Geojit Vs Upstox Share Broker Comparison
The side-by-side comparison of Geojit BNP Paribas and Upstox stock brokers in India. The comparison below highlights the similarities and differences between Geojit and Upstox's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Geojit and Upstox.
| |
Geojit BNP Paribas |
Upstox |
| |
|
|
|
 |
 |
| About the Broker |
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 experie...  |
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 ... |
Type of Broker
|
Full Service Broker |
Discount Broker |
| Supported Exchnage
|
BSE, NSE, MCX-SX |
BSE, NSE, MCX |
| Account Type
|
Online Trading |
Upstox Basic |
| Broker Enquiry |
|
|
Stock Broker Fees / Charges
| |
Geojit BNP Paribas |
Upstox |
| Trading Account Opening Fees
|
NIL |
₹150 (Eq and F&O), ₹150 (MCX) |
| Trading Account AMC
|
NIL |
₹0 |
| Demat Account Opening Fees
|
NIL |
₹0 |
| Demat Account AMC
|
Rs 600 |
₹150 (paid upfront) |
| Demat Account is Mandatory?
|
No |
No |
Trading Brokerage Charges
Brokerage Plan 1
| |
Geojit BNP Paribas |
Upstox |
| Account Type |
Online Trading |
Upstox Basic |
| Fixed Charges
|
|
|
| Equity Delivery Brokerage
|
0.30% |
₹0 |
| Equity Intraday Brokerage
|
0.03% |
₹20 per trade or 0.01% (whichever is lower) |
| Equity Futures Brokerage
|
0.03% |
₹20 per trade or 0.01% (whichever is lower) |
| Equity Options Brokerage
|
Rs 150 per contract |
₹20 per trade or 0.01% (whichever is lower) |
| Currency Futures Trading Brokerage
|
Rs 150 per contract |
₹20 per trade or 0.01% (whichever is lower) |
| Currency Options Trading Brokerage
|
Rs 150 per contract |
₹20 per trade or 0.01% (whichever is lower) |
| Commodity Futures Trading Brokerage
|
NA |
₹20 per trade or 0.01% (whichever is lower) |
| Commodity Options Trading Brokerage
|
|
|
Brokerage Plan 2
| |
Geojit BNP Paribas |
Upstox |
| Account Type |
Online Trading |
Upstox Priority |
| Fixed Charges
|
|
₹0 |
| Equity Delivery Brokerage
|
0.30% |
₹0 |
| Equity Intraday Brokerage
|
0.03% |
₹30 per trade or 0.05% (whichever is lower) |
| Equity Futures Brokerage
|
0.03% |
₹30 per trade or 0.05% (whichever is lower) |
| Equity Options Brokerage
|
Rs 150 per contract |
₹30 per trade or 0.05% (whichever is lower) |
| Currency Futures Trading Brokerage
|
Rs 150 per contract |
₹30 per trade or 0.05% (whichever is lower) |
| Currency Options Trading Brokerage
|
Rs 150 per contract |
₹30 per trade or 0.05% (whichever is lower) |
| Commodity Futures Trading Brokerage
|
NA |
₹30 per trade or 0.05% (whichever is lower) |
| Commodity Options Trading Brokerage
|
|
|
Other Charges
| Minimum Brokerage Charges
|
1p per share or Rs 20/contract whichever is higher |
₹0 |
| Other Brokerage Charges
|
|
|
| Call & Trade Charges
|
|
₹20 per trade |
Taxes
| |
Geojit BNP Paribas |
Upstox |
| Securities Transaction Tax (STT)
|
- Equity Intraday: 0.025% (on Sell trade)
- Equity Delivery: 0.1% (on Buy and Sell)
- Equity Futures: 0.01% (on Sell trade)
- Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
|
- Equity Intraday: 0.025% (on Sell trade)
- Equity Delivery: 0.1% (on Buy and Sell)
- Equity Futures: 0.01% (on Sell trade)
- Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
|
| Exchange Transaction Charges
|
Check table below |
Check table below |
| SEBI Charges
|
Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
|
18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
|
Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
| |
Geojit BNP Paribas |
Upstox |
| Equity Delivery
|
0.00325% |
NSE ₹325 | BSE ₹275 |
| Equity Intraday
|
0.00325% |
NSE ₹325 | BSE ₹275 |
| Equity Futures
|
0.0021% |
NSE ₹210 |
| Equity Options
|
0.055% on premium |
NSE ₹5500 |
| Currency Futures
|
0.00145% |
₹150 |
| Currency Options
|
0.0473% on premium |
₹6000 |
| Commodity
|
NA |
MCX ₹260/Cr |
Exposure
| |
