SBI Securities and Geojit are two stockbrokers that investors often compare for brokerage charges, products, trading platforms, and account costs. SBI Securities is listed as a Public Discount Broker , established in Arun Mehta and headquartered in Mumbai, while Geojit is listed as a Private Discount Broker , established in 1986 and headquartered in Kochi.
This comparison reviews brokerage, Demat charges, product availability, platforms, features, support, ratings, and complaints. Use the side-by-side tables below to see whether SBI Securities or Geojit is a better fit for your investment style, platform preference, and budget.
SBI Securities is listed as a Public Discount Broker established in Arun Mehta with headquarters in Mumbai and founded by Arun Mehta. 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, research reports and stock tips. It follows a Standard Plan brokerage structure.
Geojit is listed as a Private Discount Broker established in 1986 with headquarters in Kochi and founded by Ramanathan Bupathy & C. J. George. 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, stock tips and live market tracking. Its brokerage model is structured as G-Trade Max.
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.
SBI Securities vs Geojit — A Comprehensive Company Overview
| Company Overview | SBI Securities | Geojit |
|---|---|---|
| Company Type | Public | Private |
| Broker Type | Discount Broker | Discount Broker |
| Headquarters | Mumbai | Kochi |
| Founder | Arun Mehta | Ramanathan Bupathy & C. J. George |
| Establishment Year | Arun Mehta | 1986 |
| Brokerage Plan | Standard Plan | G-Trade Max |
Brokerage is the primary cost to compare when choosing a broker. Below is a segment-by-segment breakdown for SBI Securities and Geojit.
Equity delivery: This charge applies to buy-and-hold stock positions held beyond one trading session. SBI Securities charges 0.50% of Transaction Value while Geojit charges 0.30% of Transaction Value.
Equity intraday: This charge applies to buy-sell positions closed within the same trading day. SBI Securities charges 0.075% of Transaction Value while Geojit charges Rs.20 per Trade or 0.03% (whichever is low).
Equity futures: This charge applies to futures contracts on stocks and indices. SBI Securities charges 0.05% of Transaction Value while Geojit charges 0.01% of Transaction Value.
Equity options: This charge applies to equity option contracts. SBI Securities charges Rs.50 to Rs.100 per lot while Geojit charges Rs.20 per Lot.
Commodity futures: This charge covers commodities such as gold, silver, and crude oil. SBI Securities charges 0.05% of Transaction Value while Geojit charges 0.01% of Transaction Value.
Commodity options: This charge applies to option contracts on commodity instruments. SBI Securities charges Rs.50 to Rs.100 per lot while Geojit charges Rs.20 per Lot.
Currency futures: This charge allows participation in forex price movements on the exchange. SBI Securities charges 0.05% of Transaction Value while Geojit charges 0.01% of Transaction Value.
Currency options: This charge enables traders to hedge or speculate on currency fluctuations. SBI Securities charges Rs.20 to Rs.30 per lot while Geojit charges Rs.20 per Lot.
SBI Securities vs Geojit — Detailed Brokerage Comparison
| Brokerage | SBI Securities | Geojit |
|---|---|---|
| Brokerage Plan | Standard Plan | G-Trade Max |
| Subscription Charges | Zero | Zero |
| Equity Delivery | 0.50% of Transaction Value | 0.30% of Transaction Value |
| Equity Intraday | 0.075% of Transaction Value | Rs.20 per Trade or 0.03% (whichever is low) |
| Equity Future | 0.05% of Transaction Value | 0.01% of Transaction Value |
| Equity Option | Rs.50 to Rs.100 per lot | Rs.20 per Lot |
| Commodity Future | 0.05% of Transaction Value | 0.01% of Transaction Value |
| Commodity Option | Rs.50 to Rs.100 per lot | Rs.20 per Lot |
| Currency Future | 0.05% of Transaction Value | 0.01% of Transaction Value |
| Currency Option | Rs.20 to Rs.30 per lot | Rs.20 per Lot |
SBI Securities provides mobile app access, web trading and desktop terminal access for order placement, portfolio tracking, and market monitoring. Geojit provides mobile app access, web trading and desktop terminal access for its users.
Android app: SBI Securities and Geojit both list an Android trading app.
iOS app: SBI Securities and Geojit both list an iOS trading app.
Web trading platform: SBI Securities and Geojit both list a web trading platform.
Desktop trading terminal: SBI Securities and Geojit 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: SBI Securities and Geojit 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.
