Geojit and SBI Securities 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 SBI Securities is listed as a Public Discount Broker , established in Arun Mehta 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 SBI Securities 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.
SBI Securities is listed as a Public Discount Broker established in Arun Mehta with headquarters in Mumbai and founded by Arun Mehta. It offers equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures using mobile app access, web trading and desktop terminal access and supports traders with features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and stock tips. 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 SBI Securities — A Comprehensive Company Overview
| Company Overview | Geojit | SBI Securities |
|---|---|---|
| Company Type | Private | Public |
| Broker Type | Discount Broker | Discount Broker |
| Headquarters | Kochi | Mumbai |
| Founder | Ramanathan Bupathy & C. J. George | Arun Mehta |
| Establishment Year | 1986 | Arun Mehta |
| 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 SBI Securities.
Equity delivery: This charge applies to buy-and-hold stock positions held beyond one trading session. Geojit charges 0.30% of Transaction Value while SBI Securities charges 0.50% 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 SBI Securities charges 0.075% of Transaction Value.
Equity futures: This charge applies to futures contracts on stocks and indices. Geojit charges 0.01% of Transaction Value while SBI Securities charges 0.05% of Transaction Value.
Equity options: This charge applies to equity option contracts. Geojit charges Rs.20 per Lot while SBI Securities charges Rs.50 to Rs.100 per lot.
Commodity futures: This charge covers commodities such as gold, silver, and crude oil. Geojit charges 0.01% of Transaction Value while SBI Securities charges 0.05% of Transaction Value.
Commodity options: This charge applies to option contracts on commodity instruments. Geojit charges Rs.20 per Lot while SBI Securities charges Rs.50 to Rs.100 per lot.
Currency futures: This charge allows participation in forex price movements on the exchange. Geojit charges 0.01% of Transaction Value while SBI Securities charges 0.05% of Transaction Value.
Currency options: This charge enables traders to hedge or speculate on currency fluctuations. Geojit charges Rs.20 per Lot while SBI Securities charges Rs.20 to Rs.30 per lot.
Geojit vs SBI Securities — Detailed Brokerage Comparison
| Brokerage | Geojit | SBI Securities |
|---|---|---|
| Brokerage Plan | G-Trade Max | Standard Plan |
| Subscription Charges | Zero | Zero |
| Equity Delivery | 0.30% of Transaction Value | 0.50% of Transaction Value |
| Equity Intraday | Rs.20 per Trade or 0.03% (whichever is low) | 0.075% of Transaction Value |
| Equity Future | 0.01% of Transaction Value | 0.05% of Transaction Value |
| Equity Option | Rs.20 per Lot | Rs.50 to Rs.100 per lot |
| Commodity Future | 0.01% of Transaction Value | 0.05% of Transaction Value |
| Commodity Option | Rs.20 per Lot | Rs.50 to Rs.100 per lot |
| Currency Future | 0.01% of Transaction Value | 0.05% of Transaction Value |
| Currency Option | Rs.20 per Lot | Rs.20 to Rs.30 per lot |
Geojit provides mobile app access, web trading and desktop terminal access for order placement, portfolio tracking, and market monitoring. SBI Securities provides mobile app access, web trading and desktop terminal access for its users.
Android app: Geojit and SBI Securities both list an Android trading app.
iOS app: Geojit and SBI Securities both list an iOS trading app.
Web trading platform: Geojit and SBI Securities both list a web trading platform.
Desktop trading terminal: Geojit and SBI Securities both list a desktop trading terminal.
Algo trading: Neither broker currently highlights algo trading support.
Basket trading: SBI Securities 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 SBI Securities both list a mutual fund investment platform.
Digital gold platform: Neither broker currently highlights digital gold investing.
Bonds platform: SBI Securities lists a bonds investment platform, while Geojit does not currently mention it.
Geojit vs SBI Securities — Complete Comparison of Trading Platforms
| Trading Platform | Geojit | SBI Securities |
|---|---|---|
| Android App | Geojit Android App Link | SBI Securities Android App Link |
| iOS App | Geojit iOS App Link | SBI Securities iOS App Link |
| Web Trading Platform | Geojit Web Trading Link | SBI Securities Web Trading Link |
| Trading Terminal | Available | Available |
| 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 | Available |
Geojit highlights trading features including watchlists, real-time updates, portfolio tracking, online mutual fund access, stock tips and live market tracking, while SBI Securities promotes watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and stock tips. 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 SBI Securities offer this feature.
Real time updates: Get timely updates on market trends, stock prices, and other market data. Both Geojit and SBI Securities offer this feature.
Portfolio details: A detailed snapshot of all investments — stocks, bonds, and commodities — in one place. Both Geojit and SBI Securities offer this feature.
