FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
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Finvasia Vs Geojit Vs IIFL Securities: Which one is better?

The brokerage of Finvasia ranges between Rs 0, the brokerage of Geojit ranges between .03 to .3%, while the brokerage of IIFL Securities ranges between Rs 20. The broker Geojit and IIFL Securities are a full service brokers where Finvasia is a discount broker. Overall rating for Finvasia is 4, Geojit is rated 4, IIFL Securities is rated 4 out of 5.

Here we present side-by-side comparison of Finvasia vs Geojit vs IIFL Securities stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Finvasia vs Geojit vs IIFL Securities on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better Finvasia vs Geojit vs IIFL Securities in this setion with 360 degree view of broker information.

Compare Finvasia vs Geojit vs IIFL Securities on Service

  Finvasia Compare
Finvasia
Geojit Compare
Geojit
IIFL Securities Compare
IIFL Securities
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Full Service Broker Full Service Broker
Exchanges Supported BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Broker Overview Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S... Know more about Finvasia Open a Free Demat Account online with Geojit BNP Paribas today to start online trading on the state-of-the-art trading platforms; SELFIE app, web, and desktop terminal, and also get financial planning, portfolio management services, and get free acce...Know more about Geojit IIFL (India Infoline) is one of the prominent full-service brokers in India backed by complete investment planning solutions, cutting-edge technology platforms (IIFL Markets app and Trader Terminal), the industry’s best research & advisory,... Know more about IIFL Securities
Broker Enquiry Request call back from IIFL Securities Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Finvasia vs Geojit vs IIFL Securities on Trading & Demat Account Opening Charges

In this section we have compared Finvasia vs Geojit vs IIFL Securities on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - Finvasia charges Free as AMC for Demat account, Geojit charges Rs 700 PA AMC for Demat account, where IIFL Securities charges Rs 250 PA (Free for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Finvasia vs Geojit vs IIFL Securities
Charges Finvasia Geojit IIFL Securities
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Free Rs 700 PA Rs 250 PA (Free for 1st year)
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Finvasia vs Geojit vs IIFL Securities on Plan Options

Plans are the most important feature you look when compare Finvasia vs Geojit vs IIFL Securities. This section copare on high level about type of plans offered by brokers. Miltiple Plans - All 3 brokers don't have Multiple Plans, brokers offer only single plan. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare Finvasia vs Geojit vs IIFL Securities on Plan Options
Plan Types Finvasia Geojit IIFL Securities
Multiple Plans No No No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  IIFL Securities Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Finvasia vs Geojit vs IIFL Securitieson Brokerage Charges

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.

Geojit Brokerage Plan detail - This is a standard plan by Geojit This is % based brokerage plan.This is % based brokerage plan. Brokerage is between .03% to .3%, which is 3 paisa to 30 paisa.

IIFL Securities Brokerage Plan detail - IIFL iSERVE flat discount brokerage plan charges a maximum of Rs. 20 per order brokerage across segments.

Brokerage Charges - Compare Finvasia vs Geojit vs IIFL Securities
Brokerage Charges Compare Finvasia Geojit IIFL Securities
Plan Name Zero Brokerage Trading Plan Online Trading Plan (Percentage Based) IIFL iSERVE Brokerage Plan
Equity Delivery Rs 0 0.30% or 30 paisa Flat Rs 20 per order
Equity Intraday Rs 0 0.03% or 3 paisa Flat Rs 20 per order
Equity Futures Rs 0 0.01% Flat Rs 20 per order
Equity Options Rs 0 Rs 50 Per Lot Flat Rs 20 per order
Currency Futures Rs 0 0.03% or 3 paisa Flat Rs 20 per order
Currency Options Rs 0 Rs 50 Per Lot Flat Rs 20 per order
Commodity Trading Rs 0 0.05% (Buy and sell)| Options: Rs. 150/lot| Option Flat Rs 20 per order
Minimum Brokerage NA 1p per share or Rs 20/contract whichever is higher
Hidden Charges No Info Not Available
Call & Trade Charges Free Free Rs 50 Per Call + GST
Auto Square off Charges Free Free Rs 50 Per Call + GST
Brokerage Calculator Brokerage Calculator for Finvasia Brokerage Calculator for Geojit Brokerage Calculator for IIFL Securities
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Share Broker's Transaction Charges

Compare Finvasia vs Geojit vs IIFL Securities on Transaction Charges

Compare Finvasia vs Geojit vs IIFL Securities on transaction charges and PCM fee by segment.

