Geojit Vs Indira Securities (Compare Geojit and Indira 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... Know more about Geojit BNP Paribas


Indira Securities
Established in 1987, Indira Securities is an Indore, MP based full-service stock broking and investment Services Company. The company is a member of the NSE, BSE, MCX and NCDEX exchanges. It is a depository participant (DP) with CDSL. The company offers trading and investment in equities, commodities, currency, derivatives, IPOs, insurance and mutual funds etc. It also offers research and advisory to its customers. Indira Securities offers both traditional and discount brokerage plans. In the ... Know more about Indira Securities Pvt Ltd

Expand

Geojit Vs Indira 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 1987, Indira Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX and NCDEX. It has 335 branches across India.

  Geojit Indira Securities
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX-SX BSE, NSE, MCX and NCDEX
Year of Incorporation 1987 1987
Number of Branches 509 335
Open an Online Trading Account with Geojit.Open an Online Trading Account with Indira Securities.
Enquire GeojitEnquire Indira Securities
Expand

Geojit Vs Indira Securities Charges & AMC

Geojit trading account opening charges is Rs 425 while Indira Securities account opening changes is Rs 0 (Free). Geojit Demat Account AMC Charges is Rs 700 and Indira Securities Demat Account AMC Charges is Rs 450 (Free for 1st year).

  Geojit Indira Securities
Trading Account Opening Charges Rs 425 Rs 0 (Free)
Trading Account AMC Charges NIL Rs 0 (Free)
Demat Account Opening Charges NIL Rs 0 (Free)
Demat Account AMC Charges Rs 700 Rs 450 (Free for 1st year)
Expand

Geojit Vs Indira Securities Brokerage Charges & Plans

Geojit Vs Indira Securities Brokerage

Geojit brokerage charges for equity is 0.30% and intraday is 0.03% whereas Indira Securities brokerage charges for equity is 0.10% and intraday is 0.01%.

  Geojit Indira Securities
Account Type Online Trading Traditional Plan
Fixed Charges NA
Equity Delivery 0.30% 0.10%
Equity Intraday 0.03% 0.01%
Equity Futures 0.03% 0.01%
Equity Options Rs 125 per contract Rs 25 per lot (both side)
Currency Futures 0.03% 0.01%
Currency Options Rs 125 per contract Rs 25 per lot (both side)
Commodity Futures NA 0.01%
Commodity Options NA Rs 25 per lot (both side)
Special Offer
Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades.

Geojit Vs Indira Securities Brokerage Plan 2

  Geojit Indira Securities
Account Type Online Trading Discount Brokerage Plan
Fixed Charges NA
Equity Delivery 0.30% Rs 20 per executed order
Equity Intraday 0.03% Rs 20 per executed order
Equity Futures 0.03% Rs 20 per executed order
Equity Options Rs 125 per contract Rs 20 per executed order
Currency Futures 0.03% Rs 20 per executed order
Currency Options Rs 125 per contract Rs 20 per executed order
Commodity Futures NA Rs 20 per executed order
Commodity Options NA Rs 20 per executed order
Enquire GeojitEnquire Indira Securities

Geojit Charges Vs Indira Securities

Minimum Brokerage 1p per share or Rs 20/contract whichever is higher Rs 20 per executed order
Other Charges
Call & Trade Charges Rs 0 (Free)
Expand

Geojit Vs Indira Securities Transaction Charges

Geojit transaction charges for options is Rs 5500 per Cr (0.05%) while Indira Securities exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium).

  Geojit Indira Securities
Equity Delivery Rs 325 per Cr (0.00325%) NSE Rs 325 per Cr (0.00325%)
Equity Intraday Rs 325 per Cr (0.00325%) NSE Rs 325 per Cr (0.00325%)
Equity Futures Rs 210 per Cr (0.0021%) NSE Rs 190 per Cr (0.0019%)
Equity Options Rs 5500 per Cr (0.05%) NSE Rs 5000 per Cr (0.05%) (on premium)
Currency Futures Rs 145 per Cr (0.00145%) NSE Rs 120 per Cr (0.0012%)
Currency Options Rs 4730 per Cr (0.0473%) on premium NSE Rs 500 per Cr (0.005%) (on premium)
Commodity NA Non-Agri: Rs 260 per Cr (0.0026%) | Agri: Rs 600 per Cr (0.006%)
Enquire GeojitEnquire Indira Securities
Expand

Geojit Vs Indira Securities Leverage (Margin)

Geojit margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Indira Securities margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

  Geojit Indira Securities
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 6x (based on the stock) Up to 6x (based on the stock)
Equity F&O Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Enquire GeojitEnquire Indira Securities
Expand

Compare Geojit and Indira Securities Features

The trading platforms offered Geojit include Selfie Platinum, Selfie Gold, Mobile App. Indira Securities offers ODIN trading software.

  Geojit Indira Securities
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Selfie Platinum, Selfie Gold, Mobile App ODIN
Intraday Square-off Time 3:15 PM
Other Features
Referral Program Yes
Enquire GeojitEnquire Indira Securities
Expand

Geojit Vs Indira Securities Review

Geojit is rated 3.7 of 5 based on 102 customer reviews whereas Indira Securities is rated 4.0 of 5 based on 3 customer reviews.

  Geojit Indira Securities
  102 Customer Reviews    Rate Geojit 3 Customer Reviews    Rate Indira Securities
Fees 3.6 2.3
Brokerage 3.3 4.3
Trading Platform 4.0 4.0
Customer Service 3.8 4.0
Research Capabilities 3.2 4.3
Overall Ratings Rated 3.7 stars Rated 4.0 stars
Broker Rating Geojit is rated 3.7 of 5 based on 102 customer reviews Indira Securities is rated 4.0 of 5 based on 3 customer reviews
Expand

Contact Broker / Request A Call Back

  Geojit Enquire Indira Securities Enquire
Contact Broker Leave your contact information and we will get in touch with you....
FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades.
Expand

Geojit Vs Indira Securities Investment Options

  Geojit Indira Securities
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Insurance
Expand

Geojit Vs Indira Securities Order Type Offered

  Geojit Indira Securities
Bracket Order No Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No
Enquire GeojitEnquire Indira Securities
Expand

Geojit Vs Indira Securities Research Report

  Geojit Indira Securities
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
Expand

Geojit Vs Indira Securities Suitable For Investor Type

  Geojit Indira Securities
Casual Investor
Active Investor Yes Yes
Trader Yes
Expand

Geojit Vs Indira Securities - Pros and Cons

  Geojit Indira Securities
Pros
  • Full-service broker offering discount brokerage plan.
  • Relationship manager even for online customers.
  • Offers ODIN as trading platform.
  • Investment in mutual fund for free.
  • Pan India presence with hundreds of branches, and business partners.
  • No charges for Call & Trade and Auto Square-off.
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.
  1. Flat-rate brokerage plans (Rs 20 per trade) is not available in MP and Rajasthan.
  2. Advance order types i.e. CO, and BO are not available in the mobile app.
  3. Doesn't offer NRI trading account.
Reviews
Promo / Offers

Free Equity Delivery Trading

Get FREE equity delivery trading and pay flat Rs 20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM.

Enquire GeojitEnquire Indira Securities

Compare More Brokers...

Geojit Indira Securities
Compare More Brokers:







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App