Geojit Vs TradeSmart Demat Account Comparison

Geojit is the Full Service Broker offering savings and investment solutions like Equities, Derivatives , Mutual Funds, Life & General Insurance, third party Fixed Deposits, Portfolio Management services and wealth management.

Geojit is member of NSE and BSE and registered as a depository participant with NSDL and CDSL. The broker is among few broking firms to introduce online trading facility in India. The Broker has strong hold in Gulf countries (UAE, Saudi Arabia, Bahrain, Kuwait or Oman).

TradeSmart, a venture of VNS finance is a online broker offering discount brokerage services to retail customers in India. TradeSmart offers flat fee and unlimited trading plans for trading in Equity, Currency and Commodities at BSE, NSE and MCX.

With over 17000 customers and daily turnover of over Rs 2500 Cr (as of Dec 2016), TSO is among the top 5 discount stock brokers in India.

34/659 P, 1st Floor, Civil Line Road,
Padivattom Kochi Kerala India - 682024

7B, 2nd Floor, Old Oriental Building,
65, M. G. Road, Fort, Mumbai
Maharashtra, India - 400001

Demat Account Services

Online Stock Trading, Depository Services

Nil

Rs 500

1. Regular Individual Account: RS 600 (Rs 450 electronic communication)
2. NRI Clients: RS 2000 (Rs 750 electronic communication)
3. Corporate Accounts: Rs 1250
4. BSDA clients: Nil for holding value till Rs 50,000. Rs 100 p.a. for holding value from Rs 50,001 to Rs 2,00,000 . Holding value above 2Lakh normal tariff will be applicable

1. Individual Account: Rs 300 per year
2. Corporate Account: Rs 800 per year

Nil

Nil

Nil + Courier Charges @ Rs 35

Rs 500 per certificate per market lot of 100 shares or less and minimum Rs 500 per request./p>

Rs 10 for every 100 securities or part thereof; or Rs 10 per certificate whichever is higher + courier charges Rs 35 per scrip

Rs 500 per certificate per market lot of 100 shares or less and minimum Rs 500 per request./p>

For Geojit debit:

• 0.02% (subject to a min of Rs 15 & max of Rs 40 per trans), if the delivery is through POA/with DCN or
• 0.02% (subjects to a min of Rs 20 & maxi of Rs 40 per trans), if the delivery is through DIS or POA without DCN.

For other broker debit:

• 0.02% (subject to a min of Rs 50 and max of Rs 100 per Trans)

Off market transaction

• 0.02% (subject to a min of Rs 20 and max of Rs 40 per trans), if the receiving demat account is with Geojit BNP Paribas.
• 0.02% (subject to a minimum of Rs 50 and maximum of Rs 100 per transaction) if receiving demat account is outside Geojit BNP Paribas.

Rs 25 minimum or 0.02% which ever is higher. In case of BSDA Rs 50 or 0.02% whichever is higher.

Rs 50 per trans, Rs 100 per transaction for BSDA clients

Rs 200 per scrip

NIL

Nil

Rs 50 per trans Rs 100 for BSDA clients

Rs 200 minimum or 0.01% which ever is higher

NIL

Nil

• Late instruction: 0.1% scrip value
• Physical contract note / other statements etc:Rs 20 per contract note + Courier Charges
• Physical transaction statement: Rs 50 per BO statement plus courier charges
• Cheque dishonour charges: Rs 200 per instance
• Offmarket transfer (DP): Rs 25 plus service tax
• Inter DP transfer: Rs 25 plus service tax
• KRA Modification: Rs 35 plus service tax