ShareKhan vs Geojit BNP Paribas – Point by Point Comparison

While searching a company offering full service brokerage, lots of parameters are to be considered. It must have a branch in at least the main cities of India and how frequently they keep connections with the client. Keeping in mind these conditions, SharekKhan and Geojit BNP Paribas fall in this category. Both the companies charges Rs. 750 and Rs. 800 respectively. Annual maintenance charge by Sharekhan is Rs. 450 and it’s free for the other one. No cost is charged by both the companies for opening a Demat account. But annual maintenance cost is charged by SharekKhan and Geojit BNP Paribas as Rs. 400 and Re. 350. Currency future charge is 0.10% in ShareKhan and 0.03% in Geojit BNP Paribas. Equity future is also same for both the companies as currency future charge. Minimum broker charges are Re. 0.10 per share and Re. 0.01 per share respectively. There’s a close interaction between broker and the client so that all the doubts can be removed. Both the companies get a good number of clients every month which signifies their quality. So start your business by joining either of the companies.

ShareKhan 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 Rs. 450 Nil
Fees for Opening Demat Account Nil Nil
Annual Maintenance Charges of Demat Account Rs. 400 Rs. 350
Brokerage Charges Equity Delivery Charges 0.50% 0.30%
Equity Intraday Charges 0.10% 0.03%
Equity Future Charges 0.10% 0.03%
Equity Options Charges Rs. 100 per lot or 2.5% on premium, whichever is higher Rs. 75 per lot
Currency Futures Charges 0.10% Rs. 10 to Rs. 15 (vary as per contract)
Currency Options Charges Rs. 100 per lot or 2.5% on premium, whichever is higher Rs. 10 to Rs. 15 (vary as per contract)
Commodity Charges 0.10% NA
Minimum Brokerage Charges Rs. 0.10 per share Re. 0.01 per share or Rs. 20 per contract, whichever is higher
Transaction Charges Equity Delivery 0.1% from both sides 0.00%
Equity Intraday 0.03% 0.00%
Equity Futures 0.17% from selling side 0.00%
Equity Options 0.017% on premium from selling side 0.055% on Premium
Currency Futures 0.17% from selling side 0.00%
Currency Options 0.017% on premium from selling side 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 Y Y
SMS Alerts Y Y
Online Demo Y Y
Online Portfolio Y Y
Trading Platform Trade Tiger 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
Bond/ NCD Y NA
Customer Support 24/7 Customer Support N N
Email Y Y
Phone Y Y
Online Live Chat Y N
Branch Support Y Y
Reports Daily  Market Report Y Y
Quarterly Analysis of Results Y Y

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