Geojit BNP Paribas |
Upstox |
| Equity Delivery
|
|
1x |
| Equity Intraday
|
|
Regular: 15x | Priority Pack: 20x | Regular CO: 20x | Priority Pack CO: 25x |
| Equity Futures
|
|
Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 6x |
| Equity Options
|
|
Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x |
| Currency Futures
|
|
Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x |
| Currency Options
|
|
Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x |
| Commodity
|
|
Regular: 2.5x | Priority Pack: 3x | Regular CO: 3x | Priority Pack CO: 4x |
Share Broker Features
| |
Geojit BNP Paribas |
Upstox |
| 3 in 1 Account
|
 |
|
| Charting
|
 |
|
| Automated Trading
|
|
|
| SMS Alerts
|
|
|
| Online Demo
|
|
|
| Online Portfolio
|
|
|
| Margin Trading Funding Available
|
|
|
| Trading Platform
|
SELFIE |
Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola |
| Intraday Square-off Time
|
|
3:15 PM |
| Other Features
|
|
|
Broker Ratings (Average User Rating)
| |
Geojit BNP Paribas |
Upstox |
| |
91 Customer Reviews  |
41 Customer Reviews |
| Fees Ratings |
 |
 |
| Trading Brokerage Rating |
 |
 |
| Trading Platform Usability |
 |
 |
| Customer Service Ratings |
|
 |
| Overall Ratings |
|
|
| Broker Rating |
Geojit is Rated 3.8 / 5 based on 91 customer reviews |
Upstox is Rated 2.5 / 5 based on 41 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
| |
Geojit BNP Paribas |
Upstox |
| Stock / Equity
|
|
|
| Commodity
|
|
|
| Currency
|
|
|
| Initial Public Offers (IPO)
|
|
|
| Mutual Funds
|
|
|
| Bond / NCD
|
|
|
| Debt
|
|
|
| Other Investment Options
|
Insurance |
|
Customer Service Offered
| |
Geojit BNP Paribas |
Upstox |
| 24/7 Customer Service
|
|
|
| Onine Live Chat
|
|
|
| Through Branches
|
|
|
Order Type
| |
Geojit BNP Paribas |
Upstox |
| Bracket Order
|
|
|
| Cover Order
|
|
|
| Buy Today Sell Tomorrow (BTST)
|
|
|
| Sell Today Buy Tomorrow (STBT)
|
|
|
| After Market Order(AMO)
|
|
|
| Good Till Cancelled (GTC)
|
|
|
Research / Tips / Reports Published
| |
Geojit BNP Paribas |
Upstox |
| Daily Market Report
|
|
|
| Free Tips
|
|
|
| Quarterly Result Analysis
|
|
|
| News Alerts
|
|
|
Suitable for Investor Category
| |
Geojit BNP Paribas |
Upstox |
| Casual Investor
|
|
|
| Active Investor
|
|
|
| Trader
|
|
|
Pros, Cons and Other Review Comments
| |
Geojit BNP Paribas |
Upstox |
| Pros
|
More Advantages... |
- Upstox basic plan offers brokerage free trading in Equity Delivery segment.
- No brokerage for equity delivery trades.
- Free trading software including mobile and web trading app.
- Advance orders including AMO, CO and BO are available.
- Margin Against Share and Trailing-Stop/Stop-Loss (SL) are available to all.
- AmiBroker connector available for Algo Trading.
- Mutual Funds are available for investment.
- Higher leverage is available under different brokerage plan.
More Advantages... |
| 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.
More Disadvantages... |
- No margin funding.
- No equity 'good till cancelled' orders.
- Unlimited monthly plans not available.
- Additional fee for call & trader.
- Additional fee for square off done by the broker.
- Higher demat debit transaction charges.
- Online IPO, FPO, Bonds and NCD's are not available.
- No stock tips or recommendations.
More Disadvantages... |
| Reviews
|
|
Useful articles about Upstox:
|
| Promo / Offers
|
|
Get Account Opening Fee Refunded
Get free equity delivery trading (truly no brokerage) and pay flat ₹20 intranet and F&O trade brokerage. In addition get you account opening fees refunded as brokerage cashback. To open an account with Upstox, simply leave your contact information with us and Upstox representatives will call you.
|
|
Enquire about Geojit
|
Enquire about Upstox
|
| Compare More Brokers |
|
|
Zerodha
Zero Account Opening Fee