The side-by-side comparison of Geojit and IIFL Securities. Compare Geojit Vs IIFL Securities brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Geojit vs IIFL Securities?
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...
IIFL Securities
Incorporated in 1995, IIFL Securities, part of IIFL Group, is one of the largest independent full service stock brokering house serving retail and institutional clients. IIFL Group is a leading financial service provider in India offering a wide range of services. IIFL is a well-recognized brand for the quality of its advice, personalized service and the use of cutting-edge technology.
IIFL Securities offers online trading and research-based advisory services for an entire range of financial pr...
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 | |
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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 |
Broker Enquiry |
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Enquire Geojit | Enquire IIFL Securities |
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 | |
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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 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 | |
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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 | IIFL Securities | |
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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 |
Enquire Geojit | Enquire IIFL Securities |
Geojit | IIFL Securities | |
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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 |
Enquire Geojit | Enquire 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 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 | |
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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%) |
Enquire Geojit | Enquire IIFL Securities |
Geojit provides the margin of Upto 10x for intraday trades whereas the IIFL Securities margin for intraday cash is Upto 20x.
Geojit | IIFL Securities | |
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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 | |
Enquire Geojit | Enquire IIFL Securities |
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 | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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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 | ||
Enquire Geojit | Enquire IIFL Securities |
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 | |
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Bracket Order | ![]() |
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Cover Order | ![]() |
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Buy Today Sell Tomorrow (BTST) | ![]() |
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Sell Today Buy Tomorrow (STBT) | ![]() |
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After Market Order(AMO) | ![]() |
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Good Till Cancelled (GTC) | ![]() |
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Enquire Geojit | Enquire IIFL Securities |
Geojit | IIFL Securities | |
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Pros |
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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. |
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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 | |
Enquire Geojit | Enquire IIFL Securities |
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