Geojit and NJ Wealth 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 NJ Wealth is listed as a Private Discount Broker , established in 1994 and headquartered in Surat.
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 NJ Wealth 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.
NJ Wealth is listed as a Private Discount Broker established in 1994 with headquarters in Surat and founded by Neeraj Choksi. It offers equity delivery, equity intraday, equity futures, equity options and mutual funds using mobile app access and web trading and supports traders with features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, live market tracking and secure platform controls. 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 NJ Wealth — A Comprehensive Company Overview
| Company Overview | Geojit | NJ Wealth |
|---|---|---|
| Company Type | Private | Private |
| Broker Type | Discount Broker | Discount Broker |
| Headquarters | Kochi | Surat |
| Founder | Ramanathan Bupathy & C. J. George | Neeraj Choksi |
| Establishment Year | 1986 | 1994 |
| 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 NJ Wealth.
Equity delivery: This charge applies to buy-and-hold stock positions held beyond one trading session. Geojit charges 0.30% of Transaction Value while NJ Wealth charges 0.10 of Transaction Value.
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 NJ Wealth charges 0.01 of Transaction Value.
Equity futures: This charge applies to futures contracts on stocks and indices. Geojit charges 0.01% of Transaction Value while NJ Wealth charges 0.01 of Transaction Value.
Equity options: This charge applies to equity option contracts. Geojit charges Rs.20 per Lot while NJ Wealth charges Rs.10 per Lot.
Commodity futures: This charge covers commodities such as gold, silver, and crude oil. Geojit charges 0.01% of Transaction Value . NJ Wealth does not currently list a charge for this segment.
Commodity options: This charge applies to option contracts on commodity instruments. Geojit charges Rs.20 per Lot . NJ Wealth does not currently list a charge for this segment.
Currency futures: This charge allows participation in forex price movements on the exchange. Geojit charges 0.01% of Transaction Value . NJ Wealth does not currently list a charge for this segment.
Currency options: This charge enables traders to hedge or speculate on currency fluctuations. Geojit charges Rs.20 per Lot . NJ Wealth does not currently list a charge for this segment.
Geojit vs NJ Wealth — Detailed Brokerage Comparison
| Brokerage | Geojit | NJ Wealth |
|---|---|---|
| Brokerage Plan | G-Trade Max | Standard Plan |
| Subscription Charges | Zero | Zero |
| Equity Delivery | 0.30% of Transaction Value | 0.10 of Transaction Value |
| Equity Intraday | Rs.20 per Trade or 0.03% (whichever is low) | 0.01 of Transaction Value |
| Equity Future | 0.01% of Transaction Value | 0.01 of Transaction Value |
| Equity Option | Rs.20 per Lot | Rs.10 per Lot |
| Commodity Future | 0.01% of Transaction Value | NA |
| Commodity Option | Rs.20 per Lot | NA |
| Currency Future | 0.01% of Transaction Value | NA |
| Currency Option | Rs.20 per Lot | NA |
Geojit provides mobile app access, web trading and desktop terminal access for order placement, portfolio tracking, and market monitoring. NJ Wealth provides mobile app access and web trading for its users.
Android app: Geojit and NJ Wealth both list an Android trading app.
iOS app: Geojit and NJ Wealth both list an iOS trading app.
Web trading platform: Geojit and NJ Wealth both list a web trading platform.
Desktop trading terminal: Geojit lists a desktop trading terminal, while NJ Wealth does not currently mention it.
Algo trading: Neither broker currently highlights algo trading support.
Basket trading: Neither broker currently highlights basket trading.
Foreign stocks platform: Neither broker currently highlights foreign stocks access.
Mutual fund platform: Geojit and NJ Wealth 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 NJ Wealth — Complete Comparison of Trading Platforms
| Trading Platform | Geojit | NJ Wealth |
|---|---|---|
| Android App | Geojit Android App Link | NJ Wealth Android App Link |
| iOS App | Geojit iOS App Link | NJ Wealth iOS App Link |
| Web Trading Platform | Geojit Web Trading Link | NJ Wealth Web Trading Link |
| Trading Terminal | Available | NA |
| Algo Trading Platform | NA | NA |
| Foreign Stocks Platform | NA | NA |
| Basket Trading Platform | NA | NA |
| 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 NJ Wealth promotes watchlists, real-time updates, portfolio tracking, online mutual fund access, live market tracking and secure platform controls. 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 NJ Wealth offer this feature.
Real time updates: Get timely updates on market trends, stock prices, and other market data. Both Geojit and NJ Wealth offer this feature.
