GCL Securities Account Types

　　GCL Securities offers two types of brokerage plans for its clients: the Premium Plan and the Discount Plan.

• Premium Plan (Full-Service Plan):
• Brokerage Charges:
• Equity Delivery: 0.20%
• Equity Intraday: 0.02%
• Equity Futures: 0.02%
• Equity Options: ₹25 per lot
• Currency Futures: 0.01%
• Currency Options: ₹15 per lot
• Commodity Futures: 0.01%
• Commodity Options: ₹50 per lot
• Features:
• In-person assistance through a relationship manager.
• Free advisory services.
• Free call & trade services.
• Discount Plan:
• Brokerage Charges:
• Flat ₹25 per trade across all segments.
• Features:
• Designed for self-traders who do not require in-person assistance.
• No call & trade facility.

　　Both plans allow clients to trade across multiple segments including equity, derivatives, currency, commodities, mutual funds, and IPOs.

　　

GCL Securities Broker Account Opening Process

　　Opening an account with GCL Securities is straightforward and can be done online or offline.

　　

Online Account Opening Process:

• Visit the Website or Mobile App:
• Go to the GCL Securities website or download the "GCL On Time" mobile app.
• Register Online:
• Click on "Open Instant Account."
• Fill in the client registration form with your mobile number, applicant name, and email ID.
• Generate OTP:
• Generate an OTP for verification.
• Upload Documents:
• Upload the required documents along with a passport-sized photograph.
• Verification:
• The submitted documents will be verified by the broker.
• Account Activation:
• You will receive an email once your account is activated, along with your login credentials.

　　

Offline Account Opening Process:

• Visit a Branch:
• Go to any GCL Securities branch or contact customer support to procure the account opening form.
• Fill the Form:
• Complete the account opening form with necessary details like identity, address, banking details, and trading preferences.
• Attach Documents:
• Attach the required documents to the form.
• Submit the Form:
• Courier the signed form along with all documents to the broker's office for verification.
• Account Activation:
• Once verified, you will receive an email with your account details.

　　

Required Documents:

• PAN Card
• Passport-sized photograph
• Identity proof (Aadhaar card, Voter ID, Passport, Driving License)
• Address proof (Latest bank statement, utility bills)
• Bank proof with MICR/IFSC details (Cancelled cheque, latest bank statement)
• Income proof for derivatives trading (if applicable)

　　GCL Securities provides free account opening with no charges for trading or demat accounts. The annual maintenance charge (AMC) for the demat account is ₹300, or a lifetime free AMC for a one-time fee of ₹1,250.