Compare 3 Brokers

TradePlusOnline Vs GCL Securities: Which one is better?

The brokerage of TradePlusOnline Max Max Rs 9 per trade while the brokerage of GCL Securities ranges between .01 to 0.1%. TradePlusOnline is a Discount Broker where GCL Securities is a Full Service Broker. TradePlusOnline is having overall higher rating compare to GCL Securities. TradePlusOnline is rated 3.5 out of 5 where GCL Securities is rated only 3 out of 5.

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

  TradePlusOnline Compare
TradePlusOnline
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, MCX NSE,BSE
Broker Overview TradePlus started as financial service Industry and move towards equity broker, Depository Participant, commodity broker and now to discount broker with 3T guiding principal - Transparency, Technology and Trust. 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 TradePlusOnline. 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 TradePlusOnline vs GCL Securities on Trading & Demat Account Opening Charges

In this section we have compared TradePlusOnline with GCL Securities on trading & demat account opening charges and AMC. Trading account opening charges - GCL Securities offer Free account opening where TradePlusOnline charges Rs 199 for account opeing. Demat AMC charges - TradePlusOnline charges Rs 900 for 10 Yrs AMC for Demat account where GCL Securities charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare TradePlusOnline with GCL Securities
Charges TradePlusOnline GCL Securities
Trading Account Opening Fees Rs 199 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 900 for 10 Yrs Rs 400 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare TradePlusOnline vs GCL Securities on Plan Options

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

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

Account Opening

  TradePlusOnline GCL Securities
Account Opening Request
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Brokerage Charges

Compare TradePlusOnline vs GCL Securities on Brokerage Charges

TradePlusOnline Brokerage Plan detail - TradePlus Flat Fee Plan Max Rs 9 Per Trade. This is the lowest brokerage plan offered by a discount broker. You will pay Max Rs 9 for trading in Equity Intraday, Derivatives, Currency and Commodity Trading. Equity Delivery trading is FREE.

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 TradePlusOnline with GCL Securities
Brokerage Charges Compare TradePlusOnline GCL Securities
Plan Name Flat Fee Plan Basic Trading Plan (Percentage Based)
Equity Delivery Free 0.1% or 10 paisa
Equity Intraday 0.01% or Rs 9 whichever is lower 0.01% or 1 paisa
Equity Futures Flat Fee Rs 9 0.01% or 1 paisa
Equity Options Flat Fee Rs 9 Rs 25 Per Lot
Currency Futures Flat Fee Rs 9 0.01% or 1 paisa
Currency Options Flat Fee Rs 9 Rs 25 Per Lot
Commodity Trading Flat Fee Rs 9 0.01% or 1 paisa
Minimum Brokerage NIL NIL
Hidden Charges No Info Not Available
Funding Yes - 24% interest PA Info Not Available
Call & Trade Charges Rs 75 Per Day Per segment or Rs 1000 for unlimited call n Trade Info Not Available
Brokerage Calculator Brokerage Calculator for TradePlusOnline Brokerage Calculator for GCL Securities
SPAN Margin Calculator SPAN Margin Calculator for TradePlusOnline SPAN Margin Calculator for GCL Securities
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Share Broker's Transaction Charges

Compare TradePlusOnline vs GCL Securities on Transaction Charges

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

Transaction Charges - Compare TradePlusOnline with GCL Securities
Transaction Charges Compare TradePlusOnline GCL Securities
Equity Delivery Rs 330 Per Cr Rs 325 Per Cr
Equity Intraday Rs 330 Per Cr Rs 325 Per Cr
Equity Futures Rs 350 Per Cr Rs 190 Per Cr
Equity Options Rs 7500 Per Cr Rs 5000 Per Cr
Currency Futures Rs 165 Per Cr Rs 110 Per Cr
Currency Options Rs 6000 Per Cr Rs 4000 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 310 Per Cr | Agri: Rs 225 Per Cr
Brokerage Charges Complete Brokerage Plans for tradeplus Complete Brokerage Plans for gclsecurities
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Account Features

Compare TradePlusOnline vs GCL Securities on Account Features

Compare TradePlusOnline 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 - TradePlusOnline offers Algo Trading where GCL Securities doesn't offers Algo Trading. Margin Funding - TradePlusOnline offers margin funding where GCL Securities doesn't offers margin funding. NRI Trading - both brokers provides NRI Trading facility.

