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ICICIdirect Vs Geojit (Compare ICICIdirect and Geojit)

About ICICIdirect
ICICIdirect is one of the largest retail stock brokers in India. It is part of the ICICI Group. It offers online trading and investment services to over 50 lakhs customers. The services offered include equity, commodity, and currency trading at BSE, NSE, and MCX. The company also offers Mutual Fund & IPO, Fixed deposits, Bond, NCD, wealth products, Home Loans, Loans against Securities, etc. ICICIdirect's most popular service is its 3-in-1 account, which includes ICICI Bank Account, ICICI Tradin...

ICICIdirect Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

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...

Geojit Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

ICICIdirect Vs Geojit

Incorporated in 2000, ICICIdirect is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 1987, Geojit is a Full Service Broker. It offers trading at BSE, NSE, MCX-SX. It has 509 branches across India.

	ICICIdirect	Geojit
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	BSE, NSE	BSE, NSE, MCX-SX
Year of Incorporation	2000	1987
Number of Branches	154	509

ICICIdirect Vs Geojit Charges & AMC

ICICIdirect trading account opening charges is Rs 0 (Free) while Geojit account opening changes is Rs 0 (Free). ICICIdirect Demat Account AMC Charges is Rs 300 (from 2nd year) and Geojit Demat Account AMC Charges is Rs 400 per year.

	ICICIdirect	Geojit
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 300 (from 2nd year)	Rs 400 per year

ICICIdirect Vs Geojit Brokerage

ICICIdirect brokerage charges for equity is 0.55% and intraday is Rs 20 per order whereas Geojit brokerage charges for equity is 0.30% and intraday is 0.03%.

Account Type	ICICIdirect ICICI Neo Plan	Geojit Online Traditional Plan
Fixed Charges	NA
Equity Delivery	0.55%	0.30%
Equity Intraday	Rs 20 per order	0.03%
Equity Futures	Rs 0 (Free)	0.01%
Equity Options	Rs 20 per order	Rs 50 per lot
Currency Futures	Rs 20 per order	0.01%
Currency Options	Rs 20 per order	Rs 50 per lot
Commodity Futures	Rs 20 per order	NA
Commodity Options	Rs 20 per order	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.	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.

ICICIdirect Vs Geojit Brokerage Plan 2

	ICICIdirect	Geojit
Account Type	I-Secure Plan	GTrade Max
Fixed Charges	NA
Equity Delivery	0.55%	0.30%
Equity Intraday	0.275%	Rs 20 per trade or 0.03% which is lower
Equity Futures	0.05%	Rs 40 per lot
Equity Options	Rs 95 per lot	Rs 20 per lot
Currency Futures	Rs 20 per order	Rs 40 per lot
Currency Options	Rs 20 per order	Rs 20 per lot
Commodity Futures	Rs 20 per order	NA
Commodity Options	Rs 20 per order	NA

ICICIdirect Charges Vs Geojit

Minimum Brokerage	Rs 35 per trade (I-Secure Plan)	1p per share or Rs 20/contract whichever is higher
Other Charges	Margin Trading Interest: 0.025% Per day	Intraday Auto Square off at Rs 20 per lot
Call & Trade Charges	Rs 50 per trade

ICICIdirect Vs Geojit Transaction Charges

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

	ICICIdirect	Geojit
Equity Delivery	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)	NSE Rs 325 per Cr (0.00325%) \| 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 325 per Cr (0.00325%) \| 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	Group A - Rs 260 per Cr (0.0026%)	NA

ICICIdirect Vs Geojit Leverage (Margin)

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

	ICICIdirect	Geojit
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)

Compare ICICIdirect and Geojit Features

The trading platforms offered ICICIdirect include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. Geojit offers Selfie Platinum, Selfie Gold, Mobile App trading software.

	ICICIdirect	Geojit
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App	Selfie Platinum, Selfie Gold, Mobile App
Intraday Square-off Time	3:30 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	Bullet Trading, Can trade in 32 exchanges through Saxo Trader

ICICIdirect Vs Geojit Review

ICICIdirect is rated 2.3 of 5 based on 482 customer reviews whereas Geojit is rated 3.6 of 5 based on 111 customer reviews.

	ICICIdirect	Geojit
	482 Customer Reviews	111 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	ICICIdirect is rated 2.3 of 5 based on 482 customer reviews	Geojit is rated 3.6 of 5 based on 111 customer reviews

Contact Broker / Request A Call Back

	ICICIdirect Enquire	Geojit 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.

ICICIdirect Vs Geojit Investment Options

	ICICIdirect	Geojit
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS	Insurance

ICICIdirect Vs Geojit Order Type Offered

	ICICIdirect	Geojit
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

ICICIdirect Vs Geojit Research Report

	ICICIdirect	Geojit
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

ICICIdirect Vs Geojit Suitable For Investor Type

	ICICIdirect	Geojit
Casual Investor
Active Investor
Trader

ICICIdirect Vs Geojit - Pros and Cons

	ICICIdirect	Geojit
Pros	Offers 3-in-1 account which makes stock market investment very easy for casual investors. Wide range of investment options available under one portal. Provides a low bandwidth website which works well where internet connection is slow. GTC (good till cancellation) and off-market hours order placement facility is very useful.	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.
Cons	ICICI Security charges highest brokerage in comparison to most of the retail brokers in India. Very high 'minimum brokerage' of Rs 35 per trade or 2.5% of the trade value whichever is lower. Poor performance of website is reported in peak hours of trading. Trading Terminal (Trade Racer) cost Rs 75 per month if brokerage paid in a month is less then Rs 750. Demat Account is mandatory. Call & trade cost extra Rs 50 per trade in Neo/Prime Plans.	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.
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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