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...
Stock Broker Review Ratings
155. Geojit bnp paribas Nov 25, 2011 10:40:13 AM IST | Reply
Hi Intra Day Trader ,
Wel come to Geojit. 20/- Brokerage means minimum 20/- brokerage for intraday for an online client. For example if you bought some shares of Rs. 30000/- and sold them at 35000/- it means you have done a volume of 65000/- so brokerage will be 19.50/- as intraday day brokerage is 0.03% or Minimum 20/- or 1 paisa per share whichever is higher. so in this case you will be charge 20/-. We provide upto 10 time exosure for intraday, for example you will have to give only 10% if you want to buy 100 reliance for intraday. We have a experianced technical team who gives calls during market hours in your trading terminal. You can trade with us in three diffrenet ways. 1. Flip Platinium Software. 2. Flip Gold platforme 3. Flip-Me Mobile Software or through any branch in the country, or through customer care toll free no. Flip-Me is our mobile based award winning software. Regarding AMOs, it is not true that AMO orders placed after 10.30am, after market get open orders sends to exchange at the same time but it depends when your order come because the procedure is FIFO.
Hope your queries solved.
154. Intra Day Trader Nov 24, 2011 5:47:19 PM IST | Reply
Hi, I have an account with ICICI and Reliance already. ICICI has a very high brokerage which led me to Reliance. Account with reliance is a new account and I have not started using it to its full capacity yet.
I came to know about Geojit recently. First thing that attracted me to it was Rs 20/- brokerage as I am a intraday trader and brokerage kills me.
So can somebody confirm if this is true and also explain the brokerage structure in short. Specially the intra day margin trading brokerage.
Also how well are the technical support, analysis, news tips provided by Geojit?? The real time streaming is it fast??
What about AMOs?? I read somewhere that the AMOs get placed after 10:30 AM is it true???
153. Geojit bnp paribas Nov 23, 2011 10:17:14 AM IST | Reply
Did You Konw - 24 :- Margin Funding (MTF) through Flip. Margin Funding (MTF) through Flip. Client needs to mark the trade as MTF while placing orders . If MTF ledger is funded with additional 50% apart from the mandatory requirement of 50%, then no interest is charged on the MTF holdings. Clients can transfer extra funds from normal ledger to MTF ledger using the link MTF Fund transfer request provided in Customer care site. Buying power = Normal ledger+ MTF ledger. Under Portfolio of flip terminals the shares lying in MTF DP will be shown separately. Customer care site also gives information like Eligible scrips in MTF, ledger statement, holding statement of MTF etc.
152. Geojit bnp paribas Nov 22, 2011 10:28:40 AM IST | Reply
Did You Konw - 23 :- Payin Through NEFT/RTGS Payin Through NEFT/RTGS. All clients of Geojit Bnpp can transfer funds using NEFT/RTGS. Clients can initiate this fund transfer from any bank account which is Regd with us. Clients should do this by visiting his bank portal or can submit the request to the nearest branch. NEFT/RTGS arrangements has been made with Citi Bank or Bnp Paribas. Account number and other details to which the credit has to be given is provided in the Customer care Site. Once the amount is received, automatically the buying power is updated.
151. Geojit bnp paribas Nov 21, 2011 11:10:56 AM IST | Reply
Did You Konw - 21 :- Geojit Customer Care site(GCC). Geojit Customer Care site(GCC). All customers (Online /Offline) of Geojit BNP Paribas can access the customer care site (GCC). It can be directly logged in using Geojit Web site or can be accessed through Flip Terminals. GCC gives details of a clients ledger, holding statement of DP, Mutual Fund Holdings, FAO/CDS positions, MTF transactions, Contract notes(DCN), Profit and Loss statements, IPO Online, Closing Rates, Resistance/Support level of scrips.
150. Geojit bnp paribas Nov 19, 2011 10:11:33 AM IST | Reply
Did You Konw - 20 :- Online Fund transfer Banks available for Payin. Online Fund transfer Banks available for Payin. Axis Bank, HDFC Bank, ICICI Bank, CITI Bank, State Bank of India, Federal Bank, Union Bank of India, IDBI Bank, Punjab National Bank, Bank of India. With in few seconds all online/offline clients buying power can be updated & this is the fastest method by which a client can update the buying power.
149. Geojit bnp paribas Nov 18, 2011 10:46:47 AM IST | Reply
Did You Konw - 18 :- IPO Online. IPO Online. IPO online is available for all Online and Offline clients. All clients can login to customer care and apply for Online IPO. Clients can also place their requests by calling the call centre using their TIN/PIN. Cut off time for Online IPO is at 12 PM on the closing day of IPO.
148. Geojit bnp paribas Nov 17, 2011 9:44:36 AM IST | Reply
Did You Konw - 17 :- Exposure against holding. Exposure against holding. Provided to clients who have signed the New T&C. Provided to Cash & Futures segments. For futures, exposures will be available only for those holdings which are permitted for pledge by exchange. Exposures are NOT Provided to IPO, Mutual Funds, Option (long) & MTF.
Note:-Those clients wish to trade only with their cash balances has the provision to cancel such exposures.
147. Geojit bnp paribas Nov 16, 2011 10:21:51 AM IST | Reply
Did You Konw - 16 :- We can give payout directly to the client’s bank account. We can give payout directly to the client’s bank account. Direct credit :- If Clients bank account is with HDFC Bank, Axis Bank, Federal Bank, CITI Bank, ICICI Bank or State Bank of India. NEFT/RTGS :- If Clients bank account is other than the banks mentioned above; for this the client has to update his IFSC code in our records.
