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HDFC Securities Vs Geojit (Compare HDFC Securities and Geojit)

HDFC Securities Ltd Logo

About HDFC Securities
Incorporated in 2000, HDFC Securities is one of the leading full-service stock brokers in India. HDFC Securities is a subsidiary of HDFC Bank. The company allows its customers to trade and invest in shares, bonds, futures, options, buybacks, mutual funds, IPOs, currency derivatives, commodities, stock portfolios, etc. HDFC Securities is a SEBI registered broker and a member of BSE, NSE, MCX, CDSL and NSDL. HDFC Securities provides trading services through multiple trading platforms to make cust... Know more about HDFC Securities Ltd

Geojit BNP Paribas Logo

About Geojit
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 experience in Portfolio Management Services and the distribution of financial products: mutual funds and life insurance. Geojit provides stock trading at NSE and BSE stock exchanges through a strong network of around 500 branches and its state of art onl... Know more about Geojit BNP Paribas

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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 0 (Free). HDFC Securities Demat Account AMC Charges is Rs 750 and Geojit Demat Account AMC Charges is Rs 400 per year.

  HDFC Securities Geojit
Trading Account Opening Charges Rs 999 Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0 (Free)
Demat Account Opening Charges Rs 0 Rs 0 (Free)
Demat Account AMC Charges Rs 750 Rs 400 per year

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HDFC Securities Vs Geojit Brokerage

HDFC Securities brokerage charges for equity is 0.32% and intraday is 0.032% whereas Geojit brokerage charges for equity is 0.30% and intraday is 0.03%.

Account Type HDFC Securities Lite 199 Yearly Subscription Plan Geojit Online Traditional Plan
Fixed Charges Rs 199 per year
Equity Delivery 0.32% 0.30%
Equity Intraday 0.032% 0.03%
Equity Futures Rs 20 per trade 0.01%
Equity Options Rs 20 per trade Rs 50 per lot
Currency Futures 0.01%
Currency Options Rs 50 per lot
Commodity Futures NA
Commodity Options NA
Special Offer

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

HDFC Securities Vs Geojit Brokerage Plan 2

  HDFC Securities Geojit
Account Type Alpha 1,999 GTrade Max
Fixed Charges Rs 1999 per year
Equity Delivery 0.18% 0.30%
Equity Intraday 0.018% Rs 20 per trade or 0.03% which is lower
Equity Futures Rs 20 per trade Rs 40 per lot
Equity Options Rs 20 per trade Rs 20 per lot
Currency Futures Rs 40 per lot
Currency Options Rs 20 per lot
Commodity Futures NA
Commodity Options NA

HDFC Securities Vs Geojit Brokerage Plan 3

  HDFC Securities Geojit
Account Type Alpha 4999 Yearly Subscription Plan Online Traditional Plan
Fixed Charges Rs 4,999 per year
Equity Delivery 0.10% 0.30%
Equity Intraday 0.010% 0.03%
Equity Futures Rs 20 per trade 0.01%
Equity Options Rs 20 per trade Rs 50 per lot
Currency Futures 0.01%
Currency Options Rs 50 per lot
Commodity Futures NA
Commodity Options NA

HDFC Securities Charges Vs Geojit

Minimum Brokerage Rs. 25 per order on equity segment 1p per share or Rs 20/contract whichever is higher
Other Charges Intraday Auto Square off at Rs 20 per lot
Call & Trade Charges Rs 0

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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 20% of the trade value (5x leverage) based on the stock whereas the Geojit margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  HDFC Securities Geojit
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)

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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 Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) No
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
Trading In SME Shares Allowed?
Referral Program
Other Features E-Margin, ENCASH,

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HDFC Securities Vs Geojit Review

HDFC Securities is rated 2.2 of 5 based on 224 customer reviews whereas Geojit is rated 3.6 of 5 based on 108 customer reviews.

  HDFC Securities Geojit
  224 Customer Reviews    Rate HDFC Securities 108 Customer Reviews    Rate Geojit
Fees 2.1 3.5
Brokerage 1.8 3.2
Trading Platform 2.9 4.0
Customer Service 2.5 3.7
Research Capabilities 2.7 2.9
Overall Ratings Rated 2.2 stars Rated 3.6 stars
Broker Rating HDFC Securities is rated 2.2 of 5 based on 224 customer reviews Geojit is rated 3.6 of 5 based on 108 customer reviews

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Contact Broker / Request A Call Back

  HDFC Securities Enquire Geojit Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

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HDFC Securities Vs Geojit Investment Options

  HDFC Securities Geojit
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Insurance, FD, NCD, Bond, NPS, Loan, NRI Trading Insurance

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HDFC Securities Vs Geojit Order Type Offered

  HDFC Securities Geojit
Bracket Order Yes No
Cover Order Yes No
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes Yes

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HDFC Securities Vs Geojit Research Report

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

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HDFC Securities Vs Geojit Suitable For Investor Type

  HDFC Securities Geojit
Casual Investor Yes
Active Investor Yes
Trader

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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.
  • Free research and ecommendations.
  • Free account opening.
  • Rs 20 per trade Intraday trading brokerage in GTrade Max plan.
  • 4 times exposure through MTF
  • Access to 472 branches for customer support.
  • Offices in UAE, Oman, Bahrain and Kuwait to help NRI investors.
  • Excellent online trading platforms.
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
  • High brokerage charges across all segment in comparision to other full-service brokers like Angel Broking, IIFL and Edelseiss.
  • High minimum brokerage charges of Rs 20 per lot or 1 paisa per share whichever is higher.
Reviews
Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

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