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Geojit Vs Fyers: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Geojit Max .03 to .3% per trade while the brokerage of Fyers ranges between Rs 20. Geojit is a Full Service Broker where Fyers is a Discount Broker. Overall rating for both the brokers are equal with rating 4 out of 5. Number of active customer for Geojit is 2,43,714 where number of active customer for Fyers is 2,22,798. Geojit is serving more customer compare to Fyers.

Here we present side-by-side comparison of Geojit vs Fyers 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 Fyers'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 Fyers 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 Fyers'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 Fyers on Service

  Geojit Compare
Geojit
Fyers Compare
Fyers
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Active Clients 2,43,714 2,22,798
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 Fyers is one of India's most popular brokers thanks to its best-in-class technology platforms, user-friendly interface (Fyers 2.0 app, Fyers Next, and Fyers One terminal), ultra-low brokerage (Rs 20/order), lowest NRI trading (Rs 50/order) and free i...Know more about Fyers
Broker Enquiry Request call back from Zerodha Request call back from Fyers
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Account Opening Charges and AMC

Compare Geojit vs Fyers on Trading & Demat Account Opening Charges

Comparison of Geojit with Fyers on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Fyers offer Free AMC for Demat account where Geojit charges Rs 700 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Geojit with Fyers
Charges Geojit Fyers
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 700 PA Free
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Geojit vs Fyers on Plan Options

Plans are the most important feature you look when compare Geojit with Fyers. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

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

Account Opening

  Zerodha Fyers
Account Opening Request
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Brokerage Charges

Compare Geojit vs Fyers 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.

Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.

Brokerage Charges - Compare Geojit with Fyers
Brokerage Charges Compare Geojit Fyers
Plan Name Online Trading Plan (Percentage Based) Max Rs 20 Per Order Trading Plan
Equity Delivery 0.30% or 30 paisa Free
Equity Intraday 0.03% or 3 paisa 0.03% or Rs 20 whichever is lower
Equity Futures 0.01% 0.03% or Rs 20 whichever is lower
Equity Options Rs 50 Per Lot Flat Fee Rs 20
Currency Futures 0.03% or 3 paisa 0.03% or Rs 20 whichever is lower
Currency Options Rs 50 Per Lot Flat Fee Rs 20
Commodity Trading 0.05% (Buy and sell)| Options: Rs. 150/lot| Option Flat Fee Rs 20
Minimum Brokerage 1p per share or Rs 20/contract whichever is higher NIL
Hidden Charges Info Not Available No
Funding Yes - 20% interest PA No
Call & Trade Charges Free Rs 50 Per Order
Auto Square off Charges Free Rs 50 Per Order
Brokerage Calculator Brokerage Calculator for Geojit Brokerage Calculator for Fyers
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Share Broker's Transaction Charges

Compare Geojit vs Fyers on Transaction Charges

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

Transaction Charges - Compare Geojit with Fyers
Transaction Charges Compare Geojit Fyers
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 NA
Brokerage Charges Complete Brokerage Plans for geojit Complete Brokerage Plans for fyers
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Account Features

Compare Geojit vs Fyers on Account Features

Compare Geojit with Fyers on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - Fyers offers Algo Trading where Geojit doesn't offers Algo Trading. Margin Funding - Geojit offers a margin funding where Fyers doesn't offers margin funding. NRI Trading - Geojit offers NRI where Fyers doesn't offers NRI Trading.

Account Features - Geojit with Fyers
Account Features Compare Geojit Fyers
3 in 1 Account No Geojit have 2-in-1 account. Only Demate and Trading account. No Geojit have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 3:15 PM
NRI Trading Yes No
Other Features NIL Fyers 30 Day Challenge
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Trading Platform

Compare Geojit vs Fyers on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Geojit and Fyers. 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 Fyers
Trading Platform Compare Geojit Fyers
Desktop Trading Platform SELFIE Platinum Fyers One
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/ Fyers Web
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App SELFIE Geojit Fyers 2.0 Mobile App
Mobile Trading App Demo SELFIE Geojit Demo Fyers 2.0 Mobile App Demo
Android Mobile App Yes Yes
Android App Download Andriod SELFIE Geojit Download Andriod Fyers 2.0 Mobile App Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS SELFIE Geojit Download iOS Fyers 2.0 Mobile App Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Geojit Equity Intraday and Delivery Brokerage Calculator for Fyers
Futures Brokerage Calculator Futures Brokerage Calculator for Geojit Futures Brokerage Calculator for Fyers
Options Brokerage Calculator Options Brokerage Calculator for Geojit Options Brokerage Calculator for Fyers
Detail Detail on Trading Platforms for geojit Detail on Trading Platforms for fyers

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Broker Ratings by Users

Compare Geojit vs Fyers on User Rating

  Geojit Fyers
  79 Customer Reviews    Rate Geojit 10 Customer Reviews    Rate Fyers
Fees Ratings 3.6 3.5
Trading Brokerage Rating 3.4 3.6
Trading Platform Usability 3.9 3.6
Customer Service Ratings 3.8 3.4
Overall Ratings 3.7 3.2
Broker Rating Geojit is Rated 3.7 / 5 based on 79 customer reviews Fyers is Rated 3.2 / 5 based on 10 customer reviews
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Investment Offerings

Compare Geojit vs Fyers on Investment Offerings

Compare Geojit with Fyers 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 Fyers doesn't offer

