Geojit Vs India Infoline (IIFL) (Compare Geojit and India Infoline (IIFL))
The side-by-side comparison of Geojit and India Infoline (IIFL). Compare Geojit Vs India Infoline (IIFL) brokerage, charges, exposure margin, demat account. Read India Infoline (IIFL) and Geojit review.
Find out Geojit Vs India Infoline (IIFL) which is better and Geojit Vs India Infoline (IIFL) which is best.
Our Geojit BNP Paribas comparison with India Infoline Limited highlights the major differences between two brokers. Find the best between Geojit and India Infoline (IIFL).
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...
Incorporated in 1995, India Infoline (IIFL) is the brokerage firm of India Infoline Group, a fastest growing financial services solution provider in India. India Infoline is listed on BSE (532636) and NSE (INDIAINFO) for securities trading.
IIFL off...
Type of Broker
Full Service Broker
Full Service Broker
Supported Exchnage
BSE, NSE, MCX-SX
NSE, BSE, MCX
Account Type
Online Trading
Standard Account
Broker Enquiry
Year of Incorporation
1987
1996
Number of Branches
509
900
Geojit Vs India Infoline (IIFL) Charges
Geojit
India Infoline (IIFL)
Trading Account Opening Fees
Rs 425
₹750
Trading Account AMC
NIL
₹0
Demat Account Opening Fees
NIL
₹555
Demat Account AMC
Rs 0
₹ 555 (One time)
Demat Account is Mandatory?
No
No
Geojit Vs India Infoline (IIFL) Brokerage
Brokerage Plan 1
Geojit
India Infoline (IIFL)
Account Type
Online Trading
Standard Account
Fixed Charges
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
1% of Premium or ₹100 per lot whichever is high
Currency Futures Trading Brokerage
0.03%
Rs 25 per lot
Currency Options Trading Brokerage
Rs 125 per contract
1% of Premium or ₹100 per lot whichever is high
Commodity Futures Trading Brokerage
NA
0.05%
Commodity Options Trading Brokerage
NA
Other Charges
Minimum Brokerage Charges
1p per share or Rs 20/contract whichever is higher
Rs 0.05 per share
Other Brokerage Charges
Advisory SMS - Rs 50 per month
Call & Trade Charges
Rs 50 per call
Geojit Vs India Infoline (IIFL) Taxes
Geojit
India Infoline (IIFL)
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)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Geojit Vs India Infoline (IIFL) Transaction Charges
Geojit
India Infoline (IIFL)
Equity Delivery
0.00325%
0.00325%
Equity Intraday
0.00325%
0.00325%
Equity Futures
0.0021%
0.0021%
Equity Options
0.055% on premium
0.051% on premium
Currency Futures
0.00145%
0.0021%
Currency Options
0.0473% on premium
0.051% on premium
Commodity
NA
0.0028%
Geojit Vs India Infoline (IIFL) Exposure Margin
Geojit
India Infoline (IIFL)
Equity Delivery
Upto 7x with 22% interest per year
Upto 3x with 18% interest per year
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
Geojit and India Infoline (IIFL) Feature Comparison
Geojit
India Infoline (IIFL)
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
TT Exe, TT Web, IIFL Markets
Intraday Square-off Time
Other Features
Market Mantra, Loyalty Points
Referral Program
Geojit Vs India Infoline (IIFL) Review
Geojit
India Infoline (IIFL)
94 Customer Reviews
105 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Geojit is Rated 3.8 / 5 based on 94 customer reviews
India Infoline (IIFL) is Rated 2.7 / 5 based on 105 customer reviews
Contact Broker / Request A Call Back
Geojit Enquire
India Infoline (IIFL) Enquire
Contact Broker
Geojit Vs India Infoline (IIFL) Investment Options
Geojit
India Infoline (IIFL)
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Insurance
Geojit Vs India Infoline (IIFL) Customer Service
Geojit
India Infoline (IIFL)
24/7 Customer Service
Onine Live Chat
Through Branches
Geojit Vs India Infoline (IIFL) Order Type Offered
Geojit
India Infoline (IIFL)
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Geojit Vs India Infoline (IIFL) Research Report
Geojit
India Infoline (IIFL)
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Geojit Vs India Infoline (IIFL) Suitable For Investor Type
Geojit
India Infoline (IIFL)
Casual Investor
Active Investor
Trader
Geojit Vs India Infoline (IIFL) - Advantages and Disadvantages
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.
Zerodha
Zero Account Opening Fee