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IDBI Capital Vs Geojit (Compare IDBI Capital and Geojit)

IDBI Capital Markets and Securities Ltd Logo

About IDBI Capital
Incorporated in December 1993, IDBI Capital Markets and Securities Ltd. (IDBI Capital), is a wholly owned subsidiary of IDBI Bank Ltd. IDBI Capital offers online trading in Equities, F&O, Mutual Funds, and IPOs etc. It also distributes Third Party Products, like Fixed Income Products, Mutual Funds etc., The company is amongst the top 10 MF distributors in India. IDBI Capital offers its online trading services through www.idbidirect.in (previously called IDBI paisa builder). IDBI Capital offers... Know more about IDBI Capital Markets and 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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IDBI Capital Vs Geojit

Incorporated in 1993, IDBI Capital is a Full Service Broker. It offers trading at BSE, NSE, NSDL. It has 14 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.

  IDBI Capital Geojit
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, NSDL BSE, NSE, MCX-SX
Year of Incorporation 1993 1987
Number of Branches 14 509

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IDBI Capital Vs Geojit Charges & AMC

IDBI Capital trading account opening charges is Rs 500 while Geojit account opening changes is Rs 0 (Free). IDBI Capital Demat Account AMC Charges is Rs 450 and Geojit Demat Account AMC Charges is Rs 400 per year.

  IDBI Capital Geojit
Trading Account Opening Charges Rs 500 Rs 0 (Free)
Trading Account AMC Charges NIL Rs 0 (Free)
Demat Account Opening Charges NIL Rs 0 (Free)
Demat Account AMC Charges Rs 450 Rs 400 per year

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IDBI Capital Vs Geojit Brokerage

IDBI Capital 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%.

Account Type IDBI Capital Card Rate Plan Geojit Online Traditional Plan
Fixed Charges
Equity Delivery 0.50% 0.30%
Equity Intraday 0.05% 0.03%
Equity Futures 0.05% 0.01%
Equity Options Rs 100 per lot Rs 50 per lot
Currency Futures NA 0.01%
Currency Options NA Rs 50 per lot
Commodity Futures NA NA
Commodity Options NA NA
Special Offer

Zerodha (Flat Rs 20 Per Trade)

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 (Flat Rs 20 Per Trade)

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.

IDBI Capital Vs Geojit Brokerage Plan 2

  IDBI Capital Geojit
Account Type Ace Trader Plan GTrade Max
Fixed Charges
Equity Delivery 0.10% to 0.50% 0.30%
Equity Intraday 0.020% to 0.050% Rs 20 per trade or 0.03% which is lower
Equity Futures 0.020% to 0.048% Rs 40 per lot
Equity Options Rs 100 per lot Rs 20 per lot
Currency Futures Rs 40 per lot
Currency Options Rs 20 per lot
Commodity Futures NA
Commodity Options NA

IDBI Capital Charges Vs Geojit

Minimum Brokerage Rs 25 per trade or 2.5% of the trade value whichever is lower. 1p per share or Rs 20/contract whichever is higher
Other Charges Intraday Auto Square off at Rs 20 per lot
Call & Trade Charges Nil

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IDBI Capital Vs Geojit Transaction Charges

IDBI Capital transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while Geojit exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).

  IDBI Capital Geojit
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity NA NA

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IDBI Capital Vs Geojit Leverage (Margin)

IDBI Capital 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.

  IDBI Capital 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 IDBI Capital and Geojit Features

The trading platforms offered IDBI Capital include Power Pro, Power Streaming, IDBI Direct. Geojit offers Selfie Platinum, Selfie Gold, Mobile App trading software.

  IDBI Capital 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) Yes
Trading Platform Power Pro, Power Streaming, IDBI Direct Selfie Platinum, Selfie Gold, Mobile App
Intraday Square-off Time 3:00 PM
Trading In SME Shares Allowed?
Referral Program
Other Features Morning Report, Equity SIP, Investment Guide

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IDBI Capital Vs Geojit Review

IDBI Capital is rated 2.6 of 5 based on 41 customer reviews whereas Geojit is rated 3.6 of 5 based on 110 customer reviews.

  IDBI Capital Geojit
  41 Customer Reviews    Rate IDBI Capital 110 Customer Reviews    Rate Geojit
Fees 3.2 3.5
Brokerage 2.5 3.2
Trading Platform 2.6 3.9
Customer Service 2.8 3.7
Research Capabilities 2.5 2.9
Overall Ratings Rated 2.6 stars Rated 3.6 stars
Broker Rating IDBI Capital is rated 2.6 of 5 based on 41 customer reviews Geojit is rated 3.6 of 5 based on 110 customer reviews

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Contact Broker / Request A Call Back

  IDBI Capital 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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IDBI Capital Vs Geojit Investment Options

  IDBI Capital Geojit
Stock / Equity Yes Yes
Commodity No No
Currency No Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Insurance

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IDBI Capital Vs Geojit Order Type Offered

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

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IDBI Capital Vs Geojit Research Report

  IDBI Capital Geojit
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes

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IDBI Capital Vs Geojit Suitable For Investor Type

  IDBI Capital Geojit
Casual Investor Yes
Active Investor Yes
Trader

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IDBI Capital Vs Geojit - Pros and Cons

  IDBI Capital Geojit
Pros - Prepaid plans are available for volume traders.
  • 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 - Additional charge of Rs 2000 per year for installable trading platform.
  • 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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