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Geojit Vs Zerodha: 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 Zerodha ranges between Rs 20. Geojit is a Full Service Broker where Zerodha is a Discount Broker. Geojit is having overall lower rating compare to Zerodha. Geojit is rated only 4 out of 5 where Zerodha is rated 4.5 out of 5. Number of active customer for Zerodha is 72,23,525 where number of active customer for Geojit is 2,43,444. Zerodha is serving more customer compare to Geojit.

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

  Geojit Compare
Geojit
Zerodha Compare
Zerodha
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 NSE, BSE, MCX
Active Clients 2,43,444 72,23,525
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 Zerodha is India's number 1 discount broker offering free equity and mutual fund investment, Rs 20 flat brokerage trading, and user-friendly Kite trading platform.
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Geojit vs Zerodha on Trading & Demat Account Opening Charges

Comparison of Geojit with Zerodha on trading & demat account opening charges and AMC. Trading account opening charges - Geojit offer Free account opening where Zerodha charges Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com) for account opening. Demat AMC charges - Geojit charges Rs 700 PA AMC for Demat account where Zerodha charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Geojit with Zerodha
Charges Geojit Zerodha
Trading Account Opening Fees Free Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com)
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 700 PA Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Geojit vs Zerodha on Plan Options

Plans are the most important feature you look when compare Geojit with Zerodha. 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 Zerodha on Plan Options
Plan Types Geojit Zerodha
Multiple Plans No No
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 Zerodha 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.

Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.

Brokerage Charges - Compare Geojit with Zerodha
Brokerage Charges Compare Geojit Zerodha
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 Info Not Available
Call & Trade Charges Free Rs 50 Per Executable Order
Auto Square off Charges Free Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for Geojit Brokerage Calculator for Zerodha
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Share Broker's Transaction Charges

Compare Geojit vs Zerodha on Transaction Charges

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

Transaction Charges - Compare Geojit with Zerodha
Transaction Charges Compare Geojit Zerodha
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 Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for geojit Complete Brokerage Plans for zerodha
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Account Features

Compare Geojit vs Zerodha on Account Features

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

Account Features - Geojit with Zerodha
Account Features Compare Geojit Zerodha
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 No
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 3:10 PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Geojit vs Zerodha on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Geojit and Zerodha. 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 Zerodha
Trading Platform Compare Geojit Zerodha
Desktop Trading Platform SELFIE Platinum Kite By Zerodha
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/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App SELFIE Geojit Zerodha Kite
Mobile Trading App Demo SELFIE Geojit Demo Zerodha Kite Demo
Android Mobile App Yes Yes
Android App Download Andriod SELFIE Geojit Download Andriod Zerodha Kite Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS SELFIE Geojit Download iOS Zerodha Kite 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 Zerodha
Futures Brokerage Calculator Futures Brokerage Calculator for Geojit Futures Brokerage Calculator for Zerodha
Options Brokerage Calculator Options Brokerage Calculator for Geojit Options Brokerage Calculator for Zerodha
Detail Detail on Trading Platforms for geojit Detail on Trading Platforms for zerodha

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Broker Ratings by Users

Compare Geojit vs Zerodha on User Rating

  Geojit Zerodha
  79 Customer Reviews    Rate Geojit 160 Customer Reviews    Rate Zerodha
Fees Ratings 3.6 4.0
Trading Brokerage Rating 3.4 4.4
Trading Platform Usability 3.9 3.7
Customer Service Ratings 3.8 3.8
Overall Ratings 3.7 3.9
Broker Rating Geojit is Rated 3.7 / 5 based on 79 customer reviews Zerodha is Rated 3.9 / 5 based on 160 customer reviews
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Investment Offerings

Compare Geojit vs Zerodha on Investment Offerings

Compare Geojit with Zerodha 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 Zerodha doesn't offer

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

Order Type - Compare Geojit with Zerodha 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) - Zerodha 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 Zerodha
Order Type Compare Geojit Zerodha
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 Zerodha on Customer Service

