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Geojit Vs Zerodha Vs Paytm Money: Which one is better?

The brokerage of Geojit ranges between .03 to .3%, the brokerage of Zerodha ranges between Rs 20, while the brokerage of Paytm Money ranges between Rs 20. The broker Zerodha and Paytm Money are a discount brokers where Geojit is a full service broker. Overall rating for Geojit is 4, Zerodha is rated 4.5, Paytm Money is rated 4 out of 5.

Here we present side-by-side comparison of Geojit vs Zerodha vs Paytm Money 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 Zerodha vs Paytm Money 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 Zerodha vs Paytm Money in this setion with 360 degree view of broker information.

Compare Geojit vs Zerodha vs Paytm Money on Service

  Geojit Compare
Geojit
Zerodha Compare
Zerodha
Paytm Money Compare
Paytm Money
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 NSE, BSE, MCX 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 Zerodha is India's leading discount broker offering free account opening, free equity and mutual fund investment, Rs 20 flat brokerage trading, and a user-friendly Kite trading platform. In a short span of time since 2017, Paytm Money became one of the fastest-growing brokers with its Rs. 20 maximum brokerage trading fee, and commission-free mutual fund investment on the simple, user-friendly, & transparent Paytm Money App & ... Know more about Paytm Money
Broker Enquiry Request call back from Zerodha Request call back from Zerodha Request call back from Paytm Money
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Account Opening Charges and AMC

Compare Geojit vs Zerodha vs Paytm Money on Trading & Demat Account Opening Charges

In this section we have compared Geojit vs Zerodha vs Paytm Money on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - Geojit charges Rs 700 PA as AMC for Demat account, Zerodha charges Rs 300 PA AMC for Demat account, where Paytm Money charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Geojit vs Zerodha vs Paytm Money
Charges Geojit Zerodha Paytm Money
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Rs 30 per month (Platform fees)
Demat Account Opening Fees Free Free 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 Zerodha vs Paytm Money on Plan Options

Plans are the most important feature you look when compare Geojit vs Zerodha vs Paytm Money. This section copare on high level about type of plans offered by brokers. Miltiple Plans - All 3 brokers don't have Multiple Plans, brokers offer only single plan. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare Geojit vs Zerodha vs Paytm Money on Plan Options
Plan Types Geojit Zerodha Paytm Money
Multiple Plans No No No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Zerodha Zerodha Paytm Money
Account Opening Request
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Brokerage Charges

Compare Geojit vs Zerodha vs Paytm Moneyon 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.

Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.

Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas mutual fund investment with Paytm Money is absolutely free of cost. The brokerage house offers online trading at a maximum Rs 20 per order brokerage fee, while if you already have an active demat and trading account with Paytm Money before 26 August, you will still enjoy trading across segments at a maximum brokerage of Rs 15 per executed order.

Brokerage Charges - Compare Geojit vs Zerodha vs Paytm Money
Brokerage Charges Compare Geojit Zerodha Paytm Money
Plan Name Online Trading Plan (Percentage Based) Max Rs 20 per order Trading Plan Flat Brokerage Plan
Equity Delivery 0.30% or 30 paisa Free 2.5% or Rs 20 whichever is lower
Equity Intraday 0.03% or 3 paisa 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower
Equity Futures 0.01% 0.03% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Equity Options Rs 50 Per Lot Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures 0.03% or 3 paisa 0.03% or Rs 20 whichever is lower NA
Currency Options Rs 50 Per Lot Flat Fee Rs 20 NA
Commodity Trading 0.05% (Buy and sell)| Options: Rs. 150/lot| Option Flat Fee Rs 20 NA
Minimum Brokerage 1p per share or Rs 20/contract whichever is higher NIL
Hidden Charges Info Not Available No
Funding Yes - 20% interest PA Info Not Available NA
Call & Trade Charges Free Rs 50 Per Executable Order Rs 100/order +GST
Auto Square off Charges Free Rs 50 Per Executable Order Rs 50/order + GST
Brokerage Calculator Brokerage Calculator for Geojit Brokerage Calculator for Zerodha Brokerage Calculator for Paytm Money
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Share Broker's Transaction Charges

Compare Geojit vs Zerodha vs Paytm Money on Transaction Charges

Compare Geojit vs Zerodha vs Paytm Money on transaction charges and PCM fee by segment.

