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Geojit Vs Upstox: 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 Upstox ranges between Rs 20. Geojit is a Full Service Broker where Upstox is a Discount Broker. Geojit is having overall lower rating compare to Upstox. Geojit is rated only 4 out of 5 where Upstox is rated 4.5 out of 5. Number of active customer for Upstox is 38,64,087 where number of active customer for Geojit is 2,35,090. Upstox is serving more customer compare to Geojit.

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

  Geojit Compare
Geojit
Upstox Compare
Upstox
Overall Rating Rated 4 stars Rated 4.5 stars
Brokerage Charges Rated 3 stars Rated 4.5 stars
Trading Platform Rated 4.5 stars Rated 4.5 stars
Investments Offering Rated 4 stars Rated 4 stars
Customer Service Rated 4 stars Rated 4.5 stars
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE, MCX
Active Clients 2,35,090 38,64,087
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 One of the best discount brokers in India 2023 with ₹20 flat brokerage charges, free mutual fund investment, fantastic feature-rich Upstox pro trading platform in web and app versions, and reliable customer service.
Broker Enquiry Request call back from Zerodha Request call back from Upstox
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Account Opening Charges and AMC

Compare Geojit vs Upstox on Trading & Demat Account Opening Charges

Comparison of Geojit with Upstox on trading & demat account opening charges and AMC. Trading account opening charges - Geojit offer Free account opening where Upstox charges Promotion offer: Free for account opening. Demat AMC charges - Upstox offer Free AMC for Demat account where Geojit charges Rs 700 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Geojit with Upstox
Charges Geojit Upstox
Trading Account Opening Fees Free Promotion offer: 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 Upstox on Plan Options

Plans are the most important feature you look when compare Geojit with Upstox. 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 Upstox on Plan Options
Plan Types Geojit Upstox
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Upstox
Account Opening Request
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Brokerage Charges

Compare Geojit vs Upstox 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.

Upstox Brokerage Plan detail - Equity Delivery Free and Rs 20 Per executable order for others

Brokerage Charges - Compare Geojit with Upstox
Brokerage Charges Compare Geojit Upstox
Plan Name Online Trading Plan (Percentage Based) Max Rs 20 Per Order Trading Plan
Equity Delivery 0.30% or 30 paisa 2.5% or Rs 20 whichever is lower
Equity Intraday 0.03% or 3 paisa 0.05% or Rs 20 whichever is lower
Equity Futures 0.01% 0.05% or Rs 20 whichever is lower
Equity Options Rs 50 Per Lot Flat Fee Rs 20
Currency Futures 0.03% or 3 paisa 0.05% 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 Info Not Available
Funding Yes - 20% interest PA Info Not Available
Call & Trade Charges Free Rs 20 Per Executable Order
Auto Square off Charges Free Rs 20 Per Executable Order
Brokerage Calculator Brokerage Calculator for Geojit Brokerage Calculator for Upstox
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Share Broker's Transaction Charges

Compare Geojit vs Upstox on Transaction Charges

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

Transaction Charges - Compare Geojit with Upstox
Transaction Charges Compare Geojit Upstox
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 190 Per Cr Rs 210 Per Cr
Equity Options Rs 5000 Per Cr Rs 5500 Per Cr
Currency Futures Rs 110 Per Cr Rs 150 Per Cr
Currency Options Rs 4000 Per Cr Rs 6000 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for geojit Complete Brokerage Plans for upstox
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Account Features

Compare Geojit vs Upstox on Account Features

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

Account Features - Geojit with Upstox
Account Features Compare Geojit Upstox
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 Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare Geojit vs Upstox on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Geojit and Upstox. 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 Upstox
Trading Platform Compare Geojit Upstox
Desktop Trading Platform SELFIE Platinum Upstox Pro
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes No
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://selfie.geojit.net/ https://pro.upstox.com/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App SELFIE Geojit Upstox
Mobile Trading App Demo SELFIE Geojit Demo Upstox Demo
Android Mobile App Yes Yes
Android App Download Andriod SELFIE Geojit Download Andriod Upstox Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS SELFIE Geojit Download iOS Upstox 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 Upstox
Futures Brokerage Calculator Futures Brokerage Calculator for Geojit Futures Brokerage Calculator for Upstox
Options Brokerage Calculator Options Brokerage Calculator for Geojit Options Brokerage Calculator for Upstox
Detail Detail on Trading Platforms for geojit Detail on Trading Platforms for upstox

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Broker Ratings by Users

Compare Geojit vs Upstox on User Rating

  Geojit Upstox
  78 Customer Reviews    Rate Geojit 12 Customer Reviews    Rate Upstox
Fees Ratings 3.7 3.5
Trading Brokerage Rating 3.4 3.8
Trading Platform Usability 4.0 3.7
Customer Service Ratings 3.8 3.5
Overall Ratings Rated 3.8 stars Rated 3.7 stars
Broker Rating Geojit is Rated 3.8 / 5 based on 78 customer reviews Upstox is Rated 3.7 / 5 based on 12 customer reviews
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Investment Offerings