Online mf buy: Buy or sell mutual funds directly from the trading platform or mobile application. Both Geojit and SBI Securities offer this feature.
Research reports: A comprehensive overview of different stocks and sectors in the stock market. SBI Securities offers this; Geojit does not currently highlight it.
Stock tips: Valuable tips on stocks to buy, hold, or sell based on market trends. Both Geojit and SBI Securities offer this feature.
Interactive charts: Visual price movement charts to help analyse when to buy or sell. SBI Securities offers this; Geojit does not currently highlight it.
Live market: Live updates on market movements and trends. Both Geojit and SBI Securities offer this feature.
Multi profile management: Manage multiple trading profiles from a single account. SBI Securities offers this; Geojit does not currently highlight it.
Secure platform: A secure trading environment with next-generation security controls. Both Geojit and SBI Securities offer this feature.
Geojit vs SBI Securities — Comprehensive Comparison of Trading Features
| Trading Feature | Geojit | SBI Securities |
|---|---|---|
| Wishlist | Yes | Yes |
| Real-Time Updates | Yes | Yes |
| Portfolio Details | Yes | Yes |
| Online MF Buy | Yes | Yes |
| Research Reports | No | Yes |
| Global Indices | No | No |
| Customised Recommendations | No | No |
| Stock Tips | Yes | Yes |
| Interactive Charts | No | Yes |
| Live Market | Yes | Yes |
| Multi Profile Management | No | Yes |
| 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 SBI Securities.
Free account opening: Geojit lists free account opening, while SBI Securities does not currently mention it.
Free AMC: Geojit lists free Demat AMC, while SBI Securities does not currently mention it.
Free brokerage: Neither broker currently highlights free brokerage.
Flat brokerage: Geojit lists flat brokerage pricing, while SBI Securities does not currently mention it.
Flexible brokerage plans: Geojit and SBI Securities 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 and SBI Securities both list free research reports.
Free trading calls: Geojit and SBI Securities 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 SBI Securities offers Upto Rs.700 per Client for referrals.
Geojit vs SBI Securities — Comparison of Latest Offers
| Offer | Geojit | SBI Securities |
|---|---|---|
| Free Account Opening | Yes | No |
| Free AMC | Yes | No |
| Free Brokerage | No | No |
| Flat Brokerage | Yes, Limited | No |
| Flexible Brokerage Plans | Yes | Yes |
| 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 | Upto Rs.700 per Client |
| Margin Funding / Pledging | Yes | Yes |
| Brokerage Cashback | No | Yes |
| 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 SBI Securities 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, banking services, insurance, corporate bonds, government bonds and bonds.
Geojit vs SBI Securities — Complete Comparison of Products
| Product | Geojit | SBI Securities |
|---|---|---|
| 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 | Yes |
| Insurance | No | Yes |
| Corporate Bonds | No | Yes |
| Government Bonds | No | Yes |
| Digital Gold | No | No |
Demat services: Geojit and SBI Securities both list Demat services.
Trading services: Geojit and SBI Securities both list trading services.
Intraday services: Geojit and SBI Securities both list intraday trading services.
F&O services: Geojit and SBI Securities both list F&O services.
IPO services: Geojit and SBI Securities both list IPO services.
3-in-1 account: SBI Securities lists 3-in-1 account support, while Geojit does not currently mention it.
Stock research: Geojit and SBI Securities both list stock research.
Stock recommendations: Geojit and SBI Securities both list stock recommendations.
Trading education: SBI Securities lists trading education, while Geojit does not currently mention it.
Share pledging: Geojit and SBI Securities both list share pledging.
PMS or PCG: Geojit and SBI Securities both list PMS or PCG support.
NRI services: SBI Securities lists NRI services, while Geojit does not currently mention it.
Geojit provides Demat services, trading services, intraday trading, F&O trading, IPO access and stock research, while SBI Securities offers Demat services, trading services, intraday trading, F&O trading, IPO access and 3-in-1 account support.
Geojit vs SBI Securities — In-Depth Comparison of Services
| Service | Geojit | SBI Securities |
|---|---|---|
| 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 | Yes |
| Stock Research | Yes | Yes |
| Stock Recommendations | Yes | Yes |
| Trading Education | No | Yes, Investor Sarathi |
| Share Pledging | Yes | Yes |
| PMS or PCG | Yes | Yes |
| NRI Services | No | Yes |
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 SBI Securities.
