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

	Geojit	Zerodha
Trading Account Opening Charges	Rs 425	Rs 200
Trading Account AMC Charges	NIL	Rs 0 (Free)
Demat Account Opening Charges	NIL	Rs 0
Demat Account AMC Charges	Rs 0	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.

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

Geojit Charges Vs Zerodha

Minimum Brokerage Charges	1p per share or Rs 20/contract whichever is higher	0.03% in Intraday and F&O
Other Brokerage Charges		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 5000 per Cr (0.05%) (on premium).

	Geojit	Zerodha
Equity Delivery	Rs 325 per Cr (0.00325%)	NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday	Rs 325 per Cr (0.00325%)	NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures	Rs 210 per Cr (0.0021%)	NSE Rs 190 per Cr (0.0019%)
Equity Options	Rs 5500 per Cr (0.05%)	NSE Rs 5000 per Cr (0.05%) (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 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		Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close
Other Features		Direct Mutual Funds, APIs for Algo Trading
Referral Program
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Geojit Vs Zerodha Review

Geojit is rated 3.7 of 5 based on 99 customer reviews whereas Zerodha is rated 3.7 of 5 based on 409 customer reviews.

	Geojit	Zerodha
	99 Customer Reviews	409 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Geojit is rated 3.7 of 5 based on 99 customer reviews	Zerodha is rated 3.7 of 5 based on 409 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 Rs 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 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.	Doesn't provide stock tips, research reports or recommendations. Call & Trade is charged at extra Rs 50 order. Auto Square off is charged at extra Rs 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 Rs 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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