GEPL Capital Review
GEPL Capital is an Indian full-service broker established in the year 1997 by Mr. Vivek Gupta. The headquarters of the financial firm is situated in the city of Mumbai, Maharashtra.
The broker effectively managed to spread its service in 9 major states of India with over 150 offline branches. The Broker holds its own depository participation with CSDL.
The broker offers a variety of trading segments, including Equities, commodities, and F&O.
The investment portion of the broker is backed up by a specialized team to assure all technical and fundamental research reports offerings.
Also, the gepl capital review offers a hand full of products ranging from Bonds, NCDs, insurance schemes, and many more.
The company also owns a subsidiary named GEPL Commodities Pvt Ltd to provide commodity related services with live membership in NCDEX and MCX.
The customer services offered by the broker is quite good as it opens up multiple channels to communicate freely.
It includes email, call and trade, relationship manager assistance and other additional helplines also.
Here are some most important services and products GEPL Capital offers to its Clients:
- Equity trading
- IPOs
- NCDs
- Fixed Deposits
- Bonds
- Futures and options
- Commodities
- Debt Services
- Insurance
- Mutual Funds
GEPL Capital Trading Platforms and Softwares.
GEPL PRO – The Mobile Trading Platform
The GEPL Pro is the official mobile trading application offered by GEPL Capital to its users. The mobile trading application offers convenient mobile-friendly day to day trading on the go.
The main aim to launch this mobile-based trading platform is to boost trading efficiency and to generate highly profitable trade.
Here are some features of the mobile trading application:
- Easy to access anywhere, anytime and by anyone without worrying about hardware requirements for trading.
- It offers on the go fast trading and with best ever experience.
- It allows the investor to explore the stock market for better trading and investment options.
- Monitoring holding within the application
- Research reports availability
- Technical charts (monthly and weekly)
GEPL WEB – The official Web trading terminal
The web trading terminal is very useful to offer a device-independent flexible trading platform. It is one of the best and easiest options to jump into trading with any device lying around you in no time.
Open your favourite web browser, including Google Chrome, Firefox, or any other. Open the official trading web page start trading will flexible and secure operations.
Here are some essential features of the web-based trading platform:
- Multiple segments with order placement for buying and selling
- The availability of trade quotes on a real-time basis based on price and volume
- It allows the user to monitor position book
- The investor can check all orders placed previously during the trading day.
- It allows the users to modify order books and also helps in deleting the orders.
GEPL TRADER – The Official Desktop-based trading platform
Trading like a professional is not an easy task for every beginner. So to resolve the issue, the GEPL Capital offers its effective and most impressive online Desktop trading platform. It mainly helps the user to understand all the details of trading without any ambiguity.
Here are some best features of GEPL Trader:
- It is the most accessible Desktop trading software with the least hassles.
- It includes almost all trading features including real-time stock market
- Trading with this application offers the best experience with simple steps to place an order.
- It helps the user to monitor old trade history and analyze the latest trade transactions
- The investor will receive research reports, including both technical and fundamental reports.
GEPL Capital Customer Care, Support and Office Addresses
GEPL Capital offers a variety of channels to its clients for customer support and services. Here are some ways you can get in touch with the broking officials:
- Via Email
- Over phone
- Offline branches
- Compliance Officer
Corporate Office | D-21 Dhanraj Mahal,C.S.M Marg,Colaba,Mumbai – 400001 Contact No. +91 22 66182400 Email Id – [email protected] |
Compliance Officer | Subhash D Sharma Contact No. +91 22 66182400 [email protected] |
Support for Grievances | Email Ids: [email protected] [email protected] [email protected] Contact No. +91 22 66142700 |
For Account Opening | Call us: +91 2266182400 Mail Us: [email protected] |
Call and Trade | +91 2266182377/66182378 |
Support Related Queries | Call us: +91 2266142700 Mail Us: [email protected] |
For Partners | Call us: +91 2266142700 Mail Us: [email protected] |
GEPL Capital Research And Market Analysis Reports
Being a full-service broker, GEPL Capital offers a variety of research, market analysis reports including stock and trade tips to its users for better productivity.
The gepl capital review offers the best in-depth research reports with advisory tips to help their clients with better trading options.
Here are some research and advisory reports GEPL Capital offers:
- Technical research reports
- Fundamental reports
- IPO reports
- Monthly reports
- Weekly reports
- Daily reports
- Annual reports
- Free stock tips
- Top picks recommendations
- Dedicated relationship manager
- Market position reports
GEPL Capital Prices and Charges
GEPL Capital Account Opening Charges
The broker levied some amount of charges for opening accounts and its AMCs. Here are the detailed mentioned below:
Segments | Account Opening Charges |
One time Account Opening charges for Trading | Rs. 100 |
DEMAT Account Charges for Opening | Rs. 0 |
AMC for Trading Account | Rs. 0 |
AMC of DEMAT Account | Rs. 250 |
Minimum Margin Money | Rs. 10,000 |
The broker is India’s one of the biggest financial service provider, and the charges are very minimal when compared with other big players.
