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
	Enquire Geojit	Open Upstox Account

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

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

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 Geojit	Open Upstox Account

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 Geojit	Open Upstox Account

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
Other Features		Option strategy builder
Referral Program
	Enquire Geojit	Open Upstox Account

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	117 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	Upstox is rated 2.4 of 5 based on 117 customer reviews

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)
	Enquire Geojit	Open Upstox Account

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		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 Geojit	Open Upstox Account