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Geojit Vs TradeSmart Vs Groww: Which one is better?

The brokerage of Geojit ranges between .03 to .3%, the brokerage of TradeSmart ranges between Rs 15, while the brokerage of Groww ranges between Rs 20. The broker TradeSmart and Groww are a discount brokers where Geojit is a full service broker. Overall rating for Geojit is 4, TradeSmart is rated 4, Groww is rated 4 out of 5.

Here we present side-by-side comparison of Geojit vs TradeSmart vs Groww stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Geojit vs TradeSmart vs Groww on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better Geojit vs TradeSmart vs Groww in this setion with 360 degree view of broker information.

Compare Geojit vs TradeSmart vs Groww on Service

  Geojit Compare
Geojit
TradeSmart Compare
TradeSmart
Groww Compare
Groww
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX NSE, BSE
Broker Overview Open a Free Demat Account online with Geojit BNP Paribas today to start online trading on the state-of-the-art trading platforms; SELFIE app, web, and desktop terminal, and also get financial planning, portfolio management services, and get free acce... Know more about Geojit Open TradeSmart Account to trade at either 0.007% or Rs. 15 lowest flat brokerage charges on the best platforms (SINE mobile app and trading website, and TradeSmart App), and get active customer support. Groww is the top broker for beginners to invest in direct mutual funds for Free and trade in stocks at a Rs 20 flat fee! Also, its easy-to-use, crystal clear user interface, and safe & secure Groww app and web-based platform makes investing hassl... Know more about Groww
Broker Enquiry Request call back from Zerodha Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Geojit vs TradeSmart vs Groww on Trading & Demat Account Opening Charges

In this section we have compared Geojit vs TradeSmart vs Groww on trading & demat account opening charges and AMC. Trading account opening charges - Geojit and Groww offer Free account opening where TradeSmart charges Rs 200 for account opeing. Demat AMC charges - Geojit charges Rs 700 PA as AMC for Demat account, TradeSmart charges Rs 300 PA AMC for Demat account, where Groww charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Geojit vs TradeSmart vs Groww
Charges Geojit TradeSmart Groww
Trading Account Opening Fees Free Rs 200 Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Rs 200 Free
Demat AMC Rs 700 PA Rs 300 PA Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Geojit vs TradeSmart vs Groww on Plan Options

Plans are the most important feature you look when compare Geojit vs TradeSmart vs Groww. This section copare on high level about type of plans offered by brokers. Miltiple Plans - TradeSmart offers Multiple Plans where Geojit and Groww doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare Geojit vs TradeSmart vs Groww on Plan Options
Plan Types Geojit TradeSmart Groww
Multiple Plans No Yes No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Zerodha Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Geojit vs TradeSmart vs Growwon Brokerage Charges

Geojit Brokerage Plan detail - This is a standard plan by Geojit This is % based brokerage plan.This is % based brokerage plan. Brokerage is between .03% to .3%, which is 3 paisa to 30 paisa.

TradeSmart Brokerage Plan detail - 15 Rs Flat-rate power plan is good for big volume trader. This plan is good for traders who are not doing frequent trades but doing volume trade. This plan comes with up to 30x exposure on Equity.

Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.

Brokerage Charges - Compare Geojit vs TradeSmart vs Groww
Brokerage Charges Compare Geojit TradeSmart Groww
Plan Name Online Trading Plan (Percentage Based) Flat Fee Rs 15 Trading Plan (Power Plan) Flat Brokerage Plan
Equity Delivery 0.30% or 30 paisa Flat Fee Rs 15 0.05% or Rs 20 whichever is lower
Equity Intraday 0.03% or 3 paisa Flat Fee Rs 15 0.05% or Rs 20 whichever is lower
Equity Futures 0.01% Flat Fee Rs 15 Flat Fee Rs 20
Equity Options Rs 50 Per Lot Flat Fee Rs 15 Flat Fee Rs 20
Currency Futures 0.03% or 3 paisa Flat Fee Rs 15 Not Available
Currency Options Rs 50 Per Lot Flat Fee Rs 15 Not Available
Commodity Trading 0.05% (Buy and sell)| Options: Rs. 150/lot| Option Flat Fee Rs 15 Not Available
Minimum Brokerage 1p per share or Rs 20/contract whichever is higher
Hidden Charges Info Not Available No
Funding Yes - 20% interest PA No NA
Call & Trade Charges Free Rs 20 per executed Order Rs 50 Per Executable Order
Auto Square off Charges Free Rs 20 per executed Order Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for Geojit Brokerage Calculator for TradeSmart Brokerage Calculator for Groww
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Share Broker's Transaction Charges

Compare Geojit vs TradeSmart vs Groww on Transaction Charges

Compare Geojit vs TradeSmart vs Groww on transaction charges and PCM fee by segment.

