Geojit Vs Alice Blue (Compare Geojit and Alice Blue)

About Geojit

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 ... Know more about Geojit

About Alice Blue

Founded in 2006, Alice Blue is a Bengaluru-based discount broker that offers trading services across equity, derivatives, and commodities on BSE, NSE, and MCX. Alice Blue also provides depository (Demat) services through its membership with CDSL. Alice Blue follows a simple pricing model with flat brokerage plans. For equity delivery, brokerage is charged at ₹20 per executed order or 2.5% (whichev... Know more about Alice Blue

Geojit Vs Alice Blue

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Incorporated in 1987, Geojit is a Full Service Broker. It offers trading at BSE, NSE, MCX-SX. It has 509 branches across India. Incorporated in 2006, Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 25 branches across India.

 GeojitAlice Blue
Type of BrokerFull Service BrokerDiscount Broker
Exchnage MembershipBSE, NSE, MCX-SXBSE, NSE, MCX
Year of Incorporation19872006
Number of Branches50925
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Geojit Vs Alice Blue Charges & AMC

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Geojit trading account opening charges is Rs 0 (Free) while Alice Blue account opening changes is Rs 0. Geojit Demat Account AMC Charges is Rs 400 per year and Alice Blue Demat Account AMC Charges is Rs 0.

 GeojitAlice Blue
Trading Account Opening ChargesRs 0 (Free)Rs 0
Trading Account AMC ChargesRs 0 (Free)Rs 0
Demat Account Opening ChargesRs 0 (Free)Rs 0
Demat Account AMC ChargesRs 400 per yearRs 0

Geojit Vs Alice Blue Brokerage

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Geojit Brokerage Charges for equity is 0.30% and intraday is 0.03% whereas Alice Blue brokerage charges for equity is Rs 20 per order or 2.5% whichever is lower and Intraday is Rs 20 per order or 0.05% whichever is lower.

Account TypeGeojit Online Traditional PlanAlice Blue Flat Rs 20
Fixed Charges
Equity Delivery0.30%Rs 20 per order or 2.5% whichever is lower
Equity Intraday0.03%Rs 20 per order or 0.05% whichever is lower
Equity Futures0.01%Rs 20 per order or 0.05% whichever is lower
Equity OptionsRs 50 per lotRs 20 per order
Currency Futures0.01%Rs 20 per order or 0.05% whichever is lower
Currency OptionsRs 50 per lotRs 20 per order
Commodity FuturesNARs 20 per order or 0.05% whichever is lower
Commodity OptionsNARs 20 per order
Special Offer

Zerodha (Flat Rs 20 Per Trade)

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.

Special Offer:

Free Account opening| ₹0 AMC| Max ₹20/order – Equity, F&O, Commodity & Currency| No hidden Fees, Simple Brokerage

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Geojit Vs Alice Blue Brokerage Plan 2

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 GeojitAlice Blue
Account TypeGTrade MaxFlat Rs 20
Fixed Charges
Equity Delivery0.30%Rs 20 per order or 2.5% whichever is lower
Equity IntradayRs 20 per trade or 0.03% which is lowerRs 20 per order or 0.05% whichever is lower
Equity FuturesRs 40 per lotRs 20 per order or 0.05% whichever is lower
Equity OptionsRs 20 per lotRs 20 per order
Currency FuturesRs 40 per lotRs 20 per order or 0.05% whichever is lower
Currency OptionsRs 20 per lotRs 20 per order
Commodity FuturesNARs 20 per order or 0.05% whichever is lower
Commodity OptionsNARs 20 per order
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Geojit Charges Vs Alice Blue

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Minimum Brokerage1p per share or Rs 20/contract whichever is higherRs 20
Other ChargesIntraday Auto Square off at Rs 20 per lot
Call & Trade ChargesRs 50 per executed order
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Geojit Vs Alice Blue Leverage (Margin)

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Geojit margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Alice Blue margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.

 GeojitAlice Blue
Equity Delivery100% of trade value (1x leverage)100% of trade value (1x leverage)
Equity IntradayUp to 20% of trade value (5x leverage)Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)100% of NRML margin (Span + Exposure) (1x leverage)100% of NRML margin (Span + Exposure) (1x leverage)
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Compare Geojit and Alice Blue Features

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The trading platforms offered Geojit include Selfie Platinum, Selfie Gold, Mobile App. Alice Blue offers ANT, 1lyOption trading software.

 GeojitAlice Blue
3 in 1 AccountNoNo
Automated TradingNoYes
Margin Trading FundingYesYes
Margin Against Shares (Equity Cash)NoYes
Margin Against Shares (Equity F&O)NoYes
Trading PlatformSelfie Platinum, Selfie Gold, Mobile AppANT, 1lyOption
Intraday Square-off TimeEquity: 3:15 PM
Trading In SME Shares Allowed?NoYes
Referral ProgramNoYes
Other FeaturesSmart Alice, Equity SIP
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Geojit Vs Alice Blue Review

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Geojit is rated of 5 based on 113 customer reviews whereas Alice Blue is rated of 5 based on 40 customer reviews.

 GeojitAlice Blue
 113 Customer Reviews    Rate Geojit40 Customer Reviews    Rate Alice Blue
FeesRated 3.5 starsRated 3.7 stars
BrokerageRated 3.2 starsRated 3.7 stars
Trading PlatformRated 3.9 starsRated 3.3 stars
Customer ServiceRated 3.7 starsRated 2.9 stars
Research CapabilitiesRated 2.7 starsRated 1.9 stars
Overall RatingRated 3.6 starsRated 3.1 stars
Broker RatingGeojit is Rated 3.6 / 5 based on 113 customer reviewsAlice Blue is Rated 3.1 / 5 based on 40 customer reviews

Contact Broker / Request A Call Back

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 GeojitAlice Blue
Contact 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.

Free Account opening| ₹0 AMC| Max ₹20/order – Equity, F&O, Commodity & Currency| No hidden Fees, Simple Brokerage

Open FREE Alice Blue Account Today!

Geojit Vs Alice Blue Investment Options

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 GeojitAlice Blue
Stock / EquityYesYes
CommodityNoYes
IPOYesYes
Mutual FundsYesYes
Bond / NCDYesNo
DebtYesNo

Geojit Vs Alice Blue Order Type Offered

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Geojit Vs Alice Blue Suitable For Investor Type

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 GeojitAlice Blue
Casual InvestorNoYes
Active InvestorYesYes
TraderNoYes

Geojit Vs Alice Blue - Pros and Cons

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 GeojitAlice Blue
Pros
  • 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.
  • Flat Rs 20 brokerage for intraday and F&O
  • ₹0 Account Opening
  • ₹0 AMC for Lifetime
  • An advanced online trading platform
  • Scalper Terminal
  • Instant Payout
  • MTF with 4x Leverage
Cons
  • 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.
  • Call & Trade is available with an additional cost of Rs 50 per order.
Reviews
Promo / Offers

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.

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Alice Blue Special Offer

Experience transparent pricing with no hidden fees at Alice Blue

  • ₹0 Account Opening Charges - Open Free A/c
  • ₹0 Account Maintenance Charges (AMC)
  • ₹0 brokerage Mutual Funds Investment
Open Free Alice Blue Account Now!

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