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Geojit Vs TradeSmart (Compare Geojit and TradeSmart)

Geojit BNP Paribas Logo

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

VNS Finance & Capital Services Ltd Logo

About TradeSmart
TradeSmart is a Mumbai based broker offering discount brokerage services in stock, commodity and currency trading segments. TradeSmart is part of VNS Finance & Capital Services Ltd; a traditional brokerage company which was incorporated in 1994 to offer brokerage service to Indian Stock, Commodity & Currency market investors and trades through franchisee and sub brokers. TradeSmart offers trading in NSE Cash, NSE F&O, NSE Currency derivatives, BSE Cash, MCX Commodities and depository service of... Know more about VNS Finance & Capital Services Ltd

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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
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Geojit Vs TradeSmart Charges & AMC

Geojit trading account opening charges is Rs 0 (Free) while TradeSmart account opening changes is Rs 200. Geojit Demat Account AMC Charges is Rs 400 per year and TradeSmart Demat Account AMC Charges is Rs 300.

  Geojit TradeSmart
Trading Account Opening Charges Rs 0 (Free) Rs 200
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 200
Demat Account AMC Charges Rs 400 per year Rs 300

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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.

Account Type Geojit Online Traditional Plan TradeSmart Power Plan
Fixed Charges NA
Equity Delivery 0.30% Rs 15 per order
Equity Intraday 0.03% Rs 15 per order
Equity Futures 0.01% Rs 15 per order
Equity Options Rs 50 per lot Rs 15 per order
Currency Futures 0.01% Rs 15 per order
Currency Options Rs 50 per lot Rs 15 per order
Commodity Futures NA Rs 15 per order
Commodity Options NA Rs 15 per order
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.

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 GTrade Max Value Plan
Fixed Charges
Equity Delivery 0.30% 0.07%
Equity Intraday Rs 20 per trade or 0.03% which is lower 0.007%
Equity Futures Rs 40 per lot 0.007%
Equity Options Rs 20 per lot Rs 7 Per Lot
Currency Futures Rs 40 per lot 0.007%
Currency Options Rs 20 per lot Rs 7 Per Lot
Commodity Futures NA 0.007%
Commodity Options NA Rs 7 Per Lot
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Geojit Charges Vs TradeSmart

Minimum Brokerage 1p per share or Rs 20/contract whichever is higher Rs 15 per executed order
Other Charges Intraday Auto Square off at Rs 20 per lot 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

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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%
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Geojit Vs TradeSmart Leverage (Margin)

Geojit margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the TradeSmart margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Geojit TradeSmart
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)
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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 No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
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
Trading In SME Shares Allowed?
Referral Program Yes
Other Features
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Geojit Vs TradeSmart Review

Geojit is rated 3.6 of 5 based on 108 customer reviews whereas TradeSmart is rated 4.0 of 5 based on 67 customer reviews.

  Geojit TradeSmart
  108 Customer Reviews    Rate Geojit 67 Customer Reviews    Rate TradeSmart
Fees 3.5 3.8
Brokerage 3.2 4.4
Trading Platform 4.0 3.8
Customer Service 3.7 4.0
Research Capabilities 2.9 2.7
Overall Ratings Rated 3.6 stars Rated 4.0 stars
Broker Rating Geojit is rated 3.6 of 5 based on 108 customer reviews TradeSmart is rated 4.0 of 5 based on 67 customer reviews

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Contact Broker / Request A Call Back

  Geojit Enquire TradeSmart Enquire
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. Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.

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Geojit Vs TradeSmart Investment Options

  Geojit TradeSmart
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
IPO Yes No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes No
Other Investment Options Insurance

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Geojit Vs TradeSmart Order Type Offered

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

  Geojit TradeSmart
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

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Geojit Vs TradeSmart Suitable For Investor Type

  Geojit TradeSmart
Casual Investor
Active Investor Yes Yes
Trader Yes

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Geojit Vs TradeSmart - Pros and Cons

  Geojit TradeSmart
Pros
  • Free research and ecommendations.
  • Free account opening.
  • Rs 20 per trade Intraday trading brokerage in GTrade Max plan.
  • 4 times exposure through MTF
  • Access to 472 branches for customer support.
  • Offices in UAE, Oman, Bahrain and Kuwait to help NRI investors.
  • Excellent online trading platforms.
  • 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
  • High brokerage charges across all segment in comparision to other full-service brokers like Angel Broking, IIFL and Edelseiss.
  • High minimum brokerage charges of Rs 20 per lot or 1 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:
Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

TradeSmart Special Offer

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.

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