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Geojit Vs AxisDirect: Which one is better?

Both the brokers are registered with SEBI. Geojit offers investmenet in Equity, F&O, Currency and Commodities, where AxisDirect offers investment in Equity, F&O and Currency only. The brokerage of Geojit ranges between .03 to .3% while the brokerage of AxisDirect ranges between 0.05% to 0.5%. Both the brokers are Full Service brokers. Geojit is having overall higher rating compare to AxisDirect. Geojit is rated 4 out of 5 where AxisDirect is rated only 3.5 out of 5. Number of active customer for AxisDirect is 3,57,390 where number of active customer for Geojit is 2,43,444. AxisDirect is serving more customer compare to Geojit.

Here we present side-by-side comparison of Geojit vs AxisDirect share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Geojit vs AxisDirect's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Geojit vs AxisDirect share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Geojit vs AxisDirect's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Geojit vs AxisDirect on Service

  Geojit Compare
Geojit
AxisDirect Compare
AxisDirect
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE
Active Clients 2,43,444 3,57,390
Broker Overview Open a Free Demat Account online with Geojit BNP Paribas today to start online trading on the state-of-the-art trading platforms; SELFIE app, web, and desktop terminal, and also get financial planning, portfolio management services, and get free acce... Know more about Geojit Axis Direct is a leading player in the retail broking space. The 3-in-1 account with Axis Direct is a single platform to trade in different asset classes, access innovative Ring powerful-technology trading platform, quality research calls & advis...Know more about AxisDirect
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Geojit vs AxisDirect on Trading & Demat Account Opening Charges

Comparison of Geojit with AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - Geojit offer Free account opening where AxisDirect charges Rs 999 for account opening. Demat AMC charges - Geojit charges Rs 700 PA AMC for Demat account where AxisDirect charges Rs 750 PA (Free for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Geojit with AxisDirect
Charges Geojit AxisDirect
Trading Account Opening Fees Free Rs 999
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 700 PA Rs 750 PA (Free for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Geojit vs AxisDirect on Plan Options

Plans are the most important feature you look when compare Geojit with AxisDirect. This section compare on high level about type of plans offered by brokers. Multiple Plans - AxisDirect provides Multiple Plans where Geojit doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Geojit with AxisDirect on Plan Options
Plan Types Geojit AxisDirect
Multiple Plans No Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Geojit vs AxisDirect on Brokerage Charges

Geojit Brokerage Plan detail - This is a standard plan by Geojit This is % based brokerage plan.This is % based brokerage plan. Brokerage is between .03% to .3%, which is 3 paisa to 30 paisa.

AxisDirect Brokerage Plan detail - Axis Direct has a fixed % based brokerage plan that charge a fixed brokerage fee on trading across segments.

Brokerage Charges - Compare Geojit with AxisDirect
Brokerage Charges Compare Geojit AxisDirect
Plan Name Online Trading Plan (Percentage Based) Fixed Brokerage Trading Plan (Percentage Based)
Equity Delivery 0.30% or 30 paisa 0.50% (Each leg)
Equity Intraday 0.03% or 3 paisa 0.05% (Each leg)
Equity Futures 0.01% 0.05% (Each leg)
Equity Options Rs 50 Per Lot Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures 0.03% or 3 paisa 0.05% (Each Leg)
Currency Options Rs 50 Per Lot Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p
Commodity Trading 0.05% (Buy and sell)| Options: Rs. 150/lot| Option Futures: 0.03% (Each leg)| Options: Rs. 50 per lot
Minimum Brokerage 1p per share or Rs 20/contract whichever is higher NIL
Hidden Charges Info Not Available No
Funding Yes - 20% interest PA Yes - 18% interest PA
Call & Trade Charges Free Free 20 calls per month, and after Rs. 20 per order
Auto Square off Charges Free 20 calls Free and after that Rs 20 per call
Brokerage Calculator Brokerage Calculator for Geojit Brokerage Calculator for AxisDirect
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Share Broker's Transaction Charges

Compare Geojit vs AxisDirect on Transaction Charges

Compare Geojit with AxisDirect on transaction charges and PCM fee by segment.