Compare Geojit vs Upstox on Investment Offerings

Compare Geojit with Upstox 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 Upstox doesn't offer

Investment Offerings - Compare Geojit with Upstox
Investment Offerings Compare Geojit Upstox
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 Upstox on Order Types

Order Type - Compare Geojit with Upstox 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) - Upstox 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) - Upstox 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- Geojit offers Good Till Cancelled (GTC) orders where Upstox doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Geojit with Upstox
Order Type Compare Geojit Upstox
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 No
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Customer Service Offered

Compare Geojit vs Upstox on Customer Service

Compare Geojit with Upstox 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 Upstox
Customer Service Compare Geojit Upstox
24/7 Customer Service Geojit vs Upstox - 24x7 customer support No No
Email Support Geojit vs Upstox - Email Support Yes Yes
Onine Live Chat Geojit vs Upstox - Onine Live Chat No Yes
Phone Support Geojit vs Upstox - Phone Support Yes Yes
Toll Free Number Geojit vs Upstox - Toll Free Number Yes No
Through Branches Geojit vs Upstox - Through Branches Yes Yes
Customer Care Number Geojit vs Upstox - Customer Care Number 1800-425-5501/1800-103-5501/91-484-2405822 +91 22 6130 9999
Account Opening Process Geojit vs Upstox - Account Opening Process Offline Online/Paperless
Customer Support Email Geojit vs Upstox - Customer Support Email [email protected] [email protected] 
Knowledge Center/Education Geojit vs Upstox - Knowledge Center/Education https://insights.geojit.com/ https://upstox.com/help-center/
Head Office Address Geojit vs Upstox - Head Office Address/Corporate Address Geojit Financial Services Ltd.
34/659-P,
Civil Line Road Padivattom,
Kochi 682024
Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
Website Geojit vs Upstox - Company Website https://www.geojit.com/ https://upstox.com/
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Tips/Research/Reports Published

Compare Geojit vs Upstox on Research Reports, Tips

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

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

Compare Geojit vs Upstox on Demat Account

Compare Geojit with Upstox 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 Upstox is ₹300 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 Upstox is ₹13 + ₹5.50 CDSL charges.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 Upstox
  Geojit Upstox
DP Source CDSL CDSL
DP ID Geojit vs Upstox - DP ID 48900 81800
Demat Account Annual Maintenance Charges(AMC) ₹600 pa ₹300 PA
Advance Deposit NIL NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.02% of transaction value (Max ₹40) + CDSL charges ₹13 + ₹5.50 CDSL charges
Demat ₹100 per demat request max 5 + ₹20 each additional certificate ₹20 + ₹50 courier charges
Remat ₹10 per certificate or ₹10 per certificate which ever is higher + ₹35 courier charges ₹100 for every hundred securities or ₹25 per certificate (whichever is higher)
Pledge Creation ₹50 per transaction 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Creation Confirmation Nil 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Closure Nil 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Closure Confirmation Nil 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Invocation ₹50 per transaction 0.05% of the transaction value (Min ₹50)
Failed Instruction Charges Nil ₹50
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Geojit vs Upstox on Special Offers and Promotion

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

Compare Geojit vs Upstox on Special Offers and Promotion
  Geojit Upstox
Pay In and Pay Out Options Geojit vs Upstox - 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 funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro
Pau-out/Fund Withdrawal - Bank Transfer only
Payout Time Geojit vs Upstox - Payout Time Upto 24 Hrs except Bank Holidays. Max 24 hrs except bank holidays
Bank Supported and Charges Geojit vs Upstox - Bank Supported and Charges Info Not Available Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service.
Bank Detail Info Not Available HDFC Bank
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
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...

  • Flat Rs. 20 brokerage across segments.
  • Invest across global companies in 25+ countries.
  • Apply for IPO and direct mutual funds for free.
  • Zero Demat AMC or annual maintenance charge.
  • Zero hidden costs.
  • Advanced orders like bracket order, cover order, and after-market order.
  • Advanced Pro web and mobile app-based trading platforms.
  • Upstox Developer Console to build your own trading platform using Python.
  • Upstox Bridge for AmiBroker to create and execute trading strategy.
  • Availability of margin against shares.

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...

  • Equity delivery trading is not free and charged at a lower of Rs. 20 per order or 2.5%.
  • Upstox doesn’t have unlimited monthly trading plan.
  • Call & trade services are not free, charged at Rs. 20 per executed order.
  • Upstox doesn’t provide stock market trading tips and recommendations.
  • NRI trading is not available since Jan 2018.
  • 24/7 customer service is unavailable.

Detail Review...

Special Offers/Promo Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs
Enquiry Open Zerodha Account Now>> Open Upstox Account Now>>

Last Updated on 2022-09-01T01:53:57+00:00