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Geojit Vs Groww (Compare Geojit and Groww)

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...

Geojit Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

About Groww
Groww is a Bangalore based broker offering online flat fee discount brokerage services to invest in Equity, IPO, and Direct Mutual Funds. Groww is the brand name for Nextbillion Technology Private Limited who is a SEBI registered stockbroker and a member of NSE and BSE. Established in 2016, Groww initially started as a direct mutual fund investment platform. In the mid-2020s, Groww expanded its product offering to include Equity trading. The company also offers Digital gold, US Stocks, and Fixe...

Groww Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

Geojit Vs Groww

Incorporated in 1987, Geojit is a Full Service Broker. It offers trading at BSE, NSE, MCX-SX. It has 509 branches across India. Incorporated in 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.

	Geojit	Groww
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX-SX	NSE and BSE
Year of Incorporation	1987	2016
Number of Branches	509	0

Geojit Vs Groww Charges & AMC

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

	Geojit	Groww
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0 (Free)	Rs 0
Demat Account Opening Charges	Rs 0 (Free)	Rs 0
Demat Account AMC Charges	Rs 400 per year	Rs 0

Geojit Vs Groww Brokerage

Geojit brokerage charges for equity is 0.30% and intraday is 0.03% whereas Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower.

Account Type	Geojit Online Traditional Plan	Groww Standard Plan
Fixed Charges		NA
Equity Delivery	0.30%	Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday	0.03%	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	0.01%	Rs 20 per executed order
Equity Options	Rs 50 per lot	Rs 20 per executed order
Currency Futures	0.01%	NA
Currency Options	Rs 50 per lot	NA
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.

Geojit Vs Groww Brokerage Plan 2

	Geojit	Groww
Account Type	GTrade Max	Standard Plan
Fixed Charges		NA
Equity Delivery	0.30%	Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday	Rs 20 per trade or 0.03% which is lower	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	Rs 40 per lot	Rs 20 per executed order
Equity Options	Rs 20 per lot	Rs 20 per executed order
Currency Futures	Rs 40 per lot	NA
Currency Options	Rs 20 per lot	NA
Commodity Futures	NA	NA
Commodity Options	NA	NA

Geojit Charges Vs Groww

Minimum Brokerage	1p per share or Rs 20/contract whichever is higher	Rs 20 or 0.05% per executed order
Other Charges	Intraday Auto Square off at Rs 20 per lot	Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50
Call & Trade Charges		NA

Geojit Vs Groww Transaction Charges

Geojit transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while Groww exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium).

	Geojit	Groww
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 3750 per Cr (0.0375%) (on premium)
Currency Futures	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)	(on premium)
Commodity	NA	NA

Geojit Vs Groww Leverage (Margin)

Geojit margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Groww margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	Geojit	Groww
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)

Compare Geojit and Groww Features

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

	Geojit	Groww
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	Selfie Platinum, Selfie Gold, Mobile App	Groww
Intraday Square-off Time		3:10 PM
Trading In SME Shares Allowed?
Referral Program
Other Features

Geojit Vs Groww Review

Geojit is rated 3.6 of 5 based on 110 customer reviews whereas Groww is rated 3.9 of 5 based on 93 customer reviews.

	Geojit	Groww
	110 Customer Reviews	93 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Geojit is rated 3.6 of 5 based on 110 customer reviews	Groww is rated 3.9 of 5 based on 93 customer reviews

Contact Broker / Request A Call Back

	Geojit Enquire	Groww 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.

Geojit Vs Groww Investment Options

	Geojit	Groww
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance	Digital Gold, US Stocks, Fixed Deposits

Geojit Vs Groww Order Type Offered

	Geojit	Groww
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

Geojit Vs Groww Research Report

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

Geojit Vs Groww Suitable For Investor Type

	Geojit	Groww
Casual Investor
Active Investor
Trader

Geojit Vs Groww - Pros and Cons

	Geojit	Groww
Pros	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.	Simple pricing model with low-cost trading charges. Free Mutual Fund investments with no hidden charges. Zero Account opening fee. Zero Maintenance Charges. Direct MF platform that helps you earn an extra 1.5% returns. E-books, Resources, and Blogs that provide the basics and updates on the stock market to help investors make an informed decision. Instant paperless account opening. Online IPO application. Inhouse Brokerage Calculator Option to invest online in digital gold and US Stocks. Other products (Derivatives, FD) in the pipeline.
Cons	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.	Limited investment products with no option to currently trade in derivatives (futures & options), commodity, and currency segment. Doesn't offer trading in SME shares. No Call and Trade services. Branch support not available. Do not provide stock tips, research reports, or recommendations. No Margin trading facility. No Margin against shares. Advanced order types like BO, CO, AMO, and GTT not available. Trailling stop loss orders are not available in Groww app. Do not offer NRI Trading.
Reviews		Groww is a Bangalore based broker offering online services to invest in Equity, IPO, and Direct Mutual Funds. Groww is registered with SEBI as a stock broker in the name of NextBillion Technology Limited. Groww is also a member of the NSE, BSE, and CDSL depository. Groww is an online discount broker with a simple pricing model based on a flat fee. The company charges a lower of Rs 20 or 0.05% per executed trade and offers Free Mutual Fund services with no charges in investing or redemption of mutual funds. The account opening with Groww is also free with no maintenance charges. It does not offer any tips, recommendations, and research services. Groww offers its trading platform called Groww on web and mobile app to enjoy a seamless trading experience for its investors.
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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