Chittorgarh.com Logo
Loading...

Sharekhan Vs Geojit (Compare Sharekhan and Geojit)

Sharekhan Logo

Sharekhan
Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & franchises in over 550 cities across India. Sharekhan has seen incredible growth over last 10+ years though it's very successful online trading platform and the chain of franchises located in almost every part of India. Sharekhan also has internationa... Know more about Sharekhan

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

Expand

Sharekhan Vs Geojit

Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 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.

  Sharekhan Geojit
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX-SX
Year of Incorporation 2000 1987
Number of Branches 2800 509
Open Sharekhan Account

Expand

Sharekhan Vs Geojit Charges & AMC

Sharekhan trading account opening charges is Rs 0 (Free) while Geojit account opening changes is Rs 0 (Free). Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and Geojit Demat Account AMC Charges is Rs 400 per year.

  Sharekhan Geojit
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 0 (Free)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 400 (Free for 1st year) Rs 400 per year

Expand

Sharekhan Vs Geojit Brokerage

Sharekhan brokerage charges for equity is 0.50% and intraday is 0.10% whereas Geojit brokerage charges for equity is 0.30% and intraday is 0.03%.

Account Type Sharekhan Classic Account Geojit Online Traditional Plan
Fixed Charges
Equity Delivery 0.50% 0.30%
Equity Intraday 0.10% 0.03%
Equity Futures 0.10% 0.01%
Equity Options Rs 50 per lot Rs 50 per lot
Currency Futures 0.10% 0.01%
Currency Options Rs 30 per lot Rs 50 per lot
Commodity Futures 0.03% NA
Commodity Options 0.03% NA
Special Offer
Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.

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.

Sharekhan Vs Geojit Brokerage Plan 2

  Sharekhan Geojit
Account Type Prepaid - ₹1 Lakh GTrade Max
Fixed Charges Rs 1,00,000 per year
Equity Delivery 0.10% 0.30%
Equity Intraday 0.015% Rs 20 per trade or 0.03% which is lower
Equity Futures 0.015% Rs 40 per lot
Equity Options 0.05% or Rs 63 per lot Rs 20 per lot
Currency Futures Rs 40 per lot
Currency Options Rs 20 per lot
Commodity Futures NA
Commodity Options NA
Open Sharekhan Account

Sharekhan Vs Geojit Brokerage Plan 3

  Sharekhan Geojit
Account Type Margin - ₹1 Lakh Online Traditional Plan
Fixed Charges Rs 1,00,000 margin
Equity Delivery 0.25% 0.30%
Equity Intraday 0.05% 0.03%
Equity Futures 0.05% 0.01%
Equity Options 1% or Rs 70 per lot Rs 50 per lot
Currency Futures 0.01%
Currency Options Rs 50 per lot
Commodity Futures NA
Commodity Options NA
Open Sharekhan Account

Sharekhan Charges Vs Geojit

Minimum Brokerage Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share 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 20

Expand

Sharekhan Vs Geojit Transaction Charges

Sharekhan transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) while Geojit exchange transaction charges for options is Rs 5500 per Cr (0.05%).

  Sharekhan Geojit
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) Rs 325 per Cr (0.00325%)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) Rs 325 per Cr (0.00325%)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 50 per Cr (0.00035) (each side) Rs 210 per Cr (0.0021%)
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) Rs 5500 per Cr (0.05%)
Currency Futures NSE Rs 135 per Cr (0.00135%) | MCX Rs 130 per Cr (0.00130%) Rs 145 per Cr (0.00145%)
Currency Options NSE Rs 4220 per Cr (0.04220%) | MCX Rs 3220 per Cr (0.03220%) (on premium) Rs 4730 per Cr (0.0473%) on premium
Commodity MCX (Non-Agri) Rs 230 per Cr (0.0023%) | MCX (Agri) Rs 95 per Cr (0.00095%) NA
Open Sharekhan Account

Expand

Sharekhan Vs Geojit Leverage (Margin)

Sharekhan 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.

