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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 RMoney
Incorporated in 2004, Raghunandan Money (RMoney) is Agra based financial service provider. The company offers a range of financial products. This including Online Stock & Commodity Broking, Mutual Funds, IPO, Insurance (Life & General), Bonds and Corporate FDR's.
Raghunandan Money is a member of NSE, BSE, MCX, NCDEX, and CDSL. The company is among the top 5 commodity brokers in India. It contributes over 8% of NCDEX daily turnover and over 4% of MCX turnover. It has a strong presence in...
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 , RMoney is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.
Geojit | RMoney | |
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Type of Broker | Full Service Broker | Discount Broker |
Exchnage Membership | BSE, NSE, MCX-SX | BSE, NSE, MCX, NCDEX |
Year of Incorporation | 1987 | |
Number of Branches | 509 | |
Geojit trading account opening charges is Rs 425 while RMoney account opening changes is Rs 199. Geojit Demat Account AMC Charges is Rs 700 and RMoney Demat Account AMC Charges is Rs 0 for lifetime (Free).
Geojit | RMoney | |
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Trading Account Opening Charges | Rs 425 | Rs 199 |
Trading Account AMC Charges | NIL | Rs 0 (Free) |
Demat Account Opening Charges | NIL | Rs 0 (Free) |
Demat Account AMC Charges | Rs 700 | Rs 0 for lifetime (Free) |
Geojit brokerage charges for equity is 0.30% and intraday is 0.03% whereas RMoney brokerage charges for equity is Rs 0 (Free) and intraday is Rs 18 per executed order or .01% whichever is lower.
Account Type | Geojit Online Trading | RMoney Zero Brokerage Plans |
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Fixed Charges | NA | |
Equity Delivery | 0.30% | Rs 0 (Free) |
Equity Intraday | 0.03% | Rs 18 per executed order or .01% whichever is lower |
Equity Futures | 0.03% | Rs 18 per executed order or .01% whichever is lower |
Equity Options | Rs 125 per contract | Rs 18 per executed order or .01% whichever is lower |
Currency Futures | 0.03% | Rs 18 per executed order or .01% whichever is lower |
Currency Options | Rs 125 per contract | Rs 18 per executed order or .01% whichever is lower |
Commodity Futures | NA | Rs 18 per executed order or .01% whichever is lower |
Commodity Options | NA | |
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 | RMoney | |
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Account Type | Online Trading | Happy Service Plan |
Fixed Charges | NA | |
Equity Delivery | 0.30% | 0.10% to 0.40% |
Equity Intraday | 0.03% | 0.01% to 0.04% |
Equity Futures | 0.03% | 0.005% to 0.02% |
Equity Options | Rs 125 per contract | Rs 20 to Rs 80 per lot |
Currency Futures | 0.03% | 0.005% to 0.02% |
Currency Options | Rs 125 per contract | 0.005% to 0.02% |
Commodity Futures | NA | 0.005% to 0.02% |
Commodity Options | NA | |
Minimum Brokerage | 1p per share or Rs 20/contract whichever is higher | Rs 0 |
Other Charges | Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment | |
Call & Trade Charges | Rs 0 (Unlimited Calls) |
Geojit transaction charges for options is Rs 5500 per Cr (0.05%) while RMoney exchange transaction charges for options is NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%).
Geojit | RMoney | |
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Equity Delivery | Rs 325 per Cr (0.00325%) | NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275%) |
Equity Intraday | Rs 325 per Cr (0.00325%) | NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275% |
Equity Futures | Rs 210 per Cr (0.0021%) | NSE Rs 250 per crore | BSE Rs 110 per crore (0.0011%) |
Equity Options | Rs 5500 per Cr (0.05%) | NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%) |
Currency Futures | Rs 145 per Cr (0.00145%) | NSE, BSE - Rs 150 per crore (0.0015%) |
Currency Options | Rs 4730 per Cr (0.0473%) on premium | NSE, BSE - Rs 7500 (on premium) per crore (0.075%) |
Commodity | NA | MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%) |
Geojit margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the RMoney margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
Geojit | RMoney | |
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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. RMoney offers RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) trading software.
Geojit | RMoney | |
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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 | RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) |
Intraday Square-off Time | Equity 3:15 PM | |
Trading In SME Shares Allowed? | ||
Referral Program | ||
Other Features | ||
Geojit is rated 3.6 of 5 based on 107 customer reviews whereas RMoney is rated 3.2 of 5 based on 5 customer reviews.
Geojit Enquire | RMoney Enquire | |
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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 | RMoney | |
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Stock / Equity | ![]() |
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Commodity | ![]() |
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Currency | ![]() |
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IPO | ![]() |
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Mutual Funds | ![]() |
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Bond / NCD | ![]() |
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Debt | ![]() |
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Other Investment Options | Insurance | Corporate FD, Life Instance, General Insurance |
Geojit | RMoney | |
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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 | RMoney | |
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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 | RMoney | |
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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 | Useful Articles: | |
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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