Geojit Vs Achiievers (Compare Geojit and Achiievers)

Geojit Vs Achiievers

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 2012, Achiievers is a Discount Broker. It offers trading at NSE, BSE and MCX. It has 1 branches across India.

	Geojit	Achiievers
Type of Broker	Full Service Broker	Discount Broker
Supported Exchnages	BSE, NSE, MCX-SX	NSE, BSE and MCX
Account Type	Online Trading	Flat Fee Plan
Year of Incorporation	1987	2012
Number of Branches	509	1
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Geojit Vs Achiievers Charges & AMC

Geojit trading account opening charges is Rs 425 while Achiievers account opening changes is Rs 750. Geojit Demat Account AMC Charges is Rs 0 and Achiievers Demat Account AMC Charges is Rs 400.

	Geojit	Achiievers
Trading Account Opening Charges	Rs 425	Rs 750
Trading Account AMC Charges	NIL	Nil
Demat Account Opening Charges	NIL	Nil
Demat Account AMC Charges	Rs 0	Rs 400

Geojit Vs Achiievers Brokerage

Geojit brokerage charges for equity is 0.30% and intraday is 0.03% whereas Achiievers brokerage charges for equity is Rs 15 and intraday is Rs 15.

	Geojit	Achiievers
Account Type	Online Trading	Flat Fee Plan
Fixed Charges		NA
Equity Delivery Brokerage	0.30%	Rs 15
Equity Intraday Brokerage	0.03%	Rs 15
Equity Futures Brokerage	0.03%	Rs 15
Equity Options Brokerage	Rs 125 per contract	Rs 15
Currency Futures Trading Brokerage	0.03%	Rs 15
Currency Options Trading Brokerage	Rs 125 per contract	Rs 15
Commodity Futures Trading Brokerage	NA	Rs 15
Commodity Options Trading Brokerage	NA
Special Offer

Geojit Vs Achiievers Brokerage Plan 2

	Geojit	Achiievers
Account Type	Online Trading	Mega Value Plan
Fixed Charges		Rs 750
Equity Delivery Brokerage	0.30%	Rs 0
Equity Intraday Brokerage	0.03%	Rs 0
Equity Futures Brokerage	0.03%	Rs 0
Equity Options Brokerage	Rs 125 per contract	Rs 0
Currency Futures Trading Brokerage	0.03%	Rs 0
Currency Options Trading Brokerage	Rs 125 per contract	Rs 0
Commodity Futures Trading Brokerage	NA	Rs 0
Commodity Options Trading Brokerage	NA
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Geojit Vs Achiievers Brokerage Plan 3

	Geojit	Achiievers
Account Type	Online Trading	₹50 per day each segment
Fixed Charges		NA
Equity Delivery Brokerage	0.30%	Rs 0
Equity Intraday Brokerage	0.03%	Rs 0
Equity Futures Brokerage	0.03%	Rs 0
Equity Options Brokerage	Rs 125 per contract	Rs 0
Currency Futures Trading Brokerage	0.03%	Rs 0
Currency Options Trading Brokerage	Rs 125 per contract	Rs 0
Commodity Futures Trading Brokerage	NA	Rs 0
Commodity Options Trading Brokerage	NA
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Geojit Charges Vs Achiievers

Minimum Brokerage Charges	1p per share or Rs 20/contract whichever is higher	Rs 15
Other Brokerage Charges
Call & Trade Charges		Rs 20 per trade

Geojit Vs Achiievers Transaction Charges

Geojit transaction charges for options is Rs 5500 per Cr (0.05%) while Achiievers exchange transaction charges for options is Rs 7500 per Cr (0.075%).

	Geojit	Achiievers
Equity Delivery	Rs 325 per Cr (0.00325%)	Rs 350 per Cr (0.0035%)
Equity Intraday	Rs 325 per Cr (0.00325%)	Rs 350 per Cr (0.0035%)
Equity Futures	Rs 210 per Cr (0.0021%)	Rs 390 per Cr (0.0039%)
Equity Options	Rs 5500 per Cr (0.05%)	Rs 7500 per Cr (0.075%)
Currency Futures	Rs 145 per Cr (0.00145%)	Rs 175 per Cr (0.00175%)
Currency Options	Rs 4730 per Cr (0.0473%) on premium	Rs 6500 per Cr (0.065%)
Commodity	NA	MCX Agri Rs 325 per Cr (0.00325%) | Non Agri Rs 460 per Cr (0.0046%)
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Geojit Vs Achiievers Leverage (Margin)

Geojit provides the margin of Upto 10x for intraday trades whereas the Achiievers margin for intraday cash is Upto 8x.

	Geojit	Achiievers
Equity Delivery	Upto 7x with 22% interest per year	Nil
Equity Intraday	Upto 10x	Upto 8x
Equity Futures	No additional leverage	Upto 3x
Equity Options	No additional leverage	Nil
Currency Futures	No additional leverage	NA
Currency Options	No additional leverage	Upto 2x
Commodity Futures	NA	Upto 4x
Commodity Options		Nil
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Compare Geojit and Achiievers Features

The trading platforms offered Geojit include Selfie Platinum, Selfie Gold, Mobile App. Achiievers offers NOW Online, NOW Trader trading software.

	Geojit	Achiievers
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Selfie Platinum, Selfie Gold, Mobile App	NOW Online, NOW Trader
Intraday Square-off Time		3:15 PM
Other Features
Referral Program
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Geojit Vs Achiievers Review

Geojit is rated 3.7 of 5 based on 100 customer reviews whereas Achiievers is rated 4.6 of 5 based on 5 customer reviews.

	Geojit	Achiievers
	100 Customer Reviews	5 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Geojit is rated 3.7 of 5 based on 100 customer reviews	Achiievers is rated 4.6 of 5 based on 5 customer reviews

Geojit Vs Achiievers Investment Options

	Geojit	Achiievers
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance

Geojit Vs Achiievers Order Type Offered

	Geojit	Achiievers
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Geojit Vs Achiievers Research Report

	Geojit	Achiievers
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Geojit Vs Achiievers Suitable For Investor Type

	Geojit	Achiievers
Casual Investor
Active Investor
Trader

Geojit Vs Achiievers - Pros and Cons

	Geojit	Achiievers
Pros		MEGA VALUE PLAN (MVP) the monthly unlimited trading plan @ Rs 750/ per month for trading at NSE, BSE, NSE SX and MCX. Rs 50 per day plan and Rs 15 per trade plan is also available. Trading Software's including website, mobile app and installable trading terminals are available for free. No minimum brokerage. Achiievers offers facility to invest in IPO, FPO, Mutual Funds, Insurance, FDs, NCDs and Offer For Sale (OFS).
Cons	1. Very high Options trading brokerage charges. Geojit charges Rs 125 per contract for Intraday Options and Rs 150 per contract for Options carry forward positions. 2. Geojit charges minimum brokerage of Rs 20 per Contract or 1 paisa per share whichever is higher. 3. Paper contract note by post cost additional Rs 20 per Contract or 5 paisa per share whichever is higher.	Call and trade facility available with additional charges of Rs 20 per trade. They charge Rs 75 per month for Research recommendation on SMS.
Reviews
Promo / Offers
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