The side-by-side comparison of Geojit and Upstox. Compare Geojit Vs Upstox brokerage, charges, exposure margin, demat account. Read Upstox and Geojit review.
Find out Geojit Vs Upstox which is better and Geojit Vs Upstox which is best.
Our Geojit BNP Paribas comparison with Upstox highlights the major differences between two brokers. Find the best between Geojit and Upstox.
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
Year of Incorporation
1987
2012
Number of Branches
509
4
Geojit Vs Upstox Charges
Geojit
Upstox
Trading Account Opening Fees
Rs 425
₹150 (Eq and F&O), ₹150 (MCX)
Trading Account AMC
NIL
₹0
Demat Account Opening Fees
NIL
₹0
Demat Account AMC
Rs 0
₹150
Demat Account is Mandatory?
No
No
Geojit Vs Upstox Brokerage
Brokerage Plan 1
Geojit
Upstox
Account Type
Online Trading
Upstox Basic
Fixed Charges
Equity Delivery Brokerage
0.30%
₹0 (Free)
Equity Intraday Brokerage
0.03%
₹20 per executed order
Equity Futures Brokerage
0.03%
₹20 per executed order
Equity Options Brokerage
Rs 125 per contract
₹20 per executed order
Currency Futures Trading Brokerage
0.03%
₹20 per executed order
Currency Options Trading Brokerage
Rs 125 per contract
₹20 per executed order
Commodity Futures Trading Brokerage
NA
₹20 per executed order
Commodity Options Trading Brokerage
NA
₹20 per executed order
Brokerage Plan 2
Geojit
Upstox
Account Type
Online Trading
Upstox Priority
Fixed Charges
Equity Delivery Brokerage
0.30%
₹0
Equity Intraday Brokerage
0.03%
₹30 per executed order
Equity Futures Brokerage
0.03%
₹30 per executed order
Equity Options Brokerage
Rs 125 per contract
₹30 per executed order
Currency Futures Trading Brokerage
0.03%
₹30 per executed order
Currency Options Trading Brokerage
Rs 125 per contract
₹30 per executed order
Commodity Futures Trading Brokerage
NA
₹30 per executed order
Commodity Options Trading Brokerage
NA
₹30 per executed order
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
Geojit Vs Upstox Taxes
Geojit
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)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
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.
Zerodha
Zero Account Opening Fee