The brokerage of Sharekhan ranges between 0.1 to 0.5% while the brokerage of GCL Securities ranges between .01 to 0.1%. Both the brokers are Full Service brokers. Sharekhan is having overall higher rating compare to GCL Securities. Sharekhan is rated 4 out of 5 where GCL Securities is rated only 3 out of 5.
Here we present side-by-side comparison of Sharekhan 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 Sharekhan 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.
 Sharekhan |
 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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BSE, NSE, MCX, NCDEX, NSEL | NSE,BSE |
| Broker Overview | Sharekhan not just allows trading in all the segments but also offers finest services like investment options, share market news, research reports, stock quotes, fundamental and statistical info across equity, mutual funds, IPOs and much more. With t...  |
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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In this section we have compared Sharekhan with GCL Securities on trading & demat account opening charges and AMC. Trading account opening charges - Both brokers offers Free Trading account opening. Demat AMC charges - Sharekhan charges Rs 400 PA (Waived for 1st year) AMC for Demat account where GCL Securities charges Rs 400 PA AMC for Demat account.
| Charges | Sharekhan | GCL Securities |
|---|---|---|
| Trading Account Opening Fees | Free | Free |
| Trading AMC | Free | Free |
| Demat Account Opening Fees | Free | Free |
| Demat AMC | Rs 400 PA (Waived for 1st year) | Rs 400 PA |
| Provide DP Service |  |
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Plans are the most important feature you look when compare Sharekhan with GCL Securities. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Sharekhan provide Multiple Plans where GCL Securities doesn't offer Monthlay Plans - Both the brokers don't have Monthly Plans.
| Plan Types | Sharekhan | GCL Securities |
|---|---|---|
| Multiple Plans | |
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| Monthly Plans | |
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| Yearly Plans | |
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| Sharekhan | GCL Securities | |
|---|---|---|
| Account Opening Request |
Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.
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 | Sharekhan | GCL Securities |
|---|---|---|
| Plan Name | Classic Trading Plan (Percentage Based) | Basic Trading Plan (Percentage Based) |
| Equity Delivery | 0.5% or 50 paisa | 0.1% or 10 paisa |
| Equity Intraday | 0.1% or 10 paisa | 0.01% or 1 paisa |
| Equity Futures | 0.1% or 10 paisa | 0.01% or 1 paisa |
| Equity Options | 2.5% of Premium or Rs 250 per lot whichever is high | Rs 25 Per Lot |
| Currency Futures | 0.1% or 10 paisa | 0.01% or 1 paisa |
| Currency Options | 2.5% of Premium or Rs 30 per lot whichever is high | Rs 25 Per Lot |
| Commodity Trading | 0.1% or 10 paisa | 0.01% or 1 paisa |
| Minimum Brokerage | Rs 20 | NIL |
| Hidden Charges | No | Info Not Available |
| Funding | Yes - 18% interest PA | Info Not Available |
| Call & Trade Charges | Free | Info Not Available |
| Brokerage Calculator | Brokerage Calculator for Sharekhan | Brokerage Calculator for GCL Securities |
| SPAN Margin Calculator | SPAN Margin Calculator for Sharekhan | SPAN Margin Calculator for GCL Securities |
Compare Sharekhan with GCL Securities on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Sharekhan | 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 100 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 sharekhan | Complete Brokerage Plans for gclsecurities |
Compare Sharekhan 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 - both doesn't offers Algo tradig. Margin Funding - Sharekhan offers margin funding where GCL Securities doesn't offers margin funding. NRI Trading - both brokers provides NRI Trading facility.
| Account Features Compare | Sharekhan | 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 | 3:15PM | 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 Sharekhan and GCL Securities. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.
