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About 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... 
About Kotak Securities
Incorporated in 1994, Kotak Securities Ltd is a full-service stock broker offering 3-in-1 account (Bank + Trading + Demat Account) to retail investors in India. It offers investment in equities, derivatives (equities, commodities, currency) and mutual funds. It also offers services like Portfolio Management services (PMS), research, margin trade funding, depository services and third-party products like insurance. The company also provides direct access to the US markets.
Kotak Securities is a ...
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 1994, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 153 branches across India.
| Geojit | Kotak Securities | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX-SX | BSE, NSE, MCX, NCDEX |
| Year of Incorporation | 1987 | 1994 |
| Number of Branches | 509 | 153 |
Geojit trading account opening charges is Rs 425 while Kotak Securities account opening changes is Rs 0 (Free). Geojit Demat Account AMC Charges is Rs 700 and Kotak Securities Demat Account AMC Charges is Rs 600.
| Geojit | Kotak Securities | |
|---|---|---|
| Trading Account Opening Charges | Rs 425 | Rs 0 (Free) |
| Trading Account AMC Charges | NIL | Rs 0 |
| Demat Account Opening Charges | NIL | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 700 | Rs 600 |
Geojit brokerage charges for equity is 0.30% and intraday is 0.03% whereas Kotak Securities brokerage charges for equity is 0.25% or Rs 20 whichever is higher and intraday is Free.
| Account Type | Geojit Online Trading | Kotak Securities Trade Free Plan |
|---|---|---|
| Fixed Charges | Rs 499 One Time | |
| Equity Delivery | 0.30% | 0.25% or Rs 20 whichever is higher |
| Equity Intraday | 0.03% | Free |
| Equity Futures | 0.03% | Delivery: Rs 20 per trade | Intraday: Free |
| Equity Options | Rs 125 per contract | Delivery: Rs 20 per trade | Intraday: Free |
| Currency Futures | 0.03% | Delivery: Rs 20 per trade | Intraday: Free |
| Currency Options | Rs 125 per contract | Delivery: Rs 20 per trade | Intraday: Free |
| Commodity Futures | NA | Delivery: Rs 20 per trade | Intraday: Free |
| Commodity Options | NA | Delivery: Rs 20 per trade | Intraday: Free |
| Special Offer | Zerodha (Trade with the best stock broker) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
Zerodha (Trade with the best stock broker) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Geojit | Kotak Securities | |
|---|---|---|
| Account Type | Online Trading | Dealer Assisted Plan |
| Fixed Charges | ||
| Equity Delivery | 0.30% | 0.39% |
| Equity Intraday | 0.03% | 0.039% |
| Equity Futures | 0.03% | 0.039% |
| Equity Options | Rs 125 per contract | Rs 39 per lot |
| Currency Futures | 0.03% | Rs 9 per lot |
| Currency Options | Rs 125 per contract | Rs 5 per lot |
| Commodity Futures | NA | 0.039% |
| Commodity Options | NA | Rs 39 per lot |
| Minimum Brokerage | 1p per share or Rs 20/contract whichever is higher | Rs 21 per executed order |
| Other Charges | ||
| Call & Trade Charges | Rs 50 per call |
Geojit transaction charges for options is Rs 5500 per Cr (0.05%) while Kotak Securities exchange transaction charges for options is NSE: 0.05% on Premium.
| Geojit | Kotak Securities | |
|---|---|---|
| Equity Delivery | Rs 325 per Cr (0.00325%) | NSE: 0.00325%, BSE: 0.00325% |
| Equity Intraday | Rs 325 per Cr (0.00325%) | NSE: 0.00325%, BSE: 0.00325% |
| Equity Futures | Rs 210 per Cr (0.0021%) | NSE: 0.0019% |
| Equity Options | Rs 5500 per Cr (0.05%) | NSE: 0.05% on Premium |
| Currency Futures | Rs 145 per Cr (0.00145%) | NSE: 0.0009%, BSE: 0.00022% |
| Currency Options | Rs 4730 per Cr (0.0473%) on premium | NSE: 0.035%, BSE: 0.001% |
| Commodity | NA | MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006% |
Geojit margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Kotak Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Geojit | Kotak Securities | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
The trading platforms offered Geojit include Selfie Platinum, Selfie Gold, Mobile App. Kotak Securities offers Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite trading software.
| Geojit | Kotak Securities | |
|---|---|---|
| 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 | |
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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 | Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite |
| Intraday Square-off Time | ||
| Trading In SME Shares Allowed? | ||
| Referral Program | ||
| Other Features | 3-in-1 account | |
Geojit is rated 3.6 of 5 based on 107 customer reviews whereas Kotak Securities is rated 2.4 of 5 based on 177 customer reviews.
| Geojit | Kotak Securities | |
|---|---|---|
107 Customer Reviews  |
177 Customer Reviews |
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| Broker Rating | Geojit is rated 3.6 of 5 based on 107 customer reviews | Kotak Securities is rated 2.4 of 5 based on 177 customer reviews |
| Geojit Enquire | Kotak Securities Enquire | |
|---|---|---|
| Contact Broker | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Geojit | Kotak Securities | |
|---|---|---|
| Stock / Equity | |
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| Commodity | |
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| Currency | |
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| IPO | |
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| Bond / NCD | |
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| Debt | |
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| Other Investment Options | Insurance |
| Geojit | Kotak Securities | |
|---|---|---|
| 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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| Geojit | Kotak Securities | |
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| Daily Market Report | |
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| Free Tips | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| Geojit | Kotak Securities | |
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| Geojit | Kotak 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 | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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