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SMC Global Vs GCL Securities: Which one is better?

Both the brokers are registered with SEBI. SMC Global offers investmenet in Equity, F&O, Currency and Commodities, where GCL Securities offers investment in Equity, F&O and Currency only. The brokerage of SMC Global ranges between 0.05 to 0.50% while the brokerage of GCL Securities ranges between .01 to 0.1%. Both the brokers are Full Service brokers. Overall rating for both the brokers are also equal with rating 3 out of 5. Number of active customer for SMC Global is 1,77,541 where number of active customer for GCL Securities is . SMC Global is serving more customer compare to GCL Securities.

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

  SMC Global Compare
SMC Global
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 NSE, BSE
Active Clients 1,77,541
Broker Overview Open a free SMC Global account today to trade on the BSE, NSE, and MCX. Get the best quality research, wealth management & portfolio management advisory, and trade on advanced Easy Trade App and Privilege desktop software. 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 Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare SMC Global vs GCL Securities on Trading & Demat Account Opening Charges

Comparison of SMC Global 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 - SMC Global charges Rs 400 PA (Free for 1st year) AMC for Demat account where GCL Securities charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare SMC Global with GCL Securities
Charges SMC Global GCL Securities
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA (Free for 1st year) Rs 400 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare SMC Global vs GCL Securities on Plan Options

Plans are the most important feature you look when compare SMC Global 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 SMC Global with GCL Securities on Plan Options
Plan Types SMC Global GCL Securities
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening

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Brokerage Charges

Compare SMC Global vs GCL Securities on Brokerage Charges

SMC Global Brokerage Plan detail - This is a standard plan by SMS Global.This is % based brokerage plan.

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 SMC Global with GCL Securities
Brokerage Charges Compare SMC Global GCL Securities
Plan Name Standard Trading Plan (Percentage Based) Basic Trading Plan (Percentage Based)
Equity Delivery 0.50% or 30 paisa 0.1% or 10 paisa
Equity Intraday 0.05% or 5 paisa 0.01% or 1 paisa
Equity Futures 0.05% or 5 paisa 0.01% or 1 paisa
Equity Options Rs 100 Per Lot Rs 25 Per Lot
Currency Futures 0.05% or 5 paisa 0.01% or 1 paisa
Currency Options Rs 25 Per Lot Rs 25 Per Lot
Commodity Trading 0.05% or 5 paisa 0.01% or 1 paisa
Minimum Brokerage Rs 25 per trade or 2.5% of the trade value whichever is lower NIL
Hidden Charges Info Not Available Info Not Available
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges Free NA
Auto Square off Charges Free NA
Brokerage Calculator Brokerage Calculator for SMC Global Brokerage Calculator for GCL Securities
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Share Broker's Transaction Charges

Compare SMC Global vs GCL Securities on Transaction Charges

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

Transaction Charges - Compare SMC Global with GCL Securities
Transaction Charges Compare SMC Global 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 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 smc-global-broker Complete Brokerage Plans for gclsecurities
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Account Features

Compare SMC Global vs GCL Securities on Account Features

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

Account Features - SMC Global with GCL Securities
Account Features Compare SMC Global GCL Securities
3 in 1 Account No SMC Global have 2-in-1 account. Only Demate and Trading account. No SMC Global 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 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 SMC Global vs GCL Securities on Trading Platform

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

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Broker Ratings by Users

Compare SMC Global vs GCL Securities on User Rating

  SMC Global GCL Securities
  7 Customer Reviews    Rate SMC Global 1 Customer Reviews    Rate GCL Securities
Fees Ratings 3.0 5.0
Trading Brokerage Rating 2.1 5.0
Trading Platform Usability 3.0 4.0
Customer Service Ratings 2.4 4.0
Overall Ratings 2.7 4.0
Broker Rating SMC Global is Rated 2.7 / 5 based on 7 customer reviews GCL Securities is Rated 4.0 / 5 based on 1 customer reviews
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Investment Offerings

Compare SMC Global vs GCL Securities on Investment Offerings

Compare SMC Global 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) - SMC Global provide PMS Service where GCL Securities doesn't offer

Investment Offerings - Compare SMC Global with GCL Securities
Investment Offerings Compare SMC Global 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 Insurance Loans
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Order Types

