Geojit Vs Upstox (Compare Geojit and Upstox)

Geojit Vs Upstox

Incorporated in 1987, Geojit is a Full Service Broker. It offers trading at BSE, NSE, MCX-SX. It has 509 branches across India. Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India.

	Geojit	Upstox
Type of Broker	Full Service Broker	Discount Broker
Supported Exchnages	BSE, NSE, MCX-SX	BSE, NSE, MCX
Account Type	Online Trading	Upstox Basic
Year of Incorporation	1987	2012
Number of Branches	509	4
Broker Enquiry
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Geojit Vs Upstox Charges & AMC

Geojit trading account opening charges is ₹425 while Upstox account opening changes is ₹249. Geojit Demat Account AMC Charges is ₹0 and Upstox Demat Account AMC Charges is ₹300.

	Geojit	Upstox
Trading Account Opening Charges	₹425	₹249
Trading Account AMC Charges	NIL	₹0 (Free)
Demat Account Opening Charges	NIL	₹0 (Free)
Demat Account AMC Charges	₹0	₹300

Geojit Vs Upstox Brokerage

Geojit brokerage charges for equity is 0.30% and intraday is 0.03% whereas Upstox brokerage charges for equity is ₹0 (Free) and intraday is ₹20 per executed order or 0.05% whichever is lower.

	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 or 0.05% whichever is lower
Equity Futures Brokerage	0.03%	₹20 per executed order or 0.05% whichever is lower
Equity Options Brokerage	₹125 per contract	₹20 per executed order
Currency Futures Trading Brokerage	0.03%	₹20 per executed order or 0.05% whichever is lower
Currency Options Trading Brokerage	₹125 per contract	₹20 per executed order
Commodity Futures Trading Brokerage	NA	₹20 per executed order or 0.05% whichever is lower
Commodity Options Trading Brokerage	NA	₹20 per executed order
Special Offer		Special Offer: FREE Equity Delivery Trading + Flat ₹20 per order for Intra-day and F&O. Get the Exclusive Offer

Geojit Vs Upstox Brokerage Plan 2

	Geojit	Upstox
Account Type	Online Trading	Upstox Priority (Higher Margin)
Fixed Charges		NA
Equity Delivery Brokerage	0.30%	₹0
Equity Intraday Brokerage	0.03%	₹30 per executed order or 0.10% whichever is lower
Equity Futures Brokerage	0.03%	₹30 per executed order or 0.10% whichever is lower
Equity Options Brokerage	₹125 per contract	₹30 per executed order
Currency Futures Trading Brokerage	0.03%	₹30 per executed order or 0.10% whichever is lower
Currency Options Trading Brokerage	₹125 per contract	₹30 per executed order
Commodity Futures Trading Brokerage	NA	₹30 per executed order or 0.10% whichever is lower
Commodity Options Trading Brokerage	NA	₹30 per executed order
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Geojit Charges Vs Upstox

Minimum Brokerage Charges	1p per share or ₹20/contract whichever is higher	0.05%
Other Brokerage Charges
Call & Trade Charges		₹20 per trade

Geojit Vs Upstox Transaction Charges

Geojit transaction charges for options is ₹5500 per Cr (0.05%) while Upstox exchange transaction charges for options is NSE ₹5500 per Cr (0.055%) (on premium).

	Geojit	Upstox
Equity Delivery	₹325 per Cr (0.00325%)	NSE ₹325 per Cr (0.00325%) (each side)
Equity Intraday	₹325 per Cr (0.00325%)	NSE ₹325 per Cr (0.00325%) (each side)
Equity Futures	₹210 per Cr (0.0021%)	NSE ₹210 per Cr (0.0021%)
Equity Options	₹5500 per Cr (0.05%)	NSE ₹5500 per Cr (0.055%) (on premium)
Currency Futures	₹145 per Cr (0.00145%)	NSE ₹130 per Cr (0.0013%) | BSE ₹26 per Cr (0.00026%)
Currency Options	₹4730 per Cr (0.0473%) on premium	NSE ₹2900 per Cr (0.029%) | BSE ₹2600 per Cr (0.026%) (on premium)
Commodity	NA	Group A - ₹290 per Cr (0.0029%)
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Geojit Vs Upstox Leverage (Margin)

Geojit provides the margin of Upto 10x for intraday trades whereas the Upstox margin for intraday cash is Basic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x.

	Geojit	Upstox
Equity Delivery	Upto 7x with 22% interest per year	1x (no margin)
Equity Intraday	Upto 10x	Basic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x
Equity Futures	No additional leverage	Basic: 3x | Priority: 3x | Basic CO: 5x | Priority CO: 6x
Equity Options	No additional leverage	Basic: 3x | Priority: 3x | Basic CO: 3x | Priority CO: 3x
Currency Futures	No additional leverage	Basic:4x | Priority:4x | Basic CO:4x | Priority CO:5x
Currency Options	No additional leverage	Basic: 4x | Priority: 4x | Basic CO: 4x | Priority CO: 5x
Commodity Futures	NA	Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x
Commodity Options
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Compare Geojit and Upstox Features

The trading platforms offered Geojit include Selfie Platinum, Selfie Gold, Mobile App. Upstox offers Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola trading software.

	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
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Geojit Vs Upstox Review

Geojit is rated 3.8 of 5 based on 98 customer reviews whereas Upstox is rated 2.5 of 5 based on 96 customer reviews.

	Geojit	Upstox
	98 Customer Reviews	96 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Geojit is rated 3.8 of 5 based on 98 customer reviews	Upstox is rated 2.5 of 5 based on 96 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 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)
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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 - Pros and Cons

	Geojit	Upstox
Pros		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.
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.	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. Doesn't offer BTST facility.
Reviews
Promo / Offers		FREE Equity Delivery Trading Open Upstox Trading Account and get brokerage FREE Equity Delivery Trades (₹0 brokerage). Trade in Intra-day and F&O Trades at flat ₹20 per order. Request Callback
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