Transaction Charges - Compare Geojit with AxisDirect
Transaction Charges Compare Geojit AxisDirect
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for geojit Complete Brokerage Plans for axisdirect
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Account Features

Compare Geojit vs AxisDirect on Account Features

Compare Geojit with AxisDirect on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - AxisDirect offers 3-in-1 account where Geojit offers only 2-in-1 account which includes trading and demat account. Algo Trading - both doesn't offers Algo trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Geojit with AxisDirect
Account Features Compare Geojit AxisDirect
3 in 1 Account No Geojit have 2-in-1 account. Only Demate and Trading account. Yes, Geojit have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes
Algo Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 2:45 PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Geojit vs AxisDirect on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Geojit and AxisDirect. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Geojit with AxisDirect
Trading Platform Compare Geojit AxisDirect
Desktop Trading Platform SELFIE Platinum Ring
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://selfie.geojit.net/ https://login.axisdirect.in/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App SELFIE Geojit AxisDirect Ring Mobile App
Mobile Trading App Demo SELFIE Geojit Demo AxisDirect Ring Mobile App Demo
Android Mobile App Yes Yes
Android App Download Andriod SELFIE Geojit Download Andriod AxisDirect Ring Mobile App Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS SELFIE Geojit Download iOS AxisDirect Ring Mobile App Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Free Yes, DirectTrade - Rs 2999 PA
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Geojit Equity Intraday and Delivery Brokerage Calculator for AxisDirect
Futures Brokerage Calculator Futures Brokerage Calculator for Geojit Futures Brokerage Calculator for AxisDirect
Options Brokerage Calculator Options Brokerage Calculator for Geojit Options Brokerage Calculator for AxisDirect
Detail Detail on Trading Platforms for geojit Detail on Trading Platforms for axisdirect

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Broker Ratings by Users

Compare Geojit vs AxisDirect on User Rating

  Geojit AxisDirect
  79 Customer Reviews    Rate Geojit 6 Customer Reviews    Rate AxisDirect
Fees Ratings 3.6 2.5
Trading Brokerage Rating 3.4 2.0
Trading Platform Usability 3.9 3.2
Customer Service Ratings 3.8 2.7
Overall Ratings 3.7 2.3
Broker Rating Geojit is Rated 3.7 / 5 based on 79 customer reviews AxisDirect is Rated 2.3 / 5 based on 6 customer reviews
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Investment Offerings

Compare Geojit vs AxisDirect on Investment Offerings

Compare Geojit with AxisDirect on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Geojit provide PMS Service where AxisDirect doesn't offer

Investment Offerings - Compare Geojit with AxisDirect
Investment Offerings Compare Geojit AxisDirect
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking No Yes
Insurance Yes Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment Yes Yes
PMS Service Yes No
Other Investment Options Insurance NIL
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Order Types

Compare Geojit vs AxisDirect on Order Types

Order Type - Compare Geojit with AxisDirect on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - AxisDirect provides Cover Orders (CO) where Geojit doesn't offer,Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both broker don't have Bracket Orders (BO).With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.

Order Types - Compare Geojit with AxisDirect
Order Type Compare Geojit AxisDirect
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order No Yes
Bracket order No No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Customer Service Offered

Compare Geojit vs AxisDirect on Customer Service

Compare Geojit with AxisDirect on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Geojit with AxisDirect
Customer Service Compare Geojit AxisDirect
24/7 Customer Service Geojit vs AxisDirect - 24x7 customer support No No
Email Support Geojit vs AxisDirect - Email Support Yes Yes
Onine Live Chat Geojit vs AxisDirect - Onine Live Chat No Yes
Phone Support Geojit vs AxisDirect - Phone Support Yes Yes
Toll Free Number Geojit vs AxisDirect - Toll Free Number Yes Yes
Through Branches Geojit vs AxisDirect - Through Branches Yes Yes
Customer Care Number Geojit vs AxisDirect - Customer Care Number 1800-425-5501/1800-103-5501/91-484-2405822 022-61480808
Account Opening Process Geojit vs AxisDirect - Account Opening Process Offline Online
Customer Support Email Geojit vs AxisDirect - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Geojit vs AxisDirect - Knowledge Center/Education https://insights.geojit.com/ https://simplehai.axisdirect.in/learn/overview
Head Office Address Geojit vs AxisDirect - Head Office Address/Corporate Address Geojit Financial Services Ltd.
34/659-P,
Civil Line Road Padivattom,
Kochi 682024
Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
Website Geojit vs AxisDirect - Company Website https://www.geojit.com/ https://simplehai.axisdirect.in
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Tips/Research/Reports Published

Compare Geojit vs AxisDirect on Research Reports, Tips

Compare Geojit with AxisDirect on research reports and tips provided by the broker.

