Free Account Opening + AMC Free Demat
Loading...

Geojit Vs SBI Securities (Compare Geojit and SBI Securities)

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

SBICAP Securities Ltd Logo

About SBI Securities
SBICAP Securities Ltd (SSL) is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SSL 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. SBI Smart is the flagship trading platform of the company. The portal allows both Resident Indians and N... Know more about SBICAP Securities Ltd

Expand

Geojit Vs SBI Securities

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.

  Geojit SBI Securities
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX-SX BSE, NSE
Year of Incorporation 1987 2001
Number of Branches 509 117

Expand

Geojit Vs SBI Securities Charges & AMC

Geojit trading account opening charges is Rs 0 (Free) while SBI Securities account opening changes is Rs 850. Geojit Demat Account AMC Charges is Rs 400 per year and SBI Securities Demat Account AMC Charges is Rs 750 (Free for 1st Year).

  Geojit SBI Securities
Trading Account Opening Charges Rs 0 (Free) Rs 850
Trading Account AMC Charges Rs 0 (Free)
Demat Account Opening Charges Rs 0 (Free)
Demat Account AMC Charges Rs 400 per year Rs 750 (Free for 1st Year)

Expand

Geojit Vs SBI Securities Brokerage

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 0.05%.

Account Type Geojit Online Traditional Plan SBI Securities
Fixed Charges
Equity Delivery 0.30% 0.50%
Equity Intraday 0.03% 0.05%
Equity Futures 0.01% 0.05%
Equity Options Rs 50 per lot Rs 100 per lot (sell and buy side)
Currency Futures 0.01% 0.03%
Currency Options Rs 50 per lot Rs 30 per lot
Commodity Futures NA 0.05%
Commodity Options NA Rs 100 (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

  Geojit SBI Securities
Account Type GTrade Max
Fixed Charges
Equity Delivery 0.30% 0.50%
Equity Intraday Rs 20 per trade or 0.03% which is lower 0.05%
Equity Futures Rs 40 per lot 0.05%
Equity Options Rs 20 per lot Rs 100 per lot (sell and buy side)
Currency Futures Rs 40 per lot 0.03%
Currency Options Rs 20 per lot Rs 30 per lot
Commodity Futures NA 0.05%
Commodity Options NA Rs 100 (sell and buy side)

Geojit Charges Vs SBI Securities

Minimum Brokerage 1p per share or Rs 20/contract whichever is higher Rs 0.05 for Cash, Rs 0.01 Future
Other Charges Intraday Auto Square off at Rs 20 per lot
Call & Trade Charges Rs 10 per call (after 30 free calls a month)

Expand

Geojit Vs SBI Securities 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 SBI Securities exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).

  Geojit SBI Securities
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 322 per Cr (0.00322%) | 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 322 per Cr (0.00322%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) 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) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity NA

Expand

Geojit Vs SBI Securities Leverage (Margin)

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.

  Geojit SBI Securities
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)

Expand

Compare Geojit and SBI Securities Features

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

  Geojit SBI Securities
3 in 1 Account No Yes
Charting Yes No
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform Selfie Platinum, Selfie Gold, Mobile App SBI Smart Express, SBI Smart Web, SBI Smart Mobile
Intraday Square-off Time 2:45 PM
Trading In SME Shares Allowed?
Referral Program
Other Features

Expand

Geojit Vs SBI Securities Review

Geojit is rated 3.6 of 5 based on 111 customer reviews whereas SBI Securities is rated 2.5 of 5 based on 163 customer reviews.

  Geojit SBI Securities
  111 Customer Reviews    Rate Geojit 163 Customer Reviews    Rate SBI Securities
Fees 3.5 3.0
Brokerage 3.2 2.7
Trading Platform 3.9 2.6
Customer Service 3.7 2.8
Research Capabilities 2.7 2.4
Overall Ratings Rated 3.6 stars Rated 2.5 stars
Broker Rating Geojit is rated 3.6 of 5 based on 111 customer reviews SBI Securities is rated 2.5 of 5 based on 163 customer reviews

Expand

Contact Broker / Request A Call Back

  Geojit Enquire SBI Securities 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. 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.

Expand

Geojit Vs SBI Securities Investment Options

  Geojit SBI Securities
Stock / Equity Yes Yes
Commodity No No
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Insurance

Expand

Geojit Vs SBI Securities Order Type Offered

  Geojit SBI Securities
Bracket Order No No
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes No
Good Till Cancelled (GTC) Yes No

Expand

Geojit Vs SBI Securities Research Report

  Geojit SBI Securities
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes

Expand

Geojit Vs SBI Securities Suitable For Investor Type

  Geojit SBI Securities
Casual Investor Yes
Active Investor Yes
Trader

Expand

Geojit Vs SBI Securities - Pros and Cons

  Geojit SBI 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

Comments

Add a public comment...

Compare More Brokers: