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.
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
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
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 125 per contract
₹20 per trade or 0.01% (whichever is lower)
Currency Futures Trading Brokerage
0.03%
₹20 per trade or 0.01% (whichever is lower)
Currency Options Trading Brokerage
Rs 125 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
NA
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 125 per contract
₹30 per trade or 0.05% (whichever is lower)
Currency Futures Trading Brokerage
0.03%
₹30 per trade or 0.05% (whichever is lower)
Currency Options Trading Brokerage
Rs 125 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
NA
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.
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.
Limited Time Offer - Free Account Opening (₹300 waived) until May 17th 2019
Open Upstox Trading Account and get FREE Trading, Demat and Mutual Fund Account + FREE Equity Delivery Trades (no brokerage) + Intraday and F&O Trades at flat ₹20 per order.
Zerodha
Zero Account Opening Fee