Geojit vs 5Paisa – Compare Charges, Trading Features, Offers & More

Overview — Geojit vs. 5Paisa

Geojit is listed as a Private Discount Broker established in 1986 with headquarters in Kochi and founded by Ramanathan Bupathy & C. J. George. The broker highlights access to equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures through mobile app access, web trading and desktop terminal access and promotes features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, stock tips and live market tracking. It follows a G-Trade Max brokerage structure.

5Paisa is listed as a Public Discount Broker established in 2016 with headquarters in Mumbai and founded by Nirmal Jain. It offers equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures using mobile app access, web trading, desktop terminal access and algo trading support and supports traders with features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and global indices tracking. Its brokerage model is structured as Regular Account.

Both brokers use technology-driven platforms to attract active traders and investors, but the better option depends on the combination of pricing, products, services, and support that matters most to you.

Brokerage charges comparison — Geojit vs. 5Paisa

Brokerage is the primary cost to compare when choosing a broker. Below is a segment-by-segment breakdown for Geojit and 5Paisa.

Equity delivery: This charge applies to buy-and-hold stock positions held beyond one trading session. Geojit charges 0.30% of Transaction Value while 5Paisa charges Rs.20 per Trade.

Equity intraday: This charge applies to buy-sell positions closed within the same trading day. Geojit charges Rs.20 per Trade or 0.03% (whichever is low) while 5Paisa charges Rs.20 per Trade.

Equity futures: This charge applies to futures contracts on stocks and indices. Geojit charges 0.01% of Transaction Value while 5Paisa charges Rs.20 per Trade.

Equity options: This charge applies to equity option contracts. Geojit charges Rs.20 per Lot while 5Paisa charges Rs.20 per Trade.

Commodity futures: This charge covers commodities such as gold, silver, and crude oil. Geojit charges 0.01% of Transaction Value while 5Paisa charges Rs.20 per Trade.

Commodity options: This charge applies to option contracts on commodity instruments. Geojit charges Rs.20 per Lot while 5Paisa charges Rs.20 per Trade.

Currency futures: This charge allows participation in forex price movements on the exchange. Geojit charges 0.01% of Transaction Value while 5Paisa charges Rs.20 per Trade.

Currency options: This charge enables traders to hedge or speculate on currency fluctuations. Geojit charges Rs.20 per Lot while 5Paisa charges Rs.20 per Trade.

Trading platforms comparison — Geojit vs. 5Paisa

Geojit provides mobile app access, web trading and desktop terminal access for order placement, portfolio tracking, and market monitoring. 5Paisa provides mobile app access, web trading, desktop terminal access and algo trading support for its users.

• Android app: Geojit and 5Paisa both list an Android trading app.

• iOS app: Geojit and 5Paisa both list an iOS trading app.

• Web trading platform: Geojit and 5Paisa both list a web trading platform.

• Desktop trading terminal: Geojit and 5Paisa both list a desktop trading terminal.

• Algo trading: 5Paisa lists algo trading support, while Geojit does not currently mention it.

• Basket trading: 5Paisa lists basket trading, while Geojit does not currently mention it.

• Foreign stocks platform: 5Paisa lists foreign stocks access, while Geojit does not currently mention it.

• Mutual fund platform: Geojit and 5Paisa both list a mutual fund investment platform.

• Digital gold platform: 5Paisa lists digital gold investing, while Geojit does not currently mention it.

• Bonds platform: 5Paisa lists a bonds investment platform, while Geojit does not currently mention it.

Geojit vs. 5Paisa — Comparison of trading features

Geojit highlights trading features including watchlists, real-time updates, portfolio tracking, online mutual fund access, stock tips and live market tracking, while 5Paisa promotes watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and global indices tracking. The table below shows the full feature set for both brokers side by side.

• Wishlist: Monitor specific stocks or assets by adding them to a watchlist for close tracking. Both Geojit and 5Paisa offer this feature.

• Real time updates: Get timely updates on market trends, stock prices, and other market data. Both Geojit and 5Paisa offer this feature.

• Portfolio details: A detailed snapshot of all investments — stocks, bonds, and commodities — in one place. Both Geojit and 5Paisa offer this feature.

• Online mf buy: Buy or sell mutual funds directly from the trading platform or mobile application. Both Geojit and 5Paisa offer this feature.

• Research reports: A comprehensive overview of different stocks and sectors in the stock market. 5Paisa offers this; Geojit does not currently highlight it.

• Global indices: Real-time data on leading global stock market indices. 5Paisa offers this; Geojit does not currently highlight it.

• Stock tips: Valuable tips on stocks to buy, hold, or sell based on market trends. Geojit offers this; 5Paisa does not currently highlight it.

• Interactive charts: Visual price movement charts to help analyse when to buy or sell. 5Paisa offers this; Geojit does not currently highlight it.

• Live market: Live updates on market movements and trends. Both Geojit and 5Paisa offer this feature.

• Secure platform: A secure trading environment with next-generation security controls. Both Geojit and 5Paisa offer this feature.

Geojit vs. 5Paisa — Comparison of offers

Stockbrokers use promotional offers to attract and retain clients. Below is a side-by-side comparison of the offers currently listed by Geojit and 5Paisa.