1) Very transparent/reasonable brokerages and charges. 2) Extremely convenient streaming online trading portal. 3) Customer support executives very well equipped with the latest information (My experience with ICICI Direct showed that their customer support team did not have clue on half of the things). 4) Efficient and fast Mobile trading portal. 5) Daily trading ideas and good quality research reports.
145. Geojit bnp paribas Nov 14, 2011 11:00:19 AM IST | Reply
Did You Konw - 15 :- Which type of clients should login to “Lite” Platform? Which type of clients should login to “Lite” Platform? Clients from Rural areas where high speed connections are not available. Financial situation- that is, expensive high-speed connection. Some older technologies load pages very slowly and do not support features used on newer sites like Flash, Java etc. Client’s trading from office PC’s wherein there is a restriction on Flash. Logging in using Mobile connections.
144. Geojit bnp paribas Nov 11, 2011 9:53:33 AM IST | Reply
Did You Konw - 14 :- Advance Graph is available on Right click of Platinum and Gold platforms. Advance Graph is available on Right click of Platinum and Gold platforms. Features:- Historical and Intraday charts. Candle stick, line charts. Auto Update feature. Comparison charting including multiple segments/Exchanges ie; compare between Scrips, Indices or Futures. Around 60 Technical Indicators. Plot major Technical Indicators to Chart. Chart color selector.
143. Geojit bnp paribas Nov 10, 2011 10:54:45 AM IST | Reply
Did You Konw - 13 :- Information on Multiple Demat accounts attached to a single trading a/c. Multiple Demat accounts (Only Geojit DP a/c with POA) can be linked to single Trading account. Scripwise total qty across all linked demat a/c will be displayed under ‘Portfolio’ in Flip. For e.g. if client has 10 Infosys in Demat a/c No. XYZ and 7 Infosys in Demat a/c no. ABC then Flip will display holding as 17 Infosys shares. Shares held under Margin Funding Demat a/c will also be displayed in Portfolio in Flip.
142. Geojit bnp paribas Nov 08, 2011 4:39:29 PM IST | Reply
Did You Konw - 12 :- Brokerage Slabs for online and Offline clients. The brokerage slabs in Online Trading is based on Calendar month volumes whereas in Offline it is based on Daily Volumes. In Geojit, the reduced Online brokerage slab is applied on the day when client crosses volume on any given day during the month. This ensures that excess Service Tax is not deducted. Most brokers often recalculate reduced broekrage after the end of the period that results in excess Service Tax deduction which is not refunded.
141. Geojit bnp paribas Nov 05, 2011 11:17:08 AM IST | Reply
Did You Konw - 11 :- Market Orders Placement for Options. In Flip we do not allow Market Orders for Options Buy contracts because the last traded price has no relevance with the actual execution price.
140. Geojit bnp paribas Nov 03, 2011 2:49:38 PM IST | Reply
Did You Konw - 10 :- MArket Order placement in BSE. You will normally get this error ‘Kill Minimum Fill’ when market order is placed in BSE. Hence it is preferred to avoid placing Market orders in BSE. BSE has the concept of Protection % that must be mentioned while placing Market orders. What is Protection %: While placing a market order on BSE (Not applicable for NSE), you can specify the maximum percentage deviation from the Current Offer / Bid up to which the market order can be executed.
Consider the example where the Bid and Offer Price for a given stock is 99 and 100 respectively. In case you place a market buy order with a protection percentage of 20% the order will go to the exchange as a market order of Rs. 120 and will be executed at Rs. 120 or at a better rate. However, in case it is found that there is no offer of Rs. 120 or better in the exchange this order will be suo moto cancelled by the exchange. In case of part execution of this order at Rs. 120 the remainder of the order will be converted to a limit order at Rs. 120.
In case you place a market sell order with a protection percentage of 20% the order will go to the exchange as a market order of Rs. 79.20 and will be executed at Rs. 79.20 or at a better rate. However, in case it is found that there is no bid of Rs. 79.20, the order will get cancelled. In case of part execution of this order at Rs. 79.20 the remainder of the order will be converted to a limit order at Rs. 79.20.
139. Greed & Fear Nov 01, 2011 8:01:20 PM IST | Reply
Thanks Geojit...but since you dont allow to short on day 1, I dont think that would suit me. Anyways thanks for the info..However angel allows me...
138. Geojit bnp paribas Nov 01, 2011 7:52:00 PM IST | Reply
Hi Mr. Wasim, if you are using your mobile/ Pc for placing orders, in that case you will be treated as an online client. Offline client can only watch Real time market on there mobile, but cant place orders.
If you want our executive will contact you, where do u live in mumbai? We have more than 20 brances in mumbai.
137. Geojit bnp paribas Nov 01, 2011 5:36:59 PM IST | Reply
Did You Konw - 09 :- Information on Pool clearing. Pool clearing of BTST positions is done on T+4 day if the same are not squared off by client or if there is debit in the account. Tentative list of shares that may go in Pool Selling is available in Backoffice on the basis of debit on T+3 day morning. The actual list may change on T+4 day based on positions squared-off and or making adequate payments. Note :Interest @22% is levied from T+4 day till date of settlement including holidays.
136. Geojit bnp paribas Nov 01, 2011 5:34:56 PM IST | Reply
Hi, Greed & Fear
if you are an offline client, you can short sell any script. But if you are an online client then script on its listing day you can not short sell. for demo account contact your nearest geojit branch. or tell us your name, location, contact no.