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.
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 Rs 20 per executed...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE, MCX-SX
NSE, BSE, MCX and NCDEX
Account Type
Online Trading
Standard Plan
Broker Enquiry
Year of Incorporation
1987
2010
Number of Branches
509
22
Geojit Vs Zerodha Charges
Geojit
Zerodha
Trading Account Opening Fees
Rs 425
₹200
Trading Account AMC
NIL
₹0 (Free)
Demat Account Opening Fees
NIL
₹100
Demat Account AMC
Rs 0
₹300
Demat Account is Mandatory?
No
No
Geojit Vs Zerodha Brokerage
Brokerage Plan 1
Geojit
Zerodha
Account Type
Online Trading
Standard Plan
Fixed Charges
Equity Delivery Brokerage
0.30%
₹0 (Free)
Equity Intraday Brokerage
0.03%
₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage
0.03%
₹20 per executed order or .01% whichever is lower
Equity Options Brokerage
Rs 125 per contract
₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage
0.03%
₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage
Rs 125 per contract
₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage
NA
₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage
NA
₹20 per executed order or .01% whichever is lower
Other Charges
Minimum Brokerage Charges
1p per share or Rs 20/contract whichever is higher
₹0
Other Brokerage Charges
Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS
Call & Trade Charges
₹20 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
0.00325%
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Intraday
0.00325%
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Futures
0.0021%
NSE ₹190 per Cr (0.0019%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Options
0.055% on premium
NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium)
Currency Futures
0.00145%
NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%)
Currency Options
0.0473% on premium
NSE ₹4000 per Cr (0.04%) | 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
94 Customer Reviews
354 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Geojit is Rated 3.8 / 5 based on 94 customer reviews
Zerodha is Rated 3.8 / 5 based on 354 customer reviews
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.
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