Geojit Vs Karvy (Compare Geojit and Karvy)

Geojit Vs Karvy

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 1985, Karvy is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 575 branches across India.

	Geojit	Karvy
Type of Broker	Full Service Broker	Full Service Broker
Supported Exchnages	BSE, NSE, MCX-SX	BSE, NSE, MCX
Account Type	Online Trading	Retail Brokerage Plan
Year of Incorporation	1987	1985
Number of Branches	509	575
Broker Enquiry

Geojit Vs Karvy Charges & AMC

Geojit trading account opening charges is Rs 425 while Karvy account opening changes is Rs 650. Geojit Demat Account AMC Charges is Rs 0 and Karvy Demat Account AMC Charges is Rs 420.

	Geojit	Karvy
Trading Account Opening Charges	Rs 425	Rs 650
Trading Account AMC Charges	NIL	Rs 0
Demat Account Opening Charges	NIL	Rs 0
Demat Account AMC Charges	Rs 0	Rs 420

Geojit Vs Karvy Brokerage

Geojit brokerage charges for equity is 0.30% and intraday is 0.03% whereas Karvy brokerage charges for equity is 0.3% and intraday is 0.03%.

	Geojit	Karvy
Account Type	Online Trading	Retail Brokerage Plan
Fixed Charges
Equity Delivery Brokerage	0.30%	0.3%
Equity Intraday Brokerage	0.03%	0.03%
Equity Futures Brokerage	0.03%	0.03%
Equity Options Brokerage	Rs 125 per contract	Rs 30 per lot
Currency Futures Trading Brokerage	0.03%	0.03%
Currency Options Trading Brokerage	Rs 125 per contract	Rs 30 per lot
Commodity Futures Trading Brokerage	NA	0.03%
Commodity Options Trading Brokerage	NA	Rs 30 per lot
Special Offer

Geojit Vs Karvy Brokerage Plan 2

	Geojit	Karvy
Account Type	Online Trading	Premium Subscription Plan of 100000
Fixed Charges		Rs 100,000 per year
Equity Delivery Brokerage	0.30%	0.1%
Equity Intraday Brokerage	0.03%	0.01%
Equity Futures Brokerage	0.03%	0.01%
Equity Options Brokerage	Rs 125 per contract	Rs 10 per lot
Currency Futures Trading Brokerage	0.03%	0.01%
Currency Options Trading Brokerage	Rs 125 per contract	Rs 10 per lot
Commodity Futures Trading Brokerage	NA	0.01%
Commodity Options Trading Brokerage	NA	Rs 10 per lot

Geojit Charges Vs Karvy

Minimum Brokerage Charges	1p per share or Rs 20/contract whichever is higher	Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher
Other Brokerage Charges
Call & Trade Charges

Geojit Vs Karvy Transaction Charges

Geojit transaction charges for options is Rs 5500 per Cr (0.05%) while Karvy exchange transaction charges for options is Rs 5500.

	Geojit	Karvy
Equity Delivery	Rs 325 per Cr (0.00325%)	Rs 325
Equity Intraday	Rs 325 per Cr (0.00325%)	Rs 325
Equity Futures	Rs 210 per Cr (0.0021%)	Rs 230
Equity Options	Rs 5500 per Cr (0.05%)	Rs 5500
Currency Futures	Rs 145 per Cr (0.00145%)	Rs 325
Currency Options	Rs 4730 per Cr (0.0473%) on premium
Commodity	NA	Rs 300

Geojit Vs Karvy Leverage (Margin)

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

	Geojit	Karvy
Equity Delivery	Upto 7x with 22% interest per year	Upto 5x with 24% interest per year
Equity Intraday	Upto 10x	Upto 20x
Equity Futures	No additional leverage	Upto 4x
Equity Options	No additional leverage	Upto 4x for shorting
Currency Futures	No additional leverage	Nil
Currency Options	No additional leverage	Nil
Commodity Futures	NA	Upto 4x
Commodity Options

Compare Geojit and Karvy Features

The trading platforms offered Geojit include Selfie Platinum, Selfie Gold, Mobile App. Karvy offers NEST, Karvy Web, Trade Mobile trading software.

	Geojit	Karvy
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	NEST, Karvy Web, Trade Mobile
Intraday Square-off Time		3:15
Other Features		Ask the expert, The Finapolis
Referral Program

Geojit Vs Karvy Review

Geojit is rated 3.7 of 5 based on 101 customer reviews whereas Karvy is rated 2.0 of 5 based on 24 customer reviews.

	Geojit	Karvy
	101 Customer Reviews	24 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 101 customer reviews	Karvy is rated 2.0 of 5 based on 24 customer reviews

Geojit Vs Karvy Investment Options

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

Geojit Vs Karvy Order Type Offered

	Geojit	Karvy
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

Geojit Vs Karvy Research Report

	Geojit	Karvy
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Geojit Vs Karvy Suitable For Investor Type

	Geojit	Karvy
Casual Investor
Active Investor
Trader

Geojit Vs Karvy - Pros and Cons

	Geojit	Karvy
Pros		Pay Rs 1200 one time and get life time free AMC demat account Offers investment in IPO and Mutual funds Free research reports Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
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.	Doesn't offer 3 in 1 account Brokerage rates are negotiable Higher brokerage compare to discount brokers
Reviews
Promo / Offers