Geojit Vs TradeSmart (Compare Geojit and TradeSmart)

The side-by-side comparison of Geojit and TradeSmart. Compare Geojit Vs TradeSmart brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Geojit vs 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
Supported Exchnages BSE, NSE, MCX-SX BSE, NSE, MCX
Account Type Online Trading Power Plan (₹15/Order)
Year of Incorporation 1987 1994
Number of Branches 509 1
Broker Enquiry Open an Online Trading Account with Geojit. Leave your contact info and we will get in touch with you. Open an Online Trading Account with TradeSmart. Leave your contact info and we will get in touch with you.
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Geojit Vs TradeSmart Charges & AMC

Geojit trading account opening charges is ₹425 while TradeSmart account opening changes is ₹200. Geojit Demat Account AMC Charges is ₹0 and TradeSmart Demat Account AMC Charges is ₹300.

  Geojit TradeSmart
Trading Account Opening Charges ₹425 ₹200
Trading Account AMC Charges NIL ₹0
Demat Account Opening Charges NIL ₹200
Demat Account AMC Charges ₹0 ₹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 ₹15 per executed order and intraday is ₹15 per executed order.

  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 ₹125 per contract ₹15 per executed order
Currency Futures Trading Brokerage 0.03% ₹15 per executed order
Currency Options Trading Brokerage ₹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
Special Offer
Special Offer: FREE Account Opening (₹400 waived) + Trade at flat ₹15 per order. Get the offer

Geojit Vs TradeSmart 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 ₹125 per contract ₹7 Per Lot
Currency Futures Trading Brokerage 0.03% 0.007%
Currency Options Trading Brokerage ₹125 per contract ₹7 Per Lot
Commodity Futures Trading Brokerage NA 0.007%
Commodity Options Trading Brokerage NA ₹7 Per Lot
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Geojit Charges Vs TradeSmart

Minimum Brokerage Charges 1p per share or ₹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
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Geojit Vs TradeSmart Transaction Charges

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

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

Geojit provides the margin of Upto 10x for intraday trades whereas the TradeSmart margin for intraday cash is 30x trading 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
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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 Available 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
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Geojit Vs TradeSmart Review

Geojit is rated 3.8 of 5 based on 98 customer reviews whereas TradeSmart is rated 4.0 of 5 based on 64 customer reviews.

  Geojit TradeSmart
  98 Customer Reviews    Rate Geojit 64 Customer Reviews    Rate TradeSmart
Fees 3.7 3.8
Trading Brokerage 3.3 4.4
Trading Platform Usability 4.1 3.7
Customer Service 3.8 4.0
Research Capabilities 3.0 3.0
Overall Ratings Rated 3.8 stars Rated 4.0 stars
Broker Rating Geojit is rated 3.8 of 5 based on 98 customer reviews TradeSmart is rated 4.0 of 5 based on 64 customer reviews
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Contact Broker / Request A Call Back

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Contact Broker

Leave your contact information and we will get in touch with you....

FREE Account Opening (₹400 waived) + Trade at flat ₹15 per order. Get the offer

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Geojit Vs TradeSmart Investment Options

  Geojit TradeSmart
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
Initial Public Offers (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
  • EquiMax funding offers up to 4x times exposure in equity delivery. This facility could be enabled with an annual subscription fee of ₹1000.
  • 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 ₹125 per contract for Intraday Options and ₹150 per contract for Options carry forward positions. 2. Geojit charges minimum brokerage of ₹20 per Contract or 1 paisa per share whichever is higher. 3. Paper contract note by post cost additional ₹20 per Contract or 5 paisa per share whichever is higher.
  • Call and Trade is charged at extra ₹20 per executed order.
  • Physical contract notes ₹20 per contract note + courier charges
  • Intraday positions (MIS, CO & BO) squared off by RMS team is charged at ₹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

Limited Time Offer - Free Account Opening (₹400 waived)

Open TradeSmart Trading Account and get Free Trading, Demat and Mutual Fund Account + Trade at flat ₹15 per order.

Get this limited time offer
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