Transaction Charges - Compare Geojit vs Zerodha vs Paytm Money
Transaction Charges Compare Geojit Zerodha Paytm Money
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 zerodha Complete Brokerage Plans for paytm-money
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Account Features

Compare Geojit vs Zerodha vs Paytm Money on Account Features

Compare Geojit vs Zerodha vs Paytm Money 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 offers margin funding where Zerodha and Paytm Money doesn't offers margin funding. NRI Trading - Geojit and Zerodha offers NRI Trading where Paytm Money doesn't offers NRI Trading.

Account Features - Geojit vs Zerodha vs Paytm Money
Account Features Compare Geojit Zerodha Paytm Money
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 Paytm Money 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 Yes Yes
Margin Trading Funding Available Yes No No
Combined Ledger for Equity and Commodity Yes Yes No
Intraday Square-off Time 3:15PM 3:20 PM 3:10 PM
NRI Trading Yes Yes No
Other Features NIL NIL NIL
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Trading Platform

Compare Geojit vs Zerodha vs Paytm Moneyon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Geojit vs Zerodha vs Paytm Money. 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 Zerodha vs Paytm Money
Trading Platform Compare Geojit Zerodha Paytm Money
Desktop Trading Platform SELFIE Platinum NA Paytm Money
Desktop Demo Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes No No
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://selfie.geojit.net/

Zerodha Kite Web

Paytm Money Web

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App SELFIE Geojit Zerodha Kite App Paytm Money App
Mobile Trading App Demo SELFIE Geojit Demo Zerodha Kite App Demo Paytm Money App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod SELFIE Geojit Download Andriod Zerodha Kite App Download Andriod Download
iPhone Mobile App (IOS) No Yes Yes
iOS App Download iOS SELFIE Geojit Download iOS Zerodha Kite App Download iOS Paytm Money App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) No Yes Yes
Trading Software Charges Free Free Rs. 30 per month
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Geojit Equity Intraday and Delivery Brokerage Calculator for Zerodha Equity Intraday and Delivery Brokerage Calculator for Paytm Money
Futures Brokerage Calculator Futures Brokerage Calculator for Geojit Futures Brokerage Calculator for Zerodha Futures Brokerage Calculator for Paytm Money
Options Brokerage Calculator Options Brokerage Calculator for Geojit Options Brokerage Calculator for Zerodha Options Brokerage Calculator for Paytm Money
Detail Detail on Trading Platforms for geojit Detail on Trading Platforms for zerodha Detail on Trading Platforms for paytm-money

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Broker Ratings by Users

Compare Geojit vs Zerodha vs Paytm Money on User Rating

  Geojit Zerodha Paytm Money
  79 Customer Reviews    Rate Geojit 160 Customer Reviews    Rate Zerodha 6 Customer Reviews    Rate Paytm Money
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 Zerodha is Rated 3.9 / 5 based on 160 customer reviews Paytm Money is Rated 3.0 / 5 based on 6 customer reviews
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Investment Offerings

Compare Geojit vs Zerodha vs Paytm Money on Investment Offerings

Compare Geojit vs Zerodha vs Paytm Money 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 Zerodha offers Commodity Trading where Paytm Money doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - Geojit offers PMS facility where Zerodha and Paytm Money doesn't offers PMS facility.

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

Compare Geojit vs Zerodha vs Paytm Money on Order Types

Order Type - Compare Geojit vs Zerodha vs Paytm Money 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) - Zerodha and Paytm Money provides Cover Orders (CO) facility where Geojit doesn't provides Cover Orders. Bracket Orders (BO) - Paytm Money provides Bracket Orders (BO) facility where Geojit and Zerodha doesn't provides Bracket Orders. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - All 3 brokers offers Good Till Cancelled (GTC) orders, which means you place buy or sell equity limit order and your order remains in system until it executed or reaches the specified numbers of days.

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

Compare Geojit vs Zerodha vs Paytm Money on Customer Service

Compare Geojit vs Zerodha vs Paytm Money 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 Zerodha vs Paytm Money
Customer Service Compare Geojit Zerodha Paytm Money
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No No No
Phone Support Yes Yes No
Toll Free Number Yes No No
Through Branches Yes Yes No
Customer Care Number 1800-425-5501/1800-103-5501/91-484-2405822 "+ 91 80 4040 2020" NA
Account Opening Process Offline Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://insights.geojit.com/ https://zerodha.com/varsity/ https://www.paytmmoney.com/care
Head Office Address Geojit Financial Services Ltd.
34/659-P,
Civil Line Road Padivattom,
Kochi 682024
Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Paytm Money Stock Broking
Essae Vaishnavi Summit
Ground Floor, Koramangla,
80 Feet Road, Bengaluru - 560034
Website https://www.geojit.com/ https://zerodha.com/ https://www.paytmmoney.com/
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Tips/Research/Reports Published

Compare Geojit vs Zerodha vs Paytm Money on Research Reports, Tips

Compare Geojit vs Zerodha vs Paytm Money on research reports and tips provided by broker.

