Geojit Vs Fyers (Compare Geojit and Fyers)

The side-by-side comparison of Geojit and Fyers. Compare Geojit Vs Fyers brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Geojit vs 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
Supported Exchnages BSE, NSE, MCX-SX NSE, MCX
Account Type Online Trading Flat Fee Brokerage Plan
Year of Incorporation 1987 2015
Number of Branches 509 0
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.
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Geojit Vs Fyers Charges & AMC

Geojit trading account opening charges is ₹425 while Fyers account opening changes is ₹400 (Free). Geojit Demat Account AMC Charges is ₹0 and Fyers Demat Account AMC Charges is ₹300.

  Geojit Fyers
Trading Account Opening Charges ₹425 ₹400 (Free)
Trading Account AMC Charges NIL ₹0 (Free)
Demat Account Opening Charges NIL ₹0 (Free)
Demat Account AMC Charges ₹0 ₹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 ₹0 (Free) and intraday is ₹20 per executed order or .03% whichever is lower.

  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 .03% whichever is lower
Equity Futures Brokerage 0.03% ₹20 per executed order or .03% whichever is lower
Equity Options Brokerage ₹125 per contract ₹20 per executed order
Currency Futures Trading Brokerage 0.03% ₹20 per executed order or .03% whichever is lower
Currency Options Trading Brokerage ₹125 per contract ₹20 per executed order
Commodity Futures Trading Brokerage NA ₹20 per executed order or .03% whichever is lower
Commodity Options Trading Brokerage NA ₹20 per executed order
Special Offer
Special Offer: Brokerage free equity delivery trading (no commission) + Max flat ₹20 Intra-day and F&O trades. Get the offer

Geojit Charges Vs Fyers

Minimum Brokerage Charges 1p per share or ₹20/contract whichever is higher Intra-day: ₹7 or 2.5% whichever is lower
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 Transaction Charges

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

  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
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Geojit Vs Fyers Leverage (Margin)

Geojit provides the margin of Upto 10x for intraday trades whereas the Fyers margin for intraday cash is Up to 16x (based on the stock).

  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
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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 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 is rated 3.8 of 5 based on 98 customer reviews whereas Fyers is rated 4.0 of 5 based on 14 customer reviews.

  Geojit Fyers
  98 Customer Reviews    Rate Geojit 14 Customer Reviews    Rate Fyers
Fees 3.7 3.6
Trading Brokerage 3.3 4.0
Trading Platform Usability 4.1 3.6
Customer Service 3.8 4.3
Research Capabilities 3.0 2.0
Overall Ratings Rated 3.8 stars Rated 4.0 stars
Broker Rating Geojit is rated 3.8 of 5 based on 98 customer reviews Fyers is rated 4.0 of 5 based on 14 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....

Brokerage free equity delivery trading (no commission) + Max flat ₹20 Intra-day and F&O trades. Get the offer

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Geojit Vs Fyers Investment Options

  Geojit Fyers
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 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 ₹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!
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.
  • 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

Get free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with Fyers, simply leave your contact information with us and Fyers representatives will call you.

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