Geojit Review - Options Trading, Brokerage and Platform

Published on Wednesday, April 4, 2018 by Chittorgarh.com Team | Modified on Monday, July 18, 2022

Geojit Review-Pros & Cons

Pros	Cons
Facility to place orders via toll-free phone	High brokerage charges
Facility to place orders post-session	No 3-in-1 account
Good Trading platforms
SMS services for market and account updates
30 years of in-depth market experience and backed by strong shareholders like BNP Paribas, Mr. C.J.George, KSIDC (Kerala State Industrial Development Corporation) and Mr. Rakesh Jhunjhunwala.

Geojit Review 2018 - About the company

One of the leading financial services company in India, Geojit was incorporated in 1987. The company is based in Kochi, Kerala and has a strong presence in the Middle East countries.

Geojit is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The company is backed by strong shareholders like BNP Paribas, C. J. George, Founder and Managing Director, Kerala State Industrial Development Corporation (KSIDC) and prominent investor Rakesh Jhunjhunwala.

The company has many firsts to its name. In 2000, Geojit became the first stockbroker to offer Internet Trading in the country by integrating the first Bank Payment Gateway. In 2010, the company became the first company to launch mobile in India. In 2013, it launched India's first social media trading application on Facebook.

Geojit has over 8,94,000 clients and a countrywide network of over 514 offices. It offers various services of its clients including trading in equities, derivatives, currency futures, mutual funds and IPOs. It has entered into strategic B2B agreements with South Indian Bank, Corporation Bank and Federal Bank to enable its clients to open integrated 3-in-1 accounts.

Geojit Trading Platforms

1. Geojit SELFIE GOLD

It is a web based trading platform from Geojit that offers a wide range of features like:

Customizable dashboards and views
Integrated Security view with live quotes, recommendations, MBP, F&O Chains & Order windows, charts, news etc
Real-time news updates
Market insights & Research calls
Location sensing

The platform also offers Advanced Charting platform to traders facilitate trading directly from Charts. Traders can get access to advanced chart types like Heiken-Ashi, Kagi, Point & Figure, Renko & Line Break, 90 + Studies and indicators. In addition, it also features F&O Analytics and Visualization Engine, Sectoral heat maps, F&O chains, Option Greeks charting and VWAP Screeners for deep analysis and identifying trading opportunities.

2. Geojit SELFIE PLATINUM

Selfie Platinum is a virtual dealer terminal that can be downloaded into a computer or a laptop. Some of the key features of the platform are:

Customizable screen layout and setting
Customised Market Watches
Fast trade execution with instant pop-up confirmation
Single market watch screen to view Cash, F&O and Currency quotes
Real-time Index & Tick by Tick index charts
After market hours orders in both the Exchanges
Intraday & EOD trading
Online Fund transfer
Facility for sophisticated trading analysis

3. Geojit Selfie Mobile - Mobile Trading Platform

Previously known as Flip Me, Selfie mobile, was the first of its kind mobile-based trading platform in India. The app is available for Apple iOS and Android users. Some of the features of the mobile platform are: