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Geojit Vs AxisDirect (Compare Geojit and AxisDirect)

The side-by-side comparison of Geojit and AxisDirect. Compare Geojit Vs AxisDirect brokerage, charges, exposure margin, demat account. Read AxisDirect and Geojit review.

Find out Geojit Vs AxisDirect which is better and Geojit Vs AxisDirect which is best.

Our Geojit BNP Paribas comparison with Axis Securities highlights the major differences between two brokers. Find the best between Geojit and AxisDirect.

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Geojit Vs AxisDirect

  Geojit BNP Paribas Axis Securities
 
Geojit BNP Paribas Logo Axis Securities Logo
About the Broker 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... Know more about Geojit BNP Paribas Incorporated in 2005, Axis Securities is a subsidiary company of Axis Bank Ltd. Company offers broking services and distribution of financial products to retail customers in India. Axis Sec offers a single account to its customer to invest in Equitie... Know more about Axis Securities
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX-SX BSE, NSE
Account Type Online Trading Trade@20 (SA75000)
Broker Enquiry Open an Online Trading Account with Geojit. Leave your contact info and we will get in touch with you. Open an Online Trading Account with AxisDirect. Leave your contact info and we will get in touch with you.
Year of Incorporation
Number of Branches
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Geojit Vs AxisDirect Charges

  Geojit BNP Paribas Axis Securities
Trading Account Opening Fees Rs 425 ₹900 (3 in 1 account)
Trading Account AMC NIL ₹0
Demat Account Opening Fees NIL ₹0
Demat Account AMC Rs 0 ₹500
Demat Account is Mandatory? No No
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Geojit Vs AxisDirect Brokerage

Brokerage Plan 1

  Geojit BNP Paribas Axis Securities
Account Type Online Trading Trade@20 (SA75000)
Fixed Charges
Equity Delivery Brokerage 0.30% ₹20 per executed order
Equity Intraday Brokerage 0.03% ₹20 per executed order
Equity Futures Brokerage 0.03% ₹20 per executed order
Equity Options Brokerage Rs 125 per contract ₹20 per executed order
Currency Futures Trading Brokerage 0.03% 0.03% each side
Currency Options Trading Brokerage Rs 125 per contract ₹20 per lot
Commodity Futures Trading Brokerage NA 0.03% each side
Commodity Options Trading Brokerage NA ₹50 per lot

Other Charges

Minimum Brokerage Charges 1p per share or Rs 20/contract whichever is higher ₹20 per trade or 2.5% of the trade value whichever is lower
Other Brokerage Charges ₹250 per monthly fee if do not have axis bank account
Call & Trade Charges ₹20 per call post 20th call per month
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Geojit Vs AxisDirect Taxes

  Geojit BNP Paribas Axis Securities
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Geojit Vs AxisDirect Transaction Charges

  Geojit BNP Paribas Axis Securities
Equity Delivery 0.00325% 0.00325% (₹325/Cr)
Equity Intraday 0.00325% 0.00325% (₹325/Cr)
Equity Futures 0.0021% 0.0019% (₹190/Cr)
Equity Options 0.055% on premium 0.05% (₹5000/crore)
Currency Futures 0.00145% 0.0019% (₹190/Cr)
Currency Options 0.0473% on premium 0.05% (₹5000/crore)
Commodity NA
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Geojit Vs AxisDirect Exposure Margin

  Geojit BNP Paribas Axis Securities
Equity Delivery Upto 7x with 22% interest per year Nil
Equity Intraday Upto 10x Upto 10x
Equity Futures No additional leverage Nil
Equity Options No additional leverage Nil
Currency Futures No additional leverage NA
Currency Options No additional leverage NA
Commodity NA 3x
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Geojit and AxisDirect Feature Comparison

  Geojit BNP Paribas Axis Securities
3 in 1 Account No Yes
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Selfie Platinum, Selfie Gold, Mobile App DirectTrade, Swift Trade, Axisdirect Mobile
Intraday Square-off Time 3:15
Other Features Can trade in 32 exchanges through Saxo Trader
Referral Program
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Geojit Vs AxisDirect Review

  Geojit BNP Paribas Axis Securities
  93 Customer Reviews    Rate Geojit 48 Customer Reviews    Rate AxisDirect
Fees Ratings 3.7 2.0
Trading Brokerage Rating 3.3 1.8
Trading Platform Usability 4.1 2.7
Customer Service Ratings 3.8 2.4
Overall Ratings Rated 3.8 stars Rated 2.2 stars
Broker Rating Geojit is Rated 3.8 / 5 based on 93 customer reviews AxisDirect is Rated 2.2 / 5 based on 48 customer reviews
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Contact Broker / Request A Call Back

  Geojit BNP Paribas Axis Securities
Contact / Request Call Back
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Geojit Vs AxisDirect Investment Options

  Geojit BNP Paribas Axis Securities
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Insurance
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Geojit Vs AxisDirect Customer Service

  Geojit BNP Paribas Axis Securities
24/7 Customer Service No No
Onine Live Chat No No
Through Branches Yes Yes
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Geojit Vs AxisDirect Order Type Offered

  Geojit BNP Paribas Axis Securities
Bracket Order No No
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes No
Good Till Cancelled (GTC) Yes Yes
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Geojit Vs AxisDirect Research Report

  Geojit BNP Paribas Axis Securities
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Geojit Vs AxisDirect Suitable For Investor Type

  Geojit BNP Paribas Axis Securities
Casual Investor Yes
Active Investor Yes
Trader
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Geojit Vs AxisDirect - Advantages and Disadvantages

  Geojit BNP Paribas Axis Securities
Pros

More Advantages...

  1. Brokerage of flat ₹20 per trade in Equity and Equity Derivatives.
  2. Offers 3-in-1 investment account
  3. Free research reports
  4. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts

More Advantages...

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.

More Disadvantages...

  • Minimum Average Quarterly Balance(AQB) of ₹75,000 in bank account is required. ₹250 per month fee if minimum balance not maintained.
  • Charges ₹250 per month fee if you are not an axis bank customer.
  • Install-able trading terminal cost at ₹2999 per year which is mostly free by all discount brokers
  • Higher commodity and currency trading brokerage.
  • Call & Trade is charged ₹20 extra per trade

More Disadvantages...

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