Geojit and Dhan are two stockbrokers that investors often compare for brokerage charges, products, trading platforms, and account costs. Geojit is listed as a Private Discount Broker , established in 1986 and headquartered in Kochi, while Dhan is listed as a Private Discount Broker , established in 2018 and headquartered in Mumbai.
This comparison reviews brokerage, Demat charges, product availability, platforms, features, support, ratings, and complaints. Use the side-by-side tables below to see whether Geojit or Dhan is a better fit for your investment style, platform preference, and budget.
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.
Dhan is listed as a Private Discount Broker established in 2018 with headquarters in Mumbai and founded by Pravin Jadhav. It offers equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures using mobile app access and web trading and supports traders with features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, interactive charts and live market tracking. Its brokerage model is structured as Standard Plan.
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.
Geojit vs Dhan — A Comprehensive Company Overview
| Company Overview | Geojit | Dhan |
|---|---|---|
| Company Type | Private | Private |
| Broker Type | Discount Broker | Discount Broker |
| Headquarters | Kochi | Mumbai |
| Founder | Ramanathan Bupathy & C. J. George | Pravin Jadhav |
| Establishment Year | 1986 | 2018 |
| Brokerage Plan | G-Trade Max | Standard Plan |
Brokerage is the primary cost to compare when choosing a broker. Below is a segment-by-segment breakdown for Geojit and Dhan.
Equity delivery: This charge applies to buy-and-hold stock positions held beyond one trading session. Geojit charges 0.30% of Transaction Value while Dhan charges Free.
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 Dhan charges Rs.20 per Trade or 0.03% (Whichever is Low).
Equity futures: This charge applies to futures contracts on stocks and indices. Geojit charges 0.01% of Transaction Value while Dhan charges Rs.20 per Trade or 0.03% (Whichever is Low).
Equity options: This charge applies to equity option contracts. Geojit charges Rs.20 per Lot while Dhan 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 Dhan charges Rs.20 per Trade or 0.03% (Whichever is Low).
Commodity options: This charge applies to option contracts on commodity instruments. Geojit charges Rs.20 per Lot while Dhan 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 Dhan charges Rs.20 per Trade or 0.03% (Whichever is Low).
Currency options: This charge enables traders to hedge or speculate on currency fluctuations. Geojit charges Rs.20 per Lot while Dhan charges Rs.20 per Trade.
Geojit vs Dhan — Detailed Brokerage Comparison
| Brokerage | Geojit | Dhan |
|---|---|---|
| Brokerage Plan | G-Trade Max | Standard Plan |
| Subscription Charges | Zero | Zero |
| Equity Delivery | 0.30% of Transaction Value | Free |
| Equity Intraday | Rs.20 per Trade or 0.03% (whichever is low) | Rs.20 per Trade or 0.03% (Whichever is Low) |
| Equity Future | 0.01% of Transaction Value | Rs.20 per Trade or 0.03% (Whichever is Low) |
| Equity Option | Rs.20 per Lot | Rs.20 per Trade |
| Commodity Future | 0.01% of Transaction Value | Rs.20 per Trade or 0.03% (Whichever is Low) |
| Commodity Option | Rs.20 per Lot | Rs.20 per Trade |
| Currency Future | 0.01% of Transaction Value | Rs.20 per Trade or 0.03% (Whichever is Low) |
| Currency Option | Rs.20 per Lot | Rs.20 per Trade |
Geojit provides mobile app access, web trading and desktop terminal access for order placement, portfolio tracking, and market monitoring. Dhan provides mobile app access and web trading for its users.
Android app: Geojit and Dhan both list an Android trading app.
iOS app: Geojit and Dhan both list an iOS trading app.
Web trading platform: Geojit and Dhan both list a web trading platform.
Desktop trading terminal: Geojit lists a desktop trading terminal, while Dhan does not currently mention it.
Algo trading: Neither broker currently highlights algo trading support.
Basket trading: Dhan lists basket trading, while Geojit does not currently mention it.
Foreign stocks platform: Neither broker currently highlights foreign stocks access.
Mutual fund platform: Geojit and Dhan both list a mutual fund investment platform.
Digital gold platform: Neither broker currently highlights digital gold investing.
Bonds platform: Neither broker currently highlights a bonds investment platform.
