Geojit Vs Upstox (Compare Geojit and Upstox)


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


Upstox
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms. Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix. Upstox trading platform offers trading, analysis, charting and many more rich trading features. This platfo... Know more about Upstox

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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
Open an Online Trading Account with Geojit.Open an Online Trading Account with Upstox.
Enquire GeojitOpen Upstox Account
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Geojit Vs Upstox Charges & AMC

Geojit trading account opening charges is Rs 425 while Upstox account opening changes is Rs 249. Geojit Demat Account AMC Charges is Rs 700 and Upstox Demat Account AMC Charges is Rs 300.

  Geojit Upstox
Trading Account Opening Charges Rs 425 Rs 249
Trading Account AMC Charges NIL Rs 0 (Free)
Demat Account Opening Charges NIL Rs 0 (Free)
Demat Account AMC Charges Rs 700 Rs 300
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Geojit Vs Upstox Brokerage Charges & Plans

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 0 (Free) and intraday is Rs 20 per executed order or 0.05% whichever is lower.

  Geojit Upstox
Account Type Online Trading Default
Fixed Charges NA
Equity Delivery 0.30% Rs 0 (Free)
Equity Intraday 0.03% Rs 20 per executed order or 0.05% whichever is lower
Equity Futures 0.03% Rs 20 per executed order or 0.05% whichever is lower
Equity Options Rs 125 per contract Rs 20 per executed order
Currency Futures 0.03% Rs 20 per executed order or 0.05% whichever is lower
Currency Options Rs 125 per contract 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
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 online and start trading today.

Geojit Charges Vs Upstox

Minimum Brokerage 1p per share or Rs 20/contract whichever is higher 0.05%
Other Charges Auto Square-off Charges: Rs 50
Call & Trade Charges Rs 20 per trade
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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%)
Enquire GeojitOpen Upstox Account
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Geojit Vs Upstox 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 Upstox 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 Upstox
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 GeojitOpen Upstox Account
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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 No No
Charting Yes Yes
Automated Trading No No
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 Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola
Intraday Square-off Time 3:00 PM
Other Features Option strategy builder
Referral Program Yes
Enquire GeojitOpen Upstox Account
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Geojit Vs Upstox Review

Geojit is rated 3.7 of 5 based on 102 customer reviews whereas Upstox is rated 2.4 of 5 based on 117 customer reviews.

  Geojit Upstox
  102 Customer Reviews    Rate Geojit 117 Customer Reviews    Rate Upstox
Fees 3.6 3.4
Brokerage 3.3 3.5
Trading Platform 4.0 2.6
Customer Service 3.8 2.3
Research Capabilities 3.2 2.3
Overall Ratings Rated 3.7 stars Rated 2.4 stars
Broker Rating Geojit is rated 3.7 of 5 based on 102 customer reviews Upstox is rated 2.4 of 5 based on 117 customer reviews
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Contact Broker / Request A Call Back

  Geojit Enquire Upstox Enquire
Contact Broker Leave your contact information and we will get in touch with you....
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 online and start trading today.
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Geojit Vs Upstox Investment Options

  Geojit Upstox
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes No
Bond / NCD Yes No
Debt Yes No
Other Investment Options Insurance
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Geojit Vs Upstox Order Type Offered

  Geojit Upstox
Bracket Order No No
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 No
Enquire GeojitOpen Upstox Account
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Geojit Vs Upstox Research Report

  Geojit Upstox
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Geojit Vs Upstox Suitable For Investor Type

  Geojit Upstox
Casual Investor Yes
Active Investor Yes Yes
Trader Yes
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Geojit Vs Upstox - Pros and Cons

  Geojit Upstox
Pros
  • Zero account opening fee.
  • Zero brokerage for trading in Equity Delivery (Cash & Carry).
  • Zero brokerage for Mutual Fund and digital gold 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 Against Share is available
  • Online IPO, FPO, Bonds, and NCD's are available.
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.
  • No margin funding.
  • It does not offer the 'Good Till Canceled (GTC) order type.
  • 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.
Reviews
Promo / Offers

Free Equity Delivery Trading & Mutual Funds

  • Pay Rs 0 Brokerage for Equity Delivery, Mutual Funds, and Digital Gold.
  • Pay flat Rs 20 for Intra-day and F&O Trades.
  • Trade with the best trading platform.

It is a limited-time offer. Open Instant Account online and start trading the same day.

Enquire GeojitOpen Upstox Account

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