The stockbroker demands Rs. 100 for opening a Trading Account and charges Rs. 250 for DEMAT Account AMC.
However, the broker charges nothing for DEMAT Account opening and Trading Account AMC. But being a trader, it’s mandatory to deposit minimum margin money of Rs. 10,000 to start the game of trading.
GEPL Capital Brokerage Charges and Plans
The full-service broker offers best in class brokerage plans based on customer preferences and needs. Here are some details:
1.GEPL Capital Brokerage Charges
When comparing the brokerage charges with other big full-service brokers, the GEPL capital charges lower brokerage with no complications. Here are the details of the brokerage rates mentioned below:
Segments | Brokerage Charges |
Equity Delivery | 0.3% |
Equity Future | 0.03% |
Equity Intraday | 0.03% |
Equity Options | Rs. 35 / contract |
Currency Options | Rs. 5 / contract |
Commodity | 0.03% |
Currency Futures | Rs. 10 /contract |
After checking out all the data above, let us discuss them in detail. As the broker offers all the services of a full-service broker but still managed to keep the brokerage rate as minimum as possible.
GEPL capital charges 0.3% brokerage for Equity Delivery and 0.03% brokerage for both Equity Intraday and Equity futures.
However, the broker charges some per contract basis brokerage like Rs. 35 / contract for Equity Options, Rs 5 / contract for Currency Options and Rs. 10/ contract for Currency Futures. Lastly, the brokerage for Commodity is 0.03%.
2.GEPL Capital Other Charges
Here in this table, we had mentioned all the GEPL Capital other charges with all details:
Segments | Other Charges |
STT | 0.0112% of total Turnover |
Stamp Duty | Very minimal and varies from one state to another |
Transaction Charges | 0.0029% of Total Turnover |
SEBI Turnover Charges | 0.0007% of Total Turnover |
GST | 18% Of (Transaction Charges + Brokerage) |
In the field of very trading broker imposes certain additional mandatory charges apart from the brokerage charges.
The broker charges some minimal transaction charges of 0.0029% of the total turnover, 0.01125% of total turnovers as STT charge and 0.0007% of the total turnover as SEBI turnover charges.
Lastly, the Stamp duty charge varies from one state to another with a GST charge of 18% of (transaction and brokerage).
GEPL Capital Margin and Exposure
In this section, you will get all the details of the margin and leverage offered by the broker. It mainly helps in grabbing the best trade profits without losing any single trade placement.
Segments | Margin and Exposure |
Equity Intraday | Up to 7 times |
Equity Delivery | Up to 2 times |
Currency Futures | Up to 3 times |
Equity Futures | Up to 4 times |
Equity options | Up to 4 times |
Commodity | Up to 3 times |
Currency Options | Up to 3 times |
The broker offers a variety of exposure and margin to boost up the trading performance of the traders. The stockbroker offers maximum brokerage of up to 7 times in the case of Equity Intraday, up to 4 times margin for Equity Futures and Equity Options.
Moreover, it offers up to 3 times leverage on Currency Options, commodity, currency Futures, whereas the broker offers only 2 times the exposure for Equity Delivery.
Lastly, the broker offers an official margin calculator for better clarity in margin calculations.
GEPL Capital Comparison with its Closest Competitor
GEPL Capital Comparison With Closet Discount Brokers
Broker | GEPL Capital | 5paisa | Zerodha | Upstox |
Service Type | Full-Service Broker | Online Discount Stock Broker | Online Discount Stock Broker | Online Discount Stock Broker |
Brokerage Range | 0.03% to 0.30% | Fixed charge of Rs. 10 | Fixed charge of Rs. 20 | Fixed charge of Rs. 20 |
Account Type | 3 in 1 | 2 in 1 (Trading and DEMAT) | 2 in 1 (Trading and DEMAT) | 2 in 1 (Trading and DEMAT) |
Equity Delivery | 0.3% or 30 paisa | Rs. 10 (Fixed) | Rs. 0 | Rs. 0 or no charge |
Equity Intraday | Rs. 0.03 or 0.03% (lowest will be preferred) | Fixed charge of Rs. 10 | Rs. 20 or 0.01% (lowest will be preferred) | Rs. 20 or 0.01% (lowest will be preferred) |
Equity Futures | 0.03% or 3 paisa | Rs. 10 (Fixed) | Rs. 20 or 0.01% (lowest will be preferred) | Rs. 20 or 0.01% (lowest will be preferred) |
Equity options | Rs. 35 Per Lot | Rs. 10 (Fixed) | Rs. 20 (Fixed) | Rs. 20 (Fixed) |
CommodityOption | 0.03% or 3 paisa | Rs. 10 (Fixed) | Rs. 20 (Fixed) | Rs. 20 (Fixed) |
Currency futures | 0.03% or 3 paisa | Rs. 10 (Fixed) | Rs. 20 or 0.01% (lowest will be preferred) | Rs. 20 or 0.01% (lowest will be preferred) |
Currency options | Rs. 5 Per Lot | Rs. 10 (Fixed) | Rs. 20 (Fixed) | Rs. 20 (Fixed) |
Rating | 3.8 out of 5 | 4.0 out of 5 | 4.3 out of 5 | out of 5 |
GEPL Capital Comparison with Closet Full Service Broker.
