Geojit Vs Upstox
Geojit
Geojit Review gives an overall view and updates about the Geojit Brokerage Charges, Geojit Margin, Geojit Trading Software 2024, Geojit Demat Account Charges and it also gives overview on Geojit NRI Account, Geojit Branches, Geojit Customer Complaints, Geojit Advantages and Disadvantages, Geojit Research and Advisory services, Geojit Financial Products as well as strong presence in Indian Brokerage Industry
Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.
Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.
Geojit Vs Upstox - Broker Details
| Geojit | Upstox | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1987 | 2009 |
| Exchanges | BSE, NSE, MCX, NCDEX | BSE, NSE and MCX |
| Branches | 540+ | Zero |
| Brokerage | 0.03 % | ₹20/ Order or 0.05% (Whichever is lower) |
| Broker Type | Full Service Broker | Discount Broker |
Geojit Vs Upstox - Account Opening & AMC Charges
| Geojit | Upstox | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹400/- per annum | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Geojit Vs Upstox - Brokerage charges & Plans
| Geojit | Upstox | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | 0.03 % | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | Invest Max:-0.30% |Trade Max:-0.30% |Trade Crash:-0.30% | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | Invest Max:-50/Lot|Trade Max:-₹20/Lot(Slab Rate)|Trade Crash:-50/Lot | ₹20/ Order |
| Commodity Options | ₹50/ Lot | ₹20/ Order |
| Equity Futures | Invest Max:-0.01% | Trade Max:-₹40/Lot(Slab Rate) | Trade Crash:- 0.03% | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹50/ Lot | ₹20/ Order |
| Fixed Charges | Invest Max:-0.30% |Trade Max:-₹20/Order or 0.03%(Which ever lower) |Trade Crash:-₹20/Order or 0.03% (Which ever lower) | ₹20/ Order |
| Equity Intraday | Invest Max:-0.30% |Trade Max:-₹20/Order or 0.03%(Which ever lower) |Trade Crash:-₹20/Order or 0.03% (Which ever lower) | ₹20/ Order or 0.05% (whichever is lower) |
Geojit Vs Upstox - Other Charges
| Geojit | Upstox | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Lot | (₹50 + GST) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Lot | (₹50 + GST) |
| Other Brokerage Charges | 0.03 % | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | ₹20/Order | ₹20/ Order |
Geojit Vs Upstox - Transaction Charges
| Geojit | Upstox | |
|---|---|---|
| Currency Options | ₹4730/Cr (0.0473%) on premium | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% |
| Equity Futures | ₹210/Cr (0.0021%) | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% |
| Equity Intraday | ₹325/Cr (0.00325%) | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | ₹5500/Cr (0.05%) | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% |
| Commodity | N/A | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | ₹145/Cr (0.00145%) | NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
| Equity Delivery | ₹325/Cr (0.00325%) | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
Geojit Vs Upstox - Margin (Exposure)
| Geojit | Upstox | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | Option Sell: 1x | Option Buying: No Margin |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | Option Sell: 1x | Option Buying: No Margin |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Geojit Vs Upstox - Features
| Geojit | Upstox | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM |
| Trading Platform | 1.Selfie Geojit- Mobile app 2.Hello Geojit - Finacial service app 3. Geojit SELFIE PLATINUM | 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Geojit Vs Upstox - Review & Rating
| Geojit | Upstox | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Geojit Vs Upstox - Request a call back from Broker
| Geojit | Upstox | |
|---|---|---|
Geojit Vs Upstox - Investment Options
| Geojit | Upstox | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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Geojit Vs Upstox - Order Type
| Geojit | Upstox | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Geojit Vs Upstox - Research & Report
| Geojit | Upstox | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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Geojit Vs Upstox - Daily Market Report
| Geojit | Upstox | |
|---|---|---|
| Daily Market Reports & News |
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Geojit Vs Upstox - Suitable For Investor
| Geojit | Upstox | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Geojit Vs Upstox - Pros & Cons
| Geojit | Upstox | |
|---|---|---|