Compare Geojit with Zerodha 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 Zerodha
Customer Service Compare Geojit Zerodha
24/7 Customer Service Geojit vs Zerodha - 24x7 customer support No No
Email Support Geojit vs Zerodha - Email Support Yes Yes
Onine Live Chat Geojit vs Zerodha - Onine Live Chat No No
Phone Support Geojit vs Zerodha - Phone Support Yes Yes
Toll Free Number Geojit vs Zerodha - Toll Free Number Yes No
Through Branches Geojit vs Zerodha - Through Branches Yes Yes
Customer Care Number Geojit vs Zerodha - Customer Care Number 1800-425-5501/1800-103-5501/91-484-2405822 "+ 91 80 4040 2020"
Account Opening Process Geojit vs Zerodha - Account Opening Process Offline Online/Paperless
Customer Support Email Geojit vs Zerodha - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Geojit vs Zerodha - Knowledge Center/Education https://insights.geojit.com/ https://zerodha.com/varsity/
Head Office Address Geojit vs Zerodha - Head Office Address/Corporate Address Geojit Financial Services Ltd.
34/659-P,
Civil Line Road Padivattom,
Kochi 682024
Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Website Geojit vs Zerodha - Company Website https://www.geojit.com/ https://zerodha.com/
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Tips/Research/Reports Published

Compare Geojit vs Zerodha on Research Reports, Tips

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

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

Compare Geojit vs Zerodha on Demat Account

Compare Geojit with Zerodha 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 Zerodha 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 Zerodha is ₹8 + ₹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 Zerodha
  Geojit Zerodha
DP Source CDSL CDSL
DP ID Geojit vs Zerodha - DP ID 48900 81600
Demat Account Annual Maintenance Charges(AMC) ₹600 pa ₹300 pa
Advance Deposit NIL Nil
Statutory charges Nil ₹50
Transaction Charges on Debit (Per ISIN) 0.02% of transaction value (Max ₹40) + CDSL charges ₹8 + ₹5.50 (CDSL Charges) per transaction
Demat ₹100 per demat request max 5 + ₹20 each additional certificate ₹150 per certificate + ₹100 courier charges
Remat ₹10 per certificate or ₹10 per certificate which ever is higher + ₹35 courier charges ₹150 per certificate + ₹100 courier charges + CDSL Charges
Pledge Creation ₹50 per transaction ₹20 + ₹12 CSDL charges
Pledge Creation Confirmation Nil Nil
Pledge Closure Nil ₹20 + ₹12 CSDL charges
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹50 per transaction ₹20
Failed Instruction Charges Nil ₹50 per instraction
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Geojit vs Zerodha on Special Offers and Promotion

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

Compare Geojit vs Zerodha on Special Offers and Promotion
  Geojit Zerodha
Pay In and Pay Out Options Geojit vs Zerodha - 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, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Kite
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Geojit vs Zerodha - Payout Time Upto 24 Hrs except Bank Holidays. Max 24 hrs except for bank holidays
Bank Supported and Charges Geojit vs Zerodha - Bank Supported and Charges Info Not Available Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI).
Bank Detail Info Not Available HDFC Bank
Account#ZERNSE
Branch: Sandoz Branch, Mumbai
IFSC Code:HDFC0000240
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...

You will enjoy many benefits or advantages while trading with Zerodha;

  • Rs 0 brokerage on investment in stocks
  • Flat Rs 20 intraday and F&O trades
  • Invest in direct mutual funds for free
  • Instant and paperless account opening and closure
  • Mainboard and SME IPO Apply via UPI
  • Modern platforms and apps for free of cost
  • Varsity, a free stock market learning platform
  • No upfront fee required
  • Advance orders; Basket order, Cover order (CO), After market order, GTT, etc.
  • Zero-level Debt Company.

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...

  • Does not offer Lifetime free AMC account
  • No intraday tips, equity research and advisory
  • No unlimited zero brokerage plan for intraday traders
  • No 3-in-1 account
  • Bracket order is not offered by Zerodha
  • No Installable trading terminal
  • Zerodha has a separate platform for every investment product i.e., Kite for stocks, coin for mutual fund, Golden Pi for bonds, etc.
  • Software glitches in Kite happens at certain times.

Detail Review...

Special Offers/Promo Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

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