Geojit Vs Groww (Compare Geojit and Groww)

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 Groww

Groww is a Bangalore based broker offering online flat fee discount brokerage services to invest in Equity, IPO, and Direct Mutual Funds. Groww is the brand name for Groww Invest Tech Pvt Ltd, which is a SEBI-registered stockbroker and a member of NSE and BSE. Established in 2016, Groww initially started as a direct mutual fund investment platform. In the mid-2020s, Groww expanded its product offe... Know more about Groww

Geojit Vs Groww

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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 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.

 GeojitGroww
Type of BrokerFull Service BrokerDiscount Broker
Exchnage MembershipBSE, NSE, MCX-SXNSE and BSE
Year of Incorporation19872016
Number of Branches5090
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Geojit Vs Groww Charges & AMC

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

 GeojitGroww
Trading Account Opening ChargesRs 0 (Free)Rs 0 (Free)
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 Groww Brokerage

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Geojit brokerage charges for equity is 0.30% and intraday is 0.03% whereas Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower.

Account TypeGeojit Online Traditional PlanGroww Standard Plan
Fixed ChargesNA
Equity Delivery0.30%Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday0.03%Rs 20 per executed order or 0.05% whichever is lower
Equity Futures0.01%Rs 20 per executed order
Equity OptionsRs 50 per lotRs 20 per executed order
Currency Futures0.01%NA
Currency OptionsRs 50 per lotNA
Commodity FuturesNARs 20 per executed order or 0.05% whichever is low
Commodity OptionsNARs 20 per executed order or 0.05% whichever is low
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 in Stocks and Direct Mutual Funds with zero account opening charges. Enjoy simple, transparent pricing — no hidden fees, no hassles. Open your FREE Demat account on Groww and start investing today.

Geojit Vs Groww Brokerage Plan 2

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 GeojitGroww
Account TypeGTrade MaxStandard Plan
Fixed ChargesNA
Equity Delivery0.30%Rs 20 per executed order or 0.05% whichever is lower
Equity IntradayRs 20 per trade or 0.03% which is lowerRs 20 per executed order or 0.05% whichever is lower
Equity FuturesRs 40 per lotRs 20 per executed order
Equity OptionsRs 20 per lotRs 20 per executed order
Currency FuturesRs 40 per lotNA
Currency OptionsRs 20 per lotNA
Commodity FuturesNARs 20 per executed order or 0.05% whichever is low
Commodity OptionsNARs 20 per executed order or 0.05% whichever is low
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Geojit Charges Vs Groww

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Minimum Brokerage1p per share or Rs 20/contract whichever is higherRs 20 or 0.05% per executed order
Other ChargesIntraday Auto Square off at Rs 20 per lotPhysical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50
Call & Trade ChargesNA
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Geojit Vs Groww 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 Groww margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

 GeojitGroww
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 Groww Features

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The trading platforms offered Geojit include Selfie Platinum, Selfie Gold, Mobile App. Groww offers Groww trading software.

 GeojitGroww
3 in 1 AccountNoNo
Automated TradingNoNo
Margin Trading FundingYesYes
Margin Against Shares (Equity Cash)NoYes
Margin Against Shares (Equity F&O)NoYes
Trading PlatformSelfie Platinum, Selfie Gold, Mobile AppGroww
Intraday Square-off Time3:10 PM
Trading In SME Shares Allowed?NoYes
Referral ProgramNoNo
Other Features
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Geojit Vs Groww Review

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Geojit is rated of 5 based on 113 customer reviews whereas Groww is rated of 5 based on 107 customer reviews.

 GeojitGroww
 113 Customer Reviews    Rate Geojit107 Customer Reviews    Rate Groww
FeesRated 3.5 starsRated 4.2 stars
BrokerageRated 3.2 starsRated 3.8 stars
Trading PlatformRated 3.9 starsRated 3.8 stars
Customer ServiceRated 3.7 starsRated 3.5 stars
Research CapabilitiesRated 2.7 starsRated 3.1 stars
Overall RatingRated 3.6 starsRated 3.8 stars
Broker RatingGeojit is Rated 3.6 / 5 based on 113 customer reviewsGroww is Rated 3.8 / 5 based on 107 customer reviews

Contact Broker / Request A Call Back

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 GeojitGroww
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 in Stocks and Direct Mutual Funds with zero account opening charges. Enjoy simple, transparent pricing — no hidden fees, no hassles. Open your FREE Demat account on Groww and start investing today.

Geojit Vs Groww Investment Options

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 GeojitGroww
Stock / EquityYesYes
CommodityNoYes
IPOYesYes
Mutual FundsYesYes
Bond / NCDYesNo
DebtYesYes

Geojit Vs Groww Order Type Offered

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

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 GeojitGroww
Casual InvestorNoYes
Active InvestorYesNo
TraderNoNo

Geojit Vs Groww - Pros and Cons

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 GeojitGroww
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.
  • Simple pricing model with low-cost trading charges.
  • Free Mutual Fund investments with no hidden charges.
  • Zero Account opening fee.
  • Zero Maintenance Charges.
  • Direct MF platform that helps you earn an extra 1.5% returns.
  • E-books, Resources, and Blogs that provide the basics and updates on the stock market to help investors make an informed decision.
  • Instant paperless account opening.
  • Online IPO application.
  • Inhouse Brokerage Calculator
  • Option to invest online in digital gold and US Stocks. Other products (Derivatives, FD) in the pipeline. 
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.
  • Do not provide stock tips, research reports, or recommendations.
Reviews

Groww is a Bangalore based broker offering online services to invest in Equity, IPO, and Direct Mutual Funds. Groww is registered with SEBI as a stock broker in the name of NextBillion Technology Limited. Groww is also a member of the NSE, BSE, and CDSL depository.

Groww is an online discount broker with a simple pricing model based on a flat fee. The company charges a lower of Rs 20 or 0.05% per executed trade and offers Free Mutual Fund services with no charges in investing or redemption of mutual funds.

The account opening with Groww is also free with no maintenance charges. It does not offer any tips, recommendations, and research services. Groww offers its trading platform called Groww on web and mobile app to enjoy a seamless trading experience for its investors.

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

Groww Special Offer

Invest in Stocks and Mutual Funds on Groww

  • Free Demat & Trading account opening
  • Zero brokerage on Direct Mutual Fund investments
  • Equity brokerage — ₹20 or 0.1% per order (whichever is lower, minimum ₹5)
  • Transparent pricing with no hidden charges
  • Trusted by millions of investors across India

Start your investment journey today!
Open your FREE Groww account and start investing instantly.

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