Investment Offerings - Compare Geojit with Fyers
Investment Offerings Compare Geojit Fyers
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 No
ETF Yes Yes
Banking No No
Insurance Yes No
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment Yes No
PMS Service Yes No
Other Investment Options Insurance NIL
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Order Types

Compare Geojit vs Fyers on Order Types

Order Type - Compare Geojit with Fyers 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) - Fyers 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) - Fyers provides Bracket Orders (BO) where Geojit doesn't offer.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 Fyers
Order Type Compare Geojit Fyers
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order No Yes
Bracket order No Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Customer Service Offered

Compare Geojit vs Fyers on Customer Service

Compare Geojit with Fyers 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 Fyers
Customer Service Compare Geojit Fyers
24/7 Customer Service Geojit vs Fyers - 24x7 customer support No No
Email Support Geojit vs Fyers - Email Support Yes Yes
Onine Live Chat Geojit vs Fyers - Onine Live Chat No No
Phone Support Geojit vs Fyers - Phone Support Yes Yes
Toll Free Number Geojit vs Fyers - Toll Free Number Yes No
Through Branches Geojit vs Fyers - Through Branches Yes No
Customer Care Number Geojit vs Fyers - Customer Care Number 1800-425-5501/1800-103-5501/91-484-2405822 08060001111
Account Opening Process Geojit vs Fyers - Account Opening Process Offline 100% online and paperless proc
Customer Support Email Geojit vs Fyers - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Geojit vs Fyers - Knowledge Center/Education https://insights.geojit.com/ https://fyers.in/school-of-stocks/
Head Office Address Geojit vs Fyers - Head Office Address/Corporate Address Geojit Financial Services Ltd.
34/659-P,
Civil Line Road Padivattom,
Kochi 682024
Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore - 560009
Website Geojit vs Fyers - Company Website https://www.geojit.com/ https://fyers.in/
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Tips/Research/Reports Published

Compare Geojit vs Fyers on Research Reports, Tips

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

Research Reports - Compare Geojit with Fyers
  Geojit Fyers
Research Mutual Funds Geojit vs Fyers - Research Mutual Funds Yes No
Research Equity Reports Geojit vs Fyers - Research Equity Reports Yes No
Research ETF Geojit vs Fyers - Research ETF Yes No
Daily Market Report Geojit vs Fyers - Daily Market Report Yes No
Free Tips Geojit vs Fyers - Free Tips Yes No
Quarterly Result Analysis Geojit vs Fyers - Quarterly Results Yes No
News Alerts Geojit vs Fyers - Yes Yes
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Demat Account

Compare Geojit vs Fyers on Demat Account

Compare Geojit with Fyers 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 Fyers is Free where for Geojit is ₹600 pa. Fyers is a better choice in terms of Demat AMC compare to Geojit.

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 Fyers is ₹7 + ₹5.50 (CDSL Charges) per transaction.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 Fyers
  Geojit Fyers
DP Source CDSL CDSL
DP ID Geojit vs Fyers - DP ID 48900 432-2019
Demat Account Annual Maintenance Charges(AMC) ₹600 pa Free
Advance Deposit NIL Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.02% of transaction value (Max ₹40) + CDSL charges ₹7 + ₹5.50 (CDSL Charges) per transaction
Demat ₹100 per demat request max 5 + ₹20 each additional certificate ₹0
Remat ₹10 per certificate or ₹10 per certificate which ever is higher + ₹35 courier charges ₹0
Pledge Creation ₹50 per transaction Nil
Pledge Creation Confirmation Nil Nil
Pledge Closure Nil Nil
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹50 per transaction Nil
Failed Instruction Charges Nil Nil
Other Charges Nil Stamp Charges ₹50,
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Special Offers,Advantages,Disadvantages

Compare Geojit vs Fyers on Special Offers and Promotion

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

Compare Geojit vs Fyers on Special Offers and Promotion
  Geojit Fyers
Pay In and Pay Out Options Geojit vs Fyers - 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 via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Fyers Mobile, Fyers One and Fyers Web.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Geojit vs Fyers - Payout Time Upto 24 Hrs except Bank Holidays. Up to 24 Hrs except for Bank Holidays.
Bank Supported and Charges Geojit vs Fyers - Bank Supported and Charges Info Not Available 24+ banks connected via payment gateway, Free pay in and Free Pay Out.
Bank Detail Info Not Available Fyers Securities,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
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...

  • Trade on BSE, NSE, and MCX
  • Free stocks and mutual funds investment
  • Rs 20 fixed brokerage on all segments
  • Invest in IPOs, OFS, SGBs, G-secs, and T-bills
  • Cheapest Rs 50/order brokerage on NRI trading
  • User-friendly mobile app and website for investors
  • Fyers Next and Fyers One high-speed trading terminal for traders
  • Fyers Thematic Investing: Invest in expert curated basket of stocks.
  • Start Algo trading Access with Fyers API for free
  • Bracket order, cover order, GTT, AMO, basket order
  • Fyers School of Stocks, a free stock market learning platform.
  • Margin calculator, brokerage calculator, SIP & Lumpsum calculator, etc.

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...

  • No unlimited zero brokerage monthly plans
  • No 3-in-1 account offering
  • No mutual fund investment app
  • Research reports are not offered free

Detail Review...

Special Offers/Promo
Enquiry Open Zerodha Account Now>> Open Fyers Account Now>>

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