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
Supported Exchnages	BSE, NSE, MCX-SX	NSE, BSE, MCX and NCDEX
Account Type	Online Trading	Flat Brokerage Plan
Year of Incorporation	1987	2010
Number of Branches	509	22
Broker Enquiry
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Geojit Vs Zerodha Charges & AMC

Geojit trading account opening charges is ₹425 while Zerodha account opening changes is ₹200. Geojit Demat Account AMC Charges is ₹0 and Zerodha Demat Account AMC Charges is ₹300.

	Geojit	Zerodha
Trading Account Opening Charges	₹425	₹200
Trading Account AMC Charges	NIL	₹0 (Free)
Demat Account Opening Charges	NIL	₹0
Demat Account AMC Charges	₹0	₹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 ₹0 (Free) and intraday is ₹20 per executed order or .03% whichever is lower.

	Geojit	Zerodha
Account Type	Online Trading	Flat Brokerage Plan
Fixed Charges
Equity Delivery Brokerage	0.30%	₹0 (Free)
Equity Intraday Brokerage	0.03%	₹20 per executed order or .03% whichever is lower
Equity Futures Brokerage	0.03%	₹20 per executed order or .03% whichever is lower
Equity Options Brokerage	₹125 per contract	₹20 per executed order
Currency Futures Trading Brokerage	0.03%	₹20 per executed order or .03% whichever is lower
Currency Options Trading Brokerage	₹125 per contract	₹20 per executed order or .03% whichever is lower
Commodity Futures Trading Brokerage	NA	₹20 per executed order or .03% whichever is lower
Commodity Options Trading Brokerage	NA	₹20 per executed order or .03% whichever is lower
Special Offer		Special Offer: Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer

Geojit Charges Vs Zerodha

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

Geojit Vs Zerodha Transaction Charges

Geojit transaction charges for options is ₹5500 per Cr (0.05%) while Zerodha exchange transaction charges for options is NSE ₹5000 per Cr (0.05%) (on premium).

	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%) (on premium)
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 ₹3500 per Cr (0.035%) | BSE ₹100 per Cr (0.001%) (on premium)
Commodity	NA	Group A - ₹260 per Cr (0.0026%)
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Geojit Vs Zerodha Leverage (Margin)

Geojit provides the margin of Upto 10x for intraday trades whereas the Zerodha margin for intraday cash is Up to 20x (based on the stock).

	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
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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 Available
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		3:10 PM
Other Features		Direct Mutual Funds, APIs for Algo Trading
Referral Program
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Geojit Vs Zerodha Review

Geojit is rated 3.8 of 5 based on 98 customer reviews whereas Zerodha is rated 3.7 of 5 based on 386 customer reviews.

	Geojit	Zerodha
	98 Customer Reviews	386 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	Zerodha is rated 3.7 of 5 based on 386 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 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 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 0.03% 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.
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.	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.
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.
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