| Pros | 1.Free research and recommendations. 2.Free account opening. 3.Excellent online trading platforms 4 No hidden charges | 1.Brokerage free trading in Equity delivery segment. 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4. Availability of stop loss in both web and mobile. 5. Availability of multiple indicators to monitor market. 6. Upstox bridge for Amibroker helps to code and execute the trading strategies. 7. Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. 8.Availability of Margin against shares. |
| Cons | 1.It does not provide the facility of 3-in-1 account, Portfolio Management Service (PMS), tips and research report and an online IPO. | 1. Unavailability of unlimited monthly trading plans. 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades. |
Geojit Vs Upstox - Background
| Geojit | Upstox | |
|---|---|---|
Geojit Vs Upstox - Compare All Brokers
| Geojit | Upstox | |
|---|---|---|
Geojit Vs Upstox - STT/CTT
| Geojit | Upstox | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% on sell trade |
Geojit Vs Upstox - Demat transaction charges
| Geojit | Upstox | |
|---|---|---|
| Equity Demat Transaction Charges | 0.02% of transaction value (minimum ₹15) | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Geojit Vs Upstox - GST
| Geojit | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Geojit Vs Upstox - SEBI Charges
| Geojit | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Geojit Vs Upstox - Account Opening & AMC Charges
Geojit
Upstox
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400/- per annum
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Geojit Vs Upstox
| Geojit | Upstox | |
|---|---|---|
Geojit Financial Services Limited Review | Brokerage Charges, Account OpeningInvestment is the key of prosperous life but investing is not easy as it depends on experience and perception. Investing in the stock market can be right or wrong, it doesn’t matter but the only thing matters how much you earned when you were right and how much you lost when you were wrong. A broker is a mediator between .. + " Vs "+ Upstox |
Upstox Review 2024 - Brokerage Charges, Account Opening, MarginUpstox (which was earlier known as RKSV securities) is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. |
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Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.
Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.
Geojit Vs Upstox - Brokerage charges & Plans
| Geojit | Upstox | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | 0.03 % | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | Invest Max:-0.30% |Trade Max:-0.30% |Trade Crash:-0.30% | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | Invest Max:-50/Lot|Trade Max:-₹20/Lot(Slab Rate)|Trade Crash:-50/Lot | ₹20/ Order |
| Commodity Options | ₹50/ Lot | ₹20/ Order |
| Equity Futures | Invest Max:-0.01% | Trade Max:-₹40/Lot(Slab Rate) | Trade Crash:- 0.03% | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹50/ Lot | ₹20/ Order |
| Fixed Charges | Invest Max:-0.30% |Trade Max:-₹20/Order or 0.03%(Which ever lower) |Trade Crash:-₹20/Order or 0.03% (Which ever lower) | ₹20/ Order |
| Equity Intraday | Invest Max:-0.30% |Trade Max:-₹20/Order or 0.03%(Which ever lower) |Trade Crash:-₹20/Order or 0.03% (Which ever lower) | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
Geojit Vs Upstox - Margin (Exposure)
| Geojit | Upstox | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | Option Sell: 1x | Option Buying: No Margin |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | Option Sell: 1x | Option Buying: No Margin |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Geojit Vs Upstox - Other Charges
| Geojit | Upstox | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Lot | (₹50 + GST) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Lot | (₹50 + GST) |
| Other Brokerage Charges | 0.03 % | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | ₹20/Order | ₹20/ Order |
Geojit Vs Upstox - STT/CTT
| Geojit | Upstox | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% on sell trade |
Geojit Vs Upstox - Demat transaction charges
| Geojit | Upstox | |
|---|---|---|
| Equity Demat Transaction Charges | 0.02% of transaction value (minimum ₹15) | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Geojit Vs Upstox - GST
| Geojit | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Geojit Vs Upstox - SEBI Charges
| Geojit | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Geojit Vs Upstox - Features
| Geojit | Upstox | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM |
| Trading Platform | 1.Selfie Geojit- Mobile app 2.Hello Geojit - Finacial service app 3. Geojit SELFIE PLATINUM | 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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