Geojit Vs Fyers (Compare Geojit and Fyers)
The side-by-side comparison of Geojit and Fyers. Compare Geojit Vs Fyers brokerage, charges, exposure margin, demat account. Read Fyers and Geojit review.
Find out Geojit Vs Fyers which is better and Geojit Vs Fyers which is best.
Our Geojit BNP Paribas comparison with Fyers Securities Ltd highlights the major differences between two brokers. Find the best between Geojit and Fyers.
Geojit Vs Fyers
Geojit
Fyers
Find more info about broker
About the Broker
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 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", representi...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE, MCX-SX
NSE, MCX
Account Type
Online Trading
Flat Fee Brokerage Plan
Broker Enquiry
Year of Incorporation
1987
2015
Number of Branches
509
0
Enquire Geojit
Enquire Fyers
Geojit Vs Fyers Charges
Geojit
Fyers
Trading Account Opening Fees
₹425
₹0 (Free)
Trading Account AMC
NIL
₹0 (Free)
Demat Account Opening Fees
NIL
₹0 (Free)
Demat Account AMC
₹0
₹400
Demat Account is Mandatory?
No
No
Geojit Vs Fyers Brokerage
Other Charges
Minimum Brokerage Charges
1p per share or ₹20/contract whichever is higher
Other Brokerage Charges
Square-off by Fyers - ₹20 per trade, NRI Brokerage: ₹100 per executed order (For all segments)
Call & Trade Charges
₹20 per trade
Geojit Vs Fyers Taxes
Geojit
Fyers
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 Fyers Transaction Charges
Geojit
Fyers
Equity Delivery
₹325 per Cr (0.00325%)
₹325 per Cr (0.00325%)
Equity Intraday
₹325 per Cr (0.00325%)
₹325 per Cr (0.00325%)
Equity Futures
₹210 per Cr (0.0021%)
₹240 per Cr (0.0024%)
Equity Options
₹5500 per Cr (0.05%)
₹5900 per Cr (on premium) (0.059%)
Currency Futures
₹145 per Cr (0.00145%)
₹240 per Cr (0.0024%)
Currency Options
₹4730 per Cr (0.0473%) on premium
₹5900 per Cr (on premium) (0.059%)
Commodity
NA
NA
Geojit Vs Fyers Exposure Margin
Geojit
Fyers
Equity Delivery
Upto 7x with 22% interest per year
1 times
Equity Intraday
Upto 10x
Up to 16x (based on the stock)
Equity Futures
No additional leverage
Intraday - 4 Times, Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options
No additional leverage
Intraday Sell 4x, Intraday Buy with CO 1.3x, Intraday Buy without CO 1x, Carry forward - 1x
Currency Futures
No additional leverage
Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options
No additional leverage
Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) (Options selling)
Commodity Futures
NA
NA
Commodity Options
Geojit and Fyers Feature Comparison
Geojit
Fyers
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
Fyers One (In-house build)
Intraday Square-off Time
3:20 PM
Other Features
Brokerage free thematic investing is available
Referral Program
Geojit Vs Fyers Review
Geojit
Fyers
96 Customer Reviews
12 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
Geojit is Rated 3.8 / 5 based on 96 customer reviews Fyers is Rated 3.9 / 5 based on 12 customer reviews
Geojit Vs Fyers Investment Options
Geojit
Fyers
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Insurance
Geojit Vs Fyers Customer Service
Geojit
Fyers
24/7 Customer Service
Onine Live Chat
Through Branches
Geojit Vs Fyers Order Type Offered
Geojit
Fyers
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Geojit Vs Fyers Research Report
Geojit
Fyers
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Geojit Vs Fyers Suitable For Investor Type
Geojit
Fyers
Casual Investor
Active Investor
Trader
Geojit Vs Fyers - Advantages and Disadvantages
Geojit
Fyers
Pros
More Advantages...
Free equity delivery trades and thematic investments. No brokerage for this segment.
Very low brokerage charges of maximum ₹20 per trade.
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!
More Advantages...
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. More Disadvantages...
Depository services are offered through another company (IL&FS). Higher demat charges.
No branch offices.
No good 'til canceled (GTC) orders.
More Disadvantages...
Reviews
Promo / Offers
Fyers offer FREE Trading Account (₹0 account opening fee). Equity delivery trades are FREE (no brokerage) , for other segments you pay ₹20 per trade flat broekrage fee.
This is a limited time offer. Simply leave your contact information with us and Fyers representatives will contact you.
Compare More Brokers
Zerodha
Zero Account Opening Fee