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Geojit Stock Trading, Demat, Brokerage and Reviews 2024


1.11% 238,218 Clients

Zerodha (Flat Rs 20 Per Trade)

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.

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 online trading portal.

Geojit BNP Paribas is a stock market listed company and its stock are traded at NSE (GEOJIT) and BSE (532285).

Over the years the name of the company got changed from Geojit Securities Ltd. to Geojit Financial Services Ltd. (GFSL) and finally to Geojit BNP Paribas Financial Services LTD in April 2009.

Trade In: BSE and NSE

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

Geojit Charges 2024

  • Trading Account Opening Charges (One Time): Rs 0 (Free)
  • Trading Annual maintenance charges (AMC): Rs 0 (Free)
  • Demat Account Opening Charges (One Time): Rs 100 (for Agreement Stamp Paper)
  • Demat Account Annual Maintenance Charges (AMC): Rs 400

Geojit Brokerage Charges

1. Online Traditional Plan

  • Equity Delivery: 0.30%
  • Equity Intraday: 0.03%
  • Equity Futures: 0.01%
  • Equity Options: Rs 50 per lot

2. GTrade Max Plan

  • Equity Delivery: 0.30%
  • Equity Intraday: Rs 20 per order or 0.03% which is lower
  • Equity Futures: Rs 40 per lot (*Slab Rate)
  • Equity Options: Rs 20 per lot (*Slab Rate)

G-Trade Max Brokerage Plan Slabs

*Slab Rate

Futures Brokerage

Options Brokerage

Up to 750 lots

Rs 40 Per Lot

Rs 20 Per Lot

751 to 2000 Lots

Rs 30 Per Lot

Rs 15 Per Lot

Above 2000 lots

Rs 20 Per Lot

Rs 10 Per Lot

Visit Geojit Brokerage Charges Review for more detail.

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 Trading Software (Geojit Trading Platforms)

Geojit BNP Paribas offers an Advanced Online Investment Platform called SELFIE (Self-Directed Trading & Investment Platform). The Geojit's trading platform offers Virtual dealer terminal (SEFIE Platinum), WEB and Mobile trading applications.

Geojit BNP Paribas offer stock trading services under two trading plans:

  1. SELFIE Gold

    SELFIE Gold is a trading website (browser based trading application). This trading application is offered absolutely FREE to all online customers and offers uniform experience across multiple devices. The key feature of SELFIE Gold includes integrated Security view with quotes, charts, news, recommendations, MBP, F&O Chains & Order windows all at one place, real time News aggregation and visualization engine and market intelligence & research calls.

  2. SELFIE Platinum

    SELFIE Platinum platform is a virtual dealer terminal (installable EXE program). It is designed for active traders. Key features of SELFIE Platinum includes flexibility to customize screen layout, fast trade execution and Tick by Tick updation of index chart.

 

Visit Geojit Trading Software Review for more detail.

Zerodha (Flat Rs 20 Per Trade)

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 Pros and Cons


Geojit Pros (Advantages)

The following are the advantages of Geojit. You must read Geojit advantages and disadvantages before opening an account with Geojit. Geojit pros and cons help you find if it suits your investment needs.

  • 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.

Geojit Cons (Disadvantages)

The following are the cons of Geojit. Check the list of Geojit drawbacks.

  • 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.

Geojit Margin Exposure

Geojit margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. Geojit F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for Geojit F&O carry forward positions and equity delivery trades.

SegmentMarginLeverage
Equity Delivery100% of trade value for T+5 days1x
Equity IntradayUp to 20% of trade value5x
F&O (Equity, Currency and Commodities)100% of NRML margin (Span + Exposure + Delivery margin)1x

Geojit Ratings

Overall Rating Rated 3.6 stars 3.6/5
Fees Rated 3.5 stars 3.5/5
Brokerage Rated 3.2 stars 3.2/5
Usability Rated 3.9 stars 3.9/5
Customer Service Rated 3.7 stars 3.7/5
Research Capabilities Rated 2.9 stars 2.9/5

Based on 109 Votes by Geojit Customers

Do you trade with Geojit? Rate Geojit


Geojit Complaint

The number of Geojit customer complaint received by the exchanges. The Geojit consumer complaint report helps understanding the Geojit BNP Paribas quality and relibility of service.

