Geojit Vs TradeSmart (Compare Geojit and TradeSmart)

Geojit Vs TradeSmart

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, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

	Geojit	TradeSmart
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX-SX	BSE, NSE, MCX
Year of Incorporation	1987	1994
Number of Branches	509	1
	Enquire Geojit	Open TradeSmart Account

Geojit Vs TradeSmart Charges & AMC

Geojit trading account opening charges is Rs 425 while TradeSmart account opening changes is Rs 200. Geojit Demat Account AMC Charges is Rs 700 and TradeSmart Demat Account AMC Charges is Rs 300.

	Geojit	TradeSmart
Trading Account Opening Charges	Rs 425	Rs 200
Trading Account AMC Charges	NIL	Rs 0
Demat Account Opening Charges	NIL	Rs 200
Demat Account AMC Charges	Rs 700	Rs 300

Geojit Vs TradeSmart Brokerage

Geojit brokerage charges for equity is 0.30% and intraday is 0.03% whereas TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order.

	Geojit	TradeSmart
Account Type	Online Trading	Power Plan
Fixed Charges		NA
Equity Delivery	0.30%	Rs 15 per order
Equity Intraday	0.03%	Rs 15 per order
Equity Futures	0.03%	Rs 15 per order
Equity Options	Rs 125 per contract	Rs 15 per order
Currency Futures	0.03%	Rs 15 per order
Currency Options	Rs 125 per contract	Rs 15 per order
Commodity Futures	NA	Rs 15 per order
Commodity Options	NA	Rs 15 per order
Special Offer		Special Offer: Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.

Geojit Vs TradeSmart Brokerage Plan 2

	Geojit	TradeSmart
Account Type	Online Trading	Value Plan
Fixed Charges
Equity Delivery	0.30%	0.07%
Equity Intraday	0.03%	0.007%
Equity Futures	0.03%	0.007%
Equity Options	Rs 125 per contract	Rs 7 Per Lot
Currency Futures	0.03%	0.007%
Currency Options	Rs 125 per contract	Rs 7 Per Lot
Commodity Futures	NA	0.007%
Commodity Options	NA	Rs 7 Per Lot
	Enquire Geojit	Open TradeSmart Account

Geojit Charges Vs TradeSmart

Minimum Brokerage	1p per share or Rs 20/contract whichever is higher	Rs 15 per executed order
Other Charges		Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
Call & Trade Charges		Rs 20 per executed order

Geojit Vs TradeSmart Transaction Charges

Geojit transaction charges for options is Rs 5500 per Cr (0.05%) while TradeSmart exchange transaction charges for options is 0.0715%.

	Geojit	TradeSmart
Equity Delivery	Rs 325 per Cr (0.00325%)	0.0035%
Equity Intraday	Rs 325 per Cr (0.00325%)	0.0035%
Equity Futures	Rs 210 per Cr (0.0021%)	0.0024%
Equity Options	Rs 5500 per Cr (0.05%)	0.0715%
Currency Futures	Rs 145 per Cr (0.00145%)	0.00165%
Currency Options	Rs 4730 per Cr (0.0473%) on premium	0.06%
Commodity	NA	0.0039%
	Enquire Geojit	Open TradeSmart Account

Geojit Vs TradeSmart 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 TradeSmart 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	TradeSmart
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)
	Enquire Geojit	Open TradeSmart Account

Compare Geojit and TradeSmart Features

The trading platforms offered Geojit include Selfie Platinum, Selfie Gold, Mobile App. TradeSmart offers NEST, NOW, Spin trading software.

	Geojit	TradeSmart
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Selfie Platinum, Selfie Gold, Mobile App	NEST, NOW, Spin
Intraday Square-off Time		Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing
Other Features
Referral Program
	Enquire Geojit	Open TradeSmart Account

Geojit Vs TradeSmart Review

Geojit is rated 3.7 of 5 based on 102 customer reviews whereas TradeSmart is rated 4.0 of 5 based on 67 customer reviews.

	Geojit	TradeSmart
	102 Customer Reviews	67 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Geojit is rated 3.7 of 5 based on 102 customer reviews	TradeSmart is rated 4.0 of 5 based on 67 customer reviews

Geojit Vs TradeSmart Investment Options

	Geojit	TradeSmart
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance

Geojit Vs TradeSmart Order Type Offered

	Geojit	TradeSmart
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Enquire Geojit	Open TradeSmart Account

Geojit Vs TradeSmart Research Report

	Geojit	TradeSmart
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Geojit Vs TradeSmart Suitable For Investor Type

	Geojit	TradeSmart
Casual Investor
Active Investor
Trader

Geojit Vs TradeSmart - Pros and Cons

	Geojit	TradeSmart
Pros		Unlike most of the discount brokers; TradeSmart offers 2 unique brokerage plans designed in such a way that it suits every trading strategy. Switching between these plans is made very easy which offers great flexibility. TSO offers to invest in Mutual Funds, Bonds and Offer For Sale (OFS). These financial instruments are not available with most discount brokers including other popular discount brokers like Zerodha and RKSV. Excellent referral benefits are available. The customer receives 10% credit of the brokerage generated by the clients referred by them. No minimum amount is needed to open or maintain a trading account with TSO. Customer service is available through live chat on its website. This is very convenient for many customers. TradeSmart is in the stock broking industry since 1994. TSO's online knowledgebase has a lot of information which is helpful for most customers.
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.	Call and Trade is charged at extra Rs 20 per executed order. Physical contract notes Rs 20 per contract note + courier charges Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20. 24/7 customer service is not available. Facility to invest in IPO's is not available. Doesn't provide daily market report, free tips, news alerts and technical analysis. 3-in-1 accounts are not available as company doesn't provide banking services.
Reviews		Useful Articles: Know more about Flat Fee Share Brokers in India (Also known as budget broker or discount broker)
Promo / Offers		Flat Rs 15 per trade Flat Rs 15 per trade across all segments + Get Margin against your shares + API for alog trading. This is a limited-time offer. Open Instant TradeSmart Account online and start trading today.
	Enquire Geojit	Open TradeSmart Account