Transaction Charges - Compare Geojit vs TradeSmart vs Groww
Transaction Charges Compare Geojit TradeSmart Groww
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for geojit Complete Brokerage Plans for trade-smart-online Complete Brokerage Plans for groww
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Account Features

Compare Geojit vs TradeSmart vs Groww on Account Features

Compare Geojit vs TradeSmart vs Groww on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - All 3 brokers offers 2-in-1 account which includes trading and demat account. Margin Funding - Geojit and Groww offers margin funding where TradeSmart doesn't offers margin funding. NRI Trading - Geojit offers NRI Trading where TradeSmart and Groww doesn't offers NRI Trading.

Account Features - Geojit vs TradeSmart vs Groww
Account Features Compare Geojit TradeSmart Groww
3 in 1 Account No Geojit have 2-in-1 account. Only Demate and Trading account. No Geojit have 2-in-1 account. Only Demate and Trading account. No Groww have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No Yes No
SMS Alerts Yes No No
Online Demo Yes Yes No
Online Portfolio Yes No Yes
Margin Trading Funding Available Yes No Yes
Combined Ledger for Equity and Commodity Yes Yes No
Intraday Square-off Time 3:15PM 3:15PM 3:10 PM
NRI Trading Yes No No
Other Features NIL NIL NIL
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Trading Platform

Compare Geojit vs TradeSmart vs Growwon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Geojit vs TradeSmart vs Groww. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare Geojit vs TradeSmart vs Groww
Trading Platform Compare Geojit TradeSmart Groww
Desktop Trading Platform SELFIE Platinum NEST Trader & Fox Trader Groww App
Desktop Demo Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes No
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://selfie.geojit.net/

https://sine.tradesmartonline.in/userMaster/login

Yes

Web Trading Demo Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App SELFIE Geojit Sine Groww App
Mobile Trading App Demo SELFIE Geojit Demo Sine Demo Info Not Available
Android Mobile App Yes Yes Yes
Android App Download Andriod SELFIE Geojit Download Andriod Sine Download Andriod Download
iPhone Mobile App (IOS) No Yes Yes
iOS App Download iOS SELFIE Geojit Download iOS Sine Download iOS Groww App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) No Yes Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Geojit Equity Intraday and Delivery Brokerage Calculator for TradeSmart Equity Intraday and Delivery Brokerage Calculator for Groww
Futures Brokerage Calculator Futures Brokerage Calculator for Geojit Futures Brokerage Calculator for TradeSmart Futures Brokerage Calculator for Groww
Options Brokerage Calculator Options Brokerage Calculator for Geojit Options Brokerage Calculator for TradeSmart Options Brokerage Calculator for Groww
Detail Detail on Trading Platforms for geojit Detail on Trading Platforms for trade-smart-online Detail on Trading Platforms for groww

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Broker Ratings by Users

Compare Geojit vs TradeSmart vs Groww on User Rating

  Geojit TradeSmart Groww
  79 Customer Reviews    Rate Geojit 34 Customer Reviews    Rate TradeSmart 8 Customer Reviews    Rate Groww
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Geojit is Rated 3.7 / 5 based on 79 customer reviews TradeSmart is Rated 4.0 / 5 based on 34 customer reviews Groww is Rated 4.3 / 5 based on 8 customer reviews
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Investment Offerings

Compare Geojit vs TradeSmart vs Groww on Investment Offerings

Compare Geojit vs TradeSmart vs Groww on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Geojit and TradeSmart offers Commodity Trading where Groww doesn't offers Commodity Trading. Online Mutual Fund Investment - Geojit and Groww offers online mutual fund investment where TradeSmart doesn't offers mutual fund investment. Portfolio Management Services (PMS) - Geojit offers PMS facility where TradeSmart and Groww doesn't offers PMS facility.