Geojit vs Dhan — Complete Comparison of Trading Platforms
| Trading Platform | Geojit | Dhan |
|---|---|---|
| Android App | Geojit Android App Link | Dhan Android App Link |
| iOS App | Geojit iOS App Link | Dhan iOS App Link |
| Web Trading Platform | Geojit Web Trading Link | Dhan Web Trading Link |
| Trading Terminal | Available | NA |
| Algo Trading Platform | NA | NA |
| Foreign Stocks Platform | NA | NA |
| Basket Trading Platform | NA | Available |
| Mutual Fund Platform | Available | Available |
| Digital Gold Platform | NA | NA |
| Bonds Platform | NA | NA |
Geojit highlights trading features including watchlists, real-time updates, portfolio tracking, online mutual fund access, stock tips and live market tracking, while Dhan promotes watchlists, real-time updates, portfolio tracking, online mutual fund access, interactive charts and live market 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 Dhan offer this feature.
Real time updates: Get timely updates on market trends, stock prices, and other market data. Both Geojit and Dhan offer this feature.
Portfolio details: A detailed snapshot of all investments — stocks, bonds, and commodities — in one place. Both Geojit and Dhan offer this feature.
Online mf buy: Buy or sell mutual funds directly from the trading platform or mobile application. Both Geojit and Dhan offer this feature.
Stock tips: Valuable tips on stocks to buy, hold, or sell based on market trends. Geojit offers this; Dhan does not currently highlight it.
Interactive charts: Visual price movement charts to help analyse when to buy or sell. Dhan offers this; Geojit does not currently highlight it.
Live market: Live updates on market movements and trends. Both Geojit and Dhan offer this feature.
Secure platform: A secure trading environment with next-generation security controls. Both Geojit and Dhan offer this feature.
Geojit vs Dhan — Comprehensive Comparison of Trading Features
| Trading Feature | Geojit | Dhan |
|---|---|---|
| Wishlist | Yes | Yes |
| Real-Time Updates | Yes | Yes |
| Portfolio Details | Yes | Yes |
| Online MF Buy | Yes | Yes |
| Research Reports | No | No |
| Global Indices | No | No |
| Customised Recommendations | No | No |
| Stock Tips | Yes | No |
| Interactive Charts | No | Yes |
| Live Market | Yes | Yes |
| Multi Profile Management | No | No |
| Robust & Secure Platform | Yes | Yes |
Stockbrokers use promotional offers to attract and retain clients. Below is a side-by-side comparison of the offers currently listed by Geojit and Dhan.
Free account opening: Geojit and Dhan both list free account opening.
Free AMC: Geojit and Dhan both list free Demat AMC.
Free brokerage: Dhan lists free brokerage, while Geojit does not currently mention it.
Flat brokerage: Geojit and Dhan both list flat brokerage pricing.
Flexible brokerage plans: Geojit lists flexible brokerage plans, while Dhan does not currently mention it.
Happy trading hours: Neither broker currently highlights happy trading hours.
Free delivery trading: Dhan lists free delivery trading, while Geojit does not currently mention it.
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 Dhan does not currently mention it.
Free trading calls: Geojit lists free trading calls, while Dhan 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 Dhan offers 20% of Revenue for referrals.
Geojit vs Dhan — Comparison of Latest Offers
| Offer | Geojit | Dhan |
|---|---|---|
| Free Account Opening | Yes | Yes |
| Free AMC | Yes | Yes |
| Free Brokerage | No | Yes, Limited |
| Flat Brokerage | Yes, Limited | Yes |
| Flexible Brokerage Plans | Yes | No |
| Happy Trading Hours | No | No |
| Free Delivery Trading | No | Yes |
| Free Intraday Trading | No | No |
| Free F&O Trading | No | No |
| Free Research Reports | Yes | No |
| Free Trading Calls | Yes | No |
| Referral Offers | Rs.1,000 Vouchers per Client | 20% of Revenue |
| Margin Funding / Pledging | Yes | Yes |
| Brokerage Cashback | No | No |
| Zero Brokerage for Loss-Making Trades | No | No |
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 Dhan 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 and mutual funds.
Geojit vs Dhan — Complete Comparison of Products
| Product | Geojit | Dhan |
|---|---|---|
| Equity Delivery | Yes | Yes |
| Equity Intraday | Yes | Yes |
| Equity Option | Yes | Yes |
| Equity Future | Yes | Yes |
| Commodity Option | Yes | Yes |
| Commodity Future | Yes | Yes |
| Currency Option | Yes | Yes |
| Currency Future | Yes | Yes |
| Foreign Stocks | No | No |
| Mutual Funds | Yes | Yes |
| Banking | No | No |
| Insurance | No | No |
| Corporate Bonds | No | No |
| Government Bonds | No | No |
| Digital Gold | No | No |
Demat services: Geojit and Dhan both list Demat services.