Exchange Financial Year Number of Clients* Complaints** %
NSE 2023-24 238,218 30 0.01%
BSE 2023-24 64,676 4 0.01%
NSE 2022-23 235,600 15 0.01%
BSE 2022-23 53,577 1 0%
NSE 2021-22 234,546 41 0.02%
BSE 2021-22 50,707 4 0.01%
NSE 2020-21 201,206 67 0.03%
BSE 2020-21 42,303 2 0%
NSE 2019-20 163,742 38 0.02%
BSE 2019-20 42,127 6 0.01%

* The number of active customers reported by the broker.

** The total number of complaints received against the broker at the given exchange.

Visit Geojit Complaints at BSE, NSE and MCX for detail report.


Frequently Asked Questions

  1. 1. How to close Geojit account?

    Geojit account can be closed offline by following the given steps:

    1. Procure the account closure form from the nearest branch or the customer care team via mail (customercare@geojit.com) or call (1800-425-5501/1800-103-5501).
    2. Fill and sign it. In the case of a joint account, all account holders need to sign the form.
    3. Attach supporting KYC documents like ID proof and address proof.
    4. Courier/Submit the form to the nearest branch or the head office.

    Before initiating the account closure, ensure that:

    • There are no securities in your account
    • There is no negative balance in your account.

     

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.


250 Comments

250. Jasbir   I Like It. |Report Abuse|  Link|January 18, 2024 4:36:13 PMReply
Very good company

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Below Average
Website Usability - Average
Research Capabilities - Average
Customer Service - Above Average
Overall Experience - Above Average
249. sanjaikumar vb   I Like It. |Report Abuse|  Link|October 17, 2023 7:31:12 PMReply
VERYHIGH BROKERAGE. CUSTOMER EXECUTIVE GIVES A LOW RATE AND A LOT OF PROMISES AND THEY NEVER FULFILLS THAT

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
248. Raju   I Like It. |Report Abuse|  Link|September 30, 2023 10:32:28 PMReply
To open an account through physical mode with one of their branches, in addition to their charges, they are now asking for a deposit of Rs. 10,000. Their service charges are very high. Also, their web service is poor, with many technical errors.
247. Sarada   I Like It. |Report Abuse|  Link|August 9, 2023 8:29:11 AMReply
Geojit is giving a hopeless service in Bangalore - HAL. From the manager to the agent, all are in the same category. They don't treat customers as humans at all. It’s very bad service. they are adding hidden charges to our account.
they are not giving proper answer to the additional charges what they are taking. I invest with benarmstrong-trades and make good money and I don’t have these problems, though their investment features are different I still make 15k weekly with beginners methods.
I have a horrible experience with Geojit. Their intentions are nothing but to make money out of the customer by investing in downtrend stocks. Their manager and staff are useless. If they know you know nothing then they will in the guise of helping you give you all wrong advice and when you realise this they will not be there to help you at all. They will only say invest for long term. Pucca useless people.STAY AWAY FOR THE SAKE OF YOUR MONEY AMD YOUR MENTAL HEALTH
246. lachu   I Like It. |Report Abuse|  Link|January 25, 2023 4:42:48 PMReply
hopless broker. they will ask to go from pillar to post. don't ever open account with them.
245. Raghav   I Like It. |Report Abuse|  Link|July 19, 2022 7:04:50 PMReply
Geojit is giving a hopeless service in Bangalore - HAL. From the manager to the agent, all are in the same category. They don't treat customers as humans at all.

They don't have little patience while talking to the customer, especially a few FEMALE by the Name LAKSHMI and SHARMISTA with her manager SARITHA, they treat us as if we are their servants and we should just listen to their orders and follow them, suppose if we are in lose

and our amount is on toss also we should not ask any questions and we should not expect any answer from them.

