Geojit Vs SBI Securities (Compare Geojit and SBI Securities)

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 SBI Securities

SBI Securities Ltd is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SBI Securities is a full-service stock broker. Founded in 2006, the company's services include Institution Equity, Retail Equity, Derivatives, Broking, Depository services and Third Party Distribution products. They also provide online trading services to investors & traders. ... Know more about SBI Securities

Geojit Vs SBI Securities

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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 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India.

 GeojitSBI Securities
Type of BrokerFull Service BrokerFull Service Broker
Exchnage MembershipBSE, NSE, MCX-SXBSE, NSE
Year of Incorporation19872001
Number of Branches509117

Geojit Vs SBI Securities Charges & AMC

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

 GeojitSBI Securities
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 SBI Securities Brokerage

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Geojit brokerage charges for equity is 0.30% and intraday is 0.03% whereas SBI Securities brokerage charges for equity is 0.50% and intraday is Rs 20 per order.

Account TypeGeojit Online Traditional PlanSBI Securities Suvidha
Fixed Charges
Equity Delivery0.30%0.50%
Equity Intraday0.03%Rs 20 per order
Equity Futures0.01%0.05%
Equity OptionsRs 50 per lotRs 50 per lot (sell and buy side)
Currency Futures0.01%Rs 20 per lot
Currency OptionsRs 50 per lotRs 20 per lot
Commodity FuturesNA0.05%
Commodity OptionsNARs 50 (sell and buy side)
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 Vs SBI Securities Brokerage Plan 2

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 GeojitSBI Securities
Account TypeGTrade MaxSuvidha
Fixed Charges
Equity Delivery0.30%0.50%
Equity IntradayRs 20 per trade or 0.03% which is lowerRs 20 per order
Equity FuturesRs 40 per lot0.05%
Equity OptionsRs 20 per lotRs 50 per lot (sell and buy side)
Currency FuturesRs 40 per lotRs 20 per lot
Currency OptionsRs 20 per lotRs 20 per lot
Commodity FuturesNA0.05%
Commodity OptionsNARs 50 (sell and buy side)

Geojit Charges Vs SBI Securities

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Minimum Brokerage1p per share or Rs 20/contract whichever is higherRs 0.05 for Cash, Rs 0.01 Future
Other ChargesIntraday Auto Square off at Rs 20 per lot
Call & Trade ChargesFree

Geojit Vs SBI Securities 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 SBI Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

 GeojitSBI Securities
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)

Compare Geojit and SBI Securities Features

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The trading platforms offered Geojit include Selfie Platinum, Selfie Gold, Mobile App. SBI Securities offers SBI Smart Web, SBI Smart Mobile trading software.

 GeojitSBI Securities
3 in 1 AccountNoYes
Automated TradingNoNo
Margin Trading FundingYesNo
Margin Against Shares (Equity Cash)NoNo
Margin Against Shares (Equity F&O)NoNo
Trading PlatformSelfie Platinum, Selfie Gold, Mobile AppSBI Smart Web, SBI Smart Mobile
Intraday Square-off Time2:45 PM
Trading In SME Shares Allowed?NoNo
Referral ProgramNoNo
Other Features

Geojit Vs SBI Securities Review

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Geojit is rated of 5 based on 113 customer reviews whereas SBI Securities is rated of 5 based on 165 customer reviews.

 GeojitSBI Securities
 113 Customer Reviews    Rate Geojit165 Customer Reviews    Rate SBI Securities
FeesRated 3.5 starsRated 3.0 stars
BrokerageRated 3.2 starsRated 2.6 stars
Trading PlatformRated 3.9 starsRated 2.6 stars
Customer ServiceRated 3.7 starsRated 2.7 stars
Research CapabilitiesRated 2.7 starsRated 2.4 stars
Overall RatingRated 3.6 starsRated 2.5 stars
Broker RatingGeojit is Rated 3.6 / 5 based on 113 customer reviewsSBI Securities is Rated 2.5 / 5 based on 165 customer reviews

Contact Broker / Request A Call Back

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 GeojitSBI Securities
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 Vs SBI Securities Investment Options

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 GeojitSBI Securities
Stock / EquityYesYes
CommodityNoNo
IPOYesYes
Mutual FundsYesYes
Bond / NCDYesYes
DebtYesYes

Geojit Vs SBI Securities Order Type Offered

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 GeojitSBI Securities
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)YesNo

Geojit Vs SBI Securities Suitable For Investor Type

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 GeojitSBI Securities
Casual InvestorNoYes
Active InvestorYesNo
TraderNoNo

Geojit Vs SBI Securities - Pros and Cons

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 GeojitSBI Securities
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.
  • Offer 3-in-1 account for seamless transactions.
  • Full-service broker offering services online as well as through branches.
  • Wide range of investment options.
  • Free research reports are available.
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.
  • Installable Trading Terminal (exe) is not available for frequent traders.
  • Good Till Cancelled (GTC) orders are not available.
  • Very high brokerage.
  • Commodity (MCX) trading is not available.
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

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
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