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Sharekhan Vs Geojit (Compare Sharekhan and Geojit)

Sharekhan Logo

About Sharekhan
Designed for the Serious and established in 2000, Sharekhan is a full-service stock broking firm that is also considered as one of the pioneers in retail online broking and digital investments in India. It offers online trading and investing services for brokerage through its online trading platforms: Website (www.sharekhan.com), TradeTiger (desktop trading software), the Sharekhan app and the InvesTiger app (both available for Android and iOS devices). Designed for serious Investors and Trader... 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

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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

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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

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Sharekhan Vs Geojit Brokerage

Sharekhan brokerage charges for equity is 0.30% on market rate or minimum 1 paisa per share and intraday is 0.02% on market rate or minimum 1 paisa per share 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 0.30% on market rate or minimum 1 paisa per share 0.30%
Equity Intraday 0.02% on market rate or minimum 1 paisa per share 0.03%
Equity Futures 0.02% per transaction value 0.01%
Equity Options Rs 20 per lot Rs 50 per lot
Currency Futures 0.02% per transaction value 0.01%
Currency Options Rs 5 per lot Rs 50 per lot
Commodity Futures 0.02% NA
Commodity Options Rs 20 per lot 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.

Sharekhan Vs Geojit Brokerage Plan 2

  Sharekhan Geojit
Account Type Prepaid - Rs 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

Sharekhan Vs Geojit Brokerage Plan 3

  Sharekhan Geojit
Account Type Margin - Rs 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

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

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Sharekhan Vs Geojit Transaction Charges

Sharekhan transaction charges for options is NSE Rs 5050 per Cr (0.0505%) (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).

  Sharekhan 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 335 per Cr (0.00335%) | 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 200 per Cr (0.002%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5050 per Cr (0.0505%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 95 per Cr (0.00095%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Futures: 0.0026% (MCX) | Black Pepper: Rs. 0.05 Castor Seed: Rs 0.5 Kapas: Rs 0.5, Options: 0.05% NA

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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)

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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) Yes
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

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Sharekhan Vs Geojit Review

Sharekhan is rated 3.3 of 5 based on 312 customer reviews whereas Geojit is rated 3.6 of 5 based on 110 customer reviews.

  Sharekhan Geojit
  312 Customer Reviews    Rate Sharekhan 110 Customer Reviews    Rate Geojit
Fees 3.0 3.5
Brokerage 2.8 3.2
Trading Platform 3.7 3.9
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 312 customer reviews Geojit is rated 3.6 of 5 based on 110 customer reviews

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Contact Broker / Request A Call Back

  Sharekhan 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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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

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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

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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

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Sharekhan Vs Geojit Suitable For Investor Type

  Sharekhan Geojit
Casual Investor Yes
Active Investor Yes Yes
Trader

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Sharekhan Vs Geojit - Pros and Cons

  Sharekhan Geojit
Pros
  1. Sharekhan offers different trading platforms to suit customer requirements. This includes online browser-based trading, an Installable terminal, mobile, call-n-trade and in-person trade through branch offices.
  2. It offers different brokerage slabs to suit individual customers. Higher your trade your brokerage gets reduced. They have multiple brokerage schemas available to them.
  3. Sharekhan offers online and classroom training, seminars and workshops to investors.
  4. Sharekhan doesn't charge for Online Funds Transfer from a bank account and Funds Pay-out to a bank account.
  5. Sharekhan doesn't charge for DP transactions. Share transfer from and to the DP account is free.
  6. Sharekhan has an India-wide network of branches. You can surely find a Sharekhan in your neighbourhood.
  7. Call & Trade facility is free with Sharekhan.
  8. Sharekhan allows fixed deposits as collateral for future and option trading.
  • 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
  1. Sharekhan doesn't offer 3-in-1 accounts as they don't provide banking services.
  2. Classic account holders cannot trade Commodities, as the segment has to be activated separately.
  3. As a full-service broker that provides Customer Support and assistance via RMs, their charges are basis a percentage of the Securities being traded and not a flat fee.
  • 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.

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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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