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Geojit Vs Paytm Money (Compare Geojit and Paytm Money)

Geojit BNP Paribas Logo

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 NSE and BSE stock exchanges through a strong network of around 500 branches and its state of art onl... Know more about Geojit BNP Paribas

Paytm Money Limited Logo

About Paytm Money
Incorporated in 2017, Paytm Money Limited (commonly known as Paytm Money) is a Bengaluru based discount brokering firm. Paytm Money is a wholly-owned subsidiary of India's largest and leading digital goods and mobile platform, One97 Communications Ltd that also owns the Paytm brand. Paytm is an RBI-approved Indian e-commerce payment system. Paytm Money is a SEBI registered stockbroker and an Investment Advisor. The company has a depository participant membership of CDSL and is also a member of ... Know more about Paytm Money Limited

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Geojit Vs Paytm Money

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 2017, Paytm Money is a Discount Broker. It offers trading at NSE and BSE. It has 1 branches across India.

  Geojit Paytm Money
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX-SX NSE and BSE
Year of Incorporation 1987 2017
Number of Branches 509 1
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Geojit Vs Paytm Money Charges & AMC

Geojit trading account opening charges is Rs 0 (Free) while Paytm Money account opening changes is Rs 200. Geojit Demat Account AMC Charges is Rs 400 per year and Paytm Money Demat Account AMC Charges is Rs 0 (Free).

  Geojit Paytm Money
Trading Account Opening Charges Rs 0 (Free) Rs 200
Trading Account AMC Charges Rs 0 (Free) Rs 300 (Annual Platform Fees)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 400 per year Rs 0 (Free)

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Geojit Vs Paytm Money Brokerage

Geojit brokerage charges for equity is 0.30% and intraday is 0.03% whereas Paytm Money brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is low.

Account Type Geojit Online Traditional Plan Paytm Money Standard Plan
Fixed Charges NA
Equity Delivery 0.30% Rs 20 per executed order or 2.5% whichever is low
Equity Intraday 0.03% Rs 20 per executed order or 0.05% whichever is low
Equity Futures 0.01% Rs 20 per executed order or 0.01% whichever is low
Equity Options Rs 50 per lot Rs 20 per executed order
Currency Futures 0.01%
Currency Options Rs 50 per lot
Commodity Futures NA
Commodity Options NA
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: Pay ₹0 brokerage for first 15 days and flat ₹20 per trade brokerage for delivery, intra-day and F&O trades thereafter. Get the offer
Paytm Money QR Code

Geojit Vs Paytm Money Brokerage Plan 2

  Geojit Paytm Money
Account Type GTrade Max Standard Plan
Fixed Charges NA
Equity Delivery 0.30% Rs 20 per executed order or 2.5% whichever is low
Equity Intraday Rs 20 per trade or 0.03% which is lower Rs 20 per executed order or 0.05% whichever is low
Equity Futures Rs 40 per lot Rs 20 per executed order or 0.01% whichever is low
Equity Options Rs 20 per lot Rs 20 per executed order
Currency Futures Rs 40 per lot
Currency Options Rs 20 per lot
Commodity Futures NA
Commodity Options NA
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Geojit Charges Vs Paytm Money

Minimum Brokerage 1p per share or Rs 20/contract whichever is higher
Other Charges Intraday Auto Square off at Rs 20 per lot Platform Usage Fees-Rs. 30/month; Physical Statements/Documents-₹300 per request + ₹300 per Courier
Call & Trade Charges Rs 100

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Geojit Vs Paytm Money Transaction Charges

Geojit transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while Paytm Money exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium).

  Geojit Paytm Money
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 345 per Cr (0.00345%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 345 per Cr (0.00345%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 BSE Rs 200 per Cr (0.002%)
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 5300 per Cr (0.053%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) (on premium)
Commodity NA
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Geojit Vs Paytm Money Leverage (Margin)

Geojit margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Paytm Money margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Geojit Paytm Money
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)
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Compare Geojit and Paytm Money Features

The trading platforms offered Geojit include Selfie Platinum, Selfie Gold, Mobile App. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.

