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Geojit Vs IIFL Securities (Compare Geojit and IIFL Securities)

About Geojit
Incorporated in 1987, Geojit BNP Paribas (Geojit) is one of the major stock brokers based in India. Geojit is based in Kochi, Kerala and has the strong presence in Gulf. Geojit BNP Paribas is cash equity and derivatives broker with extensive experience in Portfolio Management Services and the distribution of financial products: mutual funds and life insurance. Geojit provides stock trading at NSE and BSE stock exchanges through a strong network of around 500 branches and its state of art onl...

Geojit Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

About IIFL Securities
Incorporated in 1995, IIFL Securities is one of the largest full-service stockbrokers in India. IIFL Securities is part of IIFL Group, a leading financial service provider offering a wide range of services. IIFL is a well-recognized brand for the quality of its advice, personalized service, and the use of cutting-edge technology. IIFL Securities offers online trading and research-based advisory services for an entire range of financial products as Stocks, Derivatives, Commodities, Insurance, FD...

IIFL Securities Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

Geojit Vs IIFL Securities

Incorporated in 1987, Geojit is a Full Service Broker. It offers trading at BSE, NSE, MCX-SX. It has 509 branches across India. Incorporated in 1996, IIFL Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX. It has 900 branches across India.

	Geojit	IIFL Securities
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	BSE, NSE, MCX-SX	NSE, BSE, MCX
Year of Incorporation	1987	1996
Number of Branches	509	900
		Open IIFL Securities Account

Geojit Vs IIFL Securities Charges & AMC

Geojit trading account opening charges is Rs 0 (Free) while IIFL Securities account opening changes is Rs 0 (Free). Geojit Demat Account AMC Charges is Rs 400 per year and IIFL Securities Demat Account AMC Charges is Rs 250 (Free for 1st year).

	Geojit	IIFL Securities
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0 (Free)	Rs 0
Demat Account Opening Charges	Rs 0 (Free)	Rs 0
Demat Account AMC Charges	Rs 400 per year	Rs 250 (Free for 1st year)

Geojit Vs IIFL Securities Brokerage

Geojit brokerage charges for equity is 0.30% and intraday is 0.03% whereas IIFL Securities brokerage charges for equity is Rs 20 per order and intraday is Rs 20 per order.

Account Type	Geojit Online Traditional Plan	IIFL Securities iServe
Fixed Charges		NA
Equity Delivery	0.30%	Rs 20 per order
Equity Intraday	0.03%	Rs 20 per order
Equity Futures	0.01%	Rs 20 per order
Equity Options	Rs 50 per lot	Rs 20 per order
Currency Futures	0.01%	Rs 20 per order
Currency Options	Rs 50 per lot	Rs 20 per order
Commodity Futures	NA	Rs 20 per order
Commodity Options	NA	Rs 20 per order
Special Offer	Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.	Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.

Geojit Vs IIFL Securities Brokerage Plan 2

	Geojit	IIFL Securities
Account Type	GTrade Max	iServe
Fixed Charges		NA
Equity Delivery	0.30%	Rs 20 per order
Equity Intraday	Rs 20 per trade or 0.03% which is lower	Rs 20 per order
Equity Futures	Rs 40 per lot	Rs 20 per order
Equity Options	Rs 20 per lot	Rs 20 per order
Currency Futures	Rs 40 per lot	Rs 20 per order
Currency Options	Rs 20 per lot	Rs 20 per order
Commodity Futures	NA	Rs 20 per order
Commodity Options	NA	Rs 20 per order
		Open IIFL Securities Account

Geojit Charges Vs IIFL Securities

Minimum Brokerage	1p per share or Rs 20/contract whichever is higher
Other Charges	Intraday Auto Square off at Rs 20 per lot	Advisory SMS - Rs 50 per month
Call & Trade Charges		Rs 50 per call

Geojit Vs IIFL Securities Transaction Charges

Geojit transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while IIFL Securities exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).

	Geojit	IIFL Securities
Equity Delivery	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures	NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0	NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0
Equity Options	NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3700 per Cr (0.037%) (on premium)	NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures	NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)	NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)
Currency Options	NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)	NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	NA	Group A - Rs 280 per Cr (0.0028%)
		Open IIFL Securities Account

Geojit Vs IIFL Securities Leverage (Margin)

Geojit margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the IIFL Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	Geojit	IIFL Securities
Equity Delivery	100% of trade value (1x leverage)	100% of trade value (1x leverage)
Equity Intraday	Up to 20% of trade value (5x leverage)	Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)	100% of NRML margin (Span + Exposure) (1x leverage)	100% of NRML margin (Span + Exposure) (1x leverage)
		Open IIFL Securities Account

Compare Geojit and IIFL Securities Features

The trading platforms offered Geojit include Selfie Platinum, Selfie Gold, Mobile App. IIFL Securities offers IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App trading software.

	Geojit	IIFL Securities
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Selfie Platinum, Selfie Gold, Mobile App	IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App
Intraday Square-off Time
Trading In SME Shares Allowed?
Referral Program
Other Features
		Open IIFL Securities Account

Geojit Vs IIFL Securities Review

Geojit is rated 3.6 of 5 based on 110 customer reviews whereas IIFL Securities is rated 2.6 of 5 based on 130 customer reviews.

	Geojit	IIFL Securities
	110 Customer Reviews	130 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Geojit is rated 3.6 of 5 based on 110 customer reviews	IIFL Securities is rated 2.6 of 5 based on 130 customer reviews

Contact Broker / Request A Call Back

	Geojit Enquire	IIFL Securities Enquire
Contact Broker	Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.	Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.

Geojit Vs IIFL Securities Investment Options

	Geojit	IIFL Securities
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance	Insurance

Geojit Vs IIFL Securities Order Type Offered

	Geojit	IIFL Securities
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
		Open IIFL Securities Account

Geojit Vs IIFL Securities Research Report

	Geojit	IIFL Securities
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Geojit Vs IIFL Securities Suitable For Investor Type

	Geojit	IIFL Securities
Casual Investor
Active Investor
Trader

Geojit Vs IIFL Securities - Pros and Cons

	Geojit	IIFL Securities
Pros	Free research and ecommendations. Free account opening. Rs 20 per trade Intraday trading brokerage in GTrade Max plan. 4 times exposure through MTF Access to 472 branches for customer support. Offices in UAE, Oman, Bahrain and Kuwait to help NRI investors. Excellent online trading platforms.	Full-service broker offering quality research and recommendations. Flat Rs 20 per trade brokerage for Intraday & F&O. IIFL offers Equity SIP and Mutual Fund SIP. Margin funding is available. IIFL Securities is a publicly-traded company listed at BSE and NSE.
Cons	High brokerage charges across all segment in comparision to other full-service brokers like Angel Broking, IIFL and Edelseiss. High minimum brokerage charges of Rs 20 per lot or 1 paisa per share whichever is higher.	Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges. Equity delivery brokerage is charged at flat Rs 20 per trade. It doesn't offer Direct Mutual Funds. Call & trade changes are Rs 50 per call.
Reviews
Promo / Offers	Zerodha (India's Best & No. 1 Broker) Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews	IIFL Securities Special Offer Flat Rs 20 Per Trade Brokerage + Free Account Opening Flat Rs 20 per trade brokerage for delivery, intraday and F&O + Trade with the best rated mobile trading app. This is a limited-time offer. Open FREE Instant IIFL Account online and start trading today.
		Open IIFL Securities Account

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Compare Geojit	Compare IIFL Securities
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