Geojit and SBI Securities — Detailed Comparison of Advisory Services
| Advisory | Geojit | SBI Securities |
|---|---|---|
| Fundamental Reports | Yes | Yes |
| Research Reports | Yes | Yes |
| Company Reports | Yes | Yes |
| Annual Reports | No | Yes |
| IPO Reports | Yes | Yes |
| Technical Reports | Yes | Yes |
| Stock Tips | Yes | Yes |
| Daily Top Stock Picks | Yes | Yes |
| Daily Market Review | Yes | Yes |
| Monthly Review | No | Yes |
| Weekly Review | Yes | Yes |
| Relationship Manager | Yes | Yes |
| 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 SBI Securities across different segments.
Geojit and SBI Securities — Comprehensive Comparison of Trading Exposure
| Exposure | Geojit | SBI Securities |
|---|---|---|
| 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 SBI Securities both list a sub-broker program. Geojit and SBI Securities both list a partner program. Geojit and SBI Securities both list a referral program.
Geojit vs SBI Securities — Comparative Analysis of Programs
| Program | Geojit | SBI Securities |
|---|---|---|
| Sub-Broker Program | Yes | Yes |
| 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. SBI Securities provides support through trading desk support, dedicated dealer assistance, call support, email support and website support. Geojit operates Available branches. SBI Securities operates Available branches.
Geojit and SBI Securities — Comprehensive Comparison of Customer Support
| Support Channel | Geojit | SBI Securities |
|---|---|---|
| Trading Support | Available, Free | Available, Free |
| Dedicated Dealer | Available, Free | Available, Free |
| Call Support | 1800-425-5501, 1800-103-5501 | 022-68545555 |
| Email Support | [email protected] | [email protected] |
| WhatsApp Support | 9995500044, 9995810001 | |
| 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 | 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 SBI Securities carries an overall rating of 8.95 / 10.
Geojit vs SBI Securities — Ratings Comparison
| Rating Parameter | Geojit | SBI Securities |
|---|---|---|
| Overall Rating | 8.52 / 10 | 8.95 / 10 |
| Customer Support | 8.49 / 10 | 8.92 / 10 |
| Technology | 8.62 / 10 | 9.06 / 10 |
| Charges | 8.55 / 10 | 8.99 / 10 |
| Products & Services | 8.47 / 10 | 8.90 / 10 |
| Experience | 8.45 / 10 | 8.88 / 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 & SBI Securities — Comparison of Customer Complaints
| Complaint Metric | Geojit | SBI Securities |
|---|---|---|
| Total Complaints Lodged | 9 | 182 |
| Total Complaints Resolved | 5 | 162 |
| % of Resolved Complaints | 55.56% | 89.01% |
| Non-Actionable Complaints | 2 | 11 |
| % of Non-Actionable Complaints | 22.22% | 6.04% |
Transaction charges are levied by the stockbroker for executing each trade. Below is a segment-wise comparison for Geojit and SBI Securities.
Geojit vs SBI Securities — Detailed Comparison of Transaction Charges
| Transaction Charges | Geojit | SBI Securities |
|---|---|---|
| Equity Delivery | ||
| Equity Intraday | ||
| Equity Future | ||
| Equity Option | ||
| Commodity Future | ||
| Commodity Option | ||
| Currency Future | ||
| Currency Option |
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 SBI Securities — Detailed Comparison of Hidden / Other Charges
| Charge | Geojit | SBI Securities |
|---|---|---|
| SEBI Turnover Charges | ||
| DP Charges | ||
| GST | ||
| Account Closure Charges | ||
| Reactivation Charges | ||
| Dematerialisation Charges | ||
| Call & Trade Charges |
Geojit lists account opening charges of Free and Demat AMC of Free. SBI Securities lists account opening charges of Rs.850 and Demat AMC of Rs.750.
Geojit vs SBI Securities — Detailed Comparison of Demat Charges
| Demat Charges | Geojit | SBI Securities |
|---|---|---|
| Account Opening Charges | Free | Rs.850 |
| Annual Maintenance Charges (AMC) | Free | Rs.750 |
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 SBI Securities — Comparative Analysis of STT and CTT Charges
| STT & CTT | Geojit | SBI Securities |
|---|---|---|
| Equity Delivery | 0.1% on both Buy and Sell sides | |
| Equity Intraday | 0.025% on the Sell side only | |
| Equity Future | 0.02% on the Sell side only | |
| Equity Option | 0.1% on the Sell side (on premium) | |
| Commodity Future | ||
| Commodity Option | ||
| Currency Future | ||
| Currency Option |
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 SBI Securities — Comparison of Stamp Duty Charges
| Stamp Duty | Geojit | SBI Securities |
|---|---|---|
| Equity Delivery | ||
| Equity Intraday | ||
| Equity Future | ||
| Equity Option | ||
| Commodity Future | ||
| Commodity Option | ||
| Currency Future | ||
| Currency Option |