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
Exchnage Membership	BSE, NSE, MCX-SX	BSE, NSE, MCX, NCDEX
Year of Incorporation	1987	2002
Number of Branches	509	237
	Enquire Geojit	Open Edelweiss Account

Geojit Vs Edelweiss Charges & AMC

Geojit trading account opening charges is Rs 425 while Edelweiss account opening changes is Rs 0 (Free). Geojit Demat Account AMC Charges is Rs 700 and Edelweiss Demat Account AMC Charges is Rs 500 (1st Year Free).

	Geojit	Edelweiss
Trading Account Opening Charges	Rs 425	Rs 0 (Free)
Trading Account AMC Charges	NIL	Rs 0
Demat Account Opening Charges	NIL	Rs 0 (Free)
Demat Account AMC Charges	Rs 700	Rs 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 Rs 10 per executed order and intraday is Rs 10 per executed order.

	Geojit	Edelweiss
Account Type	Online Trading	Edelweiss Lite
Fixed Charges		NA
Equity Delivery	0.30%	Rs 10 per executed order
Equity Intraday	0.03%	Rs 10 per executed order
Equity Futures	0.03%	Rs 10 per executed order
Equity Options	Rs 125 per contract	Rs 10 per executed order
Currency Futures	0.03%	Rs 10 per executed order
Currency Options	Rs 125 per contract	Rs 10 per executed order
Commodity Futures	NA
Commodity Options	NA
Special Offer		Special Offer: Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

Geojit Vs Edelweiss Brokerage Plan 2

	Geojit	Edelweiss
Account Type	Online Trading	Edelweiss Elite
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 75 per lot
Currency Futures	0.03%	0.02%
Currency Options	Rs 125 per contract	Rs 22 per lot
Commodity Futures	NA
Commodity Options	NA
	Enquire Geojit	Open Edelweiss Account

Geojit Charges Vs Edelweiss

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

Geojit Vs Edelweiss Transaction Charges

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

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

Geojit Vs Edelweiss Leverage (Margin)

Geojit margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Edelweiss margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	Geojit	Edelweiss
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
	Enquire Geojit	Open Edelweiss Account

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
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
	Enquire Geojit	Open Edelweiss Account

Geojit Vs Edelweiss Review

Geojit is rated 3.7 of 5 based on 102 customer reviews whereas Edelweiss is rated 3.0 of 5 based on 65 customer reviews.

	Geojit	Edelweiss
	102 Customer Reviews	65 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Geojit is rated 3.7 of 5 based on 102 customer reviews	Edelweiss is rated 3.0 of 5 based on 65 customer reviews

Geojit Vs Edelweiss Investment Options

	Geojit	Edelweiss
Stock / Equity
Commodity
Currency
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)
	Enquire Geojit	Open Edelweiss Account

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 Rs 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 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.	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 Rs 20 per call.
Reviews
Promo / Offers		Trade @ Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening (for limited time only) Flat Rs 10 per trade across all segments. FREE Research and Trading Tips. Margin against share and Margin Funding available. It is a limited-time offer. Open FREE Edelweiss Account online in just 15 Minutes.
	Enquire Geojit	Open Edelweiss Account