Account Features - TradePlusOnline with GCL Securities
Account Features Compare TradePlusOnline GCL Securities
3 in 1 Account No TradePlusOnline have 2-in-1 account. Only Demate and Trading account. No TradePlusOnline 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 Yes No
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:15PM 3:00 PM
NRI Trading Yes Yes
Other Features Charting & Tech Tools -YES - INFINI POWER - MCX and Equities NIL
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Trading Platform

Compare TradePlusOnline vs GCL Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w TradePlusOnline 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 TradePlusOnline with GCL Securities
Trading Platform Compare TradePlusOnline GCL Securities
Desktop Trading Platform NSE NOW,INFINI TRADER 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://infini.tradeplusonline.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 Tradeplus Mobile GCL On Time
Mobile Trading App Demo Tradeplus Mobile Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Tradeplus Mobile Download Andriod GCL On Time Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS Tradeplus Mobile 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 TradePlusOnline Equity Intraday and Delivery Brokerage Calculator for GCL Securities
Futures Brokerage Calculator Futures Brokerage Calculator for TradePlusOnline Futures Brokerage Calculator for GCL Securities
Options Brokerage Calculator Options Brokerage Calculator for TradePlusOnline Options Brokerage Calculator for GCL Securities
Detail Detail on Trading Platforms for tradeplus Detail on Trading Platforms for gclsecurities

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Broker Ratings by Users

Compare TradePlusOnline vs GCL Securities on User Rating

  TradePlusOnline GCL Securities
  25 Customer Reviews    Rate TradePlusOnline Customer Reviews    Rate GCL Securities
Fees Ratings 4.4
Trading Brokerage Rating 4.8
Trading Platform Usability 4.0
Customer Service Ratings 4.0
Overall Ratings Rated 4.2 stars
Broker Rating TradePlusOnline is Rated 4.2 / 5 based on 25 customer reviews
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Investment Offerings

Compare TradePlusOnline vs GCL Securities on Investment Offerings

Compare TradePlusOnline 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) - both the brokers don't have PMS Service.

Investment Offerings - Compare TradePlusOnline with GCL Securities
Investment Offerings Compare TradePlusOnline GCL Securities
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes 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 No No
Other Investment Options NIL Loans
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Order Types

Compare TradePlusOnline vs GCL Securities on Order Types

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

Order Types - Compare TradePlusOnline with GCL Securities
Order Type Compare TradePlusOnline 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 TradePlusOnline vs GCL Securities on Margin/Leverage

Comapre TradePlusOnline 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 TradePlusOnline with GCL Securities
Margin Product Compare TradePlusOnline GCL Securities
Equity Delivery Margin TradePlusOnline vs GCL Securities - Equity Delivery Margin Up to 4x leverage on Equity Delivery with Margin Funding. Info Not Available
Equity Intraday Margin TradePlusOnline vs GCL Securities - Equity Intraday Margin Up to 10x leverage for equity. Info Not Available
Futures Margin TradePlusOnline vs GCL Securities - Futures Margin Up to 2x leverage for equity futures intraday. Info Not Available
Options Margin TradePlusOnline vs GCL Securities - Options Margin Up to 2x for Options Selling and no leverage on Options Buying. Info Not Available
Equity CO Margin TradePlusOnline vs GCL Securities - Equity CO Margin Up to 40x leverage for equity CO. Info Not Available
Futures CO Margin TradePlusOnline vs GCL Securities - Futures CO Margin Up to 3.5x leverage on equity futures CO. Info Not Available
Options CO Margin TradePlusOnline vs GCL Securities - Options CO Margin Info Not Available Info Not Available
Commodity Margin TradePlusOnline vs GCL Securities - Commodity Margin Up to 5x leverage on commodity futures. Info Not Available
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Customer Service Offered

