Indiabulls Vs Geojit (Compare Indiabulls and Geojit)
The side-by-side comparison of Indiabulls and Geojit. Compare Indiabulls Vs Geojit brokerage, charges, exposure margin, demat account. Read Geojit and Indiabulls review.
Find out Indiabulls Vs Geojit which is better and Indiabulls Vs Geojit which is best.
Our Indiabulls Ventures Limited comparison with Geojit BNP Paribas highlights the major differences between two brokers. Find the best between Indiabulls and Geojit.
Indiabulls Vs Geojit
Indiabulls
Geojit
Find more info about broker
About the Broker
Indiabulls Shubh is a discount stock broker offering ultra-low brokerage plans. Indiabulls is among the best stock broker in India with offering including unlimited trading plans, free trading platforms, free call & trade, free research and zero ...
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...
Type of Broker
Discount Broker
Full Service Broker
Supported Exchnage
BSE, NSE and MCX
BSE, NSE, MCX-SX
Account Type
Equity Unlimited Trade
Online Trading
Broker Enquiry
Year of Incorporation
2000
1987
Number of Branches
18
509
Enquire Indiabulls
Enquire Geojit
Indiabulls Vs Geojit Charges
Indiabulls
Geojit
Trading Account Opening Fees
₹500
₹425
Trading Account AMC
₹0
NIL
Demat Account Opening Fees
₹0
NIL
Demat Account AMC
₹450
₹0
Demat Account is Mandatory?
No
No
Indiabulls Vs Geojit Brokerage
Brokerage Plan 1
Indiabulls
Geojit
Account Type
Equity Unlimited Trade
Online Trading
Fixed Charges
₹1000
Equity Delivery Brokerage
₹0 (Free)
0.30%
Equity Intraday Brokerage
₹0 (Free)
0.03%
Equity Futures Brokerage
₹15 per trade
0.03%
Equity Options Brokerage
₹15 per trade
₹125 per contract
Currency Futures Trading Brokerage
₹15 per trade
0.03%
Currency Options Trading Brokerage
₹15 per trade
₹125 per contract
Commodity Futures Trading Brokerage
0.03%
NA
Commodity Options Trading Brokerage
0.03%
NA
Special Offer
Special Offer: FREE Unlimited Trading for 1st Month (₹1000 waived) Get the offer
Brokerage Plan 2
Indiabulls
Geojit
Account Type
F&O Unlimited Trade
Online Trading
Fixed Charges
₹1000
Equity Delivery Brokerage
₹15 per trade
0.30%
Equity Intraday Brokerage
₹15 per trade
0.03%
Equity Futures Brokerage
₹0 (Free)
0.03%
Equity Options Brokerage
₹0 (Free)
₹125 per contract
Currency Futures Trading Brokerage
₹0 (Free)
0.03%
Currency Options Trading Brokerage
₹0 (Free)
₹125 per contract
Commodity Futures Trading Brokerage
0.03%
NA
Commodity Options Trading Brokerage
0.03%
NA
Brokerage Plan 3
Indiabulls
Geojit
Account Type
Base Plan
Online Trading
Fixed Charges
NA
Equity Delivery Brokerage
₹0 (Free)
0.30%
Equity Intraday Brokerage
₹15 per executed order
0.03%
Equity Futures Brokerage
₹15 per executed order
0.03%
Equity Options Brokerage
₹15 per executed order
₹125 per contract
Currency Futures Trading Brokerage
₹15 per executed order
0.03%
Currency Options Trading Brokerage
₹15 per executed order
₹125 per contract
Commodity Futures Trading Brokerage
0.03%
NA
Commodity Options Trading Brokerage
0.03%
NA
Other Charges
Minimum Brokerage Charges
₹0 (Unlimited Plan), ₹15 (Per Trade Plan)
1p per share or ₹20/contract whichever is higher
Other Brokerage Charges
Call & Trade Charges
₹0 (Free)
Indiabulls Vs Geojit Taxes
Indiabulls
Geojit
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.
