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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.

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Geojit Vs Fyers

  Geojit BNP Paribas Fyers Securities Ltd
 
Geojit BNP Paribas Logo Fyers Securities Ltd Logo
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... Know more about Geojit BNP Paribas 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... Know more about Fyers Securities Ltd
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 Open an Online Trading Account with Geojit. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Fyers. Leave your contact info and we will get in touch with you.
Year of Incorporation 2015
Number of Branches 1
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Geojit Vs Fyers Charges

  Geojit BNP Paribas Fyers Securities 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 ₹400
Demat Account is Mandatory? No No
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Geojit Vs Fyers Brokerage

Brokerage Plan 1

  Geojit BNP Paribas Fyers Securities Ltd
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
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Geojit Vs Fyers Taxes

  Geojit BNP Paribas Fyers Securities 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.
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Geojit Vs Fyers Transaction Charges

  Geojit BNP Paribas Fyers Securities Ltd
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
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Geojit Vs Fyers Exposure Margin

  Geojit BNP Paribas Fyers Securities Ltd
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 NA NA
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Geojit and Fyers Feature Comparison

  Geojit BNP Paribas Fyers Securities Ltd
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 Available 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
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Geojit Vs Fyers Review

  Geojit BNP Paribas Fyers Securities Ltd
  93 Customer Reviews    Rate Geojit 8 Customer Reviews    Rate Fyers
Fees Ratings 3.7 3.1
Trading Brokerage Rating 3.3 3.9
Trading Platform Usability 4.1 3.0
Customer Service Ratings 3.8 4.0
Overall Ratings Rated 3.8 stars Rated 3.6 stars
Broker Rating Geojit is Rated 3.8 / 5 based on 93 customer reviews Fyers is Rated 3.6 / 5 based on 8 customer reviews
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Contact Broker / Request A Call Back

  Geojit BNP Paribas Fyers Securities Ltd
Contact / Request Call Back
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Geojit Vs Fyers Investment Options

  Geojit BNP Paribas Fyers Securities Ltd
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
Initial Public Offers (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 Customer Service

  Geojit BNP Paribas Fyers Securities Ltd
24/7 Customer Service No No
Onine Live Chat No No
Through Branches Yes No
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Geojit Vs Fyers Order Type Offered

  Geojit BNP Paribas Fyers Securities Ltd
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 BNP Paribas Fyers Securities Ltd
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 BNP Paribas Fyers Securities Ltd
Casual Investor
Active Investor Yes Yes
Trader Yes
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Geojit Vs Fyers - Advantages and Disadvantages

  Geojit BNP Paribas Fyers Securities Ltd
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 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.

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.

Enquire about Geojit Enquire about Fyers
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