Gogia Capital Review, Brokerage Charges, Demat Account & more
Last Updated Date: Dec 02, 2022Gogia Capital Services Limited or GCSL is a renowned brokerage and financial service company in the country. It is a member of NSE, BSE MCX-SX, and NCDEX.
It is also enlisted on BSE and in this article, you will find the intricate details about the company.
This is a Gogia Capital Services review article that will guide you about their brokerage charges, demat account opening process, offers, exposure, trading platforms & more.
Gogia Capital Ratings & Review by Top10StockBroker
Experience | 2.5/5 |
Products & Services | 3.4/5 |
Brokerage Charges & Fees | 3.3/5 |
Stock Research & Advisory | 2.6/5 |
Trading Platforms | 2.4/5 |
Overall Ratings | 2.7/5 |
Star Ratings | ★★★☆☆ |
About Gogia Capital
Company Type | Public |
Broker Type | Full Service Broker |
Headquarters | New Delhi, Delhi |
Founder | Satish Gogia |
Established Year | 1994 |
Gogia Capital Services was founded by Mr. Satish Gogia in the year 1994 and it was enlisted on BSE in 1995.
The company has been running as a full-service broker and catering to the needs of the investors.
It is one of the leading share broking firms with various services and products and extremely efficient executives who are always there to help the clients.
Open Demat Account with Gogia Capital
Gogia Capital Brokerage Charges
Equity Delivery Trading | 0.25% |
Equity Intraday Trading | 0.03% |
Commodity Options Trading | 0.03% |
Equity Futures Trading | 0.03% |
Equity Options Trading | Rs.25 per Lot |
Currency Futures Trading | 0.03% |
Currency Options Trading | Rs.15 per Lot |
Minimum Brokerage | Percentage of Transaction |
Demat AMC Charges | Rs.300 per Annum |
Trading AMC Charges | Free |
Margin Money | Zero Margin |
Brokerage Calculator | Gogia Capital Brokerage Calculator |
As a client, you would be first interested to know about the different brokerage plans of Gogia Capital Services, and here are the charges –
- Equity delivery segment, the brokerage charged it is 0.25% and for the equity intraday, it is 0.03%.
- In Commodities and the Futures, the rate is 0.03% again
- For the options – it is Rs 25 per lot for the equity options and Rs. 15 per lot for the currency options.
Gogia Capital Other Charges
Transaction Charges | 0.00300% |
STT | 0.0126% of Total Turnover |
SEBI Turnover Charges | 0.0002% of Total Turnover |
Stamp Duty | Depends on State (very minimal) |
GST | 18% of (Brokerage + Transaction Charges) |
There are charges apart from the brokerage charges which can be referred as the Gogia Capital Services other charges and they include the STT of 0.0126% and SEBI turnover charges at the rate 0.0002% on the full turnover.
Apart from the transaction charges of 0.00300% and 18% GST on the same plus brokerage. The stamp duty is charged at a nominal rate as prevailing in the state where the investor is trading from.
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Gogia Capital Demat Account Opening Fees
Depository Source | CDSL & NSDL |
Account Opening Charges | Zero |
Demat AMC Charges | Rs.300 per Annum |
Trading AMC Charges | Free |
Margin Money | Zero Margin |
Offline to Online | Yes |
For opening Gogia Capital Demat account one needs to pay nothing as it is free of cost. It is the same for the trading account as well.
The only charge which is payable is Rs.300 against the yearly maintenance of the Demat account. The broking house also do not asks for any margin money requirement.
Gogia Capital Offers
Free Demat Account | No |
Free Trading Account | Yes |
Discount on Brokerage | Yes |
Trading Happy Hours | No |
Flexible Brokerage Plans | No |
1 Month Brokerage Free | Yes |
Holiday Offers | Yes |
Referral Offers | No |
Zero Brokerage for Loss Making Trades | No |
There are various offers of Gogia Capital Services –
- You can open trading and Demat account for free
- You get various discounts on the brokerages
- For the initial one month, no brokerages charged
- Variety of holiday offers
How to Open a Demat Account with Gogia Capital?
For opening Gogia Capital Services account, you need to –
- Click on Open Demat Account button below and fill it with proper and correct details of yours.
- The Gogia Capital Services representative will call you up instantly when you submit the form on the website and arrange for a meeting
- You have to provide them with the necessary documents for verification purpose. The documents will include PAN, AADHAAR, Voter ID, Address proof and other details.
- On verifying your details and documents, if they are approved you will receive the credentials of the trading and Demat account.
Why Open Gogia Capital Trading Account?
The various reasons to open trading account with the stock broker –
- You can consider Gogia Capital Services for their excellent customer service
- They have a very nominal brokerage charges
- They have a variety of trading platforms
- One of the leading brokerage in the country with around 25 years of experience in the industry
- Variety of financial products to trade and deal in.
Get a Call back from Gogia Capital
Gogia Capital Products & Services:
Here are the list of Products & Services provided by the broking company –
Products Offered by Gogia Capital:
Equity Trading | Yes |
Commodity Trading | Yes |
Currency Trading | Yes |
Options | Yes |
Futures | Yes |
Mutual Funds | Yes |
Forex | No |
Banking | No |
SIP | Yes |
Insurance | Yes |
From equity products to the currencies, Gogia Capital Services products include them all.