  Geojit Paytm Money
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) No
Margin Against Shares (Equity F&O) No
Trading Platform Selfie Platinum, Selfie Gold, Mobile App Paytm Money mobile app, Paytm Money website
Intraday Square-off Time 3:15 PM
Trading In SME Shares Allowed?
Referral Program
Other Features
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Geojit Vs Paytm Money Review

Geojit is rated 3.6 of 5 based on 111 customer reviews whereas Paytm Money is rated 3.2 of 5 based on 52 customer reviews.

  Geojit Paytm Money
  111 Customer Reviews    Rate Geojit 52 Customer Reviews    Rate Paytm Money
Fees 3.5 3.3
Brokerage 3.2 3.8
Trading Platform 3.9 3.4
Customer Service 3.7 2.6
Research Capabilities 2.7 3.2
Overall Ratings Rated 3.6 stars Rated 3.2 stars
Broker Rating Geojit is rated 3.6 of 5 based on 111 customer reviews Paytm Money is rated 3.2 of 5 based on 52 customer reviews

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Contact Broker / Request A Call Back

  Geojit Enquire Paytm Money Enquire
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. Pay ₹0 brokerage for first 15 days and flat ₹20 per trade brokerage for delivery, intra-day and F&O trades thereafter. Get the offer
Paytm Money QR Code

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Geojit Vs Paytm Money Investment Options

  Geojit Paytm Money
Stock / Equity Yes Yes
Commodity No No
Currency Yes No
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes No
Other Investment Options Insurance NPS Retirement Fund, Digital Fund

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Geojit Vs Paytm Money Order Type Offered

  Geojit Paytm Money
Bracket Order No Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No
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Geojit Vs Paytm Money Research Report

  Geojit Paytm Money
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

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Geojit Vs Paytm Money Suitable For Investor Type

  Geojit Paytm Money
Casual Investor
Active Investor Yes Yes
Trader Yes

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Geojit Vs Paytm Money - Pros and Cons

  Geojit Paytm Money
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.
  • Flat rate brokerage fee (max Rs 20 per trade).
  • Free Mutual Fund investments with no hidden charges.
  • Direct MF platform that helps you earn an extra 1% returns.
  • Zero Maintenance Charges.
  • Instant digital account opening.
  • Simple and easy trading platforms.
  • Online IPO application services.
  • Offers to invest in NPS and digital gold investment along with Stocks, Derivatives, and MF.
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.
  • Branch support not available.
  • GTC order type not available.
  • Trading platforms use fee: Rs 30 per month.
  • No Margin trading facility.
  • No Margin against shares.
  • Commodity and Currency trading not available.
Reviews

Paytm Money Limited, commonly known as Paytm Money, is a Bengaluru-based online discount broker incorporated in 2017 offering trading and investment services for an entire range of financial products like Equity, Derivatives, Direct Mutual Funds, Digital gold, NPS retirement funds, and IPO. The company also provides investment advisory services by way of offering investment packs for mutual fund investments.

The company claims to be a leader and pioneer in low-cost trading. Paytm Money follows a flat fee model. The maximum brokerage charged by the broker is Rs 15 per trade. Paytm Money offers free Equity Delivery trading. Paytm Money is a member of NSE and BSE and has a depository membership with CDSL.

Paytm Money charges Rs 200 towards account opening and zero annual maintenance charges for the Demat account. The company offers an online trading platform - Paytm Money on Android, iOS, and website.

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

Paytm Money Special Offer

Pay Rs 0 brokerage for first 15 days

  • Pay flat ₹20 per executed order for Delivery, Intraday & F&O.

This is a limited-time offer. Open Instant Paytm Account online and start trading today.

Paytm Money QR Code
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