Geojit Vs IIFL Securities (Compare Geojit and IIFL Securities)

Geojit Vs IIFL Securities

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 1996, IIFL Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX. It has 900 branches across India.

	Geojit	IIFL Securities
Type of Broker	Full Service Broker	Full Service Broker
Supported Exchnages	BSE, NSE, MCX-SX	NSE, BSE, MCX
Account Type	Online Trading	Investor Plan (Online Plus)
Year of Incorporation	1987	1996
Number of Branches	509	900
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Geojit Vs IIFL Securities Charges & AMC

Geojit trading account opening charges is Rs 425 while IIFL Securities account opening changes is Rs 250 (Currently waived off). Geojit Demat Account AMC Charges is Rs 0 and IIFL Securities Demat Account AMC Charges is Rs 250 (Free for first year).

	Geojit	IIFL Securities
Trading Account Opening Charges	Rs 425	Rs 250 (Currently waived off)
Trading Account AMC Charges	NIL	Rs 0
Demat Account Opening Charges	NIL	Rs 0
Demat Account AMC Charges	Rs 0	Rs 250 (Free for first year)

Geojit Vs IIFL Securities Brokerage

Geojit brokerage charges for equity is 0.30% and intraday is 0.03% whereas IIFL Securities brokerage charges for equity is 0.25% and intraday is 0.025%.

	Geojit	IIFL Securities
Account Type	Online Trading	Investor Plan (Online Plus)
Fixed Charges		NA
Equity Delivery Brokerage	0.30%	0.25%
Equity Intraday Brokerage	0.03%	0.025%
Equity Futures Brokerage	0.03%	0.025%
Equity Options Brokerage	Rs 125 per contract	Rs 25 per lot
Currency Futures Trading Brokerage	0.03%	0.025% or Rs 20 per lot
Currency Options Trading Brokerage	Rs 125 per contract	Rs 8 per lot
Commodity Futures Trading Brokerage	NA	0.025%
Commodity Options Trading Brokerage	NA	Gold Rs 125 | Silver Rs 80 | Crude Oil Rs 80
Special Offer		Special Offer: Open a FREE Demat & Trading Account (Save upto Rs 1150). Get the exclusive offer

Geojit Vs IIFL Securities Brokerage Plan 2

	Geojit	IIFL Securities
Account Type	Online Trading	Premium Plan (Dedicated RM)
Fixed Charges		NA
Equity Delivery Brokerage	0.30%	0.50%
Equity Intraday Brokerage	0.03%	0.05%
Equity Futures Brokerage	0.03%	0.05%
Equity Options Brokerage	Rs 125 per contract	Rs 50 per lot
Currency Futures Trading Brokerage	0.03%	0.05% or Rs 20 per lot
Currency Options Trading Brokerage	Rs 125 per contract	Rs 10 per lot
Commodity Futures Trading Brokerage	NA	0.05%
Commodity Options Trading Brokerage	NA	Gold Rs 150 | Silver Rs 100 | Crude Oil Rs 100
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Geojit Vs IIFL Securities Brokerage Plan 3

	Geojit	IIFL Securities
Account Type	Online Trading	Super Trader Plan (Pro Traders)
Fixed Charges		Rs 999
Equity Delivery Brokerage	0.30%	0.10%
Equity Intraday Brokerage	0.03%	0.01%
Equity Futures Brokerage	0.03%	0.01%
Equity Options Brokerage	Rs 125 per contract	flat Rs 10 per lot
Currency Futures Trading Brokerage	0.03%	0.015% or Rs 15 per lot
Currency Options Trading Brokerage	Rs 125 per contract	flat Rs 5 per lot
Commodity Futures Trading Brokerage	NA	0.015%
Commodity Options Trading Brokerage	NA	Gold Rs 80 | Silver Rs 50 | Crude Oil Rs 50
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Geojit Charges Vs IIFL Securities

Minimum Brokerage Charges	1p per share or Rs 20/contract whichever is higher	Rs 0.05 per share (Rs 25 Min)
Other Brokerage Charges		Advisory SMS - Rs 50 per month
Call & Trade Charges		Rs 50 per call

Geojit Vs IIFL Securities Transaction Charges

Geojit transaction charges for options is Rs 5500 per Cr (0.05%) while IIFL Securities exchange transaction charges for options is Rs 5100 per Cr (0.051%) (on premium).

	Geojit	IIFL Securities
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 210 per Cr (0.0021%)
Equity Options	Rs 5500 per Cr (0.05%)	Rs 5100 per Cr (0.051%) (on premium)
Currency Futures	Rs 145 per Cr (0.00145%)	Rs 210 per Cr (0.0021%)
Currency Options	Rs 4730 per Cr (0.0473%) on premium	Rs 5100 per Cr (0.051%) (on premium)
Commodity	NA	Group A - Rs 280 per Cr (0.0028%)
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Geojit Vs IIFL Securities Leverage (Margin)

Geojit provides the margin of Upto 10x for intraday trades whereas the IIFL Securities margin for intraday cash is Upto 20x.

	Geojit	IIFL Securities
Equity Delivery	Upto 7x with 22% interest per year	Upto 3x (18% Annual Interest)
Equity Intraday	Upto 10x	Upto 20x
Equity Futures	No additional leverage	Upto 3x
Equity Options	No additional leverage	3x for shorting
Currency Futures	No additional leverage	Upto 2x
Currency Options	No additional leverage	2x for shorting
Commodity Futures	NA	Upto 3x
Commodity Options		Upto 3x
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Compare Geojit and IIFL Securities Features

The trading platforms offered Geojit include Selfie Platinum, Selfie Gold, Mobile App. IIFL Securities offers IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App trading software.

	Geojit	IIFL Securities
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	IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App
Intraday Square-off Time
Other Features
Referral Program
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Geojit Vs IIFL Securities Review

Geojit is rated 3.7 of 5 based on 100 customer reviews whereas IIFL Securities is rated 2.7 of 5 based on 112 customer reviews.

	Geojit	IIFL Securities
	100 Customer Reviews	112 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Geojit is rated 3.7 of 5 based on 100 customer reviews	IIFL Securities is rated 2.7 of 5 based on 112 customer reviews

Geojit Vs IIFL Securities Investment Options

	Geojit	IIFL Securities
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance	Insurance

Geojit Vs IIFL Securities Order Type Offered

	Geojit	IIFL Securities
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Geojit Vs IIFL Securities Research Report

	Geojit	IIFL Securities
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Geojit Vs IIFL Securities Suitable For Investor Type

	Geojit	IIFL Securities
Casual Investor
Active Investor
Trader

Geojit Vs IIFL Securities - Pros and Cons

	Geojit	IIFL Securities
Pros		4000+ branches in 900+ cities make them your neighborhood broker. Being a full service broker, they offer wide range of financial products and services. IIFL offers Systematic Investment Plan in Equity, Commodity and Mutual Fund. India Infoline Ltd is a publicly traded company listed at BSE and NSE.
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.	SMS alerts at additional Rs 249 per month Demat debit charges is 0.05% (Minimum Rs 15 - Maximum Rs 100) per debit transaction. Demat credit charges is NIL. India Infoline doesn't provide 3-in-1 account.
Reviews
Promo / Offers		Open IIFL Demat & Trading Account & Save upto Rs 1150 ( A/c Opening Charge & 1st year AMC waived off). Get the limited time offer
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