Geojit Vs TradeSmart (Compare Geojit and TradeSmart)


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


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
Open an Online Trading Account with Geojit.Open an Online Trading Account with TradeSmart.
Enquire GeojitOpen TradeSmart Account
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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
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Geojit Vs TradeSmart Brokerage Charges & Plans

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
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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 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%
Enquire GeojitOpen TradeSmart Account
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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)
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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
Other Features
Referral Program Yes
Enquire GeojitOpen TradeSmart Account
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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    Rate Geojit 67 Customer Reviews    Rate TradeSmart
Fees 3.6 3.8
Brokerage 3.3 4.4
Trading Platform 4.0 3.8
Customer Service 3.8 4.0
Research Capabilities 3.2 2.7
Overall Ratings Rated 3.7 stars Rated 4.0 stars
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
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Contact Broker / Request A Call Back

  Geojit Enquire TradeSmart Enquire
Contact Broker Leave your contact information and we will get in touch with you....
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
  • 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:
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 GeojitOpen TradeSmart Account

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