SBI Securities vs Geojit — Complete Comparison of Trading Platforms
| Trading Platform | SBI Securities | Geojit |
|---|---|---|
| Android App | SBI Securities Android App Link | Geojit Android App Link |
| iOS App | SBI Securities iOS App Link | Geojit iOS App Link |
| Web Trading Platform | SBI Securities Web Trading Link | Geojit Web Trading Link |
| Trading Terminal | Available | Available |
| Algo Trading Platform | NA | NA |
| Foreign Stocks Platform | NA | NA |
| Basket Trading Platform | Available | NA |
| Mutual Fund Platform | Available | Available |
| Digital Gold Platform | NA | NA |
| Bonds Platform | Available | NA |
SBI Securities highlights trading features including watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and stock tips, while Geojit promotes watchlists, real-time updates, portfolio tracking, online mutual fund access, stock tips 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 SBI Securities and Geojit offer this feature.
Real time updates: Get timely updates on market trends, stock prices, and other market data. Both SBI Securities and Geojit offer this feature.
Portfolio details: A detailed snapshot of all investments — stocks, bonds, and commodities — in one place. Both SBI Securities and Geojit offer this feature.
Online mf buy: Buy or sell mutual funds directly from the trading platform or mobile application. Both SBI Securities and Geojit 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 SBI Securities and Geojit 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 SBI Securities and Geojit 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 SBI Securities and Geojit offer this feature.
SBI Securities vs Geojit — Comprehensive Comparison of Trading Features
| Trading Feature | SBI Securities | Geojit |
|---|---|---|
| Wishlist | Yes | Yes |
| Real-Time Updates | Yes | Yes |
| Portfolio Details | Yes | Yes |
| Online MF Buy | Yes | Yes |
| Research Reports | Yes | No |
| Global Indices | No | No |
| Customised Recommendations | No | No |
| Stock Tips | Yes | Yes |
| Interactive Charts | Yes | No |
| Live Market | Yes | Yes |
| Multi Profile Management | Yes | 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 SBI Securities and Geojit.
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: SBI Securities and Geojit 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: SBI Securities and Geojit both list free research reports.
Free trading calls: SBI Securities and Geojit both list free trading calls.
Zero brokerage for loss trades: Neither broker currently highlights zero brokerage for loss-making trades.
Referral offers: SBI Securities offers Upto Rs.700 per Client while Geojit offers Rs.1,000 Vouchers per Client for referrals.
SBI Securities vs Geojit — Comparison of Latest Offers
| Offer | SBI Securities | Geojit |
|---|---|---|
| Free Account Opening | No | Yes |
| Free AMC | No | Yes |
| Free Brokerage | No | No |
| Flat Brokerage | No | Yes, Limited |
| 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 | Upto Rs.700 per Client | Rs.1,000 Vouchers per Client |
| Margin Funding / Pledging | Yes | Yes |
| Brokerage Cashback | Yes | No |
| Zero Brokerage for Loss-Making Trades | No | No |
Product availability determines whether a broker can support your preferred markets. SBI Securities highlights equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures, while Geojit 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.
SBI Securities vs Geojit — Complete Comparison of Products
| Product | SBI Securities | Geojit |
|---|---|---|
| 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 | Yes | No |
| Insurance | Yes | No |
| Corporate Bonds | Yes | No |
| Government Bonds | Yes | No |
| Digital Gold | No | No |
Demat services: SBI Securities and Geojit both list Demat services.
Trading services: SBI Securities and Geojit both list trading services.
Intraday services: SBI Securities and Geojit both list intraday trading services.
F&O services: SBI Securities and Geojit both list F&O services.
IPO services: SBI Securities and Geojit 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: SBI Securities and Geojit both list stock research.
Stock recommendations: SBI Securities and Geojit both list stock recommendations.
Trading education: SBI Securities lists trading education, while Geojit does not currently mention it.
Share pledging: SBI Securities and Geojit both list share pledging.
PMS or PCG: SBI Securities and Geojit both list PMS or PCG support.
NRI services: SBI Securities lists NRI services, while Geojit does not currently mention it.
SBI Securities provides Demat services, trading services, intraday trading, F&O trading, IPO access and 3-in-1 account support, while Geojit offers Demat services, trading services, intraday trading, F&O trading, IPO access and stock research.