Compare SMC Global vs GCL Securities on Order Types

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

Order Types - Compare SMC Global with GCL Securities
Order Type Compare SMC Global 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 Yes No
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Customer Service Offered

Compare SMC Global vs GCL Securities on Customer Service

Compare SMC Global 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 SMC Global with GCL Securities
Customer Service Compare SMC Global GCL Securities
24/7 Customer Service SMC Global vs GCL Securities - 24x7 customer support No No
Email Support SMC Global vs GCL Securities - Email Support Yes Yes
Onine Live Chat SMC Global vs GCL Securities - Onine Live Chat No No
Phone Support SMC Global vs GCL Securities - Phone Support Yes Yes
Toll Free Number SMC Global vs GCL Securities - Toll Free Number Yes No
Through Branches SMC Global vs GCL Securities - Through Branches Yes Yes
Customer Care Number SMC Global vs GCL Securities - Customer Care Number 91-11-66075200 Info Not Available
Account Opening Process SMC Global vs GCL Securities - Account Opening Process Online/Paperless Info Not Available
Customer Support Email SMC Global vs GCL Securities - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education SMC Global vs GCL Securities - Knowledge Center/Education https://www.smctradeonline.com/research/new-letters Info Not Available
Head Office Address SMC Global vs GCL Securities - Head Office Address/Corporate Address SMC Global Securities Ltd
11/6B, Shanti Chamber Pusa Road,
New Delhi - 110005
Info Not Available
Website SMC Global vs GCL Securities - Company Website https://www.smctradeonline.com Info Not Available
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Tips/Research/Reports Published

Compare SMC Global vs GCL Securities on Research Reports, Tips

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

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

Compare SMC Global vs GCL Securities on Demat Account

Compare SMC Global 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 GCL Securities is ₹300 pa where for SMC Global is ₹300 pa.

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 SMC Global is ₹10+CDSL charges ₹5 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 SMC Global with GCL Securities
  SMC Global GCL Securities
DP Source CDSL CDSL
DP ID SMC Global vs GCL Securities - DP ID 19100 No
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹300 pa
Advance Deposit AMC will be charged in advance.
Statutory charges Stamp Paper Charges Nil
Transaction Charges on Debit (Per ISIN) ₹10+CDSL charges ₹5 ₹11
Demat ₹150 per certificate ₹10 per certificate + ₹30 courier charges
Remat ₹150 for every hundred securities + depositry charges Actual CDSL charges + ₹30 request charges
Pledge Creation ₹20 per instruction+CDSL charges ₹25 per transaction
Pledge Creation Confirmation ₹20 ₹25 per transaction
Pledge Closure ₹20 ₹25 per transaction
Pledge Closure Confirmation ₹20 ₹25 per transaction
Pledge Invocation ₹20 ₹25 per transaction
Failed Instruction Charges ₹50 per instraction Nil
Other Charges DIS Book Charges ₹50 (5 leafs) Client Modification Charges ₹25 Additional Client master Charges ₹2 Additional Statemen ₹50 per request + courier charges . Nil
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Special Offers,Advantages,Disadvantages

Compare SMC Global vs GCL Securities on Special Offers and Promotion

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

Compare SMC Global vs GCL Securities on Special Offers and Promotion
  SMC Global GCL Securities
Pay In and Pay Out Options SMC Global 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 ODIN Diet/Net Net Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time SMC Global vs GCL Securities - Payout Time Upto 24 Hrs except Bank Holidays. Info Not Available
Bank Supported and Charges SMC Global vs GCL Securities - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Info Not Available Info Not Available
Likes
  • Zero Demat account opening fees.
  • No Demat AMC for the first year.
  • Research and advisory
  • Trade on smartphone, browser, and desktop applications.
  • Loan against securities (LAS) and margin trading facility (MTF).
  • Multiple tools like Portfolio Health Check-up, Auto Trender, Algo trader,
  • Dedicated Relationship managers (RMs) and dealers.
  • News and updates on stock earnings, bonuses, corporate news, global news, etc.
  • It allows aftermarket order (AMO) and buy today sell tomorrow (BTST) trades.
  • Strong PAN India presence.

Detail Review...

Detail Review...

Dislikes
  • You cannot place a Good Till Triggered (GTT) order.
  • Does not provide a 3-in-1 account.
  • Extra charges for the tools like Auto Trender.
  • No flat brokerage plan is available.

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
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Last Updated on 2023-08-25T06:01:26+00:00