Geojit Vs Fyers (Compare Geojit and Fyers)

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 Fyers

Incorporated in 2015, Fyers Securities is a Bangalore based online discount stock broker. Fyers offers trading in Equity Cash, F&O and Currency Derivatives segments. FYERS word is an acronym for 'Focus Your Energy & Reform the Self', representing the core values of the company. The company was founded by young entrepreneurs who believe in building the best trading platforms, being transparent and ... Know more about Fyers

Geojit Vs Fyers

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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 2015, Fyers is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 2 branches across India.

 GeojitFyers
Type of BrokerFull Service BrokerDiscount Broker
Exchnage MembershipBSE, NSE, MCX-SXBSE, NSE, MCX
Year of Incorporation19872015
Number of Branches5092
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Geojit Vs Fyers Charges & AMC

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

 GeojitFyers
Trading Account Opening ChargesRs 0 (Free)Rs 0 (Free)
Trading Account AMC ChargesRs 0 (Free)Rs 0 (Free AMC for Lifetime)
Demat Account Opening ChargesRs 0 (Free)Rs 0 (Free)
Demat Account AMC ChargesRs 400 per yearRs 0 (Free AMC for Lifetime)

Geojit Vs Fyers Brokerage

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Geojit brokerage charges for equity is 0.30% and intraday is 0.03% whereas Fyers brokerage charges for equity is 0.03% or Rs 20, whichever is lower and intraday is 0.03% or Rs 20, whichever is lower.

Account TypeGeojit Online Traditional PlanFyers Flat Fee Brokerage Plan
Fixed ChargesNA
Equity Delivery0.30%0.03% or Rs 20, whichever is lower
Equity Intraday0.03%0.03% or Rs 20, whichever is lower
Equity Futures0.01%0.03% or Rs 20, whichever is lower
Equity OptionsRs 50 per lotRs 20 per executed order
Currency Futures0.01%0.03% or Rs 20, whichever is lower
Currency OptionsRs 50 per lotRs 20 per executed order
Commodity FuturesNA0.03% or Rs 20, whichever is lower
Commodity OptionsNARs 20 per executed 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: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.

Geojit Vs Fyers Brokerage Plan 2

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 GeojitFyers
Account TypeGTrade MaxFlat Fee Brokerage Plan
Fixed ChargesNA
Equity Delivery0.30%0.03% or Rs 20, whichever is lower
Equity IntradayRs 20 per trade or 0.03% which is lower0.03% or Rs 20, whichever is lower
Equity FuturesRs 40 per lot0.03% or Rs 20, whichever is lower
Equity OptionsRs 20 per lotRs 20 per executed order
Currency FuturesRs 40 per lot0.03% or Rs 20, whichever is lower
Currency OptionsRs 20 per lotRs 20 per executed order
Commodity FuturesNA0.03% or Rs 20, whichever is lower
Commodity OptionsNARs 20 per executed order
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Geojit Charges Vs Fyers

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Minimum Brokerage1p per share or Rs 20/contract whichever is higherIntra-day: 0.03% or Rs 20, whichever is lower
Other ChargesIntraday Auto Square off at Rs 20 per lotSquare-off by Fyers - Rs 50 per trade, NRI Brokerage: Rs 50 (equity delivery)
Call & Trade ChargesRs 50 per trade
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Geojit Vs Fyers 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 Fyers margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

 GeojitFyers
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 Fyers Features

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The trading platforms offered Geojit include Selfie Platinum, Selfie Gold, Mobile App. Fyers offers Fyers App, Fyers Web, Fyers Next trading software.

 GeojitFyers
3 in 1 AccountNoYes
Automated TradingNoYes
Margin Trading FundingYesYes
Margin Against Shares (Equity Cash)NoYes
Margin Against Shares (Equity F&O)NoYes
Trading PlatformSelfie Platinum, Selfie Gold, Mobile AppFyers App, Fyers Web, Fyers Next
Intraday Square-off Time3:15 PM
Trading In SME Shares Allowed?NoYes
Referral ProgramNoYes
Other FeaturesAPI Trading, Algo Trading and Insta Options is available, which is designed for options traders.
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Geojit Vs Fyers Review

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Geojit is rated of 5 based on 113 customer reviews whereas Fyers is rated of 5 based on 38 customer reviews.

 GeojitFyers
 113 Customer Reviews    Rate Geojit38 Customer Reviews    Rate Fyers
FeesRated 3.5 starsRated 3.4 stars
BrokerageRated 3.2 starsRated 3.6 stars
Trading PlatformRated 3.9 starsRated 3.2 stars
Customer ServiceRated 3.7 starsRated 3.0 stars
Research CapabilitiesRated 2.7 starsRated 2.4 stars
Overall RatingRated 3.6 starsRated 3.0 stars
Broker RatingGeojit is Rated 3.6 / 5 based on 113 customer reviewsFyers is Rated 3.0 / 5 based on 38 customer reviews

Contact Broker / Request A Call Back

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 GeojitFyers
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.
Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.

Geojit Vs Fyers Investment Options

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 GeojitFyers
Stock / EquityYesYes
CommodityNoYes
IPOYesYes
Mutual FundsYesYes
Bond / NCDYesNo
DebtYesNo

Geojit Vs Fyers Order Type Offered

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 GeojitFyers
Bracket OrderNoYes
Cover OrderNoYes
Buy Today Sell Tomorrow (BTST)NoYes
Sell Today Buy Tomorrow (STBT)NoYes
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)YesYes
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Geojit Vs Fyers Suitable For Investor Type

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 GeojitFyers
Casual InvestorNoNo
Active InvestorYesYes
TraderNoYes

Geojit Vs Fyers - Pros and Cons

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 GeojitFyers
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.
  • Free equity delivery trades and thematic investments. No brokerage for this segment.
  • Very low brokerage charges of maximum Rs 20 per trade.
  • Free account opening.
  • No software charges.
  • State of art trading platforms.
  • Thematic investment is available
  • Refer your friends and earn 20% of the revenues generated by your friends, for life!
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.
  • Depository services are offered through another company (IL&FS). Higher demat charges.
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

Fyers Special Offer

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery. Flat Rs 20 per trade for Intraday & F&O.
  • Brokerage-free Direct Mutual Fund investment.
  • Trade with one of the best trading platforms in India.

This is a limited-time offer. Open FREE Fyers Account online and start trading today.

Open Fyers Account
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