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About Geojit
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 experience in Portfolio Management Services and the distribution of financial products: mutual funds and life insurance.
Geojit provides stock trading at NSE and BSE stock exchanges through a strong network of around 500 branches and its state of art onl... 
About Aditya Birla Money
Incorporated in 1994, Aditya Birla Money Ltd (ABML) is a subsidiary of Aditya Birla Capital Limited and is headquartered in Chennai. The company was formerly known as Apollo Sindhoori Capital Investments. It is engaged in stock broking business and is a member of BSE and NSE. It also holds Portfolio Management Services (PMS) license from SEBI and is a Depository Participant with National Securities Depository Limited ('NSDL') and the Central Depository Services (India) Limited ('CDSL'). The comp...
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 1994, Aditya Birla Money is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 800 branches across India.
| Geojit | Aditya Birla Money | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX-SX | BSE, NSE, MCX |
| Year of Incorporation | 1987 | 1994 |
| Number of Branches | 509 | 800 |
Geojit trading account opening charges is Rs 425 while Aditya Birla Money account opening changes is Rs 750. Geojit Demat Account AMC Charges is Rs 700 and Aditya Birla Money Demat Account AMC Charges is Rs 436.
| Geojit | Aditya Birla Money | |
|---|---|---|
| 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 700 | Rs 436 |
Geojit brokerage charges for equity is 0.30% and intraday is 0.03% whereas Aditya Birla Money brokerage charges for equity is 0.30% and intraday is 0.03%.
| Account Type | Geojit Online Trading | Aditya Birla Money |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | 0.30% | 0.30% |
| Equity Intraday | 0.03% | 0.03% |
| Equity Futures | 0.03% | 0.03% |
| Equity Options | Rs 125 per contract | Rs 50 per lot |
| Currency Futures | 0.03% | 0.03% |
| Currency Options | Rs 125 per contract | Rs 50 per lot |
| Commodity Futures | NA | 0.03% |
| Commodity Options | NA | Nil |
| Special Offer | Zerodha (Trade with the best stock broker) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
Zerodha (Trade with the best stock broker) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Minimum Brokerage | 1p per share or Rs 20/contract whichever is higher | Rs 20 per executed order |
| Other Charges | ||
| Call & Trade Charges | Nil |
Geojit transaction charges for options is Rs 5500 per Cr (0.05%) while Aditya Birla Money exchange transaction charges for options is Rs 5000 per Cr (0.05%) (on premium).
| Geojit | Aditya Birla Money | |
|---|---|---|
| Equity Delivery | Rs 325 per Cr (0.00325%) | Rs 325 per Cr (0.00325%) |
| Equity Intraday | Rs 325 per Cr (0.00325%) | Rs 325 per Cr (0.00325%) |
| Equity Futures | Rs 210 per Cr (0.0021%) | Rs 190 per Cr (0.0019%) |
| Equity Options | Rs 5500 per Cr (0.05%) | Rs 5000 per Cr (0.05%) (on premium) |
| Currency Futures | Rs 145 per Cr (0.00145%) | Rs 110 per Cr (0.0011%) |
| Currency Options | Rs 4730 per Cr (0.0473%) on premium | Rs 4000 per Cr (0.04%) (on premium) |
| Commodity | NA | MCX - Rs 300 per Cr (0.003%) | NCDEX - Rs 400 per Cr (0.004%) |
Geojit margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Aditya Birla Money margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Geojit | Aditya Birla Money | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
The trading platforms offered Geojit include Selfie Platinum, Selfie Gold, Mobile App. Aditya Birla Money offers Etrade, Advanced web, Mobile invest trading software.
| Geojit | Aditya Birla Money | |
|---|---|---|
| 3 in 1 Account |  |
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| Charting |  |
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| Automated Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding | |
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| Margin Against Shares (Equity Cash) | |
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| Margin Against Shares (Equity F&O) | ||
| Trading Platform | Selfie Platinum, Selfie Gold, Mobile App | Etrade, Advanced web, Mobile invest |
| Intraday Square-off Time | 3:15 | |
| Trading In SME Shares Allowed? | ||
| Referral Program | ||
| Other Features | Insurance and Pension scheme available | |
Geojit is rated 3.6 of 5 based on 107 customer reviews whereas Aditya Birla Money is rated 3.0 of 5 based on 25 customer reviews.
| Geojit | Aditya Birla Money | |
|---|---|---|
107 Customer Reviews  |
25 Customer Reviews |
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| Broker Rating | Geojit is rated 3.6 of 5 based on 107 customer reviews | Aditya Birla Money is rated 3.0 of 5 based on 25 customer reviews |
| Geojit Enquire | Aditya Birla Money Enquire | |
|---|---|---|
| Contact Broker | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Geojit | Aditya Birla Money | |
|---|---|---|
| Stock / Equity | |
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| Commodity | |
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| Currency | |
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| IPO | |
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| Bond / NCD | |
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| Debt | |
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| Other Investment Options | Insurance | Mutual Funds |
| Geojit | Aditya Birla Money | |
|---|---|---|
| Bracket Order | |
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| Cover Order | |
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| Buy Today Sell Tomorrow (BTST) | |
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| Sell Today Buy Tomorrow (STBT) | |
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| After Market Order(AMO) | |
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| Good Till Cancelled (GTC) | |
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| Geojit | Aditya Birla Money | |
|---|---|---|
| Daily Market Report | |
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| Free Tips | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| Geojit | Aditya Birla Money | |
|---|---|---|
| Casual Investor | |
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| Active Investor | |
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| Trader |
| Geojit | Aditya Birla Money | |
|---|---|---|
| Pros |
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| 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. |
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| Reviews | ||
| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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