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 ICICIDirect Vs Geojit Share Broker Comparison

The side-by-side comparison of ICICI Securities Pvt Ltd. and Geojit BNP Paribas stock brokers in India. The comparison below highlights the similarities and differences between ICICIDirect and Geojit's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among ICICIDirect and Geojit.

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ICICI Securities Pvt Ltd.

Geojit BNP Paribas

About the Broker ICICIdirect is a retail trading and investment service from ICICI Securities, the largest retail stock broker firm in India offering a wide range of investment options to the retail and institutional customers. ICICI Securities is part of ICICI Group... Know more about ICICI Securities Pvt Ltd. 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 experie... Know more about Geojit BNP Paribas
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE BSE, NSE, MCX-SX
Account Type 3-in-1 Account (I-Secure Plan) Online Trading
Broker Enquiry
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Stock Broker Fees / Charges

 ICICIDirectGeojit
Trading Account Opening Fees Rs 975 Rs 800
Trading Account AMC NIL NIL
Demat Account Opening Fees NIL NIL
Demat Account AMC Rs 450 Rs 400
Demat Account is Mandatory?
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Trading Brokerage Charges

 ICICIDirectGeojit
Equity Delivery Brokerage 0.55% 0.30%
Equity Intraday Brokerage 0.275% 0.03%
Equity Futures Brokerage 0.05% - 0.03% 0.03%
Equity Options Brokerage Rs 95 - Rs 65 per lot Rs 75 per lot
Currency Futures Trading Brokerage 0.050% - 0.030%
Currency Options Trading Brokerage Rs 95 - Rs 65 per lot
Commodity Trading Brokerage NA
Other Brokerage Charges
Minimum Brokerage Charges Rs 35 per trade 1p per share or Rs 20/contract whichever is higher
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Transaction Charges

 ICICIDirectGeojit
Equity Delivery NSE: 0.0031% | BSE: 0.0035%
Equity Intraday NSE: 0.0031% | BSE: 0.0035%
Equity Futures 0.00185%
Equity Options 0.05% on Premium
Currency Futures 0.0013%
Currency Options
Commodity NA
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Share Broker Features

 ICICIDirectGeojit
3 in 1 Account
Mobile Trading
Charting
Automated Trading
After Trading Hour Orders
Good Till Cancelled (GTC)
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Combined Ledger for Equity and Commodity
Trading Platform Trade Racer
Intraday Square-off Time
Other Features
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Broker Ratings (Average User Rating)

 ICICIDirectGeojit
  239 Customer Reviews    Rate ICICIDirect 67 Customer Reviews    Rate Geojit
Fees Ratings 2.3 3.7
Trading Brokerage Rating 1.8 3.6
Trading Platform Usability 3.3 4.1
Customer Service Ratings 2.9 4.0
Overall Ratings Rated 2.5 stars Rated 3.9 stars
Broker Rating ICICIDirect is Rated 2.5 / 5 based on 239 customer reviews Geojit is Rated 3.9 / 5 based on 67 customer reviews
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Investment Options Available

 ICICIDirectGeojit
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
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Customer Service Offered

 ICICIDirectGeojit
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
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Research / Tips / Reports Published

 ICICIDirectGeojit
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
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Suitable for Investor Category

 ICICIDirectGeojit
Casual Investor
Active Investor
Trader

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Pros, Cons and Other Review Comments

 ICICIDirectGeojit
Pros
  • Offers 3-in-1 account which makes stock market investment very easy for casual investors.
  • Wide range of investment options available under one portal.
  • Provides a low bandwidth website which works well where internet connection is slow.
  • GTC (good till cancellation) and off-market hours order placement facility is very useful.

More Advantages...

More Advantages...

Cons
  • ICICI Security charges highest brokerage in comparison to most of the retail brokers in India.
  • Very high 'minimum brokerage' of Rs 35 per trade or 2.5% of the trade value whichever is lower.
  • Poor performance of website is reported in peak hours of trading.
  • Trading Terminal (Trade Racer) cost Rs 75 per month if brokerage paid in a month is less then Rs 750.
  • Demat Account is mandatory.
  • Commodity trading is not available for retail investors.

More Disadvantages...

More Disadvantages...

Reviews
Promotions / Offers
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