Chittorgarh.com Logo
Loading...

Geojit Stock Trading, Demat, Brokerage and Reviews 2022


1.09% 237,100 Clients

Zerodha (Trade with the best stock 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.

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 2022

  • 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 (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.


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 (Trade with the best stock 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.

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 value1x
Equity IntradayUp to 20% of trade value5x
F&O (Equity, Currency and Commodities)100% of NRML margin (Span + Exposure)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 4.0 stars 4.0/5
Customer Service Rated 3.7 stars 3.7/5
Research Capabilities Rated 2.9 stars 2.9/5

Based on 108 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 2022-23 235,542 6 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%
NSE 2018-19 163,875 32 0.02%
BSE 2018-19 34,398 5 0.01%
NSE 2017-18 183,466 38 0.02%

* 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 (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.


245 Comments

245. Raghav   I Like It. |Report Abuse|  Link|Jul 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|Jun 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|Jun 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|Apr 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|Apr 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|Apr 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|Mar 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|Feb 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|Feb 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|Dec 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|Dec 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|Jul 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|Mar 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
230. Vinay   I Like It. |Report Abuse|  Link|Jan 27, 2021 10:49:21 AMReply
Hefty brokerage

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Below Average
Research Capabilities - Below Average
Customer Service - Very Poor
Overall Experience - Below Average
229. Joe   I Like It. |Report Abuse|  Link|Dec 1, 2020 11:54:21 AMReply
Too much hidden charges

Ratings:

Brokerage - Average
Account Maintenance Fees - Very Poor
Website Usability - Average
Research Capabilities - Above Average
Customer Service - Average
Overall Experience - Below Average
228. Akshay   I Like It. |Report Abuse|  Link|Jan 22, 2015 2:21:35 PMReply
Worst Customer care. I had trading account with GEOJIT Malleshwara Bengaluru branch. They cannot even handle 3 mutual funds of mine and i had to dash to their Branch around 10 - 12 times just to get my mutual funds redeemed. And even after cancellation, i get alerts for ECS.

Jerks.. My advice: please dont open account with Geojit.
228.1. Kalyan   I Like It. |Report Abuse|  Link|Sep 26, 2020 10:39:14 AM
Did u given cancellation form and do u have receipt of cancellation
Go ask branch Rm for nect level solution sir
Thanks
227. akshay chabare   I Like It. |Report Abuse|  Link|Aug 13, 2020 6:03:24 PMReply
too much brokrage compare to other

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
226. GURURAJ KULKARNI   I Like It. |Report Abuse|  Link|Apr 15, 2020 3:15:04 PMReply
Transparency, standard and reliable personnel. Has no hidden charges at all.Highly cooperative and caring. Have branches instead of brokers or franchisees.
But,a few virtues they have to adapt.1)Annual revised mentainance charge scooped to 750/-.this is high.2)Delivary brokerage should be lessened from.3%.3)Mobile trading app.should get standardized and updated 5)STBT ,BO and CO should be initiated.Thank you,I love always GEOJIT simply Great!

Ratings:

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

Are you a Zerodha Customer?