Research Reports - Compare Geojit with AxisDirect
  Geojit AxisDirect
Research Mutual Funds Geojit vs AxisDirect - Research Mutual Funds Yes Yes
Research Equity Reports Geojit vs AxisDirect - Research Equity Reports Yes Yes
Research ETF Geojit vs AxisDirect - Research ETF Yes Yes
Daily Market Report Geojit vs AxisDirect - Daily Market Report Yes Yes
Free Tips Geojit vs AxisDirect - Free Tips Yes Yes
Quarterly Result Analysis Geojit vs AxisDirect - Quarterly Results Yes Yes
News Alerts Geojit vs AxisDirect - Yes Yes
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Demat Account

Compare Geojit vs AxisDirect on Demat Account

Compare Geojit with AxisDirect on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for AxisDirect is ₹500 pa where for Geojit is ₹600 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Geojit is 0.02% of transaction value (Max ₹40) + CDSL charges where for AxisDirect is ₹10.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Geojit with AxisDirect
  Geojit AxisDirect
DP Source CDSL CDSL
DP ID Geojit vs AxisDirect - DP ID 48900 49200
Demat Account Annual Maintenance Charges(AMC) ₹600 pa ₹500 pa
Advance Deposit NIL Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.02% of transaction value (Max ₹40) + CDSL charges ₹10
Demat ₹100 per demat request max 5 + ₹20 each additional certificate ₹3 per certificate
Remat ₹10 per certificate or ₹10 per certificate which ever is higher + ₹35 courier charges ₹10 for every hundred securities (Min ₹10)
Pledge Creation ₹50 per transaction ₹25
Pledge Creation Confirmation Nil ₹25
Pledge Closure Nil ₹25
Pledge Closure Confirmation Nil ₹25
Pledge Invocation ₹50 per transaction Nil
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Geojit vs AxisDirect on Special Offers and Promotion

Compare Geojit with AxisDirect on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Geojit vs AxisDirect on Special Offers and Promotion
  Geojit AxisDirect
Pay In and Pay Out Options Geojit vs AxisDirect - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SELFIE Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, Online Bank Transfer from Axis Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time Geojit vs AxisDirect - Payout Time Upto 24 Hrs except Bank Holidays. Instant to Axis Bank.
Bank Supported and Charges Geojit vs AxisDirect - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Info Not Available Direct from your Axis bank account.
Likes
  • Trade and invest in stocks, derivatives, commodities, and currencies.
  • Zero account opening charges and Zero AMC.
  • 3-in-1 account opening.
  • Invest in smartfolios, a basket of stocks.
  • Diversify your portfolio with global investment.
  • In-depth stocks and mutual fund research access for free.
  • STEPS, comprehensive financial planning, and investment advisory
  • Apply for IPO and invest in mutual funds.
  • Secure & user-friendly SELFIE superfast platform in web, app, and desktop versions.
  • FundsGenie, a dedicated mutual fund app platform.
  • Great quality customer care support.
  • 4x exposure on Margin trading facility (MTF).
  • Place buy and sell GTT order.
  • Loans against shares.

Detail Review...

  • Open paperless 3-in-1 account (Bank + Demat + Trading).
  • One-stop shop to trade on BSE, NSE, and MCX.
  • Zero Demat AMC for 1st year for Axis Bank account holders.
  • Multiple brokerage plans for traders and investors.
  • Trade in options at flat Rs. 10/order.
  • Unlimited Brokerage-free options trading for the first month.
  • Ring revolutionary app and desktop-based platforms provide an investment opportunity.
  • Free trading tools like scanners, options strategies, advanced charting, & indicators.
  • Get free trading calls, investment ideas, and research reports.
  • Hassle-free investment in bonds & debenture on the “Yield” platform.
  • AI-powered investment ideas and wealth management advisory services.
  • Buy Now and Pay Later with E-margin.
  • Free 20 calls per month.

Detail Review...

Dislikes
  • Geojit charges relatively high brokerage compared to other full-service brokers like Angel One, Edelweiss.
  • FundsGenie mutual fund app is not available for iOS platform users.

Detail Review...

  • High account opening fees.
  • It charges a higher brokerage fee than discount brokers like Zerodha, Upstox, etc.
  • It does not have a flat discount brokerage plan.

Detail Review...

Special Offers/Promo Get Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-09-12T06:18:34+00:00