Portfolio details: A detailed snapshot of all investments — stocks, bonds, and commodities — in one place. Both Geojit and NJ Wealth offer this feature.
Online mf buy: Buy or sell mutual funds directly from the trading platform or mobile application. Both Geojit and NJ Wealth offer this feature.
Stock tips: Valuable tips on stocks to buy, hold, or sell based on market trends. Geojit offers this; NJ Wealth does not currently highlight it.
Live market: Live updates on market movements and trends. Both Geojit and NJ Wealth offer this feature.
Secure platform: A secure trading environment with next-generation security controls. Both Geojit and NJ Wealth offer this feature.
Geojit vs NJ Wealth — Comprehensive Comparison of Trading Features
| Trading Feature | Geojit | NJ Wealth |
|---|---|---|
| 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 | No |
| 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 NJ Wealth.
Free account opening: Geojit and NJ Wealth both list free account opening.
Free AMC: Geojit and NJ Wealth both list free Demat AMC.
Free brokerage: Neither broker currently highlights free brokerage.
Flat brokerage: Geojit lists flat brokerage pricing, while NJ Wealth does not currently mention it.
Flexible brokerage plans: Geojit lists flexible brokerage plans, while NJ Wealth does not currently mention it.
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 and NJ Wealth both list free research reports.
Free trading calls: Geojit and NJ Wealth both list free trading calls.
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 NJ Wealth offers Rs.250 per Client for referrals.
Geojit vs NJ Wealth — Comparison of Latest Offers
| Offer | Geojit | NJ Wealth |
|---|---|---|
| Free Account Opening | Yes | Yes |
| Free AMC | Yes | Yes |
| Free Brokerage | No | No |
| Flat Brokerage | Yes, Limited | No |
| Flexible Brokerage Plans | Yes | No |
| Happy Trading Hours | No | No |
| Free Delivery Trading | No | No |
| Free Intraday Trading | No | No |
| Free F&O Trading | No | No |
| Free Research Reports | Yes | Yes |
| Free Trading Calls | Yes | Yes |
| Referral Offers | Rs.1,000 Vouchers per Client | Rs.250 per Client |
| 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 NJ Wealth highlights equity delivery, equity intraday, equity futures, equity options and mutual funds.
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 NJ Wealth — Complete Comparison of Products
| Product | Geojit | NJ Wealth |
|---|---|---|
| Equity Delivery | Yes | Yes |
| Equity Intraday | Yes | Yes |
| Equity Option | Yes | Yes |
| Equity Future | Yes | Yes |
| Commodity Option | Yes | No |
| Commodity Future | Yes | No |
| Currency Option | Yes | No |
| Currency Future | Yes | No |
| 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 NJ Wealth both list Demat services.
Trading services: Geojit and NJ Wealth both list trading services.
Intraday services: Geojit and NJ Wealth both list intraday trading services.
F&O services: Geojit and NJ Wealth both list F&O services.
IPO services: Geojit and NJ Wealth both list IPO services.
3-in-1 account: Neither broker currently highlights 3-in-1 account support.
Stock research: Geojit lists stock research, while NJ Wealth does not currently mention it.
Stock recommendations: Geojit lists stock recommendations, while NJ Wealth does not currently mention it.
Trading education: NJ Wealth lists trading education, while Geojit does not currently mention it.
Share pledging: Geojit and NJ Wealth both list share pledging.
PMS or PCG: Geojit lists PMS or PCG support, while NJ Wealth 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 NJ Wealth offers Demat services, trading services, intraday trading, F&O trading, IPO access and trading education.
Geojit vs NJ Wealth — In-Depth Comparison of Services
| Service | Geojit | NJ Wealth |
|---|---|---|
| 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 | Yes, NJ Flap |
| Share Pledging | Yes | Yes |
| 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 NJ Wealth.
Geojit and NJ Wealth — Detailed Comparison of Advisory Services
| Advisory | Geojit | NJ Wealth |
|---|---|---|
| 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 | No |
| Daily Top Stock Picks | Yes | No |
| Daily Market Review | Yes | No |
| Monthly Review | No | No |
| Weekly Review | Yes | No |
| Relationship Manager | Yes | No |
| Robo Advisory | No | Yes |
Margin exposure allows traders to manage larger positions with less capital. Below is a comparison of the margin available from Geojit and NJ Wealth across different segments.
