About GCSL
Overview
GCSL is a company registered in India on 3 July 2019, with its registered address at 100A/1 Ground Floor, The Capital Court, OLOF Palme Marg, Munirka, New Delhi, Delhi 110067. According to our records, the firm does not hold any regulatory licences from Indian authorities such as SEBI or any international financial regulator. The official domain listed is gogiacap.com.
The name 'GCSL' may be associated with Gogia Capital Services Limited or a similar entity, but the website at gogiacap.com primarily promotes 'Gogia Capital Growth Ltd' – a different company that is registered with SEBI as a stockbroker and depository participant. This disconnect between the registered name and the website content creates ambiguity about the true operator behind the domain.
Regulation and Licensing
FXCanary’s assessment confirms that GCSL has no regulatory oversight from any recognised financial authority. The registered address in New Delhi does not correspond to the office address listed on the website for Gogia Capital Growth Ltd (31, Basement, Community Center, Vasant Lok, Vasant Vihar, New Delhi – 110057). The absence of a verifiable licence is a significant red flag for traders seeking protection under a regulatory framework.
While the website displays SEBI registration numbers for Gogia Capital Growth Ltd (e.g., INZ00020273 for trading, IN-DP-582-2021 for depository), these belong to a separate legal entity. GCSL itself is not listed on the SEBI website, and no evidence connects it to those registrations. Traders should treat GCSL as an unregulated entity operating without independent oversight.
Products and Services (Inferred from Website)
The website gogiacap.com advertises equity trading (intraday and delivery), equity F&O, commodity trading on MCX, mutual funds, IPOs/NFOs, and physical share dematerialisation. However, these services are explicitly offered by Gogia Capital Growth Ltd, not GCSL. It is unclear whether GCSL provides any financial services directly, or whether the domain is merely a landing page for a different firm.
Because of the mismatch between the registered entity and the website content, potential clients cannot reliably determine what products or accounts GCSL offers. The only concrete information is the company’s registration details in India, which indicate it was incorporated in 2019 and may be involved in capital services or investment activities.
Account Types and Platforms
No specific account types or trading platforms are mentioned in the official records for GCSL. The website references a mobile app called 'Gogia XTS' available on Google Play, but that is part of Gogia Capital Growth Ltd’s offering. There is no independent information about minimum deposit requirements, leverage options, or spreads offered by GCSL.
Traders should be cautious: without transparent account terms or platform details, it is impossible to assess the trading conditions or the reliability of the broker’s execution.
Who is GCSL For?
Given the lack of regulation and the confusion with a separate SEBI-registered broker, GCSL appears to be an entity that does not actively market to retail forex or CFD traders. It is not a suitable choice for anyone seeking a regulated broker with a clear license and established reputation.
The absence of user reviews and independent information further compounds the risk. Traders who encounter the name 'GCSL' or the domain gogiacap.com should verify the legal entity they are dealing with and insist on proof of regulatory registration before depositing funds.
Overview compiled by FXCanary from regulatory records and public data. full GCSL review