Compare 3 Brokers

Marwadi Group Vs GCL Securities: Which one is better?

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

  • 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 Marwadi Group vs GCL Securities on Service

  Marwadi Group Compare
Marwadi Group
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,MCX-SX NSE,BSE
Active Clients 1,11,764
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...Know more about GCL Securities
Broker Enquiry Open an Online Trading Account with Marwadi Group. Leave your contact info and we will get in touch with you. Open an Online Trading Account with GCL Securities. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare Marwadi Group vs GCL Securities on Trading & Demat Account Opening Charges

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.

Trading & Demat Account Opening Charges - Compare Marwadi Group with GCL Securities
Charges Marwadi Group 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 Marwadi Group vs GCL Securities on Plan Options

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.

Compare Marwadi Group with GCL Securities on Plan Options
Plan Types Marwadi Group GCL Securities
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Marwadi Group GCL Securities
Account Opening Request
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Brokerage Charges

Compare Marwadi Group vs GCL Securities on Brokerage Charges

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 with GCL Securities
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
Minimum Brokerage NIL NIL
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
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Share Broker's Transaction Charges

Compare Marwadi Group vs GCL Securities on Transaction Charges

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

Transaction Charges - Compare Marwadi Group with GCL Securities
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
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Account Features

Compare Marwadi Group vs GCL Securities on Account Features

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 - Marwadi Group with GCL Securities
Account Features Compare Marwadi Group GCL Securities
3 in 1 Account No Marwadi Group have 2-in-1 account. Only Demate and Trading account. No Marwadi Group 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 No No
Intraday Square-off Time 3:15PM 3:00 PM
NRI Trading No Yes
Other Features NIL NIL
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Trading Platform

Compare Marwadi Group vs GCL Securities on Trading Platform

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 with GCL Securities
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) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://mtrade.marwadionline.com/html5/ https://www.gclbroking.com
Web Trading Demo Info Not Available Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App MSFL Connect GCL On Time
Mobile Trading App Demo Info Not Available Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod MSFL Connect Download Andriod GCL On Time Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS MSFL Connect Download iOS GCL On Time Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
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
Zerodha Online Branch Offices
Upstox Online Branch Offices
5paisa Online Branch Offices
Angel Broking Online Branch Offices

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Broker Ratings by Users

Compare Marwadi Group vs GCL Securities on User Rating

  Marwadi Group GCL Securities
  2 Customer Reviews    Rate Marwadi Group 1 Customer Reviews    Rate GCL Securities
Fees Ratings 2.0 5.0
Trading Brokerage Rating 2.0 5.0
Trading Platform Usability 2.0 4.0
Customer Service Ratings 1.5 4.0
Overall Ratings Rated 2.5 stars Rated 4.0 stars
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
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Investment Offerings

Compare Marwadi Group vs GCL Securities on Investment Offerings

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 with GCL Securities
Investment Offerings Compare Marwadi Group 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 Life & General Insurance Loans
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Order Types

Compare Marwadi Group vs GCL Securities on Order Types

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 Types - Compare Marwadi Group with GCL Securities
Order Type Compare Marwadi Group 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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Margin/Leverage

Compare Marwadi Group vs GCL Securities on Margin/Leverage

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.

Exposure/margin - Compare Marwadi Group with GCL Securities
Margin Product Compare Marwadi Group GCL Securities
Equity Delivery Margin Marwadi Group vs GCL Securities - Equity Delivery Margin Info Not Available Info Not Available
Equity Intraday Margin Marwadi Group vs GCL Securities - 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 Marwadi Group vs GCL Securities - Futures Margin 1x means actual SPAN + Exposure. 1x means actual SPAN + Exposure.
Options Margin Marwadi Group vs GCL Securities - 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 Marwadi Group vs GCL Securities - 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 Marwadi Group vs GCL Securities - 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 Marwadi Group vs GCL Securities - 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 Marwadi Group vs GCL Securities - 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.
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Customer Service Offered

Compare Marwadi Group vs GCL Securities on Customer Service

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 Support - Compare Marwadi Group with GCL Securities
Customer Service Compare Marwadi Group GCL Securities
24/7 Customer Service Marwadi Group vs GCL Securities - 24x7 customer support No No
Email Support Marwadi Group vs GCL Securities - Email Support Yes Yes
Onine Live Chat Marwadi Group vs GCL Securities - Onine Live Chat No No
Phone Support Marwadi Group vs GCL Securities - Phone Support Yes Yes
Toll Free Number Marwadi Group vs GCL Securities - Toll Free Number No No
Through Branches Marwadi Group vs GCL Securities - Through Branches Yes Yes
Customer Care Number Marwadi Group vs GCL Securities - Customer Care Number Info Not Available Info Not Available
Account Opening Process Marwadi Group vs GCL Securities - Account Opening Process Info Not Available Info Not Available
Customer Support Email Marwadi Group vs GCL Securities - Customer Support Email Info Not Available Info Not Available
Knowledge Center/Education Marwadi Group vs GCL Securities - Knowledge Center/Education Info Not Available Info Not Available
Head Office Address Marwadi Group vs GCL Securities - Head Office Address/Corporate Address Info Not Available Info Not Available
Website Marwadi Group vs GCL Securities - Company Website Info Not Available Info Not Available
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Tips/Research/Reports Published

Compare Marwadi Group vs GCL Securities on Research Reports, Tips

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

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

Compare Marwadi Group vs GCL Securities on Demat Account

Compare Marwadi Group with GCL Securities on Demat Service and Charges. This section covers about demat charges, demat service and other details

Demat Charges - Compare Marwadi Group with GCL Securities
  Marwadi Group GCL Securities
DP Source CDSL CDSL
DP ID Marwadi Group vs GCL Securities - DP ID No No
Demat Account Annual Maintenance Charges(AMC) ₹250 pa ₹300 pa
Advance Deposit NA-NA-NA-NA-NA-NA-NA-2250#-3600#-NA-NA-NA-2250#-2250#-NA-NA
Statutory charges Nil Nil
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
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Marwadi Group vs GCL Securities on Special Offers and Promotion

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

Compare Marwadi Group vs GCL Securities on Special Offers and Promotion
  Marwadi Group GCL Securities
Pay In and Pay Out Options Marwadi Group vs GCL Securities - Pay In and Pay Out Options Info Not Available Info Not Available
Payout Time Marwadi Group vs GCL Securities - Payout Time Info Not Available Info Not Available
Bank Supported and Charges Marwadi Group vs GCL Securities - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Info Not Available Info Not Available
Likes

Research reports, branch office.

Detail Review...

  • Free call and trade facility.
  • Own DP service.
  • Dedicated team of Relationship Managers and Dealers.
  • End to end solutions for commodity trading.

Detail Review...

Dislikes

No online support, Plans are not available on website, Major presence in Gujarat only.

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 Enquire about Marwadi Group Enquire about GCL Securities

Last Updated on 2019-07-08T23:09:32+00:00


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