Geojit and NJ Wealth — Comprehensive Comparison of Trading Exposure
| Exposure | Geojit | NJ Wealth |
|---|---|---|
| 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 NJ Wealth both list a sub-broker program. Geojit and NJ Wealth both list a partner program. Geojit and NJ Wealth both list a referral program.
Geojit vs NJ Wealth — Comparative Analysis of Programs
| Program | Geojit | NJ Wealth |
|---|---|---|
| Sub-Broker Program | Yes | Yes, Limited |
| Partner Program | Yes | Yes, Limited |
| Referral Program | Yes | Yes |
Geojit provides support through trading desk support, dedicated dealer assistance, call support, email support and WhatsApp support. NJ Wealth provides support through trading desk support, dedicated dealer assistance, call support, email support and website support. Geojit operates Available branches. NJ Wealth operates Available branches.
Geojit and NJ Wealth — Comprehensive Comparison of Customer Support
| Support Channel | Geojit | NJ Wealth |
|---|---|---|
| Trading Support | Available, Free | Available, Chargeable |
| Dedicated Dealer | Available, Free | Available, Chargeable |
| Call Support | 1800-425-5501, 1800-103-5501 | 0261-4025000 |
| 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 | — |
| Branches / Offices | Available | Available |
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 NJ Wealth carries an overall rating of 7.70 / 10.
Geojit vs NJ Wealth — Ratings Comparison
| Rating Parameter | Geojit | NJ Wealth |
|---|---|---|
| Overall Rating | 8.52 / 10 | 7.70 / 10 |
| Customer Support | 8.49 / 10 | 7.67 / 10 |
| Technology | 8.62 / 10 | 7.80 / 10 |
| Charges | 8.55 / 10 | 7.73 / 10 |
| Products & Services | 8.47 / 10 | 7.66 / 10 |
| Experience | 8.45 / 10 | 7.64 / 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 & NJ Wealth — Comparison of Customer Complaints
| Complaint Metric | Geojit | NJ Wealth |
|---|---|---|
| Total Complaints Lodged | 9 | 10 |
| Total Complaints Resolved | 5 | 7 |
| % of Resolved Complaints | 55.56% | 70.00% |
| Non-Actionable Complaints | 2 | 3 |
| % of Non-Actionable Complaints | 22.22% | 30.00% |
Transaction charges are levied by the stockbroker for executing each trade. Below is a segment-wise comparison for Geojit and NJ Wealth.
Geojit vs NJ Wealth — Detailed Comparison of Transaction Charges
| Transaction Charges | Geojit | NJ Wealth |
|---|---|---|
| Equity Delivery | 0.00335% (NSE) & As per Stock (BSE) | |
| Equity Intraday | 0.00335% (NSE) & As per Stock (BSE) | |
| Equity Future | 0.002% (NSE & BSE) | |
| Equity Option | 0.053% (on premium) | |
| Commodity Future | NA | |
| Commodity Option | NA | |
| Currency Future | NA | |
| Currency Option | NA |
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 & NJ Wealth — Comprehensive Comparison of Pledge Charges
| Pledge Charge | Geojit | NJ Wealth |
|---|---|---|
| Pledge Creation Charges | Rs.15 per Request | |
| Pledge Invocation Charges | Rs.15 per Request | |
| Margin Trading Interest | NA |
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 NJ Wealth — Detailed Comparison of Hidden / Other Charges
| Charge | Geojit | NJ Wealth |
|---|---|---|
| SEBI Turnover Charges | Rs.10/ Crore (All Segment) | |
| DP Charges | Rs.20 per Scrip on Sell | |
| GST | 18% on (Brokerage + SEBI + Transaction charges) | |
| Account Closure Charges | Nil | |
| Reactivation Charges | Nil | |
| Dematerialisation Charges | NA | |
| Call & Trade Charges | Rs.30 per Trade |
Geojit lists account opening charges of Free and Demat AMC of Free. NJ Wealth lists account opening charges of Free and Demat AMC of Free.
Geojit vs NJ Wealth — Detailed Comparison of Demat Charges
| Demat Charges | Geojit | NJ Wealth |
|---|---|---|
| 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 NJ Wealth — Comparative Analysis of STT and CTT Charges
| STT & CTT | Geojit | NJ Wealth |
|---|---|---|
| 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 | NA | |
| Commodity Option | NA | |
| Currency Future | NA | |
| Currency Option | NA |
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 NJ Wealth — Comparison of Stamp Duty Charges
| Stamp Duty | Geojit | NJ Wealth |
|---|---|---|
| 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 | NA | |
| Commodity Option | NA | |
| Currency Future | NA | |
| Currency Option | NA |