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Zerodha Vs GCL Securities: Which one is better?

Both the brokers are registered with SEBI. Zerodha offers investmenet in Equity, F&O, Currency and Commodities, where GCL Securities offers investment in Equity, F&O and Currency only. The brokerage of Zerodha Max Rs 20 per trade while the brokerage of GCL Securities ranges between .01 to 0.1%. Zerodha is a Discount Broker where GCL Securities is a Full Service Broker. Zerodha is having overall higher rating compare to GCL Securities. Zerodha is rated 4.5 out of 5 where GCL Securities is rated only 3 out of 5. Number of active customer for Zerodha is 72,23,525 where number of active customer for GCL Securities is . Zerodha is serving more customer compare to GCL Securities.

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

  Zerodha Compare
Zerodha
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
Active Clients 72,23,525
Broker Overview Zerodha is India's number 1 discount broker offering free equity and mutual fund investment, Rs 20 flat brokerage trading, and user-friendly Kite trading platform. 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 Zerodha vs GCL Securities on Trading & Demat Account Opening Charges

Comparison of Zerodha with GCL Securities on trading & demat account opening charges and AMC. Trading account opening charges - GCL Securities offer Free account opening where Zerodha charges Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com) for account opening. Demat AMC charges - Zerodha charges Rs 300 PA AMC for Demat account where GCL Securities charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Zerodha with GCL Securities
Charges Zerodha GCL Securities
Trading Account Opening Fees Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com) Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 300 PA Rs 400 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Zerodha vs GCL Securities on Plan Options

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

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Zerodha vs GCL Securities on Brokerage Charges

Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.

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 Zerodha with GCL Securities
Brokerage Charges Compare Zerodha GCL Securities
Plan Name Max Rs 20 per order Trading Plan Basic Trading Plan (Percentage Based)
Equity Delivery Free 0.1% or 10 paisa
Equity Intraday 0.03% or Rs 20 whichever is lower 0.01% or 1 paisa
Equity Futures 0.03% or Rs 20 whichever is lower 0.01% or 1 paisa
Equity Options Flat Fee Rs 20 Rs 25 Per Lot
Currency Futures 0.03% or Rs 20 whichever is lower 0.01% or 1 paisa
Currency Options Flat Fee Rs 20 Rs 25 Per Lot
Commodity Trading Flat Fee Rs 20 0.01% or 1 paisa
Minimum Brokerage NIL NIL
Hidden Charges No Info Not Available
Funding Info Not Available Info Not Available
Call & Trade Charges Rs 50 Per Executable Order NA
Auto Square off Charges Rs 50 Per Executable Order NA
Brokerage Calculator Brokerage Calculator for Zerodha Brokerage Calculator for GCL Securities
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Share Broker's Transaction Charges

Compare Zerodha vs GCL Securities on Transaction Charges

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

Transaction Charges - Compare Zerodha with GCL Securities
Transaction Charges Compare Zerodha 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 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 zerodha Complete Brokerage Plans for gclsecurities
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Account Features

Compare Zerodha vs GCL Securities on Account Features

Compare Zerodha with GCL Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Zerodha offers 3-in-1 account where GCL Securities offers only 2-in-1 account which includes trading and demat account. Algo Trading - Zerodha offers Algo Trading where GCL Securities doesn't offers Algo Trading. Margin Funding - Both broker dont have a margin funding facility. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Zerodha with GCL Securities
Account Features Compare Zerodha GCL Securities
3 in 1 Account Yes, Zerodha have 3-in-1 accounts. Bank Account, Demat and Trading account. No Zerodha have 2-in-1 account. Only Demate and Trading account.
Charting Yes No
Algo Trading Yes No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No No
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:10 PM 3:00 PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Zerodha vs GCL Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Zerodha 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 Zerodha with GCL Securities
Trading Platform Compare Zerodha GCL Securities
Desktop Trading Platform Kite By Zerodha ODIN
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) No Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://www.gclbroking.com
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Zerodha Kite GCL On Time
Mobile Trading App Demo Zerodha Kite Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Zerodha Kite Download Andriod GCL On Time Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS Zerodha Kite 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 Zerodha Equity Intraday and Delivery Brokerage Calculator for GCL Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Zerodha Futures Brokerage Calculator for GCL Securities
Options Brokerage Calculator Options Brokerage Calculator for Zerodha Options Brokerage Calculator for GCL Securities
Detail Detail on Trading Platforms for zerodha Detail on Trading Platforms for gclsecurities

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Broker Ratings by Users

Compare Zerodha vs GCL Securities on User Rating

  Zerodha GCL Securities
  160 Customer Reviews    Rate Zerodha 1 Customer Reviews    Rate GCL Securities
Fees Ratings 4.0 5.0
Trading Brokerage Rating 4.4 5.0
Trading Platform Usability 3.7 4.0
Customer Service Ratings 3.8 4.0
Overall Ratings 3.9 4.0
Broker Rating Zerodha is Rated 3.9 / 5 based on 160 customer reviews GCL Securities is Rated 4.0 / 5 based on 1 customer reviews
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Investment Offerings

