Geojit Vs Paytm Money (Compare Geojit and Paytm Money)


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


Paytm Money
Incorporated in 2017, Paytm Money Limited (commonly known as Paytm Money) is a Bengaluru based discount brokering firm. Paytm Money is a wholly-owned subsidiary of India's largest and leading digital goods and mobile platform, One97 Communications Ltd that also owns the Paytm brand. Paytm is an RBI-approved Indian e-commerce payment system. Paytm Money is a SEBI registered stockbroker and an Investment Advisor. The company has a depository participant membership of CDSL and is also a member of ... Know more about Paytm Money Limited

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Geojit Vs Paytm Money

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 2017, Paytm Money is a Discount Broker. It offers trading at NSE and BSE. It has 1 branches across India.

  Geojit Paytm Money
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX-SX NSE and BSE
Year of Incorporation 1987 2017
Number of Branches 509 1
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Geojit Vs Paytm Money Charges & AMC

Geojit trading account opening charges is Rs 425 while Paytm Money account opening changes is Rs 200. Geojit Demat Account AMC Charges is Rs 700 and Paytm Money Demat Account AMC Charges is Rs 0 (Free).

  Geojit Paytm Money
Trading Account Opening Charges Rs 425 Rs 200
Trading Account AMC Charges NIL Rs 0
Demat Account Opening Charges NIL Rs 0
Demat Account AMC Charges Rs 700 Rs 0 (Free)
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Geojit Vs Paytm Money Brokerage Charges & Plans

Geojit Vs Paytm Money Brokerage

Geojit brokerage charges for equity is 0.30% and intraday is 0.03% whereas Paytm Money brokerage charges for equity is Rs 0 (Free) and intraday is Lower of 0.05% or Rs 10 per executed order.

  Geojit Paytm Money
Account Type Online Trading Standard Plan
Fixed Charges NA
Equity Delivery 0.30% Rs 0 (Free)
Equity Intraday 0.03% Lower of 0.05% or Rs 10 per executed order
Equity Futures 0.03% Rs 10 per executed order
Equity Options Rs 125 per contract Rs 10 per executed order
Currency Futures 0.03%
Currency Options Rs 125 per contract
Commodity Futures NA
Commodity Options NA
Special Offer
Special Offer: Brokerage free equity delivery trading + Flat Rs 10 Intra-day and F&O trades + Rs 0 Demat AMC. Get the offer

Geojit Charges Vs Paytm Money

Minimum Brokerage 1p per share or Rs 20/contract whichever is higher Rs 0.01 per executed order on Equity Delivery trades
Other Charges Platform Usage Fees - Rs300 p.a; Physical Statements/Documents - ₹300 per request + ₹300 per Courier
Call & Trade Charges Rs 300
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Geojit Vs Paytm Money Transaction Charges

Geojit transaction charges for options is Rs 5500 per Cr (0.05%) while Paytm Money exchange transaction charges for options is Rs 5,000 per Cr (0.05%).

  Geojit Paytm Money
Equity Delivery Rs 325 per Cr (0.00325%) NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday Rs 325 per Cr (0.00325%) NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures Rs 210 per Cr (0.0021%) Rs 190 per Cr (0.0019%)
Equity Options Rs 5500 per Cr (0.05%) Rs 5,000 per Cr (0.05%)
Currency Futures Rs 145 per Cr (0.00145%)
Currency Options Rs 4730 per Cr (0.0473%) on premium
Commodity NA
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Geojit Vs Paytm Money 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 Paytm Money 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 Paytm Money
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)
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Compare Geojit and Paytm Money Features

The trading platforms offered Geojit include Selfie Platinum, Selfie Gold, Mobile App. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.

  Geojit Paytm Money
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) No
Margin Against Shares (Equity F&O) No
Trading Platform Selfie Platinum, Selfie Gold, Mobile App Paytm Money mobile app, Paytm Money website
Intraday Square-off Time 3:15 PM
Other Features
Referral Program
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Geojit Vs Paytm Money Review

Geojit is rated 3.7 of 5 based on 102 customer reviews whereas Paytm Money is rated 3.4 of 5 based on 16 customer reviews.

  Geojit Paytm Money
  102 Customer Reviews    Rate Geojit 16 Customer Reviews    Rate Paytm Money
Fees 3.6 3.4
Brokerage 3.3 3.9
Trading Platform 4.0 3.7
Customer Service 3.8 2.5
Research Capabilities 3.2 3.2
Overall Ratings Rated 3.7 stars Rated 3.4 stars
Broker Rating Geojit is rated 3.7 of 5 based on 102 customer reviews Paytm Money is rated 3.4 of 5 based on 16 customer reviews
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Contact Broker / Request A Call Back

  Geojit Enquire Paytm Money Enquire
Contact Broker Leave your contact information and we will get in touch with you....
Brokerage free equity delivery trading + Flat Rs 10 Intra-day and F&O trades + Rs 0 Demat AMC. Get the offer
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Geojit Vs Paytm Money Investment Options

  Geojit Paytm Money
Stock / Equity Yes Yes
Commodity No No
Currency Yes No
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes No
Other Investment Options Insurance NPS Retirement Fund, Digital Fund
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Geojit Vs Paytm Money Order Type Offered

  Geojit Paytm Money
Bracket Order No Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No
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Geojit Vs Paytm Money Research Report

  Geojit Paytm Money
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Geojit Vs Paytm Money Suitable For Investor Type

  Geojit Paytm Money
Casual Investor
Active Investor Yes Yes
Trader Yes
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Geojit Vs Paytm Money - Pros and Cons

  Geojit Paytm Money
Pros
  • Brokerage free equity delivery trading.
  • Low-cost trading charges.
  • Free Mutual Fund investments with no hidden charges.
  • Direct MF platform that helps you earn an extra 1% returns.
  • Zero Maintenance Charges.
  • Instant digital account opening.
  • Simple and easy trading platforms.
  • Online IPO application services.
  • Offers to invest in NPS and digital gold investment along with Stocks, Derivatives, and MF.
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.
  • Branch support not available.
  • GTC order type not available.
  • Trading platforms uses fee: Rs 300 per year.
  • No Margin trading facility.
  • No Margin against shares.
  • Commodity and Currency trading not available.
Reviews

Paytm Money Limited, commonly known as Paytm Money, is a Bengaluru based online discount broker incorporated in 2017 offering trading and investment services for an entire range of financial products like Equity, Derivatives, Direct Mutual Funds, Digital gold, NPS retirement funds, and IPO. The company also provides investment advisory services by way of offering investment packs for mutual fund investments.

The company claims to be a leader and pioneer in low-cost trading. Paytm Money follows a flat fee model. The maximum brokerage charged by the broker is Rs 10 per trade. Paytm Money offers free Equity Delivery trading. Paytm Money is a member of NSE and BSE and has a depository membership with CDSL.

Paytm Money charges Rs 200 towards account opening and zero annual maintenance charges for the Demat account. The company offers an online trading platform - Paytm Money on Android, iOS, and website.

Promo / Offers

Free Equity Delivery Trading

Get free equity delivery trading (no brokerage) and pay flat Rs 10 brokerage for Intraday and F&O trades. Rs 0 AMC for your demat account. To open an account with Paytm Money, simply Open Online Account or request a callback.

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Geojit Paytm Money
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