Trading services: Geojit and Dhan both list trading services.
Intraday services: Geojit and Dhan both list intraday trading services.
F&O services: Geojit and Dhan both list F&O services.
IPO services: Geojit and Dhan both list IPO services.
3-in-1 account: Neither broker currently highlights 3-in-1 account support.
Stock research: Geojit lists stock research, while Dhan does not currently mention it.
Stock recommendations: Geojit lists stock recommendations, while Dhan does not currently mention it.
Trading education: Neither broker currently highlights trading education.
Share pledging: Geojit lists share pledging, while Dhan does not currently mention it.
PMS or PCG: Geojit lists PMS or PCG support, while Dhan does not currently mention it.
NRI services: Neither broker currently highlights NRI services.
Geojit provides Demat services, trading services, intraday trading, F&O trading, IPO access and stock research, while Dhan offers Demat services, trading services, intraday trading, F&O trading and IPO access.
Geojit vs Dhan — In-Depth Comparison of Services
| Service | Geojit | Dhan |
|---|---|---|
| Demat Services | Yes | Yes |
| Trading Services | Yes | Yes |
| Intraday Services | Yes | Yes |
| F&O Services | Yes | Yes |
| IPO Services | Yes | Yes |
| 3-in-1 Account | No | No |
| Stock Research | Yes | No |
| Stock Recommendations | Yes | No |
| Trading Education | No | No |
| Share Pledging | Yes | No |
| PMS or PCG | Yes | No |
| NRI Services | No | No |
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 Dhan.
Geojit and Dhan — Detailed Comparison of Advisory Services
| Advisory | Geojit | Dhan |
|---|---|---|
| Fundamental Reports | Yes | No |
| Research Reports | Yes | No |
| Company Reports | Yes | No |
| Annual Reports | No | No |
| IPO Reports | Yes | No |
| Technical Reports | Yes | No |
| Stock Tips | Yes | Yes, chargeable |
| Daily Top Stock Picks | Yes | No |
| Daily Market Review | Yes | No |
| Monthly Review | No | No |
| Weekly Review | Yes | No |
| Relationship Manager | Yes | Yes, chargeable |
| Robo Advisory | No | No |
Margin exposure allows traders to manage larger positions with less capital. Below is a comparison of the margin available from Geojit and Dhan across different segments.
Geojit and Dhan — Comprehensive Comparison of Trading Exposure
| Exposure | Geojit | Dhan |
|---|---|---|
| Equity Delivery | 1x | 1x |
| Equity Intraday | Upto 5x (Depends on Stocks) | Upto 5x (Depends on Stocks) |
| Equity F&O Carry Forward | 1X | 1x |
| Equity F&O Intraday | 1.3x | 1.3x |
| Commodity F&O Carry Forward | 1x | 1x |
| Commodity F&O Intraday | 1.3x | 1.3x |
| Currency F&O | 1x | 1x |
Geojit and Dhan both list a sub-broker program. Geojit and Dhan both list a partner program. Geojit and Dhan both list a referral program.
Geojit vs Dhan — Comparative Analysis of Programs
| Program | Geojit | Dhan |
|---|---|---|
| Sub-Broker Program | Yes | Yes, Limited |
| Partner Program | Yes | Yes |
| Referral Program | Yes | Yes |
Geojit provides support through trading desk support, dedicated dealer assistance, call support, email support and WhatsApp support. Dhan provides support through trading desk support, dedicated dealer assistance, call support, email support and website support. Geojit operates Available branches.
Geojit and Dhan — Comprehensive Comparison of Customer Support
| Support Channel | Geojit | Dhan |
|---|---|---|
| Trading Support | Available, Free | Available, Chargeable |
| Dedicated Dealer | Available, Free | Available, Chargeable |
| Call Support | 1800-425-5501, 1800-103-5501 | 022-48906273 |
| Email Support | [email protected] | [email protected] |
| WhatsApp Support | 9995500044, 9995810001 | NA |
| Website Support | Website Link | Website Link |
| Facebook Support | Facebook Support Link | Facebook Support Link |
| Twitter / X Support | Twitter Support Link | Twitter Support Link |
| Telegram Support | Telegram Support Link | Telegram Support Link |
| Branches / Offices | Available | NA |
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 Dhan carries an overall rating of 7.26 / 10.