It has commodities, futures, and options like most of the other brokerage companies but some of its unique product as a brokerage company is mutual funds and SIP investment products and also insurance.
Gogia Capital Service Offerings:
Demat Services | Yes |
Trading Services | Yes |
3 in 1 Acount | No |
Intraday Services | Yes |
IPO Services | Yes |
Stock Recommendations | No |
Robo Advisory | No |
PMS | No |
Trading Institution | Yes |
Trading Exposure | Upto 5X |
The services of Gogia Capital Services includes trading and Demat services along with IPO.
It also has a knowledge bank with a lot of resources for investors who want to know and learn about the stock market. it also provides intraday services.
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Gogia Capital Research, Advisory and Stock Tips
Fundamental Reports | No |
Research Reports | No |
Company Reports | No |
Annual Reports | No |
Company Stock Review | No |
Free Stock Tips | Yes |
IPO Reports | Yes |
Top Picks | Yes |
Daily Market Review | Yes |
Monthly Reports | Yes |
Weekly Reports | Yes |
Offline Advisory | Yes |
Relationship Manager | Yes |
Gogia Capital Services research and advisory team are extremely efficient and deliberate about their job.
The research team supplies the clients with free stock tips, daily, weekly, and also monthly stock or company reports. Investors also get reports on upcoming & current IPOs.
The relationship managers are always there to guide you with specialized advises you need for trading.
They also provide offline advisory services and you also get top picks for the day from the research team of the broking house.
Gogia Capital Exposure or Leverage
Equity Delivery | Upto 1X |
Equity Intraday | Upto 5X |
Equity Futures | Upto 2X |
Equity Options | Upto 2X |
Currency Futures | Upto 3X |
Currency Options | Upto 3X |
Commodities | Upto 3X |
Margin Calculator | Gogia Capital Margin Calculator |
For the equity delivery segment, you may not get any exposure but for the intraday segment of equity you can get up to 5 times leverage.
The leverage for other segments like equity futures and equity options is 2 time at the maximum while it is up to 3 times for the currency segment for both futures and options and also for the commodities.
Check Margin or Exposure of other stock brokers
Gogia Capital Trading Platforms
Here are the thorough details on various trading platforms offered by Gogia Capital to its consumers. All the platforms have been established in-house and always get progressed on an unremitting basis.
Desktop Platform – Windows | Yes |
Desktop Platform – Mac | No |
Desktop Browser Platform | No |
Mobile Site Platform | No |
Android App Platform | Yes |
iOS App Platform | Yes |
Windows App Platform | No |
Other Mobile OS Platform | No |
Real time Updates | Yes |
Portfolio Details | Yes |
Online MF Buy | Yes |
News Flash | Yes |
Research Reports | No |
Easy Installation | No |
Global Indices | Yes |
Stock Tips | Yes |
Personalized Advisory | No |
Interactive Charts | No |
Live Markets | Yes |
SMS Alerts | No |
Email Alerts | Yes |
Multi Account Management | No |
Gogia Capital Trading Terminal
- The trading terminal of Gogia Capital Services is to be downloaded from the site. It operates on the Windows desktop.
- The platform supports charts, technical analysis, real-time updates, and news flash for informed trading experience
- On this platform, one can also buy mutual funds apart from the stocks and other financial instruments
- Various global indices can be followed on the platform
- Email alerts for your trades are available
Gogia Capital Web-based Trading Platform
As of now, the company hasn’t developed the web-based trading platform for the clients and the investors. But you can hope to get it very soon.
Gogia Capital Services Mobile Trading App
- Live markets can be followed on the mobile screen via a mobile app which you have to download. It is an application based platform that works on Android and iOS.
- Global indices are present on this application
- You can track your profile by adding it to the screen
- You can get all the real-time updates of the market and trade according
- The trading is smooth and quick to book the best prices.
Gogia Capital Customer Care
Dedicated Dealer | No |
Offline Trading | Yes |
Online Trading | Yes |
24*7 Support | No |
Support Number | NA |
Email Support | Yes |
Chat Support | No |
Toll Free Number | No |
Branches | 380 |
The Gogia Capital customer care is quite up to the mark and it provides email, online and offline support.
You can call or connect via email for your queries about the products and services, brokerage, trading terminal and anything related to the investment.
There are around 380 branches of Gogia Capital Services customer services.
Gogia Capital Complaints and Feedback
Find the list of complaint against Gogia Capital –
Lodged in BSE | 0 |
Resolved in BSE | 0 |
Lodged in NSE | 3 |
Resolved in NSE | 3 |
As per the last year’s report mentioned in the table above you can see that the company had only three complaints against it which were also resolved in the same year.
Gogia Capital Disadvantages:
Some of the negative points of Gogia capital is listed below –
- The company does not provide round the clock customer service.
- There is no web-based platform for trading
- The leverage level provided is low
- No annual reports are provided by the research team
Gogia Capital Conclusion
With an experience of 25 years in the industry, Gogia Capital Services has been leading the industry in many segments as a top share broker.
The experience of trading on their platforms and with the services provided by them is always great and makes trading more meaningful.
Open Demat Account with Gogia Capital
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