offers Algo Trading where GCL Securities doesn't offers Algo Trading. Margin Funding - Marwadi Group offers a margin funding where GCL Securities doesn't offers margin funding. NRI Trading - GCL Securities offers NRI where Marwadi Group doesn't offers NRI Trading.
|Account Features Compare||Marwadi Group||GCL Securities|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:00 PM|
With our expert research team, we have compared all the major features of Trading platform b/w Marwadi Group 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||Marwadi Group||GCL Securities|
|Desktop Trading Platform||Marwadi ODIN Diet||ODIN|
|Desktop Demo||Info Not Available||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://mtrade.marwadionline.com/html5/||https://www.gclbroking.com|
|Web Trading Demo||Info Not Available||Info Not Available|
|Mobile Trading App||MSFL Connect||GCL On Time|
|Mobile Trading App Demo||Info Not Available||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod MSFL Connect Download||Andriod GCL On Time Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS MSFL Connect Download||iOS GCL On Time Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Info Not Available||Info Not Available|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for Marwadi Group||Equity Intraday and Delivery Brokerage Calculator for GCL Securities|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Marwadi Group||Futures Brokerage Calculator for GCL Securities|
|Options Brokerage Calculator||Options Brokerage Calculator for Marwadi Group||Options Brokerage Calculator for GCL Securities|
|Detail||Detail on Trading Platforms for marwadi-group||Detail on Trading Platforms for gclsecurities|
|Marwadi Group||GCL Securities|
|2 Customer Reviews||1 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||Marwadi Group is Rated 2.5 / 5 based on 2 customer reviews||GCL Securities is Rated 4.0 / 5 based on 1 customer reviews|
Compare Marwadi Group 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||Marwadi Group||GCL Securities|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||Life & General Insurance||Loans|
Order Type - Compare Marwadi Group 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)- Marwadi Group 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||Marwadi Group||GCL Securities|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare Marwadi Group with GCL Securities on Exposure/Margin offered by the broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.
|Margin Product Compare||Marwadi Group||GCL Securities|
|Equity Delivery Margin||Info Not Available||Info Not Available|
|Equity Intraday Margin||Up to 10x or 10% subject to Var and ELM.||Up to 10x or 10% subject to Var and ELM.|
|Futures Margin||1x means actual SPAN + Exposure.||1x means actual SPAN + Exposure.|
|Options Margin||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.|
|Equity CO Margin||Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.||Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.|
|Futures CO Margin||1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.||1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.|
|Options CO Margin||1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.||1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.|
|Commodity Margin||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.|
Compare Marwadi Group 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||Marwadi Group||GCL Securities|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||Info Not Available||Info Not Available|
|Account Opening Process||Info Not Available||Info Not Available|
|Customer Support Email||Info Not Available||Info Not Available|
|Knowledge Center/Education||Info Not Available||Info Not Available|
|Head Office Address||Info Not Available||Info Not Available|
|Website||Info Not Available||Info Not Available|
Compare Marwadi Group with GCL Securities on research reports and tips provided by the broker.
|Marwadi Group||GCL Securities|
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Marwadi Group with GCL Securities on Demat Service and Charges. This section covers about demat charges, demat service and other details
|Marwadi Group||GCL Securities|
|Demat Account Annual Maintenance Charges(AMC)||₹250 pa||₹300 pa|
|Transaction Charges on Debit (Per ISIN)||₹25||₹11|
|Demat||₹3 per certificate||₹10 per certificate + ₹30 courier charges|
|Remat||₹25 per certificate||Actual CDSL charges + ₹30 request charges|
|Pledge Creation||₹50||₹25 per transaction|
|Pledge Creation Confirmation||Nil||₹25 per transaction|
|Pledge Closure||₹20||₹25 per transaction|
|Pledge Closure Confirmation||Nil||₹25 per transaction|
|Pledge Invocation||₹25||₹25 per transaction|
|Failed Instruction Charges||₹15||Nil|
Compare Marwadi Group with GCL Securities on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|Marwadi Group||GCL Securities|
|Pay In and Pay Out Options||Info Not Available||Info Not Available|
|Payout Time||Info Not Available||Info Not Available|
|Bank Supported and Charges||Info Not Available||Info Not Available|
|Bank Detail||Info Not Available||Info Not Available|
Research reports, branch office.
No online support, Plans are not available on website, Major presence in Gujarat only.
|Enquiry||Enquire about Marwadi Group||Enquire about GCL Securities|
Last Updated on 2019-07-08T23:09:32+00:00