Broker | The GEPL Capital Pvt Ltd | Sharekhan Online Trading | Angel broking online trade | Edelweiss financial service Ltd |
Service Type | The financial firm offers full service broking | The financial firm offers full service broking | The financial firm offers full service broking | The financial firm offers full service broking |
Brokerage Range | The percentage ranging from 0.03 percent to 0.30 percent based of trade order | The percentage ranging from 0.10 percent to 0.50 percent based of trade order | Varies from Rs. 15 to Rs.30 depending upon the segment | Varies from Rs. 10 to 0.5% depending upon the segment |
Account Type | 3 in 1 | 2 in 1 (Trading and DEMAT) | 2 in 1(Trading and DEMAT) | 2 in 1 (Trading and DEMAT) |
Equity Delivery | 0.3% or 30 paisa | 0.5% or 50 paisa (lowest will be considered) | If under Rs. 50,000 then Rs. 15 will be chargedIf above Rs. 50,000 then Rs. 30 will be charged | Rs.10 or 0.01% (lowest will be considered) |
Equity Intraday | 0.03% or 3 paisa | 0.1% or 10 paisa (lowest will be considered) | If under Rs. 50,000 then Rs. 15 will be chargedIf above Rs. 50,000 then Rs. 30 will be charged | Rs.10 or 0.01% (lowest will be considered) |
Equity Futures | 0.03% or 3 paisa | 0.1% or 10 paisa (lowest will be considered) | Rs. 30 (fixed Charge) | Rs.10 or 0.01% (lowest will be considered) |
Equity options | Rs. 35 Per Lot | Rs. 250 only or 2.5 percent of the premium (higher value will be considered) | Rs. 30 (fixed Charge) | Rs. 10 (fixed Charge) |
Commodity | The percent charges is 0.03 or Rs. 0.03 per order (lowest charge will be considered) | The charge varies from 0.1 percent or Rs. 0.10 (lowest will be considered) | Rs. 30 (fixed Charge) | Not Applicable |
Currency futures | 0.03% or 3 paisa | 0.1% or Rs. 0.10 (lowest will be considered) | Rs. 30 (fixed Charge) | Rs.10 or 0.01% (lowest will be considered) |
Currency options | Rs. 5 Per Lot | Rs. 250 only or 2.5 percent of the premium (higher value will be considered) | Rs. 30 (fixed Charge) | Rs. 10 (fixed charge) |
Rating | 3.8 out of 5 | 4.0 out of 5 | 4.3 out of 5 | 4.1 out of 5 |
GEPL Capital Complaints received at BSE/NSE Stock Exchanges
Here are some details of complains raised by users against the GEPL Capital:
Exchange | Financial Year | Number of Clients | Total Complaints |
BSE | 2019-20 | 2,208 | 1 |
NSE | 2018-19 | 7,582 | 1 |
NSE | 2015-16 | 5,924 | 1 |
BSE | 2014-15 | 3,136 | 2 |
NSE | 2014-15 | 5,968 | 2 |
NSE | 2013-14 | 4,883 | 1 |
NSE | 2012-13 | 19,049 | 2 |
BSE | 2011-12 | 17,092 | 2 |
NSE | 2011-12 | 17,093 | 6 |
With these reports, you will know about the health of the broker in resolving the trade-related grievances between the customer and the broker.
GEPL Capital Merits and Demerits
GEPL Capital Merits
- Offers low-security deposit
- Best revenue sharing package
- Variety of research reports and trading segments
- You can customize the brokerage plans and rate on demand mutual discussion with the broker.
GEPL Capital Demerits
- The product and services offered by the broker are not top of the notch rather considered to be an average offering.
- The broker doesn’t offer 3 in 1 account facility
- No offline to the online trading facility available.
Conclusion
The Broker GEPL Capital offers a variety of services and trading platforms considering every single user and its needs and preferences. Moreover, you can design customized brokerage plans suiting your trade pattern and style.
The only disadvantage of this broker that we must include in GEPL Capital Review is that offers old designed trading tools, poorly managed marketing strategies.
In addition, the official trading website is also not very responsive. The broker needs to work a lot in improving its services and trading platforms in order to deal with other big full-service stockbrokers.
GEPL Capital FAQs
Q1. What is the STT charge of GEPL Capital?
Ans. GEPL Capital Charges 0.0112% of total Turnover for STT.
Q2. Mention the exact transaction fees demanded by GEPL Pvt ltd.
Ans. The Exact transaction fee demanded by GEPL Pvt ltd is 0.0029 percent.
Q3. How much does GEPL Capital Charges for SEBI Turnover charges?
Ans. GEPL Capital Charges 0.0007% of total Turnover for SEBI Turnover charges.
Q4. What is the GST of GEPL Capital?
Ans. GEPL Capital Charges 18% of (Transaction Charges + Brokerage) for GST.
Q5. How much leverage does GEPL Capital Offers for Equity Intraday?
Ans. GEPL Capital Offers up to 7 times margin for Equity Intraday.