Geojit Vs Fyers (Compare Geojit and Fyers)


Geojit
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 experience in Portfolio Management Services and the distribution of financial products: mutual funds and life insurance. Geojit provides stock trading at NSE and BSE stock exchanges through a strong network of around 500 branches and its state of art onl... Know more about Geojit BNP Paribas


Fyers
Incorporated in 2015, Fyers Securities is a Bangalore based online discount stock broker. Fyers offers trading in Equity Cash, F&O and Currency Derivatives segments at NSE. FYERS word is an acronym of "Focus Your Energy & Reform the Self", representing the core values of the company. The company is founded by young entrepreneurs who believes in building the best trading platforms, being transparent and keeping the cost of trading at its lowest in India. Fyers is a low brokerage stock broker in... Know more about Fyers Securities Ltd

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Geojit Vs Fyers

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 2015, Fyers is a Discount Broker. It offers trading at NSE, MCX. It has 0 branches across India.

  Geojit Fyers
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX-SX NSE, MCX
Year of Incorporation 1987 2015
Number of Branches 509 0
Open an Online Trading Account with Geojit.Open an Online Trading Account with Fyers.
Enquire GeojitOpen Fyers Account
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Geojit Vs Fyers Charges & AMC

Geojit trading account opening charges is Rs 425 while Fyers account opening changes is Rs 0 (Free). Geojit Demat Account AMC Charges is Rs 700 and Fyers Demat Account AMC Charges is Rs 300.

  Geojit Fyers
Trading Account Opening Charges Rs 425 Rs 0 (Free)
Trading Account AMC Charges NIL Rs 0 (Free)
Demat Account Opening Charges NIL Rs 0 (Free)
Demat Account AMC Charges Rs 700 Rs 300
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Geojit Vs Fyers Brokerage Charges & Plans

Geojit Vs Fyers Brokerage

Geojit brokerage charges for equity is 0.30% and intraday is 0.03% whereas Fyers brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower.

  Geojit Fyers
Account Type Online Trading Flat Fee Brokerage Plan
Fixed Charges NA
Equity Delivery 0.30% Rs 0 (Free)
Equity Intraday 0.03% Rs 20 per executed order or .03% whichever is lower
Equity Futures 0.03% Rs 20 per executed order or .03% whichever is lower
Equity Options Rs 125 per contract Rs 20 per executed order
Currency Futures 0.03% Rs 20 per executed order or .03% whichever is lower
Currency Options Rs 125 per contract Rs 20 per executed order
Commodity Futures NA Rs 20 per executed order or .03% whichever is lower
Commodity Options NA Rs 20 per executed order
Special Offer
Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.

Geojit Charges Vs Fyers

Minimum Brokerage 1p per share or Rs 20/contract whichever is higher Intra-day: Rs 7 or 2.5% whichever is lower
Other Charges Square-off by Fyers - Rs 20 per trade, NRI Brokerage: Rs 100 per executed order (For all segments)
Call & Trade Charges Rs 20 per trade
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Geojit Vs Fyers Transaction Charges

Geojit transaction charges for options is Rs 5500 per Cr (0.05%) while Fyers exchange transaction charges for options is Rs 5900 per Cr (on premium) (0.059%).

  Geojit Fyers
Equity Delivery Rs 325 per Cr (0.00325%) Rs 325 per Cr (0.00325%)
Equity Intraday Rs 325 per Cr (0.00325%) Rs 325 per Cr (0.00325%)
Equity Futures Rs 210 per Cr (0.0021%) Rs 240 per Cr (0.0024%)
Equity Options Rs 5500 per Cr (0.05%) Rs 5900 per Cr (on premium) (0.059%)
Currency Futures Rs 145 per Cr (0.00145%) Rs 240 per Cr (0.0024%)
Currency Options Rs 4730 per Cr (0.0473%) on premium Rs 5900 per Cr (on premium) (0.059%)
Commodity NA NA
Enquire GeojitOpen Fyers Account
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Geojit Vs Fyers 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 Fyers 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 Fyers
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 GeojitOpen Fyers Account
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Compare Geojit and Fyers Features

The trading platforms offered Geojit include Selfie Platinum, Selfie Gold, Mobile App. Fyers offers Fyers One (In-house build) trading software.

  Geojit Fyers
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes No
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform Selfie Platinum, Selfie Gold, Mobile App Fyers One (In-house build)
Intraday Square-off Time 3:20 PM
Other Features Brokerage free thematic investing is available
Referral Program Yes
Enquire GeojitOpen Fyers Account
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Geojit Vs Fyers Review

Geojit is rated 3.7 of 5 based on 102 customer reviews whereas Fyers is rated 3.2 of 5 based on 21 customer reviews.

  Geojit Fyers
  102 Customer Reviews    Rate Geojit 21 Customer Reviews    Rate Fyers
Fees 3.6 3.3
Brokerage 3.3 3.7
Trading Platform 4.0 3.2
Customer Service 3.8 3.4
Research Capabilities 3.2 1.7
Overall Ratings Rated 3.7 stars Rated 3.2 stars
Broker Rating Geojit is rated 3.7 of 5 based on 102 customer reviews Fyers is rated 3.2 of 5 based on 21 customer reviews
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Contact Broker / Request A Call Back

  Geojit Enquire Fyers Enquire
Contact Broker Leave your contact information and we will get in touch with you....
Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.
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Geojit Vs Fyers Investment Options

  Geojit Fyers
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
IPO Yes No
Mutual Funds Yes No
Bond / NCD Yes No
Debt Yes No
Other Investment Options Insurance
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Geojit Vs Fyers Order Type Offered

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

  Geojit Fyers
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Geojit Vs Fyers Suitable For Investor Type

  Geojit Fyers
Casual Investor
Active Investor Yes Yes
Trader Yes
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Geojit Vs Fyers - Pros and Cons

  Geojit Fyers
Pros
  • Free equity delivery trades and thematic investments. No brokerage for this segment.
  • Very low brokerage charges of maximum Rs 20 per trade.
  • Free account opening.
  • No software charges.
  • State of art trading platforms.
  • Thematic investment is available
  • Refer your friends and earn 20% of the revenues generated by your friends, for life!
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.
  • Depository services are offered through another company (IL&FS). Higher demat charges.
  • No branch offices.
  • No good 'til canceled (GTC) orders.
Reviews
Promo / Offers

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery. Flat Rs 20 per trade for Intraday & F&O.
  • Brokerage-free Direct Mutual Fund investment.
  • Trade with one of the best trading platforms in India.

This is a limited-time offer. Open FREE Fyers Account online and start trading today.

Enquire GeojitOpen Fyers Account

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