The side-by-side comparison of Geojit and Finvasia. Compare Geojit Vs Finvasia brokerage, charges, exposure margin, demat account. Read Finvasia and Geojit review.
Find out Geojit Vs Finvasia which is better and Geojit Vs Finvasia which is best.
Our Geojit BNP Paribas comparison with Finvasia Securities Pvt Ltd highlights the major differences between two brokers. Find the best between Geojit and Finvasia.
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...
Finvasia is India based technology–driven financial service provider. Finvasia offers a wide range of financial services in India and 14 other countries. The key offerings include retail trading in equity, currency and commodity, asset manageme...
Type of Broker
Full Service Broker
Full Service Broker
Supported Exchnage
BSE, NSE, MCX-SX
BSE, NSE, MCX
Account Type
Online Trading
Standard
Broker Enquiry
Year of Incorporation
Number of Branches
Geojit Vs Finvasia Charges
Geojit BNP Paribas
Finvasia Securities Pvt Ltd
Trading Account Opening Fees
Rs 425
₹0 (Free)
Trading Account AMC
NIL
₹0 (Free)
Demat Account Opening Fees
NIL
₹0 (Free)
Demat Account AMC
Rs 0
₹0 per year (Lifetime Zero AMC)
Demat Account is Mandatory?
No
No
Geojit Vs Finvasia Brokerage
Brokerage Plan 1
Geojit BNP Paribas
Finvasia Securities Pvt Ltd
Account Type
Online Trading
Standard
Fixed Charges
Equity Delivery Brokerage
0.30%
₹0
Equity Intraday Brokerage
0.03%
₹0
Equity Futures Brokerage
0.03%
₹0
Equity Options Brokerage
Rs 125 per contract
₹0
Currency Futures Trading Brokerage
0.03%
₹0
Currency Options Trading Brokerage
Rs 125 per contract
₹0
Commodity Futures Trading Brokerage
NA
₹0
Commodity Options Trading Brokerage
NA
Other Charges
Minimum Brokerage Charges
1p per share or Rs 20/contract whichever is higher
₹0
Other Brokerage Charges
None
Call & Trade Charges
₹0
Geojit Vs Finvasia Taxes
Geojit BNP Paribas
Finvasia Securities Pvt Ltd
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.
Geojit Vs Finvasia Transaction Charges
Geojit BNP Paribas
Finvasia Securities Pvt Ltd
Equity Delivery
0.00325%
₹325/crore
Equity Intraday
0.00325%
₹325/crore
Equity Futures
0.0021%
₹190/crore
Equity Options
0.055% on premium
₹5000/crore of premium
Currency Futures
0.00145%
₹115/crore
Currency Options
0.0473% on premium
₹4000/crore of premium
Commodity
NA
₹260/crore
Geojit Vs Finvasia Exposure Margin
Geojit BNP Paribas
Finvasia Securities Pvt Ltd
Equity Delivery
Upto 7x with 22% interest per year
1x
Equity Intraday
Upto 10x
up to 10x
Equity Futures
No additional leverage
2x
Equity Options
No additional leverage
1x
Currency Futures
No additional leverage
1x
Currency Options
No additional leverage
1x
Commodity
NA
2x
Geojit and Finvasia Feature Comparison
Geojit BNP Paribas
Finvasia Securities Pvt Ltd
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
Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto
Intraday Square-off Time
3:15 PM
Other Features
Asset management, Investment Banking, Advisory, and Currency hedging.
Referral Program
Geojit Vs Finvasia Review
Geojit BNP Paribas
Finvasia Securities Pvt Ltd
93 Customer Reviews
9 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 93 customer reviews
Finvasia is Rated 4.7 / 5 based on 9 customer reviews
Finvasia truly doesn't charge any brokers for any segment on any exchange. No monthly fee except software uses charges for few optional advances trading platform.
Doesn't charge any trade clearing charges.
A variety of trading platforms are available for the trader to choose from.
Provides trading API and support Algo trading tools.
Offer other services including Asset Management, Investment Banking, Research and Currency Hedging for retail, institutional and foreign clients.
Call & trade is available for free 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.
Zerodha
Zero Account Opening Fee