  Sharekhan 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)
Open Sharekhan Account

Expand

Compare Sharekhan and Geojit Features

The trading platforms offered Sharekhan include TradeTiger, Sharekhan Mobile. Geojit offers Selfie Platinum, Selfie Gold, Mobile App trading software.

  Sharekhan Geojit
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform TradeTiger, Sharekhan Mobile Selfie Platinum, Selfie Gold, Mobile App
Intraday Square-off Time 3:30 PM
Trading In SME Shares Allowed?
Referral Program
Other Features Pattern finder, Class room training
Open Sharekhan Account

Expand

Sharekhan Vs Geojit Review

Sharekhan is rated 3.3 of 5 based on 310 customer reviews whereas Geojit is rated 3.6 of 5 based on 108 customer reviews.

  Sharekhan Geojit
  310 Customer Reviews    Rate Sharekhan 108 Customer Reviews    Rate Geojit
Fees 3.0 3.5
Brokerage 2.8 3.2
Trading Platform 3.7 4.0
Customer Service 3.3 3.7
Research Capabilities 3.1 2.9
Overall Ratings Rated 3.3 stars Rated 3.6 stars
Broker Rating Sharekhan is rated 3.3 of 5 based on 310 customer reviews Geojit is rated 3.6 of 5 based on 108 customer reviews

Expand

Contact Broker / Request A Call Back

  Sharekhan Enquire Geojit Enquire
Contact Broker Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback. 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.

Expand

Sharekhan Vs Geojit Investment Options

  Sharekhan 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 Loans, NRI Trading Insurance

Expand

Sharekhan Vs Geojit Order Type Offered

  Sharekhan 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) Yes Yes
Good Till Cancelled (GTC) Yes Yes
Open Sharekhan Account

Expand

Sharekhan Vs Geojit Research Report

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

Expand

Sharekhan Vs Geojit Suitable For Investor Type

  Sharekhan Geojit
Casual Investor Yes
Active Investor Yes Yes
Trader

Expand

Sharekhan Vs Geojit - Pros and Cons

  Sharekhan Geojit
Pros
  • It has a strong network of over 1950 branches across India.
  • The fund transfer from and to the trading account is free.
  • The share transfer from and to the DP account is free when trading from Sharekhan trading account.
  • The 'TradeTiger' is the most popular trading terminal in India.
  • Brokerage Plan "Prepaid AMC schemes" are available for high volume traders.
  • Stock SIP is available.
  • Loan against shares, margin funding, ipo financing and ESOP funding is available.
  • 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
  • Sharekhan doesn't offer 3-in-1 account as it doesn't offer banking services.
  • Sharekhan brokerage is high in comparison to the discount brokers.
  • Sharekhan charges Rs 400 as AMC for trading account in addition to Rs 400 for demat account.
  • 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

Sharekhan Special Offer

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • FREE Research courage across all segments.
  • 1 Year FREE access to TradeTiger Trading Terminal.

This is a limited-time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.

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
Open Sharekhan Account

1 Comments

1. Sanjeev   I Like It. |Report Abuse|  Link|Aug 9, 2022 1:46:43 PMReply
Please don't put wrong message if you don't know. Kindly update yourself before writing anything in this forum as lots of people are reading and believing this forum. For your kind information Sharekhan and Espresso both are giving intraday leverage of 2 times to buy index options with stoploss. This facility nobody is giving except Astha Traders
If you give these kind of information it will definitely help everyone. But your motive is to promote Zerodha and take commission from them.
1.1. Team Chittorgarh.com   I Like It. |Report Abuse|  Link|Aug 10, 2022 9:31:16 AM
Dear Mr Sanjeev,
The information in our review is correct. Both Sharekhan and Espresso provides intra-day leverage upto 5x. The intraday leverage provided by brokers is all same as it is prescribed by the exchanges.

Compare More Brokers: