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

ProStocks Vs GCL Securities: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O and Currency. The brokerage of ProStocks Max Rs 15 per trade while the brokerage of GCL Securities ranges between .01 to 0.1%. ProStocks is a Discount Broker where GCL Securities is a Full Service Broker. ProStocks is having overall higher rating compare to GCL Securities. ProStocks is rated 4 out of 5 where GCL Securities is rated only 3 out of 5. Number of active customer for ProStocks is 6,589 where number of active customer for GCL Securities is . ProStocks is serving more customer compare to GCL Securities.

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

  ProStocks Compare
ProStocks
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? NSE, BSE NSE, BSE
Active Clients 6,589
Broker Overview Best discount broker for high-volume active traders as well as everyday investors. Zero brokerage monthly trading plans at just Rs. 899 (equity and equity derivatives), Rs. 499 (currency trading), and ultra-fast ProStocks Desktop terminal makes it an... Know more about ProStocks 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 ProStocks Request call back from Zerodha
Expand

Account Opening Charges and AMC

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

Comparison of ProStocks 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 - ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account where GCL Securities charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare ProStocks with GCL Securities
Charges ProStocks GCL Securities
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 0 (Rs 1000 Refundable Deposit) Rs 400 PA
Provide DP Service Yes Yes
Expand

About Brokerage Plans

Compare ProStocks vs GCL Securities on Plan Options

Plans are the most important feature you look when compare ProStocks with GCL Securities. This section compare on high level about type of plans offered by brokers. Multiple Plans - ProStocks provide Multiple Plans where GCL Securities doesn't offer. Monthly Plans - ProStocks provide Monthly Plans where GCL Securities doesn't offer

Compare ProStocks with GCL Securities on Plan Options
Plan Types ProStocks GCL Securities
Multiple Plans Yes No
Monthly Plans Yes No
Yearly Plans Yes No
Expand

Account Opening Request

Account Opening

  ProStocks Zerodha
Account Opening Request
Expand

Brokerage Charges

Compare ProStocks vs GCL Securities on Brokerage Charges

ProStocks Brokerage Plan detail - Free Delivery Trading, Rs 15, per trade-in any other segment, fix price, no worries of volume and size of a trade. NO PCM FEE.

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 ProStocks with GCL Securities
Brokerage Charges Compare ProStocks GCL Securities
Plan Name Flat Fee Rs 15 Trading Plan Basic Trading Plan (Percentage Based)
Equity Delivery Free 0.1% or 10 paisa
Equity Intraday Flat Fee Rs 15 0.01% or 1 paisa
Equity Futures Flat Fee Rs 15 0.01% or 1 paisa
Equity Options Flat Fee Rs 15 Rs 25 Per Lot
Currency Futures Flat Fee Rs 15 0.01% or 1 paisa
Currency Options Flat Fee Rs 15 Rs 25 Per Lot
Commodity Trading NA 0.01% or 1 paisa
Minimum Brokerage NA NIL
Hidden Charges No Info Not Available
Funding No Info Not Available
Call & Trade Charges Delivery Rs 25, Intraday and F&O Rs 10 per executed order NA
Auto Square off Charges Delivery Rs 25, Intraday and F&O Rs 10 per executed order NA
Brokerage Calculator Brokerage Calculator for ProStocks Brokerage Calculator for GCL Securities
Expand

Share Broker's Transaction Charges

Compare ProStocks vs GCL Securities on Transaction Charges

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

Transaction Charges - Compare ProStocks with GCL Securities
Transaction Charges Compare ProStocks 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 prostocks Complete Brokerage Plans for gclsecurities
Expand

Account Features

Compare ProStocks vs GCL Securities on Account Features

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

Account Features - ProStocks with GCL Securities
Account Features Compare ProStocks GCL Securities
3 in 1 Account No ProStocks have 2-in-1 account. Only Demate and Trading account. No ProStocks 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 No Yes
Margin Trading Funding Available No No
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:15PM 3:00 PM
NRI Trading Yes Yes
Other Features NIL NIL
Expand

Trading Platform

Compare ProStocks vs GCL Securities on Trading Platform

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

Expand

Broker Ratings by Users

Compare ProStocks vs GCL Securities on User Rating

  ProStocks GCL Securities
  4 Customer Reviews    Rate ProStocks 1 Customer Reviews    Rate GCL Securities
Fees Ratings 4.5 5.0
Trading Brokerage Rating 4.5 5.0
Trading Platform Usability 4.5 4.0
Customer Service Ratings 4.0 4.0
Overall Ratings 4.5 4.0
Broker Rating ProStocks is Rated 4.5 / 5 based on 4 customer reviews GCL Securities is Rated 4.0 / 5 based on 1 customer reviews
Expand

Investment Offerings

Compare ProStocks vs GCL Securities on Investment Offerings

Compare ProStocks 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 - GCL Securities offers trading options in Commodity (MCX) where ProStocks doesn't offer. Online Mutual Fund Investment - GCL Securities offers online mutual fund investment option where ProStocks doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare ProStocks with GCL Securities
Investment Offerings Compare ProStocks GCL Securities
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity No Yes
Online IPO Application No 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 No No
PMS Service No No
Other Investment Options NIL Loans
Expand

Order Types

Compare ProStocks vs GCL Securities on Order Types

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

Order Types - Compare ProStocks with GCL Securities
Order Type Compare ProStocks 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 ProStocks vs GCL Securities on Customer Service

Compare ProStocks 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 ProStocks with GCL Securities
Customer Service Compare ProStocks GCL Securities
24/7 Customer Service ProStocks vs GCL Securities - 24x7 customer support No No
Email Support ProStocks vs GCL Securities - Email Support Yes Yes
Onine Live Chat ProStocks vs GCL Securities - Onine Live Chat No No
Phone Support ProStocks vs GCL Securities - Phone Support Yes Yes
Toll Free Number ProStocks vs GCL Securities - Toll Free Number No No
Through Branches ProStocks vs GCL Securities - Through Branches No Yes
Customer Care Number ProStocks vs GCL Securities - Customer Care Number +91-2262-434343 Info Not Available
Account Opening Process ProStocks vs GCL Securities - Account Opening Process Online/Paperless Info Not Available
Customer Support Email ProStocks vs GCL Securities - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education ProStocks vs GCL Securities - Knowledge Center/Education https://www.prostocks.com/faq.html Info Not Available
Head Office Address ProStocks vs GCL Securities - Head Office Address/Corporate Address Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Info Not Available
Website ProStocks vs GCL Securities - Company Website https://www.prostocks.com Info Not Available
Expand

Tips/Research/Reports Published

Compare ProStocks vs GCL Securities on Research Reports, Tips

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

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

Demat Account

Compare ProStocks vs GCL Securities on Demat Account

Compare ProStocks 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 ProStocks is Free (₹1000 Refundable Deposit) where for GCL Securities is ₹300 pa. ProStocks is a better choice in terms of Demat AMC compare to GCL Securities.

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 ProStocks is ₹20 per ISIN 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 ProStocks with GCL Securities
  ProStocks GCL Securities
DP Source CDSL CDSL
DP ID ProStocks vs GCL Securities - DP ID 83200 No
Demat Account Annual Maintenance Charges(AMC) Free (₹1000 Refundable Deposit) ₹300 pa
Advance Deposit 1000/- Refundable Deposit against charges
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹20 per ISIN ₹11
Demat ₹50 per set up + ₹50 courier charges ₹10 per certificate + ₹30 courier charges
Remat ₹50 per set up + ₹50 courier charges 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 ₹25 per transaction
Failed Instruction Charges ₹50 per transaction Nil
Other Charges Nil Nil
Expand

Special Offers,Advantages,Disadvantages

Compare ProStocks vs GCL Securities on Special Offers and Promotion

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

Compare ProStocks vs GCL Securities on Special Offers and Promotion
  ProStocks GCL Securities
Pay In and Pay Out Options ProStocks vs GCL Securities - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Prostocks Mobile, Prostocks Desktop and Prostocks Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time ProStocks vs GCL Securities - Payout Time Upto 24 Hrs except Bank Holidays. Info Not Available
Bank Supported and Charges ProStocks vs GCL Securities - Bank Supported and Charges Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms. Info Not Available
Bank Detail SUNLIGHT BROKING LLP,
Account Number:00600340080912
Bank and Branch: HDFC BANK, FORT
Account Type: Current Account
IFSC Code: HDFC0000060
Info Not Available
Likes
  • Lifetime Zero AMC Demat Account and free delivery trading.
  • Cheapest online trading services at 15 per order brokerage plan.
  • Place an unlimited number of trades by subscribing to ProStocks monthly trading plan.
  • Trade on Free trading platforms; mobile app, website, and desktop trading software.
  • Different types of ProStocks Star API; Trading API, Websocket API, Publisher API, Historical API.
  • FoxTrader, is an ultra-modern windows-based automated trading platform.
  • Cheapest intraday call & trade service at just Rs. 10 per trade.
  • Get referral benefits with Prostocks Referral plan.
  • Secure & hassle-free fund transfer via 30+ supported banks.
  • Free instant fund transfer via UPI.
  • Advanced orders like Cover order, Bracket order, basket order, and after-market order.
  • Place Good Till Triggered (GTT) order.
  • Use online tools like brokerage calculator and margin calculator.
  • No PCM fee.
  • No proprietary trading.

Detail Review...

Detail Review...

Dislikes
  • It does not offer a 3-in-1 account opening facility.
  • ProStocks does not provide commodity trading services.
  • It does not offer mutual funds investment facility.
  • ProStocks IPO Apply facility is only available on the ProStocks website.
  • It does not provide intraday trading tips, research, and advisory facility.

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 ProStocks offer FREE Trading + Demat Account (NO AMC). You can trade unlimited in equity segment for Rs 899/month or choose Rs 15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer Rs 0 Demat AMC with one time Rs 1000 refundable deposit.
Enquiry Open ProStocks Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-09-07T06:44:26+00:00