Geojit Vs AxisDirect (Compare Geojit and AxisDirect)

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 AxisDirect

Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDirect brand. AxisDirect is among the top 10 stock brokers in India with over 4.2 lakhs active customers. AxisDirect offers investment in Equities, Mutua... Know more about AxisDirect

Geojit Vs AxisDirect

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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, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India.

Ā GeojitAxisDirect
Type of BrokerFull Service BrokerFull Service Broker
Exchnage MembershipBSE, NSE, MCX-SXBSE, NSE, MCX
Year of Incorporation19872006
Number of Branches50956
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Geojit Vs AxisDirect Charges & AMC

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Geojit trading account opening charges is Rs 0 (Free) while AxisDirect account opening changes is Rs 0. Geojit Demat Account AMC Charges is Rs 400 per year and AxisDirect Demat Account AMC Charges is Rs 750 (free for 1st year).

Ā GeojitAxisDirect
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 750 (free for 1st year)

Geojit Vs AxisDirect Brokerage

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Geojit brokerage charges for equity is 0.30% and intraday is 0.03% whereas AxisDirect brokerage charges for equity is 0.50% (Each Leg) and intraday is 0.05% (Each Leg).

Account TypeGeojit Online Traditional PlanAxisDirect Standard Brokerage Plan
Fixed ChargesNA
Equity Delivery0.30%0.50% (Each Leg)
Equity Intraday0.03%0.05% (Each Leg)
Equity Futures0.01%0.05% (Each Leg)
Equity OptionsRs 50 per lotRs 20 Per Order
Currency Futures0.01%0.03% (Each Leg)
Currency OptionsRs 50 per lotRs 20 Per Order
Commodity FuturesNA0.03% (Each Leg)
Commodity OptionsNARs 50 per lot
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:

Zero Intraday Brokerage with Axis Direct!
Why pay more to trade?

MTF Interest – 9.99% p.a.
Options – ₹20 per trade

šŸ”“ Open Account – FREE

ā± 5 min | 100% Online | Paperless

Geojit Vs AxisDirect Brokerage Plan 2

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Ā GeojitAxisDirect
Account TypeGTrade MaxStandard Brokerage Plan
Fixed ChargesNA
Equity Delivery0.30%0.50% (Each Leg)
Equity IntradayRs 20 per trade or 0.03% which is lower0.05% (Each Leg)
Equity FuturesRs 40 per lot0.05% (Each Leg)
Equity OptionsRs 20 per lotRs 20 Per Order
Currency FuturesRs 40 per lot0.03% (Each Leg)
Currency OptionsRs 20 per lotRs 20 Per Order
Commodity FuturesNA0.03% (Each Leg)
Commodity OptionsNARs 50 per lot
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Geojit Charges Vs AxisDirect

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Minimum Brokerage1p per share or Rs 20/contract whichever is higherRs 25 per trade
Other ChargesIntraday Auto Square off at Rs 20 per lot
Call & Trade ChargesRs 20 per call (First 20 calls free for a month)
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Geojit Vs AxisDirect 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 AxisDirect margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

Ā GeojitAxisDirect
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 AxisDirect Features

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The trading platforms offered Geojit include Selfie Platinum, Selfie Gold, Mobile App. AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.

Ā GeojitAxisDirect
3 in 1 AccountNoYes
Automated TradingNoNo
Margin Trading FundingYesYes
Margin Against Shares (Equity Cash)NoYes
Margin Against Shares (Equity F&O)NoYes
Trading PlatformSelfie Platinum, Selfie Gold, Mobile AppDirectTrade, Axisdirect Web, Axisdirect Mobile
Intraday Square-off Time3:15
Trading In SME Shares Allowed?NoNo
Referral ProgramNoYes
Other Features
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Geojit Vs AxisDirect Review

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Geojit is rated of 5 based on 113 customer reviews whereas AxisDirect is rated of 5 based on 89 customer reviews.

Ā GeojitAxisDirect
Ā 113 Customer Reviews Ā Ā Ā Rate Geojit89 Customer Reviews Ā Ā Ā Rate AxisDirect
FeesRated 3.5 starsRated 2.0 stars
BrokerageRated 3.2 starsRated 1.8 stars
Trading PlatformRated 3.9 starsRated 2.5 stars
Customer ServiceRated 3.7 starsRated 2.1 stars
Research CapabilitiesRated 2.7 starsRated 2.7 stars
Overall RatingRated 3.6 starsRated 2.0 stars
Broker RatingGeojit is Rated 3.6 / 5 based on 113 customer reviewsAxisDirect is Rated 2.0 / 5 based on 89 customer reviews

Contact Broker / Request A Call Back

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Ā GeojitAxisDirect
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.

Zero Intraday Brokerage with Axis Direct!
Why pay more to trade?

MTF Interest – 9.99% p.a.
Options – ₹20 per trade

šŸ”“ Open Account – FREE

ā± 5 min | 100% Online | Paperless

Geojit Vs AxisDirect Investment Options

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Ā GeojitAxisDirect
Stock / EquityYesYes
CommodityNoYes
IPOYesYes
Mutual FundsYesYes
Bond / NCDYesYes
DebtYesYes

Geojit Vs AxisDirect Order Type Offered

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Ā GeojitAxisDirect
Bracket OrderNoNo
Cover OrderNoYes
Buy Today Sell Tomorrow (BTST)NoYes
Sell Today Buy Tomorrow (STBT)NoNo
After Market Order (AMO)YesNo
Good Till Cancelled (GTC)YesYes
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Geojit Vs AxisDirect Suitable For Investor Type

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Ā GeojitAxisDirect
Casual InvestorNoYes
Active InvestorYesNo
TraderNoNo

Geojit Vs AxisDirect - Pros and Cons

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Ā GeojitAxisDirect
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.
  1. Free research reports
  2. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
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.
  • Minimum Average Quarterly Balance(AQB) of Rs 75,000 in bank account is required. Rs 250 per month fee if minimum balance not maintained.
  • Charges Rs 250 per month fee if you are not an axis bank customer.
  • Install-able trading terminal cost at Rs 2999 per year which is mostly free by all discount brokers
  • Higher commodity and currency trading brokerage.
  • Call & Trade is charged Rs 20 extra per trade
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.

Open Instant Demat Account Read Reviews

AxisDirect Special Offer

Zero Intraday Brokerage with Axis Direct!

  • Intraday Brokerage FREE
  • Margin Trading at just 9.99% p.a.
  • Options Brokerage at ₹20 per trade

Limited-time offer!
Open your instant Axis Direct account online and start trading today.

Open AxisDirect Account
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