| Trading Platform Compare | Sharekhan | GCL Securities |
|---|---|---|
| Desktop Trading Platform | TradeTiger | 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.sharekhan.com/ | 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 | Sharekhan | GCL On Time |
| Mobile Trading App Demo | Sharekhan Demo | Info Not Available |
| Android Mobile App | |
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| Android App Download | Andriod Sharekhan Download | Andriod GCL On Time Download |
| iPhone Mobile App (IOS) | |
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| iOS App Download | iOS Sharekhan 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 Sharekhan | Equity Intraday and Delivery Brokerage Calculator for GCL Securities |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Sharekhan | Futures Brokerage Calculator for GCL Securities |
| Options Brokerage Calculator | Options Brokerage Calculator for Sharekhan | Options Brokerage Calculator for GCL Securities |
| Detail | Detail on Trading Platforms for sharekhan | Detail on Trading Platforms for gclsecurities |
| Sharekhan | GCL Securities | |
|---|---|---|
178 Customer Reviews  |
Customer Reviews |
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| Fees Ratings |  |
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| Trading Brokerage Rating |  |
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| Trading Platform Usability |  |
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| Customer Service Ratings |  |
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| Overall Ratings |  |
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| Broker Rating | Sharekhan is Rated 3.6 / 5 based on 178 customer reviews |
Compare Sharekhan 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 brokers offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - both brokers offers trading options in Commodity (MCX). Online Mutual Fund Investment - both brokers offers online mutual fund investment option. Portfolio Management Services (PMS) - Sharekhan provide PMS Service where GCL Securities doesn't offer
| Investment Offerings Compare | Sharekhan | 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 Sharekhan with GCL Securities on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Sharekhan 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) - Sharekhan 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)- Sharekhan offers After Market Orders where GCL Securities doesn't offers AMO. GTC Orders- Sharekhan offers Good Till Cancelled (GTC) orders where GCL Securities doesn't support Good Till Cancelled (GTC) orders.
| Order Type Compare | Sharekhan | 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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Comapre Sharekhan with GCL Securities on Exposure/Margin offered by 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 | Sharekhan | GCL Securities |
|---|---|---|
| Equity Delivery Margin
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Upto 5x via Margin Funding. | Info Not Available |
| Equity Intraday Margin
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Up to 10x or 10% subject to Var and ELM. | Up to 10x or 10% subject to Var and ELM. |
| Futures Margin
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1x means actual SPAN + Exposure. | 1x means actual SPAN + Exposure. |
| Options Margin
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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
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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
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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
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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
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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 Sharekhan with GCL Securities on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.
| Customer Service Compare | Sharekhan | 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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1800227500 | Info Not Available |
| Account Opening Process
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Offline | Info Not Available |
| Customer Support Email
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[email protected] | Info Not Available |
| Knowledge Center/Education
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https://www.sharekhan.com/help/hello | Info Not Available |
| Head Office Address
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Sharekhan Limited, 10th Floor, Beta Building, Lodha iThink Techno Campus, Kanjurmarg (East), Mumbai-MH– 400042 |
Info Not Available |
| Website
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https://www.sharekhan.com | Info Not Available |
Compare Sharekhan with GCL Securities on research reports and tips provided by broker.
| Sharekhan | 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 Sharekhan with GCL Securities on Demat Service and Charges. This section cover about demat charges, demat service and other details
| Sharekhan | GCL Securities | |
|---|---|---|
| DP Source | CDSL | CDSL |
| DP ID
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36000 | No |
| Demat Account Annual Maintenance Charges(AMC) | ₹500 pa | ₹300 pa |
| Advance Deposit | Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) | |
| Statutory charges | Actual Stamp Paper Charges | Nil |
| Transaction Charges on Debit (Per ISIN) | 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) | ₹11 |
| Demat | ₹5 per certificate (Min 50 per request) | ₹10 per certificate + ₹30 courier charges |
| Remat | ₹50 per certificate or ₹50 for every hundred securities | Actual CDSL charges + ₹30 request charges |
| Pledge Creation | 0.03% (Min ₹100) | ₹25 per transaction |
| Pledge Creation Confirmation | Nil | ₹25 per transaction |
| Pledge Closure | Nil | ₹25 per transaction |
| Pledge Closure Confirmation | Nil | ₹25 per transaction |
| Pledge Invocation | Nil | ₹25 per transaction |
| Failed Instruction Charges | Nil | Nil |
| Other Charges | Freeze/De-freeze - ₹25 per transaction Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100) Client Master changes ₹30 per request |
Nil |
Compare Sharekhan with GCL Securities on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| Sharekhan | GCL Securities | |
|---|---|---|
| Pay In and Pay Out Options
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Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from RelianceSmartMoney platform. 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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Info Not Available | Info Not Available |
| Bank Detail | Sharekhan Limited Account No.:9035< Bank:YES BANK Branch:MUMBAI Account Type:CURRENT IFSC Code:YESB0000001 |
Info Not Available |
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| Special Offers/Promo | Get Free Trading + Demat Account (Rs 1150 waived on account opening) for a limited time. | |
| Enquiry | Enquire about Sharekhan | Enquire about GCL Securities |
Last Updated on 2019-12-13T01:08:47+00:00