If we don't do that, then they show their original color. That time they become very rude and they use all sorts of rash words and they suddenly shout at us and talk in different tones.

Overall, they respect only those who invest money in Lakhs together, one who is investing in thousands, those people are not at all considered, they don't care at all and handle them very roughly.

According to me, GEOJIT is really very hopeless and D-Grade people and in their service. They don't respect customers at all? Usually, they don't think, of us only they are running their business, But instead, they are only worried about their Money and their comforts, mean to say what amount comes to their account.

Just because of them, Let the customer suffers or dies. They don't care at all. This is the ultimate Goal they have in their mind.

Don't ever go to Geojit this is no one uneducated trading platform - If you go forget all your savings, capital, and everything.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Very Poor
Overall Experience - Very Very Poor
244. Aboobacker moidu   I Like It. |Report Abuse|  Link|June 14, 2022 9:45:22 PMReply
High commission rates. Must reduce like others

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Above Average
Research Capabilities - Average
Customer Service - Average
Overall Experience - Average
243. Prasanth   I Like It. |Report Abuse|  Link|June 14, 2022 12:22:03 PMReply
Dnt go to giojit, if u follow there suggetion u will loose all your money.. They will suggest a stock which is on a downtrend..
242. Manjunath   I Like It. |Report Abuse|  Link|April 30, 2022 8:16:42 AMReply
Don't go to geojit this is no one uneducated treading platform if you go forget all your savings,capital and everything.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
241. Manjunath   I Like It. |Report Abuse|  Link|April 28, 2022 7:58:00 PMReply
Worst research (From last 6 months totally my loss 3.8lakhs).
My experience and suggestion please don't go to geojit tradeing account and already you are account don't following geojit calls.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Average
Overall Experience - Very Poor
240. Prasanth   I Like It. |Report Abuse|  Link|April 28, 2022 7:50:19 AMReply
If u follow their buying recomendation u will end up in empty Hands soon 😂😂.. Not worth paying such huge brokerage
239. Uday   I Like It. |Report Abuse|  Link|March 14, 2022 2:46:41 PMReply
Their customer service is sub par

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
238. True IPO Lover   I Like It. |Report Abuse|  Link|February 5, 2022 9:18:29 PMReply
.

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Very Poor
Website Usability - Above Average
Research Capabilities - Above Average
Customer Service - Above Average
Overall Experience - Average
237. Mahendra   I Like It. |Report Abuse|  Link|February 3, 2022 3:37:27 PMReply
once it was lowest charge broker now highest .
Not changing with time .

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Average
Research Capabilities - Above Average
Customer Service - Average
Overall Experience - Very Poor
236. Georgy Jacob   I Like It. |Report Abuse|  Link|December 15, 2021 11:41:57 PMReply
Customer support very good, both online and at the branch. But their web online trading platform seems quite confusing at times.

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Average
Research Capabilities - Average
Customer Service - Excellent
Overall Experience - Above Average
235. jayapradha b   I Like It. |Report Abuse|  Link|December 8, 2021 9:21:50 PMReply
While updating the KYC your Hello geojith app showing "THE PAN IS IN PENDING STATUS"

several times we tried we where not able to update the KYC, So solve the issue immediately.
234. Praveen   I Like It. |Report Abuse|  Link|July 16, 2021 1:08:40 PMReply
Good experience my life turn point thanks Geojit company &Team.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
233. Sudhir   I Like It. |Report Abuse|  Link|May 7, 2021 11:46:09 AMReply
Geojit has one of the WORST CUSTOMER CARE SERVICE, had very bad experience.
232. Sudhir   I Like It. |Report Abuse|  Link|May 7, 2021 11:44:08 AMReply
Geojit has the WORST CUSTOMER SERVICE i have ever come across

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Below Average
Website Usability - Very Poor
Research Capabilities - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
231. Babu Prasad   I Like It. |Report Abuse|  Link|March 16, 2021 5:26:20 PMReply
Its really good!

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Above Average
Overall Experience - Excellent

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