Geojit Vs ProStocks (Compare Geojit and ProStocks)
The side-by-side comparison of Geojit and ProStocks. Compare Geojit Vs ProStocks brokerage, charges, exposure margin, demat account. Read ProStocks and Geojit review.
Find out Geojit Vs ProStocks which is better and Geojit Vs ProStocks which is best.
Our Geojit BNP Paribas comparison with ProStocks highlights the major differences between two brokers. Find the best between Geojit and ProStocks.
Geojit Vs ProStocks
Geojit
ProStocks
Find more info about broker
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...
ProStocks is a SEBI registered Stock Broker and Depository Participant. ProStocks is fastest growing flat fee discount stock broker offering online trading at BSE and NSE. ProStocks is famous for the unlimited trading plan. This plan offer unlimited ...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE, MCX-SX
BSE, NSE
Account Type
Online Trading
Monthly Unlimited Equity
Broker Enquiry
Year of Incorporation
1987
Number of Branches
509
Enquire Geojit
Enquire ProStocks
Geojit Vs ProStocks Charges
Geojit
ProStocks
Trading Account Opening Fees
₹425
₹0
Trading Account AMC
NIL
₹0
Demat Account Opening Fees
NIL
₹0 (Free)
Demat Account AMC
₹0
₹0 per year (Lifetime Zero AMC)
Demat Account is Mandatory?
No
No
Geojit Vs ProStocks Brokerage
Brokerage Plan 1
Geojit
ProStocks
Account Type
Online Trading
Monthly Unlimited Equity
Fixed Charges
Equity Delivery Brokerage
0.30%
₹0
Equity Intraday Brokerage
0.03%
₹0
Equity Futures Brokerage
0.03%
₹0
Equity Options Brokerage
₹125 per contract
₹0
Currency Futures Trading Brokerage
0.03%
NA
Currency Options Trading Brokerage
₹125 per contract
NA
Commodity Futures Trading Brokerage
NA
NA
Commodity Options Trading Brokerage
NA
NA
Brokerage Plan 2
Geojit
ProStocks
Account Type
Online Trading
Monthly Unlimited Currency
Fixed Charges
₹499
Equity Delivery Brokerage
0.30%
NA
Equity Intraday Brokerage
0.03%
NA
Equity Futures Brokerage
0.03%
NA
Equity Options Brokerage
₹125 per contract
NA
Currency Futures Trading Brokerage
0.03%
₹0
Currency Options Trading Brokerage
₹125 per contract
₹0
Commodity Futures Trading Brokerage
NA
NA
Commodity Options Trading Brokerage
NA
NA
Brokerage Plan 3
Geojit
ProStocks
Account Type
Online Trading
Flat Fee Plan
Fixed Charges
Equity Delivery Brokerage
0.30%
₹15
Equity Intraday Brokerage
0.03%
₹15
Equity Futures Brokerage
0.03%
₹15
Equity Options Brokerage
₹125 per contract
₹15
Currency Futures Trading Brokerage
0.03%
₹15
Currency Options Trading Brokerage
₹125 per contract
₹15
Commodity Futures Trading Brokerage
NA
NA
Commodity Options Trading Brokerage
NA
NA
Other Charges
Minimum Brokerage Charges
1p per share or ₹20/contract whichever is higher
₹0
Other Brokerage Charges
Call & Trade Charges
₹0 (Free)
Geojit Vs ProStocks Taxes
Geojit
ProStocks
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)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Geojit Vs ProStocks Transaction Charges
Geojit
ProStocks
Equity Delivery
₹325 per Cr (0.00325%)
NSE: 0.00325% | BSE: 0.00275%
Equity Intraday
₹325 per Cr (0.00325%)
NSE: 0.00325% | BSE: 0.00275%
Equity Futures
₹210 per Cr (0.0021%)
NSE: 0.0019% | BSE: 0.0005%
Equity Options
₹5500 per Cr (0.05%)
NSE: 0.050% | BSE: 0.0025%
Currency Futures
₹145 per Cr (0.00145%)
NSE: 0.0011% | BSE: 0.0001%
Currency Options
₹4730 per Cr (0.0473%) on premium
NSE: 0.040% | BSE: 0.0001%
Commodity
NA
Geojit Vs ProStocks Exposure Margin
Geojit
ProStocks
Equity Delivery
Upto 7x with 22% interest per year
1x (no margin)
Equity Intraday
Upto 10x
7x (Margin intraday sq off)
Equity Futures
No additional leverage
2x
Equity Options
No additional leverage
1x (no margin)
Currency Futures
No additional leverage
1.5x
Currency Options
No additional leverage
1x (no margin)
Commodity Futures
NA
Commodity Options
Geojit and ProStocks Feature Comparison
Geojit
ProStocks
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
ProStocks, NSE NOW
Intraday Square-off Time
Equity 3:15 PM | Curr: 4:45 PM
Other Features
Referral Program
Geojit Vs ProStocks Review
Geojit
ProStocks
94 Customer Reviews
25 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 94 customer reviews ProStocks is Rated 3.3 / 5 based on 25 customer reviews
Geojit Vs ProStocks Investment Options
Geojit
ProStocks
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Insurance
Geojit Vs ProStocks Customer Service
Geojit
ProStocks
24/7 Customer Service
Onine Live Chat
Through Branches
Geojit Vs ProStocks Order Type Offered
Geojit
ProStocks
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Geojit Vs ProStocks Research Report
Geojit
ProStocks
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Geojit Vs ProStocks Suitable For Investor Type
Geojit
ProStocks
Casual Investor
Active Investor
Trader
Geojit Vs ProStocks - Advantages and Disadvantages
Geojit
ProStocks
Pros
More Advantages...
Cheapest flat fee broker in India. Offers ₹899 unlimited equity and equity f&o trading and ₹15 per trade plan.
2-in-1 Accounts offers seamless transactions between trading and demat account.
5 Pricing plans to choose from offers flexibility to stock market investors and active trader. Its extremely easy to switch between the plans.
Lowest exchange transaction changes, guaranteed.
Life time free demat account with one time ₹1000 deposit. No account opening and no annual maintenance charges.
Lowest stamp duty for customer outside Maharashtra. Max stamp duty charged is ₹50 per day.
ProStocks do not charge PCM fee to customers. Most other broker include PCM fee to Exchange Transaction Fee.
Cheapest Call & Trade fee (₹10 per executed order) among all discount brokers. Other brokers charge minimum ₹20 per trade.
24x7 customer service though Advance Interactive voice response(IVR).
More Advantages...
Cons
1. Very high Options trading brokerage charges. Geojit charges ₹125 per contract for Intraday Options and ₹150 per contract for Options carry forward positions.
2. Geojit charges minimum brokerage of ₹20 per Contract or 1 paisa per share whichever is higher.
3. Paper contract note by post cost additional ₹20 per Contract or 5 paisa per share whichever is higher. More Disadvantages...
More Disadvantages...
Reviews
Useful articles about ProStocks:
Promo / Offers
Trade unlimited for ₹899 per month or ₹15 per trade + Lifetime Free AMC Demat Account + FREE Trading and Demat Account Opening
This is a limited time offer. Simply leave your contact information with us and ProStocks representatives will contact you.
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