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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
 
Geojit BNP Paribas Logo Upstox Logo
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... Know more about Geojit BNP Paribas 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 ... Know more about Upstox
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 Open an Online Trading Account with Geojit. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Upstox. Leave your contact info and we will get in touch with you.
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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
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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
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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.
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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
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Exposure

  Geojit BNP Paribas 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 NA Regular: 2.5x | Priority Pack: 3x | Regular CO: 3x | Priority Pack CO: 4x
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Share Broker Features

  Geojit BNP Paribas Upstox
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes No
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
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Broker Ratings (Average User Rating)

  Geojit BNP Paribas Upstox
  93 Customer Reviews    Rate Geojit 49 Customer Reviews    Rate Upstox
Fees Ratings 3.7 3.8
Trading Brokerage Rating 3.3 3.6
Trading Platform Usability 4.1 2.9
Customer Service Ratings 3.8 2.5
Overall Ratings Rated 3.8 stars Rated 2.6 stars
Broker Rating Geojit is Rated 3.8 / 5 based on 93 customer reviews Upstox is Rated 2.6 / 5 based on 49 customer reviews
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Contact Broker / Request A Call Back

  Geojit BNP Paribas Upstox
Contact / Request Call Back
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Investment Options Available

  Geojit BNP Paribas Upstox
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Bond / NCD Yes No
Debt Yes No
Other Investment Options Insurance
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Customer Service Offered

  Geojit BNP Paribas Upstox
24/7 Customer Service No No
Onine Live Chat No No
Through Branches Yes No
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Order Type

  Geojit BNP Paribas Upstox
Bracket Order No Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No
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Research / Tips / Reports Published

  Geojit BNP Paribas Upstox
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Suitable for Investor Category

  Geojit BNP Paribas Upstox
Casual Investor
Active Investor Yes Yes
Trader Yes

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Pros, Cons and Other Review Comments

  Geojit BNP Paribas Upstox
Pros

More Advantages...

  1. Upstox basic plan offers brokerage free trading in Equity Delivery segment.
  2. No brokerage for equity delivery trades.
  3. Free trading software including mobile and web trading app.
  4. Advance orders including AMO, CO and BO are available.
  5. Margin Against Share and Trailing-Stop/Stop-Loss (SL) are available to all.
  6. AmiBroker connector available for Algo Trading.
  7. Mutual Funds are available for investment.
  8. 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.
  • Upstox doesn't offer NRI Trading and Demat Account.

More Disadvantages...

Reviews Useful articles about Upstox:
Promo / Offers

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.

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