SBI Securities vs Geojit — In-Depth Comparison of Services
| Service | SBI Securities | Geojit |
|---|---|---|
| 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 | Yes | No |
| Stock Research | Yes | Yes |
| Stock Recommendations | Yes | Yes |
| Trading Education | Yes, Investor Sarathi | No |
| Share Pledging | Yes | Yes |
| PMS or PCG | Yes | Yes |
| NRI Services | Yes | 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 SBI Securities and Geojit.
SBI Securities and Geojit — Detailed Comparison of Advisory Services
| Advisory | SBI Securities | Geojit |
|---|---|---|
| Fundamental Reports | Yes | Yes |
| Research Reports | Yes | Yes |
| Company Reports | Yes | Yes |
| Annual Reports | Yes | No |
| 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 | Yes | No |
| 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 SBI Securities and Geojit across different segments.
SBI Securities and Geojit — Comprehensive Comparison of Trading Exposure
| Exposure | SBI Securities | Geojit |
|---|---|---|
| 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 |
SBI Securities and Geojit both list a sub-broker program. SBI Securities and Geojit both list a partner program. SBI Securities and Geojit both list a referral program.
SBI Securities vs Geojit — Comparative Analysis of Programs
| Program | SBI Securities | Geojit |
|---|---|---|
| Sub-Broker Program | Yes | Yes |
| Partner Program | Yes | Yes |
| Referral Program | Yes | Yes |
SBI Securities provides support through trading desk support, dedicated dealer assistance, call support, email support and website support. Geojit provides support through trading desk support, dedicated dealer assistance, call support, email support and WhatsApp support. SBI Securities operates Available branches. Geojit operates Available branches.
SBI Securities and Geojit — Comprehensive Comparison of Customer Support
| Support Channel | SBI Securities | Geojit |
|---|---|---|
| Trading Support | Available, Free | Available, Free |
| Dedicated Dealer | Available, Free | Available, Free |
| Call Support | 022-68545555 | 1800-425-5501, 1800-103-5501 |
| 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. SBI Securities carries an overall rating of 8.95 / 10, while Geojit carries an overall rating of 8.52 / 10.
SBI Securities vs Geojit — Ratings Comparison
| Rating Parameter | SBI Securities | Geojit |
|---|---|---|
| Overall Rating | 8.95 / 10 | 8.52 / 10 |
| Customer Support | 8.92 / 10 | 8.49 / 10 |
| Technology | 9.06 / 10 | 8.62 / 10 |
| Charges | 8.99 / 10 | 8.55 / 10 |
| Products & Services | 8.90 / 10 | 8.47 / 10 |
| Experience | 8.88 / 10 | 8.45 / 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.
SBI Securities & Geojit — Comparison of Customer Complaints
| Complaint Metric | SBI Securities | Geojit |
|---|---|---|
| Total Complaints Lodged | 182 | 9 |
| Total Complaints Resolved | 162 | 5 |
| % of Resolved Complaints | 89.01% | 55.56% |
| Non-Actionable Complaints | 11 | 2 |
| % of Non-Actionable Complaints | 6.04% | 22.22% |
Transaction charges are levied by the stockbroker for executing each trade. Below is a segment-wise comparison for SBI Securities and Geojit.
SBI Securities vs Geojit — Detailed Comparison of Transaction Charges
| Transaction Charges | SBI Securities | Geojit |
|---|---|---|
| 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.
SBI Securities and Geojit — Detailed Comparison of Hidden / Other Charges
| Charge | SBI Securities | Geojit |
|---|---|---|
| SEBI Turnover Charges | ||
| DP Charges | ||
| GST | ||
| Account Closure Charges | ||
| Reactivation Charges | ||
| Dematerialisation Charges | ||
| Call & Trade Charges |
SBI Securities lists account opening charges of Rs.850 and Demat AMC of Rs.750. Geojit lists account opening charges of Free and Demat AMC of Free.
SBI Securities vs Geojit — Detailed Comparison of Demat Charges
| Demat Charges | SBI Securities | Geojit |
|---|---|---|
| Account Opening Charges | Rs.850 | Free |
| Annual Maintenance Charges (AMC) | Rs.750 | 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.
SBI Securities vs Geojit — Comparative Analysis of STT and CTT Charges
| STT & CTT | SBI Securities | Geojit |
|---|---|---|
| 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.
SBI Securities and Geojit — Comparison of Stamp Duty Charges
| Stamp Duty | SBI Securities | Geojit |
|---|---|---|
| Equity Delivery | ||
| Equity Intraday | ||
| Equity Future | ||
| Equity Option | ||
| Commodity Future | ||
| Commodity Option | ||
| Currency Future | ||
| Currency Option |