Indiabulls Vs Geojit Transaction Charges
Indiabulls
Geojit
Equity Delivery
₹325 per crore (0.00325%)
₹325 per Cr (0.00325%)
Equity Intraday
₹325 per crore (0.00325%)
₹325 per Cr (0.00325%)
Equity Futures
₹250 per crore (0.0025%)
₹210 per Cr (0.0021%)
Equity Options
₹5500 per crore (on premium) (0.055%)
₹5500 per Cr (0.05%)
Currency Futures
₹250 per crore (0.0025%)
₹145 per Cr (0.00145%)
Currency Options
₹5500 per crore (on premium) (0.055%)
₹4730 per Cr (0.0473%) on premium
Commodity
NA
Indiabulls Vs Geojit Exposure Margin
Indiabulls
Geojit
Equity Delivery
1x (no margin)
Upto 7x with 22% interest per year
Equity Intraday
Up to 5x (based on the stock)
Upto 10x
Equity Futures
Intra-day: 4x | Carry forward: 1x (no margin)
No additional leverage
Equity Options
Intra-day: 4x | Carry forward: 1x
No additional leverage
Currency Futures
Intra-day: 2x | Carry forward: 1x
No additional leverage
Currency Options
Intra-day: 2x | Carry forward: 1x
No additional leverage
Commodity Futures
NA
NA
Commodity Options
NA
Indiabulls and Geojit Feature Comparison
Indiabulls
Geojit
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
SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB)
Selfie Platinum, Selfie Gold, Mobile App
Intraday Square-off Time
Other Features
Live News, World market summary
Referral Program
Indiabulls Vs Geojit Review
Indiabulls
Geojit
45 Customer Reviews
96 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
Indiabulls is Rated 3.2 / 5 based on 45 customer reviews Geojit is Rated 3.8 / 5 based on 96 customer reviews
Indiabulls Vs Geojit Investment Options
Indiabulls
Geojit
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Insurance
Indiabulls Vs Geojit Customer Service
Indiabulls
Geojit
24/7 Customer Service
Onine Live Chat
Through Branches
Indiabulls Vs Geojit Order Type Offered
Indiabulls
Geojit
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Indiabulls Vs Geojit Research Report
Indiabulls
Geojit
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Indiabulls Vs Geojit Suitable For Investor Type
Indiabulls
Geojit
Casual Investor
Active Investor
Trader
Indiabulls Vs Geojit - Advantages and Disadvantages
Indiabulls
Geojit
Pros
Brokerages free equity delivery trading. Truly no brokerage charges for cash & carry trades.
Interest-free Margin Funding in Unlimited Trading plan.
Margin funding is available at a low cost of 12% per annum in ₹15/trade plan.
Free trading software.
Free research reports and trading tips to all the customers.
Years of experience, trust and good track record in stock broker business.
More Advantages...
More Advantages...
Cons
Online IPO and Mutual Fund investment are not available in Indiabulls Shubh App.
Local branch support is not available to online customers.
Advance order types i.e. Bracket Order, Cover Order are not available in monthly unlimited trading plans.
Margin against share is not available in Unlimited Trading Plans.
More Disadvantages...
1. Very high Options trading brokerage charges. Geojit charges ₹125 per contract for Intraday Options and ₹150 per contract for Options carry forward positions.
2. Geojit charges minimum brokerage of ₹20 per Contract or 1 paisa per share whichever is higher.
3. Paper contract note by post cost additional ₹20 per Contract or 5 paisa per share whichever is higher. More Disadvantages...
Reviews
Promo / Offers
Limited Time Offer - FREE Unlimited Trading for 1st Month (₹1000 waived) Open Indiabulls Online Trading Account and get Free Unlimited Trading for 1st month. Trade Unlimited at ₹1000/month or Trade at flat ₹15 per executed order.
Get this limited time offer
Zerodha
Zero Account Opening Fee