India Infoline vs Geojit BNP Paribas – Point by Point Comparison

Both the companies allow full service brokerage which is common and useful for every client. Both the companies offer exchanges such as BSE, NSE, and MCX. Cost for opening a new account in Indian Infoline is 750 INR whereas in Geojit BNP Paribas is 800 INR. Money charged for opening a Demat account is free for Geojit BNP Paribas but Indian Infoline charges 555 INR. Both the companies charge an annual maintenance cost of a Demat account which is 300 INR and 350 INR resp. Submission of all the broker charges comes around 0.5% to 0.6% of the total investment. This percentage is very less for Indian Infoline and Geojit BNP Paribas but the amount becomes quite large. But if it’s operated by an experienced person, then the profit eared is very large. Transaction charges vary about 0.10 to 0.15 for these companies which are low from other companies. Overall both the companies hold a good position in the share market. Both the companies provide current status of the market and predict the situation of the market in the near future. Trading platform used in Indian Infoline is Trader Terminal and in Geojit BNP Paribas it is Flip Platinum.

    India Infoline Geojit BNP Paribas
Basic Information Type of Broker Full Service Broker Full Service Broker
Fees for Opening Trading Account Rs. 750 Rs. 800
Annual Maintenance Charges of Trading Account NA Nil
Fees for Opening Demat Account Rs. 555 Nil
Annual Maintenance Charges of Demat Account Rs. 300 Rs. 350
Brokerage Charges Equity Delivery Charges 0.50% 0.30%
Equity Intraday Charges 0.05% 0.03%
Equity Future Charges 0.05% 0.03%
Equity Options Charges Rs. 100 per lot or 1% on premium, whichever is higher Rs. 75 per lot
Currency Futures Charges 0.05% Rs. 10 to Rs. 15 (vary as per contract)
Currency Options Charges Rs. 100 per lot or 1% on premium, whichever is higher Rs. 10 to Rs. 15 (vary as per contract)
Commodity Charges 0.05% NA
Minimum Brokerage Charges Rs. 0.05 per share Re. 0.01 per share or Rs. 20 per contract, whichever is higher
Transaction Charges Equity Delivery 0.00% 0.00%
Equity Intraday 0.00% 0.00%
Equity Futures 0.00% 0.00%
Equity Options 0.051% on Premium 0.055% on Premium
Currency Futures 0.00% 0.00%
Currency Options 0.051% on Premium 0.0473% on Premium
Commodity 0.00% NA
Features 3-in-1 Account N N
Mobile Trading Y Y
Acceptance of Orders After Trading Hours NA Y
SMS Alerts Y Y
Online Demo Y Y
Online Portfolio Y Y
Trading Platform Trader Terminal Flip Platinum
Investment Services Stock/ Equity Y Y
Commodity Y N
Currency Y Y
IPO (Initial Public Offers) Y Y
Mutual Funds Y Y
Debt Y Y
Customer Support 24/7 Customer Support N N
Email Y Y
Phone Y Y
Online Live Chat N N
Branch Support Y Y
Reports Daily  Market Report Y Y
Quarterly Analysis of Results Y Y

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