Investment Offerings - Compare Geojit vs TradeSmart vs Groww
Investment Offerings Compare Geojit TradeSmart Groww
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes No
Commodity Yes Yes No
Online IPO Application No No Yes
Mutual Funds Yes No Yes
Bond / NCD Yes No No
ETF Yes Yes Yes
Banking No No No
Insurance Yes No No
Forex No No No
MF SIP Investment Yes No Yes
Equity SIP Investment Yes No No
PMS Service Yes No No
Other Investment Options Insurance NIL NIL
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Order Types

Compare Geojit vs TradeSmart vs Groww on Order Types

Order Type - Compare Geojit vs TradeSmart vs Groww on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - TradeSmart provides Cover Orders (CO) facility where Geojit and Groww doesn't provides Cover Orders. Bracket Orders (BO) - TradeSmart provides Bracket Orders (BO) facility where Geojit and Groww doesn't provides Bracket Orders. After Market Orders (AMO) - Geojit and TradeSmart AMO facility where Groww doesn't provides AMO. GTC Orders - Geojit offers Good Till Cancelled (GTC) orders facility where TradeSmart and Groww doesn't provides GTC.

Order Types - Compare Geojit vs TradeSmart vs Groww
Order Type Compare Geojit TradeSmart Groww
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order No Yes No
Bracket order No Yes No
AMO-After Market Orders Yes Yes No
GTC-Good Till Cancelled Yes No No
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Customer Service Offered

Compare Geojit vs TradeSmart vs Groww on Customer Service

Compare Geojit vs TradeSmart vs Groww on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare Geojit vs TradeSmart vs Groww
Customer Service Compare Geojit TradeSmart Groww
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No Yes Yes
Phone Support Yes Yes Yes
Toll Free Number Yes No No
Through Branches Yes No No
Customer Care Number 1800-425-5501/1800-103-5501/91-484-2405822 022 61208000 9108800604
Account Opening Process Offline Online/Paperless Online
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://insights.geojit.com/ https://help.tradesmartonline.in/ https://groww.in/academy
Head Office Address Geojit Financial Services Ltd.
34/659-P,
Civil Line Road Padivattom,
Kochi 682024
Trade Smart Online,
A-401, Mangalya,
Marol Maroshi Road,
Andheri East,
Gamdevi, Marol,
Andheri East,
Mumbai, MH 400059
Groww Head Office
1st Floor, Proms Complex, SBI Colony,
1 A Koramangala, 560034
Website https://www.geojit.com/ https://tradesmartonline.in/ https://groww.in/
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Tips/Research/Reports Published

Compare Geojit vs TradeSmart vs Groww on Research Reports, Tips

Compare Geojit vs TradeSmart vs Groww on research reports and tips provided by broker.

Research Reports - Compare Geojit vs TradeSmart vs Groww
  Geojit TradeSmart Groww
Research Mutual Funds Yes No No
Research Equity Reports Yes No No
Research ETF Yes No No
Daily Market Report Yes No No
Free Tips Yes No No
Quarterly Result Analysis Yes No No
News Alerts Yes No No
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Demat Account

Compare Geojit vs TradeSmart vs Groww on Demat Account

Compare Geojit vs TradeSmart vs Groww on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Geojit vs TradeSmart vs Groww
  Geojit TradeSmart Groww
DP Source CDSL CDSL CDSL
DP ID 48900 30400 No
Demat Account Annual Maintenance Charges(AMC) ₹600 pa ₹300 pa Zero
Advance Deposit NIL NIL Nil
Statutory charges Nil Nil Legal Charges
Transaction Charges on Debit (Per ISIN) 0.02% of transaction value (Max ₹40) + CDSL charges ₹25 ₹8 + ₹5.50 CDSL charges
Demat ₹100 per demat request max 5 + ₹20 each additional certificate ₹500 per certificate (Min ₹500 per request) ₹150 per certificate + courier charges
Remat ₹10 per certificate or ₹10 per certificate which ever is higher + ₹35 courier charges ₹500 per certificate (Min ₹500 per request) ₹150 per certificate + courier charges
Pledge Creation ₹50 per transaction ₹200 per script
₹50 for trading margin each side
₹20 + Rs. 12 per request (CDSL Charges)
Pledge Creation Confirmation Nil Nil ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure Nil ₹200 per script ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure Confirmation Nil Nil ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Invocation ₹50 per transaction ₹200 per script ₹20 + Rs. 12 per request (CDSL Charges)
Failed Instruction Charges Nil Nil ₹50
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Geojit vs TradeSmart vs Groww on Special Offers and Promotion