Geojit vs Dhan — Ratings Comparison
| Rating Parameter | Geojit | Dhan |
|---|---|---|
| Overall Rating | 8.52 / 10 | 7.26 / 10 |
| Customer Support | 8.49 / 10 | 7.23 / 10 |
| Technology | 8.62 / 10 | 7.35 / 10 |
| Charges | 8.55 / 10 | 7.29 / 10 |
| Products & Services | 8.47 / 10 | 7.22 / 10 |
| Experience | 8.45 / 10 | 7.20 / 10 |
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.
Geojit & Dhan — Comparison of Customer Complaints
| Complaint Metric | Geojit | Dhan |
|---|---|---|
| Total Complaints Lodged | 9 | 6 |
| Total Complaints Resolved | 5 | 6 |
| % of Resolved Complaints | 55.56% | 100.00% |
| Non-Actionable Complaints | 2 | 0 |
| % of Non-Actionable Complaints | 22.22% | 0.00% |
Transaction charges are levied by the stockbroker for executing each trade. Below is a segment-wise comparison for Geojit and Dhan.
Geojit vs Dhan — Detailed Comparison of Transaction Charges
| Transaction Charges | Geojit | Dhan |
|---|---|---|
| Equity Delivery | 0.00325% (NSE) & 0.00375% (BSE) | |
| Equity Intraday | 0.00325% (NSE) & 0.00375% (BSE) | |
| Equity Future | 0.0019% (NSE & BSE) | |
| Equity Option | 0.05% (on premium) | |
| Commodity Future | 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special) | |
| Commodity Option | 0.05% (Non Agri) | |
| Currency Future | 0.0009% (NSE) & 0.00022% (BSE) | |
| Currency Option | 0.035% (NSE) & 0.001% (BSE) |
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.
Geojit & Dhan — Comprehensive Comparison of Pledge Charges
| Pledge Charge | Geojit | Dhan |
|---|---|---|
| Pledge Creation Charges | Rs.12.5 per Request | |
| Pledge Invocation Charges | Rs.12.5 per Request | |
| Margin Trading Interest | 0.045% per day |
Beyond brokerage, several statutory and operational charges apply. These include SEBI turnover fees, DP charges, GST, account closure, reactivation, dematerialisation, and call & trade charges.
Geojit and Dhan — Detailed Comparison of Hidden / Other Charges
| Charge | Geojit | Dhan |
|---|---|---|
| SEBI Turnover Charges | Rs.10/ Crore (All Segment) | |
| DP Charges | Rs.12.5 per Scrip on Sell | |
| GST | 18% on (Brokerage + SEBI + Transaction charges) | |
| Account Closure Charges | Nil | |
| Reactivation Charges | Nil | |
| Dematerialisation Charges | Rs.20 per Certificate | |
| Call & Trade Charges | Rs.20 per Trade |
Geojit lists account opening charges of Free and Demat AMC of Free. Dhan lists account opening charges of Free and Demat AMC of Free.
Geojit vs Dhan — Detailed Comparison of Demat Charges
| Demat Charges | Geojit | Dhan |
|---|---|---|
| Account Opening Charges | Free | Free |
| Annual Maintenance Charges (AMC) | Free | Free |
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.
Geojit vs Dhan — Comparative Analysis of STT and CTT Charges
| STT & CTT | Geojit | Dhan |
|---|---|---|
| Equity Delivery | 0.1% on both Buy and Sell sides | 0.1% on buy & sell |
| Equity Intraday | 0.025% on the Sell side only | 0.025% on sell |
| Equity Future | 0.02% on the Sell side only | 0.0125% on sell |
| Equity Option | 0.1% on the Sell side (on premium) | 0.0625% on sell (on premium) |
| Commodity Future | 0.01% on sell (Non-Agri) | |
| Commodity Option | 0.05% on sell | |
| Currency Future | Nil | |
| Currency Option | Nil |
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.
Geojit and Dhan — Comparison of Stamp Duty Charges
| Stamp Duty | Geojit | Dhan |
|---|---|---|
| Equity Delivery | 0.015% on buy | |
| Equity Intraday | 0.003% on buy | |
| Equity Future | 0.002% on buy | |
| Equity Option | 0.003% on buy | |
| Commodity Future | 0.002% on buy | |
| Commodity Option | 0.003% on buy | |
| Currency Future | 0.0001% on buy | |
| Currency Option | 0.0001% on buy |