Geojit

One of the largest stock brokers based in India is Geojit BNP Paribas (Geojit), which was founded in 1987. Geojit is headquartered in Kochi, Kerala, and is well-known throughout the Gulf.

With years of experience in both portfolio management services and the distribution of financial goods, such as mutual funds and life insurance, Geojit BNP Paribas is a cash stock and derivatives broker.

Through a robust network of 500 branches, its cutting-edge online trading portal, and the NSE and BSE stock exchanges, Geojit offers stock trading services.

The shares of Geojit BNP Paribas, a firm that is listed on the stock market, are traded at the NSE (GEOJIT) and BSE (532285).

The company’s name has changed over the years from Geojit Securities Ltd. to Geojit Financial Services Ltd. (GFSL), and as of April 2009, it is now Geojit BNP Paribas Financial Services LTD.

Geojit Charges 2023

• One-time charges for opening a trading account: rs 0 (free)
• Trading Rs 0 (Free) Annual Maintenance Charges (AMC)
• One-time Demat Account Opening Fees: Rs. 100 (for Agreement Stamp Paper).
• Rs. 400 in Demat Account Annual Maintenance Fees (AMC)

Geojit Brokerage Charges

1. Traditional Plan (Online Plan)

• • Equity Delivery: 0.30%
  • Equity Intraday: 0.03%
  • Equity Futures: 0.01%
  • Equity Options: Rs 50 per lot

1. GTrade Max Plan

• • Equity Delivery: 0.30%
  • Equity Intraday: Rs 20 per order or 0.03% which is lower
  • Equity Futures: Rs 40 per lot (*Slab Rate)
  • Equity Options: Rs 20 per lot (*Slab Rate)

 G-Trade Max Brokerage Plan Slabs

Geojit Trading Platforms  (Geojit Trading Software)

Self-Directed Trading & Investment Platform (SELFIE) is an advanced online investment platform provided by Geojit BNP Paribas. The Geojit trading platform provides trading apps for the Web, mobile devices, and Virtual Dealer Terminal (SEFIE Platinum).

Two trading programmes are available from Geojit BNP Paribas for their stock trading services:

1. SELFIE Gold

A trading website (browser-based trading programme) is called SELFIE Gold. All online customers can use this trading application for FREE, and it provides a consistent user experience across all devices. A real-time news collection and visualisation engine, market intelligence & research calls, and an integrated Security view with quotes, charts, news, recommendations, MBP, F&O Chains & Order windows are all part of SELFIE Gold’s core features.

2. SELFIE Platinum

A virtual dealer terminal (installable EXE programme) is the SELFIE Platinum platform. It is intended for traders who are active. The ability to customise the screen layout, quick trade execution, and tick-by-tick updating of the index chart are some of SELFIE Platinum’s key features.

Additional Information

Advantages and Disadvantages of Geojit

Advantages of Geojit

The benefits of Geojit are as follows. Before creating a Geojit account, you must study the benefits and drawbacks. The pros and drawbacks of Geojit can help you decide if it will meet your investing needs.

• Free information and suggestions.
• Opening an account is free.
• In the GTrade Max plan, intraday trading brokerage is Rs 20 per deal.
• Four times exposure via MTF
• 472 branches are available for customer service.
• Excellent internet trading platforms; offices to assist NRI investors in the UAE, Oman, Bahrain, and Kuwait.

Advantages of Nuvama (Edelweiss)

The drawbacks of Geojit are as follows. View the list of Geojit’s shortcomings.

• High minimum brokerage charges of Rs 20 per lot or 1 paisa per share, whichever is higher;
• High brokerage charges across all segments in comparison to other full-service brokers like Angel Broking, IIFL, and Edelseiss.

Geojit Complaint

The quantity of Geojit consumer complaints that the exchanges have received. The Geojit customer complaint report aids in analysing the quality and dependability of service provided by Geojit BNP Paribas.