Geojit Vs Zerodha (Compare Geojit and Zerodha)

Geojit Vs Zerodha

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 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India.

	Geojit	Zerodha
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX-SX	NSE, BSE, MCX and NCDEX
Year of Incorporation	1987	2010
Number of Branches	509	22
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Geojit Vs Zerodha Charges & AMC

Geojit trading account opening charges is Rs 0 (Free) while Zerodha account opening changes is Rs 200. Geojit Demat Account AMC Charges is Rs 400 per year and Zerodha Demat Account AMC Charges is Rs 300.

	Geojit	Zerodha
Trading Account Opening Charges	Rs 0 (Free)	Rs 200
Trading Account AMC Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account Opening Charges	Rs 0 (Free)	Rs 0
Demat Account AMC Charges	Rs 400 per year	Rs 300

Geojit Vs Zerodha Brokerage

Geojit brokerage charges for equity is 0.30% and intraday is 0.03% whereas Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower.

Account Type	Geojit Online Traditional Plan	Zerodha Flat Brokerage Plan
Fixed Charges
Equity Delivery	0.30%	Rs 0 (Free)
Equity Intraday	0.03%	Rs 20 per executed order or .03% whichever is lower
Equity Futures	0.01%	Rs 20 per executed order or .03% whichever is lower
Equity Options	Rs 50 per lot	Rs 20 per executed order
Currency Futures	0.01%	Rs 20 per executed order or .03% whichever is lower
Currency Options	Rs 50 per lot	Rs 20 per executed order or .03% whichever is lower
Commodity Futures	NA	Rs 20 per executed order or .03% whichever is lower
Commodity Options	NA	Rs 20 per executed order or .03% whichever is lower
Special Offer	Zerodha (Trade with the best stock broker) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.	Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today.

Geojit Vs Zerodha Brokerage Plan 2

	Geojit	Zerodha
Account Type	GTrade Max	Flat Brokerage Plan
Fixed Charges
Equity Delivery	0.30%	Rs 0 (Free)
Equity Intraday	Rs 20 per trade or 0.03% which is lower	Rs 20 per executed order or .03% whichever is lower
Equity Futures	Rs 40 per lot	Rs 20 per executed order or .03% whichever is lower
Equity Options	Rs 20 per lot	Rs 20 per executed order
Currency Futures	Rs 40 per lot	Rs 20 per executed order or .03% whichever is lower
Currency Options	Rs 20 per lot	Rs 20 per executed order or .03% whichever is lower
Commodity Futures	NA	Rs 20 per executed order or .03% whichever is lower
Commodity Options	NA	Rs 20 per executed order or .03% whichever is lower
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Geojit Charges Vs Zerodha

Minimum Brokerage	1p per share or Rs 20/contract whichever is higher	0.03% in Intraday and F&O
Other Charges	Intraday Auto Square off at Rs 20 per lot	Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS
Call & Trade Charges		Rs 50 per executed order

Geojit Vs Zerodha Transaction Charges

Geojit transaction charges for options is Rs 5500 per Cr (0.05%) while Zerodha exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium).

	Geojit	Zerodha
Equity Delivery	Rs 325 per Cr (0.00325%)	NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday	Rs 325 per Cr (0.00325%)	NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures	Rs 210 per Cr (0.0021%)	NSE Rs 200 per Cr (0.002%)
Equity Options	Rs 5500 per Cr (0.05%)	NSE Rs 5300 per Cr (0.053%) (on premium)
Currency Futures	Rs 145 per Cr (0.00145%)	NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)
Currency Options	Rs 4730 per Cr (0.0473%) on premium	NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	NA	Group A - Rs 260 per Cr (0.0026%)
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Geojit Vs Zerodha Leverage (Margin)

Geojit margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Zerodha margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	Geojit	Zerodha
Equity Delivery	100% of trade value (1x leverage)	100% of trade value (1x leverage)
Equity Intraday	Up to 20% of trade value (5x leverage)	Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)	100% of NRML margin (Span + Exposure) (1x leverage)	100% of NRML margin (Span + Exposure) (1x leverage)
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Compare Geojit and Zerodha Features

The trading platforms offered Geojit include Selfie Platinum, Selfie Gold, Mobile App. Zerodha offers Kite Web, Kite Mobile for Android/iOS and Coin trading software.

	Geojit	Zerodha
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Selfie Platinum, Selfie Gold, Mobile App	Kite Web, Kite Mobile for Android/iOS and Coin
Intraday Square-off Time		Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close
Trading In SME Shares Allowed?
Referral Program
Other Features		Direct Mutual Funds, APIs for Algo Trading
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Geojit Vs Zerodha Review

Geojit is rated 3.6 of 5 based on 108 customer reviews whereas Zerodha is rated 3.7 of 5 based on 468 customer reviews.

	Geojit	Zerodha
	108 Customer Reviews	468 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Geojit is rated 3.6 of 5 based on 108 customer reviews	Zerodha is rated 3.7 of 5 based on 468 customer reviews

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Geojit Vs Zerodha Investment Options

	Geojit	Zerodha
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance

Geojit Vs Zerodha Order Type Offered

	Geojit	Zerodha
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 Zerodha Research Report

	Geojit	Zerodha
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Geojit Vs Zerodha Suitable For Investor Type

	Geojit	Zerodha
Casual Investor
Active Investor
Trader

Geojit Vs Zerodha - Pros and Cons

	Geojit	Zerodha
Pros	Free research and ecommendations. Free account opening. Rs 20 per trade Intraday trading brokerage in GTrade Max plan. 4 times exposure through MTF Access to 472 branches for customer support. Offices in UAE, Oman, Bahrain and Kuwait to help NRI investors. Excellent online trading platforms.	India's No. 1 broker in terms of the number of active clients and exchange volume. Safe, reliable, and most technologically advance broker in India. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Free equity delivery trades. No brokerage charges for Cash-N-Carry orders. Flat Rs 20 per trade brokerage for all other segments. Excellent trading platforms (Kite) available for free. Direct Mutual Fund Investment is available. Good Till Triggered (GTT) orders are available. These are similar to GTC orders. NRI Trading account is available.
Cons	High brokerage charges across all segment in comparision to other full-service brokers like Angel Broking, IIFL and Edelseiss. High minimum brokerage charges of Rs 20 per lot or 1 paisa per share whichever is higher.	It does not provide stock tips, research, and recommendations. Call & Trade is charged an extra Rs 50 per order. Auto Square off is charged at an extra Rs 50 per order. It does not offer a 3-in-1 account. It does not offer monthly unlimited trading plans. It does not offer an AMC Free Demat account. No margin funding.
Reviews
Promo / Offers	Zerodha (India's Best & No. 1 Broker)   Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews	Zerodha Special Offer Free Equity Delivery Trading and Mutual Funds Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday & F&O + Brokerage-free Direct Mutual Fund investment + Trade with the best trading platform in India. This is a limited-time offer. Open Instant Zerodha Account online and start trading today.
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