Geojit Vs Tradeplus (Compare Geojit and Tradeplus)

Geojit Vs Tradeplus

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 1995, Tradeplus is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

	Geojit	Tradeplus
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX-SX	BSE, NSE, MCX
Year of Incorporation	1987	1995
Number of Branches	509
	Enquire Geojit	Enquire Tradeplus

Geojit Vs Tradeplus Charges & AMC

Geojit trading account opening charges is Rs 425 while Tradeplus account opening changes is Rs 0. Geojit Demat Account AMC Charges is Rs 700 and Tradeplus Demat Account AMC Charges is Rs 0.

	Geojit	Tradeplus
Trading Account Opening Charges	Rs 425	Rs 0
Trading Account AMC Charges	NIL	Rs 0
Demat Account Opening Charges	NIL	Rs 0
Demat Account AMC Charges	Rs 700	Rs 0

Geojit Vs Tradeplus Brokerage

Geojit brokerage charges for equity is 0.30% and intraday is 0.03% whereas Tradeplus brokerage charges for equity is Rs 0 (Free) and intraday is NA.

	Geojit	Tradeplus
Account Type	Online Trading	Flat Zero brokerage Scheme
Fixed Charges		As per segment
Equity Delivery	0.30%	Rs 0 (Free)
Equity Intraday	0.03%	NA
Equity Futures	0.03%	Rs 799 per month (unlimited trading)
Equity Options	Rs 125 per contract	Rs 99 per month (unlimited trading)
Currency Futures	0.03%	Rs 99 per month (unlimited trading)
Currency Options	Rs 125 per contract	Rs 99 per month (unlimited trading)
Commodity Futures	NA	Rs 99 per month (unlimited trading)
Commodity Options	NA	Rs 99 per month (unlimited trading)
Special Offer		Special Offer: Brokerage Free equity delivery trading (truly no commission) and Flat Rs 9 intranet and F&O trade brokerage. Get the offer

Geojit Vs Tradeplus Brokerage Plan 2

	Geojit	Tradeplus
Account Type	Online Trading	Flexi Brokerage Plan
Fixed Charges		NA
Equity Delivery	0.30%	Rs 0 (Free)
Equity Intraday	0.03%	Lower of - Rs 9 per trade or 0.01%
Equity Futures	0.03%	Rs 9 per executed order
Equity Options	Rs 125 per contract	Rs 9 per executed order
Currency Futures	0.03%	Rs 9 per executed order
Currency Options	Rs 125 per contract	Rs 9 per executed order
Commodity Futures	NA	Rs 9 per executed order
Commodity Options	NA	Rs 9 per executed order
	Enquire Geojit	Enquire Tradeplus

Geojit Charges Vs Tradeplus

Minimum Brokerage	1p per share or Rs 20/contract whichever is higher
Other Charges		SMS Charges: Rs 100 per segment.
Call & Trade Charges		Flat Rs 75 per day

Geojit Vs Tradeplus Transaction Charges

Geojit transaction charges for options is Rs 5500 per Cr (0.05%) while Tradeplus exchange transaction charges for options is Rs 7800 per crore (0.078%)(on premium).

	Geojit	Tradeplus
Equity Delivery	Rs 325 per Cr (0.00325%)	Rs 345 per crore (0.00345%) (each side)
Equity Intraday	Rs 325 per Cr (0.00325%)	Rs 345 per crore (0.00345%) (sale side)
Equity Futures	Rs 210 per Cr (0.0021%)	Rs 360 per crore (0.0036%)
Equity Options	Rs 5500 per Cr (0.05%)	Rs 7800 per crore (0.078%)(on premium)
Currency Futures	Rs 145 per Cr (0.00145%)	Rs 140 per crore (0.0014%)
Currency Options	Rs 4730 per Cr (0.0473%) on premium	Rs 6000 (on premium) per crore (0.06%)
Commodity	NA	Rs 500 (0.005%)
	Enquire Geojit	Enquire Tradeplus

Geojit Vs Tradeplus 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 Tradeplus 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	Tradeplus
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	Enquire Tradeplus

Compare Geojit and Tradeplus Features

The trading platforms offered Geojit include Selfie Platinum, Selfie Gold, Mobile App. Tradeplus offers INFINI, NSE NOW trading software.

	Geojit	Tradeplus
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	INFINI, NSE NOW
Intraday Square-off Time
Other Features
Referral Program
	Enquire Geojit	Enquire Tradeplus

Geojit Vs Tradeplus Review

Geojit is rated 3.7 of 5 based on 102 customer reviews whereas Tradeplus is rated 3.0 of 5 based on 35 customer reviews.

	Geojit	Tradeplus
	102 Customer Reviews	35 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	Tradeplus is rated 3.0 of 5 based on 35 customer reviews

Geojit Vs Tradeplus Investment Options

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

Geojit Vs Tradeplus Order Type Offered

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

Geojit Vs Tradeplus Research Report

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

Geojit Vs Tradeplus Suitable For Investor Type

	Geojit	Tradeplus
Casual Investor
Active Investor
Trader

Geojit Vs Tradeplus - Pros and Cons

	Geojit	Tradeplus
Pros		Unlimited monthly trading plans available for frequent traders. Free equity delivery trading. No brokerage charged for trading in equity delivery (cash & carry) segment. Low demat AMC or Rs 90 per month. Analysis tools available for intraday trading.
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.	Customer has to pay software charges. High call & trade charges. Rs 1000 per month. Lower margin.
Reviews
Promo / Offers		Free Equity Delivery Trade + Flat Rs 9 intranet and F&O trade Get free equity delivery trading (zero brokerage) and pay flat Rs 9 intranet and F&O trade brokerage. To open an account with Tradeplus, simply leave your contact information and Tradeplus representatives will call you.
	Enquire Geojit	Enquire Tradeplus