Compare Zerodha vs GCL Securities on Investment Offerings

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

Investment Offerings - Compare Zerodha with GCL Securities
Investment Offerings Compare Zerodha 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 No 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 Zerodha vs GCL Securities on Order Types

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

Order Types - Compare Zerodha with GCL Securities
Order Type Compare Zerodha GCL Securities
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes 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 Zerodha vs GCL Securities on Customer Service

Compare Zerodha 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 Zerodha with GCL Securities
Customer Service Compare Zerodha GCL Securities
24/7 Customer Service Zerodha vs GCL Securities - 24x7 customer support No No
Email Support Zerodha vs GCL Securities - Email Support Yes Yes
Onine Live Chat Zerodha vs GCL Securities - Onine Live Chat No No
Phone Support Zerodha vs GCL Securities - Phone Support Yes Yes
Toll Free Number Zerodha vs GCL Securities - Toll Free Number No No
Through Branches Zerodha vs GCL Securities - Through Branches Yes Yes
Customer Care Number Zerodha vs GCL Securities - Customer Care Number "+ 91 80 4040 2020" Info Not Available
Account Opening Process Zerodha vs GCL Securities - Account Opening Process Online/Paperless Info Not Available
Customer Support Email Zerodha vs GCL Securities - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Zerodha vs GCL Securities - Knowledge Center/Education https://zerodha.com/varsity/ Info Not Available
Head Office Address Zerodha vs GCL Securities - Head Office Address/Corporate Address Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Info Not Available
Website Zerodha vs GCL Securities - Company Website https://zerodha.com/ Info Not Available
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Tips/Research/Reports Published

Compare Zerodha vs GCL Securities on Research Reports, Tips

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

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

Compare Zerodha vs GCL Securities on Demat Account

Compare Zerodha 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 Zerodha 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 Zerodha is ₹8 + ₹5.50 (CDSL Charges) per transaction 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 Zerodha with GCL Securities
  Zerodha GCL Securities
DP Source CDSL CDSL
DP ID Zerodha vs GCL Securities - DP ID 81600 No
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹300 pa
Advance Deposit Nil
Statutory charges ₹50 Nil
Transaction Charges on Debit (Per ISIN) ₹8 + ₹5.50 (CDSL Charges) per transaction ₹11
Demat ₹150 per certificate + ₹100 courier charges ₹10 per certificate + ₹30 courier charges
Remat ₹150 per certificate + ₹100 courier charges + CDSL Charges Actual CDSL charges + ₹30 request charges
Pledge Creation ₹20 + ₹12 CSDL charges ₹25 per transaction
Pledge Creation Confirmation Nil ₹25 per transaction
Pledge Closure ₹20 + ₹12 CSDL charges ₹25 per transaction
Pledge Closure Confirmation Nil ₹25 per transaction
Pledge Invocation ₹20 ₹25 per transaction
Failed Instruction Charges ₹50 per instraction Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Zerodha vs GCL Securities on Special Offers and Promotion

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

Compare Zerodha vs GCL Securities on Special Offers and Promotion
  Zerodha GCL Securities
Pay In and Pay Out Options Zerodha vs GCL Securities - Pay In and Pay Out Options pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Kite
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time Zerodha vs GCL Securities - Payout Time Max 24 hrs except for bank holidays Info Not Available
Bank Supported and Charges Zerodha vs GCL Securities - Bank Supported and Charges Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI). Info Not Available
Bank Detail HDFC Bank
Account#ZERNSE
Branch: Sandoz Branch, Mumbai
IFSC Code:HDFC0000240
Info Not Available
Likes

You will enjoy many benefits or advantages while trading with Zerodha;

  • Rs 0 brokerage on investment in stocks
  • Flat Rs 20 intraday and F&O trades
  • Invest in direct mutual funds for free
  • Instant and paperless account opening and closure
  • Mainboard and SME IPO Apply via UPI
  • Modern platforms and apps for free of cost
  • Varsity, a free stock market learning platform
  • No upfront fee required
  • Advance orders; Basket order, Cover order (CO), After market order, GTT, etc.
  • Zero-level Debt Company.

Detail Review...

Detail Review...

Dislikes
  • Does not offer Lifetime free AMC account
  • No intraday tips, equity research and advisory
  • No unlimited zero brokerage plan for intraday traders
  • No 3-in-1 account
  • Bracket order is not offered by Zerodha
  • No Installable trading terminal
  • Zerodha has a separate platform for every investment product i.e., Kite for stocks, coin for mutual fund, Golden Pi for bonds, etc.
  • Software glitches in Kite happens at certain times.

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 Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2024-03-07T01:14:16+00:00