Sharekhan Vs Geojit (Compare Sharekhan and Geojit)

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 425. Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and Geojit Demat Account AMC Charges is Rs 700.

	Sharekhan	Geojit
Trading Account Opening Charges	Rs 0 (Free)	Rs 425
Trading Account AMC Charges	Rs 0 (Free)	NIL
Demat Account Opening Charges	Rs 0 (Free)	NIL
Demat Account AMC Charges	Rs 400 (Free for 1st year)	Rs 700

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%.

	Sharekhan	Geojit
Account Type	Classic Account	Online Trading
Fixed Charges
Equity Delivery	0.50%	0.30%
Equity Intraday	0.10%	0.03%
Equity Futures	0.10%	0.03%
Equity Options	Rs 50 per lot	Rs 125 per contract
Currency Futures	0.10%	0.03%
Currency Options	Rs 30 per lot	Rs 125 per contract
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.

Sharekhan Vs Geojit Brokerage Plan 2

	Sharekhan	Geojit
Account Type	Prepaid - ₹1 Lakh	Online Trading
Fixed Charges	Rs 1,00,000 per year
Equity Delivery	0.10%	0.30%
Equity Intraday	0.015%	0.03%
Equity Futures	0.015%	0.03%
Equity Options	0.05% or Rs 63 per lot	Rs 125 per contract
Currency Futures		0.03%
Currency Options		Rs 125 per contract
Commodity Futures		NA
Commodity Options		NA
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Sharekhan Vs Geojit Brokerage Plan 3

	Sharekhan	Geojit
Account Type	Margin - ₹1 Lakh	Online Trading
Fixed Charges	Rs 1,00,000 margin
Equity Delivery	0.25%	0.30%
Equity Intraday	0.05%	0.03%
Equity Futures	0.05%	0.03%
Equity Options	1% or Rs 70 per lot	Rs 125 per contract
Currency Futures		0.03%
Currency Options		Rs 125 per contract
Commodity Futures		NA
Commodity Options		NA
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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
Call & Trade Charges	Rs 20

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
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Sharekhan Vs Geojit Leverage (Margin)

Sharekhan margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Geojit margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	Sharekhan	Geojit
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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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
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
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
Other Features	Pattern finder, Class room training
Referral Program
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Sharekhan Vs Geojit Review

Sharekhan is rated 3.3 of 5 based on 301 customer reviews whereas Geojit is rated 3.7 of 5 based on 102 customer reviews.

	Sharekhan	Geojit
	301 Customer Reviews	102 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Sharekhan is rated 3.3 of 5 based on 301 customer reviews	Geojit is rated 3.7 of 5 based on 102 customer reviews

Sharekhan Vs Geojit Investment Options

	Sharekhan	Geojit
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Loans, NRI Trading	Insurance

Sharekhan Vs Geojit Order Type Offered

	Sharekhan	Geojit
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Sharekhan Vs Geojit Research Report

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

Sharekhan Vs Geojit Suitable For Investor Type

	Sharekhan	Geojit
Casual Investor
Active Investor
Trader

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.
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.	1. Very high Options trading brokerage charges. Geojit charges Rs 125 per contract for Intraday Options and Rs 150 per contract for Options carry forward positions. 2. Geojit charges minimum brokerage of Rs 20 per Contract or 1 paisa per share whichever is higher. 3. Paper contract note by post cost additional Rs 20 per Contract or 5 paisa per share whichever is higher.
Reviews
Promo / Offers	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.
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