Geojit Vs TradeSmart (Compare Geojit and TradeSmart)
The side-by-side comparison of Geojit and TradeSmart. Compare Geojit Vs TradeSmart brokerage, charges, exposure margin, demat account. Read TradeSmart and Geojit review.
Find out Geojit Vs TradeSmart which is better and Geojit Vs TradeSmart which is best.
Our Geojit BNP Paribas comparison with VNS Finance & Capital Services Ltd highlights the major differences between two brokers. Find the best between Geojit and TradeSmart.
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...
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 of...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE, MCX-SX
BSE, NSE, MCX
Account Type
Online Trading
Power Plan (₹15/Order)
Broker Enquiry
Year of Incorporation
1987
1994
Number of Branches
509
1
Geojit Vs TradeSmart Charges
Geojit
TradeSmart
Trading Account Opening Fees
Rs 425
₹200
Trading Account AMC
NIL
₹0
Demat Account Opening Fees
NIL
₹200
Demat Account AMC
Rs 0
₹300
Demat Account is Mandatory?
No
No
Geojit Vs TradeSmart Brokerage
Brokerage Plan 1
Geojit
TradeSmart
Account Type
Online Trading
Power Plan (₹15/Order)
Fixed Charges
Equity Delivery Brokerage
0.30%
₹15 per executed order
Equity Intraday Brokerage
0.03%
₹15 per executed order
Equity Futures Brokerage
0.03%
₹15 per executed order
Equity Options Brokerage
Rs 125 per contract
₹15 per executed order
Currency Futures Trading Brokerage
0.03%
₹15 per executed order
Currency Options Trading Brokerage
Rs 125 per contract
₹15 per executed order
Commodity Futures Trading Brokerage
NA
₹15 per executed order
Commodity Options Trading Brokerage
NA
₹15 per executed order
Brokerage Plan 2
Geojit
TradeSmart
Account Type
Online Trading
Value Plan
Fixed Charges
Equity Delivery Brokerage
0.30%
0.007%
Equity Intraday Brokerage
0.03%
0.007%
Equity Futures Brokerage
0.03%
0.007%
Equity Options Brokerage
Rs 125 per contract
₹7 Per Lot
Currency Futures Trading Brokerage
0.03%
0.007%
Currency Options Trading Brokerage
Rs 125 per contract
₹7 Per Lot
Commodity Futures Trading Brokerage
NA
0.007%
Commodity Options Trading Brokerage
NA
₹7 Per Lot
Other Charges
Minimum Brokerage Charges
1p per share or Rs 20/contract whichever is higher
₹15 per executed order
Other Brokerage Charges
Intraday positions (MIS, CO & BO) squared off by RMS team is charged at ₹20 per executed order
Call & Trade Charges
₹20 per executed order
Geojit Vs TradeSmart Taxes
Geojit
TradeSmart
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 TradeSmart Transaction Charges
Geojit
TradeSmart
Equity Delivery
0.00325%
0.0035%
Equity Intraday
0.00325%
0.0035%
Equity Futures
0.0021%
0.0024%
Equity Options
0.055% on premium
0.0715%
Currency Futures
0.00145%
0.00165%
Currency Options
0.0473% on premium
0.06%
Commodity
NA
0.0039%
Geojit Vs TradeSmart Exposure Margin
Geojit
TradeSmart
Equity Delivery
Upto 7x with 22% interest per year
1x (no margin)
Equity Intraday
Upto 10x
30x trading margin
Equity Futures
No additional leverage
MIS: 3X | BO: 7X | CO: 7X
Equity Options
No additional leverage
MIS: 3X | BO: 7X | CO: 7X
Currency Futures
No additional leverage
MIS: 3X | BO: 3X | CO: 3X
Currency Options
No additional leverage
MIS: 3X | BO: NA | CO: NA
Commodity Futures
NA
MIS: 2X | BO: 6X | CO: 6X
Commodity Options
MIS: NA | BO: NA | CO: NA
Geojit and TradeSmart Feature Comparison
Geojit
TradeSmart
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
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
Geojit Vs TradeSmart Review
Geojit
TradeSmart
94 Customer Reviews
58 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
TradeSmart is Rated 4.1 / 5 based on 58 customer reviews
Contact Broker / Request A Call Back
Geojit Enquire
TradeSmart Enquire
Contact Broker
Geojit Vs TradeSmart Investment Options
Geojit
TradeSmart
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Insurance
Geojit Vs TradeSmart Customer Service
Geojit
TradeSmart
24/7 Customer Service
Onine Live Chat
Through Branches
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)
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 - Advantages and Disadvantages
EquiMax funding offers up to 4x times exposure in equity delivery. This facility could be enabled with annual subscription fee of ₹1000.
Unlike most of the discount brokers; Trade Smart Online 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. 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.
Trade Smart Online is in the stock broking industry since 1994.
TSO's online knowledge base has lot of information which is helpful for most customers.
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.
Zerodha
Zero Account Opening Fee