HDFC Securities Vs Geojit (Compare HDFC Securities and Geojit)

HDFC Securities Vs Geojit

Incorporated in 2002, HDFC Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 270 branches across India. Incorporated in 1987, Geojit is a Full Service Broker. It offers trading at BSE, NSE, MCX-SX. It has 509 branches across India.

	HDFC Securities	Geojit
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	BSE, NSE	BSE, NSE, MCX-SX
Year of Incorporation	2002	1987
Number of Branches	270	509
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HDFC Securities Vs Geojit Charges & AMC

HDFC Securities trading account opening charges is Rs 999 while Geojit account opening changes is Rs 425. HDFC Securities Demat Account AMC Charges is Rs 750 and Geojit Demat Account AMC Charges is Rs 700.

	HDFC Securities	Geojit
Trading Account Opening Charges	Rs 999	Rs 425
Trading Account AMC Charges	Rs 0	NIL
Demat Account Opening Charges	Rs 0	NIL
Demat Account AMC Charges	Rs 750	Rs 700

HDFC Securities Vs Geojit Brokerage

HDFC Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas Geojit brokerage charges for equity is 0.30% and intraday is 0.03%.

	HDFC Securities	Geojit
Account Type	Online Trading	Online Trading
Fixed Charges	NA
Equity Delivery	0.50%	0.30%
Equity Intraday	0.05%	0.03%
Equity Futures	0.05%	0.03%
Equity Options	Rs 100 per lot or 1% of the premium (whichever is higher)	Rs 125 per contract
Currency Futures	Rs 23 per contract	0.03%
Currency Options	Rs 20 per contract	Rs 125 per contract
Commodity Futures	0.02% for Intraday / 0.025% for positional	NA
Commodity Options	0.02% for Intraday / 0.025% for positional	NA
Special Offer	Special Offer: Rs 750 Demat account AMC fee waived off for the first year. Get HDFC 3-in-1 account, integrated trading + demat + saving bank account for seamless investing in stock market and mutual funds. Request a Callback.

HDFC Securities Charges Vs Geojit

Minimum Brokerage	Rs 25 plus taxes	1p per share or Rs 20/contract whichever is higher
Other Charges
Call & Trade Charges	Rs 0

HDFC Securities Vs Geojit Transaction Charges

HDFC Securities transaction charges for options is 0.050% (on premium) while Geojit exchange transaction charges for options is Rs 5500 per Cr (0.05%).

	HDFC Securities	Geojit
Equity Delivery	0.00325%	Rs 325 per Cr (0.00325%)
Equity Intraday	0.00325%	Rs 325 per Cr (0.00325%)
Equity Futures	.00190%	Rs 210 per Cr (0.0021%)
Equity Options	0.050% (on premium)	Rs 5500 per Cr (0.05%)
Currency Futures	0.00110%	Rs 145 per Cr (0.00145%)
Currency Options	0.040% (on premium)	Rs 4730 per Cr (0.0473%) on premium
Commodity	NA	NA
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HDFC Securities Vs Geojit Leverage (Margin)

HDFC Securities margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Geojit margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	HDFC Securities	Geojit
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare HDFC Securities and Geojit Features

The trading platforms offered HDFC Securities include ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify. Geojit offers Selfie Platinum, Selfie Gold, Mobile App trading software.

	HDFC Securities	Geojit
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	ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify	Selfie Platinum, Selfie Gold, Mobile App
Intraday Square-off Time	3:30 PM
Other Features	E-Margin, ENCASH,
Referral Program
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HDFC Securities Vs Geojit Review

HDFC Securities is rated 2.2 of 5 based on 208 customer reviews whereas Geojit is rated 3.7 of 5 based on 102 customer reviews.

	HDFC Securities	Geojit
	208 Customer Reviews	102 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	HDFC Securities is rated 2.2 of 5 based on 208 customer reviews	Geojit is rated 3.7 of 5 based on 102 customer reviews

HDFC Securities Vs Geojit Investment Options

	HDFC Securities	Geojit
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance, FD, NCD, Bond, NPS, Loan, NRI Trading	Insurance

HDFC Securities Vs Geojit Order Type Offered

	HDFC Securities	Geojit
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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HDFC Securities Vs Geojit Research Report

	HDFC Securities	Geojit
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

HDFC Securities Vs Geojit Suitable For Investor Type

	HDFC Securities	Geojit
Casual Investor
Active Investor
Trader

HDFC Securities Vs Geojit - Pros and Cons

	HDFC Securities	Geojit
Pros	The 3-in-1 account, which includes HDFC Bank Account, HDFC Securities Trading Account and HDFC Securities Demat Account, is the best offering for retail investors in India as it provides easiest way to invest in stock market and other financial instruments.
Cons	In addition to opening a trading account with HDFC Securities Ltd, you will also be required to open a savings bank account (quarterly minimum balance of Rs 5000) and a DP (depository participant) account with HDFC Bank. Very high brokerage charges Charge minimum brokerage of Rs 25	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.
Reviews
Promo / Offers	HDFC 3-in-1 Account HDFC Securities offers a full-service 3-in-1 account, a combination of saving bank, trading and demat account. One account to investment in Equity, Derivatives, Mutual Funds, IPO and Fixed Deposits. Special Offer: Rs 750 demat account AMC is waived when you open your 3-in-1 account. Interested in opening a trading account? Request Callback from a stock broker.
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