Compare TradePlusOnline vs GCL Securities on Customer Service

Compare TradePlusOnline 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 TradePlusOnline with GCL Securities
Customer Service Compare TradePlusOnline GCL Securities
24/7 Customer Service TradePlusOnline vs GCL Securities - 24x7 customer support No No
Email Support TradePlusOnline vs GCL Securities - Email Support Yes Yes
Onine Live Chat TradePlusOnline vs GCL Securities - Onine Live Chat Yes No
Phone Support TradePlusOnline vs GCL Securities - Phone Support Yes Yes
Toll Free Number TradePlusOnline vs GCL Securities - Toll Free Number No No
Through Branches TradePlusOnline vs GCL Securities - Through Branches No Yes
Customer Care Number TradePlusOnline vs GCL Securities - Customer Care Number 044-49427576 / 044-28214171 Info Not Available
Account Opening Process TradePlusOnline vs GCL Securities - Account Opening Process Online/Paperless Info Not Available
Customer Support Email TradePlusOnline vs GCL Securities - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education TradePlusOnline vs GCL Securities - Knowledge Center/Education http://support.tradeplusonline.com/support/solutions Info Not Available
Head Office Address TradePlusOnline vs GCL Securities - Head Office Address/Corporate Address Tradeplus Online,
Ganga Griha 4th & 5 th Floor,
No.9 (old No. 6D)
Nungambakkam High Road
Nungambakkam
Chennai - 600 034
Info Not Available
Website TradePlusOnline vs GCL Securities - Company Website https://tradeplusonline.com Info Not Available
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Tips/Research/Reports Published

Compare TradePlusOnline vs GCL Securities on Research Reports, Tips

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

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

Compare TradePlusOnline vs GCL Securities on Demat Account

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

Demat Charges - Compare TradePlusOnline with GCL Securities
  TradePlusOnline GCL Securities
DP Source NSDL CDSL
DP ID TradePlusOnline vs GCL Securities - DP ID 86500 No
Demat Account Annual Maintenance Charges(AMC) ₹900 for Ten Years ₹300 pa
Advance Deposit NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.02% of transaction value (Min ₹15 and Max ₹200) ₹11
Demat ₹50 up to five certificate (₹5 per additional certificate) ( Min ₹50) ₹10 per certificate + ₹30 courier charges
Remat ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹50 request charges Actual CDSL charges + ₹30 request charges
Pledge Creation ₹15 per transaction ₹25 per transaction
Pledge Creation Confirmation 0.02% of the value (Min ₹50) ₹25 per transaction
Pledge Closure 0.02% of the value (Min ₹50) ₹25 per transaction
Pledge Closure Confirmation 0.02% of the value (Min ₹50) ₹25 per transaction
Pledge Invocation 0.02% of the value (Min ₹50) ₹25 per transaction
Failed Instruction Charges ₹15 Nil
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare TradePlusOnline vs GCL Securities on Special Offers and Promotion

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

Compare TradePlusOnline vs GCL Securities on Special Offers and Promotion
  TradePlusOnline GCL Securities
Pay In and Pay Out Options TradePlusOnline 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 TradePlusOnline Mobile, INFINI Desktop and INFINI Web application.Cheque payments Rs 15 per cheque.
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time TradePlusOnline vs GCL Securities - Payout Time Upto 24 Hrs except Bank Holidays. Info Not Available
Bank Supported and Charges TradePlusOnline vs GCL Securities - Bank Supported and Charges Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from TradePlusOnline trading platforms. Info Not Available
Bank Detail NAVIA MARKETS LIMITED,
Account Number:ZNACOMTPXXXXXXXX
Bank and Branch: INDUSIND BANK LIMITED, NUNGAMBAKKAM, CHENNAI
Account Type: Current Account
IFSC Code: INDB0000007
Info Not Available
Likes
  • NRI Trading services.
  • Free delivery Trading.
  • Platform to trade in IPO, MF and Bonds.
  • Twitter enabled customer service.
  • data analytics platform, customized technical alert.
  • PAYTM integration & cashback.
  • Online IPO via [email protected] 100 Per application.
  • Lowest price plan for Intraday traders.

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
  • Additional charges for using "Infini-Power" the technical analysis tool.
  • Call n Trade charges are very high - Rs 75 per day or Rs 1000 PM.

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 Free Trading account opening for our visitors.
Enquiry Enquire about TradePlusOnline Enquire about GCL Securities

Last Updated on 2019-08-01T06:21:02+00:00







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