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 ... ![]()
About Monarch Networth
Incorporated in 1993, Monarch Networth Capital Limited (MNCL) is a full-service broker that offers a cost-effective fee structure and multiple product offerings.
The company is an accredited stock broker with BSE, NSDL, MCX, NCDEX, NMCE & DGCX and uses NSDL and CDSL for custodial services. It is also registered with AMFI for mutual fund distribution.
Monarch Networth Capital Key Offerings
P... ![]()
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 1993, Monarch Networth is a Full Service Broker. It offers trading at BSE, NSE, MCX & NCDEX. It has 71 branches across India.
| Geojit | Monarch Networth | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX-SX | BSE, NSE, MCX & NCDEX |
| Year of Incorporation | 1987 | 1993 |
| Number of Branches | 509 | 71 |
Geojit trading account opening charges is Rs 0 (Free) while Monarch Networth account opening changes is Rs 0 (Free). Geojit Demat Account AMC Charges is Rs 400 per year and Monarch Networth Demat Account AMC Charges is Rs 350 PA.
| Geojit | Monarch Networth | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 400 per year | Rs 350 PA |
Geojit brokerage charges for equity is 0.30% and intraday is 0.03% whereas Monarch Networth brokerage charges for equity is 0.15% and intraday is 0.01%.
| Account Type | Geojit Online Traditional Plan | Monarch Networth General Plan |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | 0.30% | 0.15% |
| Equity Intraday | 0.03% | 0.01% |
| Equity Futures | 0.01% | Rs 15 per lot |
| Equity Options | Rs 50 per lot | Rs 15 per lot |
| Currency Futures | 0.01% | 0.01% |
| Currency Options | Rs 50 per lot | Rs 15 per lot |
| Commodity Futures | NA | 0.01% |
| Commodity Options | NA | Rs 15 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. | 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. |
| Geojit | Monarch Networth | |
|---|---|---|
| Account Type | GTrade Max | General Plan |
| Fixed Charges | ||
| Equity Delivery | 0.30% | 0.15% |
| Equity Intraday | Rs 20 per trade or 0.03% which is lower | 0.01% |
| Equity Futures | Rs 40 per lot | Rs 15 per lot |
| Equity Options | Rs 20 per lot | Rs 15 per lot |
| Currency Futures | Rs 40 per lot | 0.01% |
| Currency Options | Rs 20 per lot | Rs 15 per lot |
| Commodity Futures | NA | 0.01% |
| Commodity Options | NA | Rs 15 per lot |
Geojit margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Monarch Networth margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Geojit | Monarch Networth | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up 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) |
The trading platforms offered Geojit include Selfie Platinum, Selfie Gold, Mobile App. Monarch Networth offers trading software.
| Geojit | Monarch Networth | |
|---|---|---|
| 3 in 1 Account | ![]() | ![]() |
| Automated Trading | ![]() | ![]() |
| Margin Trading Funding | ![]() | ![]() |
| Margin Against Shares (Equity Cash) | ![]() | ![]() |
| Margin Against Shares (Equity F&O) | ![]() | ![]() |
| Trading Platform | Selfie Platinum, Selfie Gold, Mobile App | |
| Intraday Square-off Time | 3:20 PM | |
| Trading In SME Shares Allowed? | ![]() | ![]() |
| Referral Program | ![]() | ![]() |
| Other Features | ||
Geojit is rated of 5 based on 113 customer reviews whereas Monarch Networth is rated of 5 based on 0 customer reviews.
| Geojit | Monarch Networth | |
|---|---|---|
| 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 (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Geojit | Monarch Networth | |
|---|---|---|
| Pros |
| FREE account opening! Open an Instant Account & start investing with minimum brokerage along with benefit of research. |
| Cons |
| Free Account Opening
This is a limited time offer. Open an instant account online and start trading today. |
| Reviews | ||
| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
|