Research Reports - Compare Geojit vs Zerodha vs Paytm Money
  Geojit Zerodha Paytm Money
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 Zerodha vs Paytm Money on Demat Account

Compare Geojit vs Zerodha vs Paytm Money on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Geojit vs Zerodha vs Paytm Money
  Geojit Zerodha Paytm Money
DP Source CDSL CDSL CDSL
DP ID 48900 81600 12088800
Demat Account Annual Maintenance Charges(AMC) ₹600 pa ₹300 pa Zero
Advance Deposit NIL Nil Nil
Statutory charges Nil ₹50 Nil
Transaction Charges on Debit (Per ISIN) 0.02% of transaction value (Max ₹40) + CDSL charges ₹8 + ₹5.50 (CDSL Charges) per transaction ₹10 per ISIN
Demat ₹100 per demat request max 5 + ₹20 each additional certificate ₹150 per certificate + ₹100 courier charges ₹250 per 100 shares
Remat ₹10 per certificate or ₹10 per certificate which ever is higher + ₹35 courier charges ₹150 per certificate + ₹100 courier charges + CDSL Charges ₹250 per 100 shares
Pledge Creation ₹50 per transaction ₹20 + ₹12 CSDL charges ₹32 per ISIN
Pledge Creation Confirmation Nil Nil Nil
Pledge Closure Nil ₹20 + ₹12 CSDL charges ₹32 per ISIN
Pledge Closure Confirmation Nil Nil Nil
Pledge Invocation ₹50 per transaction ₹20 ₹32 per ISIN
Failed Instruction Charges Nil ₹50 per instraction Nil
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Geojit vs Zerodha vs Paytm Money on Special Offers and Promotion

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

Compare Geojit vs Zerodha vs Paytm Money on Special Offers and Promotion
  Geojit Zerodha Paytm Money
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, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Kite
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Upto 24 Hrs except Bank Holidays. Max 24 hrs except for bank holidays Max 24 hrs except bank holidays
Bank Supported and Charges Info Not Available Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI). Paytm Money allows 190+ Banks.
Bank Detail Info Not Available HDFC Bank
Account#ZERNSE
Branch: Sandoz Branch, Mumbai
IFSC Code:HDFC0000240
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...

You will enjoy many benefits or advantages while trading with Zerodha;

  • Rs 0 brokerage on investment in stocks
  • Flat Rs 20 intraday and F&O trades
  • Invest in direct mutual funds for free
  • Instant and paperless account opening and closure
  • Mainboard and SME IPO Apply via UPI
  • Modern platforms and apps for free of cost
  • Varsity, a free stock market learning platform
  • No upfront fee required
  • Advance orders; Basket order, Cover order (CO), After market order, GTT, etc.
  • Zero-level Debt Company.

Detail Review...

  • 100% paperless KYC process
  • No annual maintenance charges on Demat Account
  • Free account opening at no cost
  • Brokerage-free investment in direct mutual funds
  • Transparent pricing model of Rs 20 brokerage
  • One-tap investment in IPO
  • User-friendly platforms with ease of investment
  • Swift and secure UPI payment
  • Bracket order, cover order, GTT order, and OCO order

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...

  • No intraday tips, equity research and advisory
  • No unlimited zero brokerage plan for intraday traders
  • No 3-in-1 account
  • Software glitches in Kite happens at certain times.
  • No Installable trading terminal
  • Zerodha has a separate platform for every investment product i.e., Kite for stocks, coin for mutual fund, Golden Pi for bonds, etc.

Detail Review...

  • No commodity and currency trading
  • Does not offer NRI trading
  • Its platform are not free of cost.
  • No 3-in-1 account opening facility.
  • Does not offer Rs 0 brokerage unlimited monthly trading plans.
  • Delivery trading is not free
  • No trading terminal offered
  • No branch or customer support
  • High call & trade charge

Detail Review...

Special Offers/Promo Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges.
Enquire for Geojit Enquire for Zerodha Enquire for Paytm Money

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