Geojit Vs Fyers (Compare Geojit and Fyers)

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 Fyers Account

Geojit Vs Fyers Charges & AMC

Geojit trading account opening charges is Rs 0 (Free) while Fyers account opening changes is Rs 0 (Free). Geojit Demat Account AMC Charges is Rs 400 per year and Fyers Demat Account AMC Charges is Rs 300.

	Geojit	Fyers
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	Rs 400 per year	Rs 300

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.

Account Type	Geojit Online Traditional Plan	Fyers 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	0.01%	Rs 20 per executed order or .03% whichever is lower
Equity Options	Rs 50 per lot	Rs 20 per executed order
Currency Futures	0.01%	Rs 20 per executed order or .03% whichever is lower
Currency Options	Rs 50 per lot	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	Zerodha (Trade with the best stock broker) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.	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 Vs Fyers Brokerage Plan 2

	Geojit	Fyers
Account Type	GTrade Max	Flat Fee Brokerage Plan
Fixed Charges		NA
Equity Delivery	0.30%	Rs 0 (Free)
Equity Intraday	Rs 20 per trade or 0.03% which is lower	Rs 20 per executed order or .03% whichever is lower
Equity Futures	Rs 40 per lot	Rs 20 per executed order or .03% whichever is lower
Equity Options	Rs 20 per lot	Rs 20 per executed order
Currency Futures	Rs 40 per lot	Rs 20 per executed order or .03% whichever is lower
Currency Options	Rs 20 per lot	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
		Open Fyers Account

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	Intraday Auto Square off at Rs 20 per lot	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

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
		Open Fyers Account

Geojit Vs Fyers Leverage (Margin)

Geojit margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Fyers margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	Geojit	Fyers
Equity Delivery	100% of trade value (1x leverage)	100% of trade value (1x leverage)
Equity Intraday	Up to 20% of trade value (5x leverage)	Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)	100% of NRML margin (Span + Exposure) (1x leverage)	100% of NRML margin (Span + Exposure) (1x leverage)
		Open Fyers Account

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
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
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
Trading In SME Shares Allowed?
Referral Program
Other Features		Brokerage free thematic investing is available
		Open Fyers Account

Geojit Vs Fyers Review

Geojit is rated 3.6 of 5 based on 108 customer reviews whereas Fyers is rated 3.1 of 5 based on 30 customer reviews.

	Geojit	Fyers
	108 Customer Reviews	30 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Geojit is rated 3.6 of 5 based on 108 customer reviews	Fyers is rated 3.1 of 5 based on 30 customer reviews

Contact Broker / Request A Call Back

Geojit Vs Fyers Investment Options

	Geojit	Fyers
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance

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)
		Open Fyers Account

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 - Pros and Cons

	Geojit	Fyers
Pros	Free research and ecommendations. Free account opening. Rs 20 per trade Intraday trading brokerage in GTrade Max plan. 4 times exposure through MTF Access to 472 branches for customer support. Offices in UAE, Oman, Bahrain and Kuwait to help NRI investors. Excellent online trading platforms.	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	High brokerage charges across all segment in comparision to other full-service brokers like Angel Broking, IIFL and Edelseiss. High minimum brokerage charges of Rs 20 per lot or 1 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	Zerodha (India's Best & No. 1 Broker)   Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews	Fyers Special Offer 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.
		Open Fyers Account