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.
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
Geojit Vs Fyers Charges
Geojit
Fyers
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
₹400
Demat Account is Mandatory?
No
No
Geojit Vs Fyers Brokerage
Brokerage Plan 1
Geojit
Fyers
Account Type
Online Trading
Flat Fee Brokerage Plan
Fixed Charges
Equity Delivery Brokerage
0.30%
₹0 (Free)
Equity Intraday Brokerage
0.03%
₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage
0.03%
₹20 per executed order or .01% whichever is lower
Equity Options Brokerage
Rs 125 per contract
₹20 per executed order
Currency Futures Trading Brokerage
0.03%
₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage
Rs 125 per contract
₹20 per executed order
Commodity Futures Trading Brokerage
NA
NA
Commodity Options Trading Brokerage
NA
Other Charges
Minimum Brokerage Charges
1p per share or Rs 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
0.00325%
₹325 per crore (0.00325%)
Equity Intraday
0.00325%
₹325 per crore (0.00325%)
Equity Futures
0.0021%
₹240 per crore (0.0024%)
Equity Options
0.055% on premium
₹5900 per crore (on premium) (0.059%)
Currency Futures
0.00145%
₹240 per crore (0.0024%)
Currency Options
0.0473% on premium
₹5900 per crore (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
94 Customer Reviews
10 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
Fyers is Rated 3.7 / 5 based on 10 customer reviews
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.
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.
Zerodha
Zero Account Opening Fee