Compare Geojit vs TradeSmart vs Groww on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Geojit vs TradeSmart vs Groww on Special Offers and Promotion
  Geojit TradeSmart Groww
Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SELFIE Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SIGN Mobile, SIGN Web and NEST Software.
Pay-out/Fund Withdrawal - Bank Transfer only.
pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Upto 24 Hrs except Bank Holidays. Up to 24 Hrs except Bank Holidays. Max 24 hrs except bank holidays
Bank Supported and Charges Info Not Available Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms. Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform.
Bank Detail Info Not Available VNS Finance and Capital Services Ltd.,
Account Number:VNS095XXXXXXX
Bank and Branch: Yes Bank,CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
NA
Likes
  • Trade and invest in stocks, derivatives, commodities, and currencies.
  • Zero account opening charges and Zero AMC.
  • 3-in-1 account opening.
  • Invest in smartfolios, a basket of stocks.
  • Diversify your portfolio with global investment.
  • In-depth stocks and mutual fund research access for free.
  • STEPS, comprehensive financial planning, and investment advisory
  • Apply for IPO and invest in mutual funds.
  • Secure & user-friendly SELFIE superfast platform in web, app, and desktop versions.
  • FundsGenie, a dedicated mutual fund app platform.
  • Great quality customer care support.
  • 4x exposure on Margin trading facility (MTF).
  • Place buy and sell GTT order.
  • Loans against shares.

Detail Review...

Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading?

  • Trade in stocks, derivatives, currencies, and commodities.
  • Lowest brokerage: Trade at 15 flat brokerage fees.
  • Multiple trading platforms: SINE, TradeSmart App, Nest Trader, Fox Trader, etc.
  • Super-efficient Trade Smart Box integrated back office portal.
  • Tradetron Algo Trading with TradeSmart.
  • No minimum balance is required.
  • Instant UPI fund transfer.
  • Free of cost Swing API.
  • Apply for IPOs online using UPI.
  • Online Direct mutual fund investment at Rs.0 brokerage.
  • Online brokerage calculator to calculate trading cost upfront.
  • TradeSmart blogs, newsroom, and Knowledge hub for beginners to experts.
  • Advanced orders like bracket order (BO), cover order (CO), and after-market order (AMO).
  • Margin against shares (MAS) in your Demat account.
  • No Hidden charges.

Detail Review...

  • Trade or invest in equity, F&O, mutual funds, IPO, US Stocks
  • Rs 0 account opening fee with no AMC
  • Best UI Interface-enabled app and website
  • Equity and F&O trading at Rs 20 maximum brokerage
  • No cost investment in direct mutual funds.
  • TradingView charts and wide range of technical indicators
  • Advance orders like GTT, Target order, and Basket order
  • Get instant and flexible loans on Groww
  • Get the latest trending news and updates on the Groww Digest

Detail Review...

Dislikes
  • Geojit charges relatively high brokerage compared to other full-service brokers like Angel One, Edelweiss.
  • FundsGenie mutual fund app is not available for iOS platform users.

Detail Review...

There are several disadvantages or limitations as well of trading with TradeSmart such as follows;

  • You cannot invest in SME IPOs.
  • TradeSmart App is only available on the Play Store.
  • NRIs cannot open a Demat and Trading account at Trade smart.
  • It does not provide trading tips, research, and portfolio management services.

Detail Review...

  • Does not offer commodity and currency trading
  • No desktop trading terminal
  • Bracket order and cover order are not available
  • No intraday trading tips and stock research reports
  • NRIs cannot open an account in Groww

Detail Review...

Special Offers/Promo Free Account Opening, Rs 400 Waived for a limited time.
Enquire for Geojit Enquire for TradeSmart Enquire for Groww

Last Updated on 2023-09-12T06:18:34+00:00