Geojit Vs Kotak Securities Share Broker Comparison
The side-by-side comparison of Geojit BNP Paribas and Kotak Securities Ltd stock brokers in India. The comparison below highlights the similarities and differences between Geojit and Kotak Securities's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Geojit and Kotak Securities.
| |
Geojit BNP Paribas |
Kotak Securities Ltd |
| |
|
|
|
 |
 |
| About the Broker |
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...  |
Kotak Securities Ltd, a subsidiary of Kotak Mahindra Bank was founded in 1994. They offers stock broking services and distributes financial products in India. They have 1209 branches, franchisees and satellite offices offers services to 11.95 Lakh cu... |
Type of Broker
|
Full Service Broker |
Full Service Broker |
| Supported Exchnage
|
BSE, NSE, MCX-SX |
BSE, NSE, MCX-SX, MCX, NCDEX |
| Account Type
|
Online Trading |
Fixed Brokerage Plan |
| Broker Enquiry |
|
|
Stock Broker Fees / Charges
| |
Geojit BNP Paribas |
Kotak Securities Ltd |
| Trading Account Opening Fees
|
NIL |
Rs 750 |
| Trading Account AMC
|
NIL |
Rs 0 |
| Demat Account Opening Fees
|
NIL |
Rs 0 |
| Demat Account AMC
|
Rs 600 |
Rs 600 |
| Demat Account is Mandatory?
|
No |
No |
Trading Brokerage Charges
Brokerage Plan 1
| |
Geojit BNP Paribas |
Kotak Securities Ltd |
| Account Type |
Online Trading |
Fixed Brokerage Plan |
| Fixed Charges
|
|
|
| Equity Delivery Brokerage
|
0.30% |
0.49% |
| Equity Intraday Brokerage
|
0.03% |
0.049% |
| Equity Futures Brokerage
|
0.03% |
0.049% |
| Equity Options Brokerage
|
Rs 150 per contract |
Rs 300 |
| Currency Futures Trading Brokerage
|
Rs 150 per contract |
|
| Currency Options Trading Brokerage
|
Rs 150 per contract |
|
| Commodity Futures Trading Brokerage
|
NA |
0.070% |
| Commodity Options Trading Brokerage
|
|
|
Brokerage Plan 2
| |
Geojit BNP Paribas |
Kotak Securities Ltd |
| Account Type |
Online Trading |
Dynamic Brokerage Plan |
| Fixed Charges
|
|
|
| Equity Delivery Brokerage
|
0.30% |
0.59% to 0.30% |
| Equity Intraday Brokerage
|
0.03% |
0.06% to 0.05% |
| Equity Futures Brokerage
|
0.03% |
0.07% to 0.05% |
| Equity Options Brokerage
|
Rs 150 per contract |
2.5% to 1.8% |
| Currency Futures Trading Brokerage
|
Rs 150 per contract |
0.04% or Rs 20 per lot |
| Currency Options Trading Brokerage
|
Rs 150 per contract |
Rs 20 to Rs 7.5 per lot |
| Commodity Futures Trading Brokerage
|
NA |
|
| Commodity Options Trading Brokerage
|
|
|
Other Charges
| Minimum Brokerage Charges
|
1p per share or Rs 20/contract whichever is higher |
4 paise for delivery and 3 paise for Intraday and Futures orders |
| Other Brokerage Charges
|
|
|
| Call & Trade Charges
|
|
|
Taxes
| |
Geojit BNP Paribas |
Kotak Securities Ltd |
| 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)
|
- 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 |
Check table below |
| SEBI Charges
|
Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
|
18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
|
Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
| |
Geojit BNP Paribas |
Kotak Securities Ltd |
| Equity Delivery
|
0.00325% |
|
| Equity Intraday
|
0.00325% |
|
| Equity Futures
|
0.0021% |
|
| Equity Options
|
0.055% on premium |
|
| Currency Futures
|
0.00145% |
|
| Currency Options
|
0.0473% on premium |
|
| Commodity
|
NA |
|
Exposure
| |
Geojit BNP Paribas |
Kotak Securities Ltd |
| Equity Delivery
|
|
1x (no margin) |
| Equity Intraday
|
|
50 times |
| Equity Futures
|
|
12 to 15 times |
| Equity Options
|
|
Selling: 200 times | Buying: 10 times |
| Currency Futures
|
|
NA |
| Currency Options
|
|
NA |
| Commodity
|
|
NA |
Share Broker Features
| |
Geojit BNP Paribas |
Kotak Securities Ltd |
| 3 in 1 Account
|
 |
 |
| Charting
|
|
|
| Automated Trading
|
|
|
| SMS Alerts
|
|
|
| Online Demo
|
|
|
| Online Portfolio
|
|
|
| Margin Trading Funding Available
|
|
|
| Trading Platform
|
SELFIE |
|
| Intraday Square-off Time
|
|
|
| Other Features
|
|
Trading software terminal: Keat Pro X |
Broker Ratings (Average User Rating)
| |
Geojit BNP Paribas |
Kotak Securities Ltd |
| |
91 Customer Reviews  |
132 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 91 customer reviews |
Kotak Securities is Rated 2.6 / 5 based on 132 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
| |
Geojit BNP Paribas |
Kotak Securities Ltd |
| Stock / Equity
|
|
|
| Commodity
|
|
|
| Currency
|
|
|
| Initial Public Offers (IPO)
|
|
|
| Mutual Funds
|
|
|
| Bond / NCD
|
|
|
| Debt
|
|
|
| Other Investment Options
|
Insurance |
|
Customer Service Offered
| |
Geojit BNP Paribas |
Kotak Securities Ltd |
| 24/7 Customer Service
|
|
|
| Onine Live Chat
|
|
|
| Through Branches
|
|
|
Order Type
| |
Geojit BNP Paribas |
Kotak Securities Ltd |
| Bracket Order
|
|
|
| Cover Order
|
|
|
| Buy Today Sell Tomorrow (BTST)
|
|
|
| Sell Today Buy Tomorrow (STBT)
|
|
|
| After Market Order(AMO)
|
|
|
| Good Till Cancelled (GTC)
|
|
|
Research / Tips / Reports Published
| |
Geojit BNP Paribas |
Kotak Securities Ltd |
| Daily Market Report
|
|
|
| Free Tips
|
|
|
| Quarterly Result Analysis
|
|
|
| News Alerts
|
|
|
Suitable for Investor Category
| |
Geojit BNP Paribas |
Kotak Securities Ltd |
| Casual Investor
|
|
|
| Active Investor
|
|
|
| Trader
|
|
|
Pros, Cons and Other Review Comments
| |
Geojit BNP Paribas |
Kotak Securities Ltd |
| Pros
|
More Advantages... |
- Offers 3-in-1 Account.
- Kotak Security is a full services broker offering wide range of investment options and research reports.
- Kotak Securities has extended network of 1400+ branches across India.
- It offers 3-in-1 account, the combination of broker account, bank account and a demat account. All these accounts are linked together and work seamlessly to make stock market investment very easy especially for beginners in stock market.
- Kotak offers 5 different trading platforms to fulfill almost all customer requirements.
More Advantages... |
| 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.
More Disadvantages... |
- The brokerage changed by them of higher than the discount brokers.
- Commodity trading is available through another company 'Kotak Commodity Services Ltd'.
More Disadvantages... |
| Reviews
|
|
|
| Promo / Offers
|
|
|
|
Enquire about Geojit
|
Enquire about Kotak Securities
|
| Compare More Brokers |
|
|
Zerodha
Zero Account Opening Fee