Geojit Vs Zerodha (Compare Geojit and Zerodha)
The side-by-side comparison of Geojit and Zerodha. Compare Geojit Vs Zerodha brokerage, charges, exposure margin, demat account. Read Zerodha and Geojit review.
Find out Geojit Vs Zerodha which is better and Geojit Vs Zerodha which is best.
Our Geojit BNP Paribas comparison with Zerodha highlights the major differences between two brokers. Find the best between Geojit and Zerodha.
Geojit Vs Zerodha
Geojit
Zerodha
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...
Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage Company) for trading in Stock, Commodity and Currency Derivative. It charges a brokerage of 0.01% or ₹20 per executed o...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE, MCX-SX
NSE, BSE, MCX and NCDEX
Account Type
Online Trading
Flat Brokerage Plan
Broker Enquiry
Year of Incorporation
1987
2010
Number of Branches
509
22
Enquire Geojit
Enquire Zerodha
Geojit Vs Zerodha Charges
Geojit
Zerodha
Trading Account Opening Fees
₹425
₹200
Trading Account AMC
NIL
₹0 (Free)
Demat Account Opening Fees
NIL
₹0
Demat Account AMC
₹0
₹300
Demat Account is Mandatory?
No
No
Geojit Vs Zerodha Brokerage
Other Charges
Minimum Brokerage Charges
1p per share or ₹20/contract whichever is higher
₹0
Other Brokerage Charges
Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS
Call & Trade Charges
₹50 per executed order
Geojit Vs Zerodha Taxes
Geojit
Zerodha
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 Zerodha Transaction Charges
Geojit
Zerodha
Equity Delivery
₹325 per Cr (0.00325%)
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Intraday
₹325 per Cr (0.00325%)
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Futures
₹210 per Cr (0.0021%)
NSE ₹190 per Cr (0.0019%)
Equity Options
₹5500 per Cr (0.05%)
NSE ₹5000 per Cr (0.05%)
Currency Futures
₹145 per Cr (0.00145%)
NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%)
Currency Options
₹4730 per Cr (0.0473%) on premium
NSE ₹70 per Cr (0.0007%) | BSE ₹100 per Cr (0.001%) (on premium)
Commodity
NA
Group A - ₹260 per Cr (0.0026%)
Geojit Vs Zerodha Exposure Margin
Geojit
Zerodha
Equity Delivery
Upto 7x with 22% interest per year
1x (no margin)
Equity Intraday
Upto 10x
Up to 20x (based on the stock)
Equity Futures
No additional leverage
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options
No additional leverage
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures
No additional leverage
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options
No additional leverage
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity Futures
NA
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
Commodity Options
Geojit and Zerodha Feature Comparison
Geojit
Zerodha
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
Kite Web, Kite Android/iOS, Pi, Coin, Kite mobile
Intraday Square-off Time
3:10 PM
Other Features
Direct Mutual Funds, APIs
Referral Program
Geojit Vs Zerodha Review
Geojit
Zerodha
97 Customer Reviews
369 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 Zerodha is Rated 3.7 / 5 based on 369 customer reviews
Geojit Vs Zerodha Investment Options
Geojit
Zerodha
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Insurance
Geojit Vs Zerodha Customer Service
Geojit
Zerodha
24/7 Customer Service
Onine Live Chat
Through Branches
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)
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 - Advantages and Disadvantages
Geojit
Zerodha
Pros
More Advantages...
Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
Excellent trading platforms (Kite) available for free.
Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
Brokerage is 0.01% or ₹20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
Direct Mutual Fund Investment is available.
Over 10 lakha+ active customers and 10% of daily volume at BSE, NSE and MCX.
Zerodha Referral Program offers 10% broekrage share to clients you refer.
Good Till Triggered (GTT) order are available. These are simillar to GTC orders.
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...
Doesn't provide stock tips, research reports or recommendations.
Call & Trade is charged at extra ₹50 order.
Auto Square off is charged at extra ₹50 order.
Doesn't offer 3-in-1 account.
Doesn't offer unlimited trading plans.
Doesn't offer AMC Free Demat account.
More Disadvantages...
Reviews
Promo / Offers
Free Equity Delivery Trading Get free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.
Zerodha
Zero Account Opening Fee