Geojit Vs Upstox (Compare Geojit and Upstox)

Geojit Vs Upstox

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 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India.

	Geojit	Upstox
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX-SX	BSE, NSE, MCX
Year of Incorporation	1987	2012
Number of Branches	509	4
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Geojit Vs Upstox Charges & AMC

Geojit trading account opening charges is Rs 0 (Free) while Upstox account opening changes is Rs 249. Geojit Demat Account AMC Charges is Rs 400 per year and Upstox Demat Account AMC Charges is Rs 0 (Free).

	Geojit	Upstox
Trading Account Opening Charges	Rs 0 (Free)	Rs 249
Trading Account AMC Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	Rs 400 per year	Rs 0 (Free)

Geojit Vs Upstox Brokerage

Geojit brokerage charges for equity is 0.30% and intraday is 0.03% whereas Upstox brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is lower.

Account Type	Geojit Online Traditional Plan	Upstox Default
Fixed Charges		NA
Equity Delivery	0.30%	Rs 20 per executed order or 2.5% whichever is low
Equity Intraday	0.03%	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	0.01%	Rs 20 per executed order or 0.05% whichever is lower
Equity Options	Rs 50 per lot	Rs 20 per executed order
Currency Futures	0.01%	Rs 20 per executed order or 0.05% whichever is lower
Currency Options	Rs 50 per lot	Rs 20 per executed order
Commodity Futures	NA	Rs 20 per executed order or 0.05% whichever is lower
Commodity Options	NA	Rs 20 per executed 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: FREE Account Opening + Rs 1000 brokerage credit + Rs 0 Demat AMC + Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.

Geojit Vs Upstox Brokerage Plan 2

	Geojit	Upstox
Account Type	GTrade Max	Default
Fixed Charges		NA
Equity Delivery	0.30%	Rs 20 per executed order or 2.5% whichever is low
Equity Intraday	Rs 20 per trade or 0.03% which is lower	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	Rs 40 per lot	Rs 20 per executed order or 0.05% whichever is lower
Equity Options	Rs 20 per lot	Rs 20 per executed order
Currency Futures	Rs 40 per lot	Rs 20 per executed order or 0.05% whichever is lower
Currency Options	Rs 20 per lot	Rs 20 per executed order
Commodity Futures	NA	Rs 20 per executed order or 0.05% whichever is lower
Commodity Options	NA	Rs 20 per executed order
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Geojit Charges Vs Upstox

Minimum Brokerage	1p per share or Rs 20/contract whichever is higher	0.05%
Other Charges	Intraday Auto Square off at Rs 20 per lot	Auto Square-off Charges: Rs 50
Call & Trade Charges		Rs 20 per trade

Geojit Vs Upstox Transaction Charges

Geojit transaction charges for options is Rs 5500 per Cr (0.05%) while Upstox exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium).

	Geojit	Upstox
Equity Delivery	Rs 325 per Cr (0.00325%)	NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday	Rs 325 per Cr (0.00325%)	NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures	Rs 210 per Cr (0.0021%)	NSE Rs 200 per Cr (0.002%)
Equity Options	Rs 5500 per Cr (0.05%)	NSE Rs 5300 per Cr (0.053%) (on premium)
Currency Futures	Rs 145 per Cr (0.00145%)	NSE Rs 130 per Cr (0.0013%) | BSE Rs 26 per Cr (0.00026%)
Currency Options	Rs 4730 per Cr (0.0473%) on premium	NSE Rs 2900 per Cr (0.029%) | BSE Rs 2600 per Cr (0.026%) (on premium)
Commodity	NA	Group A - Rs 290 per Cr (0.0029%)
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Geojit Vs Upstox Leverage (Margin)

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

	Geojit	Upstox
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 Upstox Features

The trading platforms offered Geojit include Selfie Platinum, Selfie Gold, Mobile App. Upstox offers Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola trading software.

	Geojit	Upstox
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	Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola
Intraday Square-off Time		3:00 PM
Trading In SME Shares Allowed?
Referral Program
Other Features		Option strategy builder
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Geojit Vs Upstox Review

Geojit is rated 3.6 of 5 based on 108 customer reviews whereas Upstox is rated 2.4 of 5 based on 132 customer reviews.

	Geojit	Upstox
	108 Customer Reviews	132 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Geojit is rated 3.6 of 5 based on 108 customer reviews	Upstox is rated 2.4 of 5 based on 132 customer reviews

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Geojit Vs Upstox Investment Options

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

Geojit Vs Upstox Order Type Offered

	Geojit	Upstox
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Geojit Vs Upstox Research Report

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

Geojit Vs Upstox Suitable For Investor Type

	Geojit	Upstox
Casual Investor
Active Investor
Trader

Geojit Vs Upstox - Pros and Cons

	Geojit	Upstox
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.	Zero account opening fee. Zero brokerage for trading in Equity Delivery (Cash & Carry). Zero brokerage for Mutual Fund investment. Flat Rs 20 per trade brokerage for all other segments. Offer direct mutual funds. Free trading software for mobile and web browsers. One app for trading in equity, currency, and commodity. Margin Trading Facility (MTF) is available at interest rate of Rs 20/day for slabs of Rs 40,000. Margin Against Share is available Online IPO, FPO, Bonds, and NCD's are available. Good-Till-Triggered (GTT) orders are available.
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.	It does not offer BTST facility. Unlimited monthly plans not available. No stock tips or recommendations. It charges an additional fee for call & trade. It charges an additional fee of Rs 50 for auto-square-off done by the broker. Higher demat debit transaction charges. Upstox doesn't offer NRI Trading and Demat Account. Intraday square-off at 3 PM. Most other brokers do it at 3:15 PM. Doesn't offer digital gold.
Reviews
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	Upstox Special Offer Exclusive offer by Upstox FREE Account Opening. Get Rs 1000 brokerage credit. Rs 0 Demat AMC. Pay flat Rs 20 for Eq Delivery, Intra-day and F&O Trades. Pay Rs 0 commission for Mutual Funds. It is a limited-time offer. Open Instant Account and start trading the same day.
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