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
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Sharekhan |
GCL Securities |
| Overall Rating |
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| Brokerage Charges |
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| Trading Platform |
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| Investments Offering |
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| Customer Service |
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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 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 ...  |
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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Account Opening Charges and AMC
Compare Sharekhan vs GCL Securities on Brokerage & Demat Account Opening Charges
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Sharekhan |
GCL Securities |
| Trading Account Opening Fees
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Free |
Free |
| Trading AMC
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Free |
Free |
| Demat Account Opening Fees
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Free |
Free |
| Demat AMC
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Rs 400 PA (Waived for 1st year) |
Rs 400 PA |
| Provide DP Service
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About Brokerage Plans
Compare Sharekhan vs GCL Securities on Plan Options
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Sharekhan |
GCL Securities |
| Multiple Plans
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| Monthly Plans
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| Yearly Plans
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Account Opening Request
Brokerage Charges
Compare Sharekhan vs GCL Securities on Brokerage Charges
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Sharekhan |
GCL Securities |
| Plan Name
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Classic Trading Plan (Percentage Based) |
Basic Trading Plan (Percentage Based) |
| Plan Description
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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. |
Base plan- .01 to .1% plan which is one of the lowest plan in compare to all full service brokers. |
| Equity Delivery
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0.5% or 50 paisa |
0.1% or 10 paisa |
| Equity Intraday
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0.1% or 10 paisa |
0.01% or 1 paisa |
| Equity Futures
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0.1% or 10 paisa |
0.01% or 1 paisa |
| Equity Options
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2.5% of Premium or Rs 250 per lot whichever is high |
Rs 25 Per Lot |
| Currency Futures
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0.1% or 10 paisa |
0.01% or 1 paisa |
| Currency Options
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2.5% of Premium or Rs 30 per lot whichever is high |
Rs 25 Per Lot |
| Commodity Trading
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0.1% or 10 paisa |
0.01% or 1 paisa |
| Minimum Brokerage
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Rs 20 |
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| Hidden Charges
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No |
Info Not Available |
| Funding
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Yes - 18% interest PA |
Info Not Available |
| Call & Trade Charges
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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 |
Share Broker's Transaction Charges
Compare Sharekhan vs GCL Securities on Transaction Charges
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Sharekhan |
GCL Securities |
| Equity Delivery
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Rs 325 Per Cr |
Rs 325 Per Cr |
| Equity Intraday
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Rs 325 Per Cr |
Rs 325 Per Cr |
| Equity Futures
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Rs 190 Per Cr |
Rs 190 Per Cr |
| Equity Options
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Rs 5000 Per Cr |
Rs 5000 Per Cr |
| Currency Futures
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Rs 100 Per Cr |
Rs 110 Per Cr |
| Currency Options
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Rs 4000 Per Cr |
Rs 4000 Per Cr |
| Commodity
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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 |
Account Features
Compare Sharekhan vs GCL Securities on Account Features
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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
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3:15PM |
3:00 PM |
| NRI Trading
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| Other Features
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Trading Platform
Broker Ratings by Users
Compare Sharekhan vs GCL Securities on User Rating
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Sharekhan |
GCL Securities |
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177 Customer Reviews  |
Customer Reviews |
| 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 177 customer reviews |
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Investment Offerings
Compare Sharekhan vs GCL Securities on Investment Offerings
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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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| Algo Trading
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| Other Investment Options
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Loans |
Order Types
Compare Sharekhan vs GCL Securities on Order Types
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Sharekhan |
GCL Securities |
| CNC Ordre
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| MIS Ordre
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| NRML Ordre
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| Cover Ordre
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| Bracket Ordre
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| AMO-After Market Orders
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| GTC-Good Till Cancelled
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Margin/Leverage
Compare Sharekhan vs GCL Securities on Margin/Leverage
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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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Upto 10x leverage for equity. |
Info Not Available |
| Futures Margin
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Upto 2x leverage for futures. |
Info Not Available |
| Options Margin
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Upto 2x margin for Options shorting, No leverage for option buying. |
Info Not Available |
| Equity CO Margin
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Upto 15x margin/leverage in CO order for selected equity scripts. |
Info Not Available |
| Futures CO Margin
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Upto 15x margin/leverage in CO order for futures contracts. |
Info Not Available |
| Options CO Margin
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Upto 15x margin/leverage in CO order for options contracts sell only. |
Info Not Available |
| Commodity Margin
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Info Not Available |
Info Not Available |
Customer Service Offered
Compare Sharekhan vs GCL Securities on Customer Service
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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 |
Tips/Research/Reports Published
Compare Sharekhan vs GCL Securities on Research Reports, Tips
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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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Demat Account
Compare Sharekhan vs GCL Securities on Demat Account
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Sharekhan |
GCL Securities |
| DP Source
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CDSL |
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| DP ID
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36000 |
No |
| Demat Account Annual Maintenance Charges(AMC)
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Tariff : Rs.p.a-[A:400,B:500,C:350,D:Nil,E:100,F:500,H:1000,G:Nil(holding Value <= Rs.50000)or 100(holding Value from Rs.50001 to Rs.200000)or 400(holding Value >Rs.200000)] will be levied from that date onwards & rest of charges will be levied as per regular scheme.*A,C,E&H Free for the 1st Year. |
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| Advance Deposit
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Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) |
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| Statutory charges
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Actual Stamp Paper Charges |
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| Transaction Charges on Debit (Per ISIN)
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A&B:Sales SK :0 Else 0.03% of value of tran(min Rs.30),C&D:Sales SK Rs. 6 Per tran Else 0.03% of value of tran(min Rs.30),E & H:Sales SK 0.03% of value of tran (E:min Rs.29,H:min Rs.30) Else 0.03% of value of tran(min Rs.49),F:0.03% of value of tran(min Rs.30),G:0.03% of value of tran(min Rs.49) |
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| Demat
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Rs. 5 per certificate (Min Rs. 50 per request for Tariff A,B,C,D,E,F & H) (Min Rs. 100 per request for Tariff G ) |
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| Remat
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Rs.50 per certificate or Rs.50 for every hundred securities |
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| Pledge Creation
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0.03 % of the value of the Transaction (Min Rs. 100 per transaction) |
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| Pledge Creation Confirmation
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Nil |
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| Pledge Closure
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Nil |
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| Pledge Closure Confirmation
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Nil |
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| Pledge Invocation
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Nil |
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| Failed Instruction Charges
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Nil |
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| Other Charges
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1) Freeze /De-freeze - Rs. 25 per request 2) Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum Rs. 100) 3)Client Master changes Rs.30 per request for Tariff G |
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Special Offers,Advantages,Disadvantages
Compare Sharekhan vs GCL Securities on Special Offers and Promotion
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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<> SK21<>
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001 |
Info Not Available |
| Likes
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- 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
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- 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.
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- 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
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Get Free Trading + Demat Account (Rs 1150 waived on account opening) for a limited time. |
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Enquire about Sharekhan
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Enquire about GCL Securities
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