Geojit Vs Edelweiss (Compare Geojit and Edelweiss)

Geojit Vs Edelweiss

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 2002, Edelweiss is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 237 branches across India.

	Geojit	Edelweiss
Type of Broker	Full Service Broker	Full Service Broker
Supported Exchnages	BSE, NSE, MCX-SX	BSE, NSE, MCX, NCDEX
Account Type	Online Trading	Edelweiss Lite
Year of Incorporation	1987	2002
Number of Branches	509	237
Broker Enquiry
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Geojit Vs Edelweiss Charges & AMC

Geojit trading account opening charges is ₹425 while Edelweiss account opening changes is ₹0 (Free). Geojit Demat Account AMC Charges is ₹0 and Edelweiss Demat Account AMC Charges is ₹500 (1st Year Free).

	Geojit	Edelweiss
Trading Account Opening Charges	₹425	₹0 (Free)
Trading Account AMC Charges	NIL	₹0
Demat Account Opening Charges	NIL	₹0 (Free)
Demat Account AMC Charges	₹0	₹500 (1st Year Free)

Geojit Vs Edelweiss Brokerage

Geojit brokerage charges for equity is 0.30% and intraday is 0.03% whereas Edelweiss brokerage charges for equity is ₹10 per executed order and intraday is ₹10 per executed order.

	Geojit	Edelweiss
Account Type	Online Trading	Edelweiss Lite
Fixed Charges
Equity Delivery Brokerage	0.30%	₹10 per executed order
Equity Intraday Brokerage	0.03%	₹10 per executed order
Equity Futures Brokerage	0.03%	₹10 per executed order
Equity Options Brokerage	₹125 per contract	₹10 per executed order
Currency Futures Trading Brokerage	0.03%	₹10 per executed order
Currency Options Trading Brokerage	₹125 per contract	₹10 per executed order
Commodity Futures Trading Brokerage	NA
Commodity Options Trading Brokerage	NA
Special Offer		Special Offer: [Full-service Discount Brokerage Plan] Trade @ flat ₹10 per order. Get free trading and demat account. Request a Callback.

Geojit Vs Edelweiss Brokerage Plan 2

	Geojit	Edelweiss
Account Type	Online Trading	Edelweiss Elite
Fixed Charges
Equity Delivery Brokerage	0.30%	0.30%
Equity Intraday Brokerage	0.03%	0.03%
Equity Futures Brokerage	0.03%	0.03%
Equity Options Brokerage	₹125 per contract	₹75 per lot
Currency Futures Trading Brokerage	0.03%	0.02%
Currency Options Trading Brokerage	₹125 per contract	₹22 per lot
Commodity Futures Trading Brokerage	NA
Commodity Options Trading Brokerage	NA
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Geojit Charges Vs Edelweiss

Minimum Brokerage Charges	1p per share or ₹20/contract whichever is higher	0.03% Equity delivery, 0.01% Intra-day and Futures
Other Brokerage Charges		Margin Funding: 0.08%/day, Research: ₹50 per month,
Call & Trade Charges		₹20 per call

Geojit Vs Edelweiss Transaction Charges

Geojit transaction charges for options is ₹5500 per Cr (0.05%) while Edelweiss exchange transaction charges for options is NSE ₹5000 per Cr (0.05%) | BSE ₹5000 per Cr (0.05%) (on premium).

	Geojit	Edelweiss
Equity Delivery	₹325 per Cr (0.00325%)	NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
Equity Intraday	₹325 per Cr (0.00325%)	NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
Equity Futures	₹210 per Cr (0.0021%)	NSE ₹190 per Cr (0.0019%) | BSE ₹190 per Cr (0.0019%) (each side)
Equity Options	₹5500 per Cr (0.05%)	NSE ₹5000 per Cr (0.05%) | BSE ₹5000 per Cr (0.05%) (on premium)
Currency Futures	₹145 per Cr (0.00145%)	NSE ₹115 per Cr (0.00115%) | BSE ₹115 per Cr (0.00115%)
Currency Options	₹4730 per Cr (0.0473%) on premium	₹4000 per Cr (0.04%) (on premium)
Commodity	NA
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Geojit Vs Edelweiss Leverage (Margin)

Geojit provides the margin of Upto 10x for intraday trades whereas the Edelweiss margin for intraday cash is Up to 40x.

	Geojit	Edelweiss
Equity Delivery	Upto 7x with 22% interest per year	Up to 10x
Equity Intraday	Upto 10x	Up to 40x
Equity Futures	No additional leverage	40x
Equity Options	No additional leverage	Nil
Currency Futures	No additional leverage	1.5x
Currency Options	No additional leverage	Nil
Commodity Futures	NA	Up to 6x
Commodity Options
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Compare Geojit and Edelweiss Features

The trading platforms offered Geojit include Selfie Platinum, Selfie Gold, Mobile App. Edelweiss offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress trading software.

	Geojit	Edelweiss
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	Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress
Intraday Square-off Time		3:00 PM
Other Features
Referral Program
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Geojit Vs Edelweiss Review

Geojit is rated 3.8 of 5 based on 98 customer reviews whereas Edelweiss is rated 3.0 of 5 based on 51 customer reviews.

	Geojit	Edelweiss
	98 Customer Reviews	51 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Geojit is rated 3.8 of 5 based on 98 customer reviews	Edelweiss is rated 3.0 of 5 based on 51 customer reviews

Geojit Vs Edelweiss Investment Options

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

Geojit Vs Edelweiss Order Type Offered

	Geojit	Edelweiss
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 Edelweiss Research Report

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

Geojit Vs Edelweiss Suitable For Investor Type

	Geojit	Edelweiss
Casual Investor
Active Investor
Trader

Geojit Vs Edelweiss - Pros and Cons

	Geojit	Edelweiss
Pros		Full-service broker offering discount brokerage plan. Trade at flat ₹10 per executed order across all segments in Edelweiss Lite Plan. Instant online account opening: Open your Investing & Trading account in less than 15 minutes. Offer commodity trading on the same trading platform. Free research and trading tips call to all the customers. Online IPO application.
Cons	1. Very high Options trading brokerage charges. Geojit charges ₹125 per contract for Intraday Options and ₹150 per contract for Options carry forward positions. 2. Geojit charges minimum brokerage of ₹20 per Contract or 1 paisa per share whichever is higher. 3. Paper contract note by post cost additional ₹20 per Contract or 5 paisa per share whichever is higher.	The bracket orders are not available. Good Till canceled orders are not available. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures Call & Trade is available at an additional cost of ₹20 per call.
Reviews
Promo / Offers		Edelweiss Lite (Discount Brokerage Plan) + Free Trading & Demat Account (for limited time only) Edelweiss offers FREE Trading + Demat Account. Get a discount trading plan offering trading @ ₹10 per order flat rate. Save over 60% on brokerage in comparison of other full-service brokers. This is a limited time offer. Simply leave your contact information with us and Edelweiss representatives will contact you.
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