Geojit Vs Edelweiss (Compare Geojit and Edelweiss)
The side-by-side comparison of Geojit and Edelweiss. Compare Geojit Vs Edelweiss brokerage, charges, exposure margin, demat account. Read Edelweiss and Geojit review.
Find out Geojit Vs Edelweiss which is better and Geojit Vs Edelweiss which is best.
Our Geojit BNP Paribas comparison with Edelweiss Broking Ltd highlights the major differences between two brokers. Find the best between Geojit and Edelweiss.
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...
Incorporated in 2008, Edelweiss Broking Ltd. is a Mumbai, India based full- service stockbroking firm. The company is a part of Edelweiss Group, incorporated in 1995, a leading diversified financial services conglomerate.
The Retail Broking business...
Type of Broker
Full Service Broker
Full Service Broker
Supported Exchnage
BSE, NSE, MCX-SX
BSE, NSE, MCX, NCDEX
Account Type
Online Trading
Discount Brokerage Plan
Broker Enquiry
Year of Incorporation
1987
2002
Number of Branches
509
237
Geojit Vs Edelweiss Charges
Geojit
Edelweiss
Trading Account Opening Fees
Rs 425
₹750
Trading Account AMC
NIL
₹0
Demat Account Opening Fees
NIL
₹0
Demat Account AMC
Rs 0
Free (₹500 2nd year onward)
Demat Account is Mandatory?
No
No
Geojit Vs Edelweiss Brokerage
Brokerage Plan 1
Geojit
Edelweiss
Account Type
Online Trading
Discount Brokerage Plan
Fixed Charges
Equity Delivery Brokerage
0.30%
0.01%
Equity Intraday Brokerage
0.03%
0.01%
Equity Futures Brokerage
0.03%
₹5 per lot
Equity Options Brokerage
Rs 125 per contract
₹5 per lot
Currency Futures Trading Brokerage
0.03%
₹5 per lot
Currency Options Trading Brokerage
Rs 125 per contract
₹5 per lot
Commodity Futures Trading Brokerage
NA
Commodity Options Trading Brokerage
NA
Brokerage Plan 2
Geojit
Edelweiss
Account Type
Online Trading
Prepaid Plan (₹12,000 for 12 months)
Fixed Charges
₹12,000 + ₹1,800 (Service tax)
Equity Delivery Brokerage
0.30%
0.30%
Equity Intraday Brokerage
0.03%
0.03%
Equity Futures Brokerage
0.03%
0.03%
Equity Options Brokerage
Rs 125 per contract
₹90 per lot
Currency Futures Trading Brokerage
0.03%
0.04%
Currency Options Trading Brokerage
Rs 125 per contract
₹22 per lot
Commodity Futures Trading Brokerage
NA
Commodity Options Trading Brokerage
NA
Brokerage Plan 3
Geojit
Edelweiss
Account Type
Online Trading
Prepaid Plan (₹1,12,000 for 12 months)
Fixed Charges
₹1,12,000 + ₹16,800 (Service tax)
Equity Delivery Brokerage
0.30%
0.10%
Equity Intraday Brokerage
0.03%
0.01%
Equity Futures Brokerage
0.03%
0.01%
Equity Options Brokerage
Rs 125 per contract
₹25 per lot
Currency Futures Trading Brokerage
0.03%
0.01%
Currency Options Trading Brokerage
Rs 125 per contract
₹6 per lot
Commodity Futures Trading Brokerage
NA
Commodity Options Trading Brokerage
NA
Other Charges
Minimum Brokerage Charges
1p per share or Rs 20/contract whichever is higher
3 paisa per share in delivery, 1 paisa per share on Intraday and Futures
Other Brokerage Charges
Call & Trade Charges
Free
Geojit Vs Edelweiss Taxes
Geojit
Edelweiss
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)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Geojit Vs Edelweiss Transaction Charges
Geojit
Edelweiss
Equity Delivery
0.00325%
NSE ₹325 | BSE ₹275
Equity Intraday
0.00325%
NSE ₹325 | BSE ₹275
Equity Futures
0.0021%
NSE ₹190 | BSE ₹190
Equity Options
0.055% on premium
NSE ₹5000 | BSE ₹5000
Currency Futures
0.00145%
NSE ₹115 | BSE ₹115
Currency Options
0.0473% on premium
NSE ₹4000 | BSE ₹4000
Commodity
NA
Geojit Vs Edelweiss Exposure Margin
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
Geojit and Edelweiss Feature Comparison
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
Geojit Vs Edelweiss Review
Geojit
Edelweiss
94 Customer Reviews
24 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Geojit is Rated 3.8 / 5 based on 94 customer reviews
Edelweiss is Rated 2.3 / 5 based on 24 customer reviews
Contact Broker / Request A Call Back
Geojit Enquire
Edelweiss Enquire
Contact Broker
Geojit Vs Edelweiss Investment Options
Geojit
Edelweiss
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Insurance
Note: IPO
Geojit Vs Edelweiss Customer Service
Geojit
Edelweiss
24/7 Customer Service
Onine Live Chat
Through Branches
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)
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 - Advantages and Disadvantages
1. Full service broker offering discount brokerage plan.
2. Offer commodity trading on the same trading trading platform.
3. Free research and trading tips calls to all the customers.
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.
1. IPO cannot be applied online.
2. Bracket order is not available.
3. Good Till cancelled orders are not available.
4. Higher brokerage in prepaid brokerage plans of Rs 12k and Rs 1.12L for 12 months.
Edelweiss Discount Brokerage Plan + Free Trading & Demat Account (for limited time only)
Edelweiss offers FREE Trading + Demat Account (₹750 waived). Get a discount trading plan offering equity trading @ 0.01% and F&O @ Rs 5 per lot 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.
Zerodha
Zero Account Opening Fee