• Free account opening: Geojit and 5Paisa both list free account opening.

• Free AMC: Geojit lists free Demat AMC, while 5Paisa does not currently mention it.

• Free brokerage: 5Paisa lists free brokerage, while Geojit does not currently mention it.

• Flat brokerage: Geojit and 5Paisa both list flat brokerage pricing.

• Flexible brokerage plans: Geojit and 5Paisa both list flexible brokerage plans.

• Happy trading hours: Neither broker currently highlights happy trading hours.

• Free delivery trading: Neither broker currently highlights free delivery trading.

• Free intraday trading: Neither broker currently highlights free intraday trading.

• Free F&O trading: Neither broker currently highlights free F&O trading.

• Free research reports: Geojit lists free research reports, while 5Paisa does not currently mention it.

• Free trading calls: Geojit lists free trading calls, while 5Paisa does not currently mention it.

• Zero brokerage for loss trades: Neither broker currently highlights zero brokerage for loss-making trades.

• Referral offers: Geojit offers Rs.1,000 Vouchers per Client while 5Paisa offers 12.5% + Rs.100 Referral Credit per Client for referrals.

Offered products comparison — 5Paisa vs. Geojit

Product availability determines whether a broker can support your preferred markets. Geojit highlights equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures, while 5Paisa highlights equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures.

The table below compares the full product lineup side by side across equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options, currency futures, currency options, mutual funds, foreign stocks, corporate bonds, government bonds, digital gold and bonds.

• Demat services: Geojit and 5Paisa both list Demat services.

• Trading services: Geojit and 5Paisa both list trading services.

• Intraday services: Geojit and 5Paisa both list intraday trading services.

• F&O services: Geojit and 5Paisa both list F&O services.

• IPO services: Geojit and 5Paisa both list IPO services.

• 3-in-1 account: Neither broker currently highlights 3-in-1 account support.

• Stock research: Geojit lists stock research, while 5Paisa does not currently mention it.

• Stock recommendations: Geojit lists stock recommendations, while 5Paisa does not currently mention it.

• Trading education: 5Paisa lists trading education, while Geojit does not currently mention it.

• Share pledging: Geojit and 5Paisa both list share pledging.

• PMS or PCG: Geojit lists PMS or PCG support, while 5Paisa does not currently mention it.

• NRI services: Neither broker currently highlights NRI services.

Offered services comparison — Geojit vs. 5Paisa

Geojit provides Demat services, trading services, intraday trading, F&O trading, IPO access and stock research, while 5Paisa offers Demat services, trading services, intraday trading, F&O trading, IPO access and trading education.

Stock advisory service comparison — Geojit vs. 5Paisa

Stock advisory helps investors choose appropriate stocks through research reports, tips, and market reviews. The table below shows which advisory products are available from Geojit and 5Paisa.

Exposure comparison — Geojit vs. 5Paisa

Margin exposure allows traders to manage larger positions with less capital. Below is a comparison of the margin available from Geojit and 5Paisa across different segments.

Comparison of programs — Geojit vs. 5Paisa

Geojit and 5Paisa both list a sub-broker program. Geojit and 5Paisa both list a partner program. Geojit and 5Paisa both list a referral program.

Customer support comparison — Geojit vs. 5Paisa

Geojit provides support through trading desk support, dedicated dealer assistance, call support, email support and WhatsApp support. 5Paisa provides support through trading desk support, dedicated dealer assistance, call support, email support and website support. Geojit operates Available branches.

Ratings — Geojit vs. 5Paisa

Both brokers have been evaluated across key parameters to help investors make an informed comparison. Geojit carries an overall rating of 8.52 / 10, while 5Paisa carries an overall rating of 9.60 / 10.

Complaints — Geojit vs. 5Paisa

SEBI, BSE, and NSE regularly publish broker complaint data as part of investor protection oversight. The table below shows the complaint records for both brokers.

Transaction charges comparison — Geojit vs. 5Paisa

Transaction charges are levied by the stockbroker for executing each trade. Below is a segment-wise comparison for Geojit and 5Paisa.

Pledge charges comparison — Geojit vs. 5Paisa

Pledge creation charges apply when traders borrow against their held securities. Pledge invocation charges apply if the pledged shares are sold due to a shortfall. Margin trading interest is the rate charged on borrowed funds.

Hidden charges comparison — Geojit vs. 5Paisa

Beyond brokerage, several statutory and operational charges apply. These include SEBI turnover fees, DP charges, GST, account closure, reactivation, dematerialisation, and call & trade charges.

Compare Demat charges — Geojit vs 5Paisa

Geojit lists account opening charges of Free and Demat AMC of Free. 5Paisa lists account opening charges of Free and Demat AMC of Rs.300 per Year.

Geojit vs 5Paisa — Compare STT & CTT

Securities Transaction Tax (STT) and Commodity Transaction Tax (CTT) are government levies — the same for all brokers in India. These are shown below for reference.

Compare stamp duty — Geojit and 5Paisa

Stamp duty is a government tax charged when the broker issues, sells, or transfers a security. It is collected at the end of each trading day.

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