Compare 3 Brokers

Sharekhan Vs GCL Securities: Which one is better?

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.

Compare Sharekhan vs GCL Securities on Service

  Sharekhan Compare
Sharekhan
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, NSEL NSE,BSE
Broker Overview Sharekhan not just allows you to trade in all the market 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 ... Know more about Sharekhan 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 Sharekhan. 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 Sharekhan vs GCL Securities on Trading & Demat Account Opening Charges

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.

Trading & Demat Account Opening Charges - Compare Sharekhan with GCL Securities
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 Yes Yes
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About Brokerage Plans

Compare Sharekhan vs GCL Securities on Plan Options

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.

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

Account Opening

  Sharekhan GCL Securities
Account Opening Request
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Brokerage Charges

Compare Sharekhan vs GCL Securities on Brokerage Charges

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 with GCL Securities
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
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Share Broker's Transaction Charges

Compare Sharekhan vs GCL Securities on Transaction Charges

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

Transaction Charges - Compare Sharekhan with GCL Securities
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
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Account Features

Compare Sharekhan vs GCL Securities on Account Features

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

Compare Sharekhan vs GCL Securities on Trading Platform

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 with GCL Securities
Trading Platform Compare Sharekhan GCL Securities
Desktop Trading Platform TradeTiger ODIN
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://www.sharekhan.com/ https://www.gclbroking.com
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Sharekhan GCL On Time
Mobile Trading App Demo Sharekhan Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Sharekhan Download Andriod GCL On Time Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS Sharekhan 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 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

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Broker Ratings by Users

Compare Sharekhan vs GCL Securities on User Rating

  Sharekhan GCL Securities
  177 Customer Reviews    Rate Sharekhan Customer Reviews    Rate GCL Securities
Fees Ratings 3.2
Trading Brokerage Rating 3.1
Trading Platform Usability 3.9
Customer Service Ratings 3.5
Overall Ratings Rated 3.6 stars
Broker Rating Sharekhan is Rated 3.6 / 5 based on 177 customer reviews
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Investment Offerings

Compare Sharekhan vs GCL Securities on Investment Offerings

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 with GCL Securities
Investment Offerings Compare Sharekhan 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 Yes No
Other Investment Options NIL Loans
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Order Types

Compare Sharekhan vs GCL Securities on Order Types

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 Types - Compare Sharekhan with GCL Securities
Order Type Compare Sharekhan GCL Securities
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes No
Bracket Ordre Yes No
AMO-After Market Orders Yes No
GTC-Good Till Cancelled Yes No
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Margin/Leverage

Compare Sharekhan vs GCL Securities on Margin/Leverage

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.

Exposure/margin - Compare Sharekhan with GCL Securities
Margin Product Compare Sharekhan GCL Securities
Equity Delivery Margin Sharekhan vs GCL Securities - Equity Delivery Margin Upto 5x via Margin Funding. Info Not Available
Equity Intraday Margin Sharekhan vs GCL Securities - Equity Intraday Margin Upto 10x leverage for equity. Info Not Available
Futures Margin Sharekhan vs GCL Securities - Futures Margin Upto 2x leverage for futures. Info Not Available
Options Margin Sharekhan vs GCL Securities - Options Margin Upto 2x margin for Options shorting, No leverage for option buying. Info Not Available
Equity CO Margin Sharekhan vs GCL Securities - Equity CO Margin Upto 15x margin/leverage in CO order for selected equity scripts. Info Not Available
Futures CO Margin Sharekhan vs GCL Securities - Futures CO Margin Upto 15x margin/leverage in CO order for futures contracts. Info Not Available
Options CO Margin Sharekhan vs GCL Securities - Options CO Margin Upto 15x margin/leverage in CO order for options contracts sell only. Info Not Available
Commodity Margin Sharekhan vs GCL Securities - Commodity Margin Info Not Available Info Not Available
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Customer Service Offered

Compare Sharekhan vs GCL Securities on Customer Service

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 Support - Compare Sharekhan with GCL Securities
Customer Service Compare Sharekhan GCL Securities
24/7 Customer Service Sharekhan vs GCL Securities - 24x7 customer support No No
Email Support Sharekhan vs GCL Securities - Email Support Yes Yes
Onine Live Chat Sharekhan vs GCL Securities - Onine Live Chat Yes No
Phone Support Sharekhan vs GCL Securities - Phone Support Yes Yes
Toll Free Number Sharekhan vs GCL Securities - Toll Free Number Yes No
Through Branches Sharekhan vs GCL Securities - Through Branches Yes Yes
Customer Care Number Sharekhan vs GCL Securities - Customer Care Number 1800227500 Info Not Available
Account Opening Process Sharekhan vs GCL Securities - Account Opening Process Offline Info Not Available
Customer Support Email Sharekhan vs GCL Securities - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Sharekhan vs GCL Securities - Knowledge Center/Education https://www.sharekhan.com/help/hello Info Not Available
Head Office Address Sharekhan vs GCL Securities - Head Office Address/Corporate Address Sharekhan Limited,
10th Floor,
Beta Building,
Lodha iThink Techno Campus,

Kanjurmarg (East),
Mumbai-MH– 400042
Info Not Available
Website Sharekhan vs GCL Securities - Company Website https://www.sharekhan.com Info Not Available
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Tips/Research/Reports Published

Compare Sharekhan vs GCL Securities on Research Reports, Tips

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

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

Compare Sharekhan vs GCL Securities on Demat Account

Compare Sharekhan with GCL Securities on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Sharekhan with GCL Securities
  Sharekhan GCL Securities
DP Source CDSL CDSL
DP ID Sharekhan vs GCL Securities - DP ID 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

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Special Offers,Advantages,Disadvantages

Compare Sharekhan vs GCL Securities on Special Offers and Promotion

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

Compare Sharekhan vs GCL Securities on Special Offers and Promotion
  Sharekhan GCL Securities
Pay In and Pay Out Options Sharekhan vs GCL Securities - Pay In and Pay Out Options 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 Sharekhan vs GCL Securities - Payout Time Max 24 hrs except bank holidays Info Not Available
Bank Supported and Charges Sharekhan vs GCL Securities - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Sharekhan Limited
Account No.:9035<> SK21<>
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Info Not Available
Likes
  • Free call and trade facility.
  • Most powerful and robust trading terminal-'Trade Tiger'.
  • Share transfer from and to the DP account is free.
  • Huge network.
  • Supports commodity trading.

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
  • Doesn't offer 3-in-1 account.
  • Minimum brokerage charges which makes it difficult to trade in penny stocks.
  • High brokerage so not well fit for day traders.
  • Classic account doesn't facilitate to trade in commodities.
  • 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 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 2019-07-08T23:57:42+00:00







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