Geojit Vs Upstox (Compare Geojit and Upstox)
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.
Geojit Vs Upstox
Geojit
Upstox
Find more info about broker
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
Year of Incorporation
1987
2012
Number of Branches
509
4
Enquire Geojit
Enquire Upstox
Geojit Vs Upstox Charges
Geojit
Upstox
Trading Account Opening Fees
₹425
₹0 (Free)
Trading Account AMC
NIL
₹0 (Free)
Demat Account Opening Fees
NIL
₹0 (Free)
Demat Account AMC
₹0
₹300
Demat Account is Mandatory?
No
No
Geojit Vs Upstox Brokerage
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
₹125 per contract
₹30 per executed order
Currency Futures Trading Brokerage
0.03%
₹30 per executed order
Currency Options Trading Brokerage
₹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 ₹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.
Geojit Vs Upstox Transaction Charges
Geojit
Upstox
Equity Delivery
₹325 per Cr (0.00325%)
NSE ₹325 | BSE ₹275
Equity Intraday
₹325 per Cr (0.00325%)
NSE ₹325 | BSE ₹275
Equity Futures
₹210 per Cr (0.0021%)
NSE ₹210
Equity Options
₹5500 per Cr (0.05%)
NSE ₹5500
Currency Futures
₹145 per Cr (0.00145%)
₹150
Currency Options
₹4730 per Cr (0.0473%) on premium
₹6000
Commodity
NA
MCX ₹260/Cr
Geojit Vs Upstox Exposure Margin
Geojit
Upstox
Equity Delivery
Upto 7x with 22% interest per year
2.5x
Equity Intraday
Upto 10x
Regular: 15x | Priority Pack: 20x | Regular CO: 20x | Priority Pack CO: 25x
Equity Futures
No additional leverage
Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 6x
Equity Options
No additional leverage
Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x
Currency Futures
No additional leverage
Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x
Currency Options
No additional leverage
Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x
Commodity Futures
NA
Regular: 2.5x | Priority Pack: 3x | Regular CO: 3x | Priority Pack CO: 4x
Commodity Options
Geojit and Upstox Feature Comparison
Geojit
Upstox
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
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
3:15 PM
Other Features
Option strategy builder
Referral Program
Geojit Vs Upstox Review
Geojit
Upstox
97 Customer Reviews
67 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
Geojit is Rated 3.8 / 5 based on 97 customer reviews Upstox is Rated 2.6 / 5 based on 67 customer reviews
Geojit Vs Upstox Investment Options
Geojit
Upstox
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Insurance
Geojit Vs Upstox Customer Service
Geojit
Upstox
24/7 Customer Service
Onine Live Chat
Through Branches
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)
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 - Advantages and Disadvantages
Geojit
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.
Online IPO, FPO, Bonds and NCD's are available.
More Advantages...
Cons
1. Very high Options trading brokerage charges. Geojit charges ₹125 per contract for Intraday Options and ₹150 per contract for Options carry forward positions.
2. Geojit charges minimum brokerage of ₹20 per Contract or 1 paisa per share whichever is higher.
3. Paper contract note by post cost additional ₹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.
No stock tips or recommendations.
Upstox doesn't offer NRI Trading and Demat Account.
More Disadvantages...
Reviews
Promo / Offers
Limited Time Offer - Free Account Opening (₹300 waived) 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.
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Zerodha
Zero Account Opening Fee