Transaction Charges - Compare Finvasia vs Geojit vs IIFL Securities
Transaction Charges Compare Finvasia Geojit IIFL Securities
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for finvasia Complete Brokerage Plans for geojit Complete Brokerage Plans for iifl-securities
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Account Features

Compare Finvasia vs Geojit vs IIFL Securities on Account Features

Compare Finvasia vs Geojit vs IIFL Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - All 3 brokers offers 2-in-1 account which includes trading and demat account. Margin Funding - Geojit and IIFL Securities offers margin funding where Finvasia doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.

Account Features - Finvasia vs Geojit vs IIFL Securities
Account Features Compare Finvasia Geojit IIFL Securities
3 in 1 Account No Finvasia have 2-in-1 account. Only Demate and Trading account. No Finvasia have 2-in-1 account. Only Demate and Trading account. No IIFL Securities have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading Yes No No
SMS Alerts No Yes Yes
Online Demo Yes Yes Yes
Online Portfolio Yes Yes Yes
Margin Trading Funding Available No Yes Yes
Combined Ledger for Equity and Commodity Yes Yes Yes
Intraday Square-off Time 3:15 PM 3:15PM 3:15PM
NRI Trading Yes Yes Yes
Other Features NIL NIL NIL
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Trading Platform

Compare Finvasia vs Geojit vs IIFL Securitieson Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Finvasia vs Geojit vs IIFL Securities. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare Finvasia vs Geojit vs IIFL Securities
Trading Platform Compare Finvasia Geojit IIFL Securities
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://trade.finvasia.com/

https://selfie.geojit.net/

https://ttweb.indiainfoline.com

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App SCALPERT SELFIE Geojit IIFL Markets
Mobile Trading App Demo SCALPERT Demo SELFIE Geojit Demo IIFL Markets Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod SCALPERT Download Andriod SELFIE Geojit Download Andriod Download
iPhone Mobile App (IOS) No No Yes
iOS App Download Info Not Available iOS SELFIE Geojit Download iOS IIFL Markets Download
Android Tablet App Yes Yes Yes
iPad App (IOS) No No Yes
Trading Software Charges Basic platforms are free, advance platforms are chargeable. Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for Geojit Equity Intraday and Delivery Brokerage Calculator for IIFL Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for Geojit Futures Brokerage Calculator for IIFL Securities
Options Brokerage Calculator Options Brokerage Calculator for Finvasia Options Brokerage Calculator for Geojit Options Brokerage Calculator for IIFL Securities
Detail Detail on Trading Platforms for finvasia Detail on Trading Platforms for geojit Detail on Trading Platforms for iifl-securities

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Broker Ratings by Users

Compare Finvasia vs Geojit vs IIFL Securities on User Rating

  Finvasia Geojit IIFL Securities
  17 Customer Reviews    Rate Finvasia 79 Customer Reviews    Rate Geojit 82 Customer Reviews    Rate IIFL Securities
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Finvasia is Rated 4.2 / 5 based on 17 customer reviews Geojit is Rated 3.7 / 5 based on 79 customer reviews IIFL Securities is Rated 2.8 / 5 based on 82 customer reviews
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Investment Offerings

Compare Finvasia vs Geojit vs IIFL Securities on Investment Offerings

Compare Finvasia vs Geojit vs IIFL Securities on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - All 3 brokers offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - Geojit and IIFL Securities offers PMS facility where Finvasia doesn't offers PMS facility.

Investment Offerings - Compare Finvasia vs Geojit vs IIFL Securities
Investment Offerings Compare Finvasia Geojit IIFL Securities
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application Yes No Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes Yes
ETF Yes Yes Yes
Banking No No No
Insurance No Yes Yes
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment No Yes Yes
PMS Service No Yes Yes
Other Investment Options NIL Insurance NIL
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Customer Service Offered

Compare Finvasia vs Geojit vs IIFL Securities on Customer Service

Compare Finvasia vs Geojit vs IIFL Securities on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare Finvasia vs Geojit vs IIFL Securities
Customer Service Compare Finvasia Geojit IIFL Securities
24/7 Customer Service No No Yes
Email Support Yes Yes Yes
Onine Live Chat Yes No Yes
Phone Support Yes Yes Yes
Toll Free Number No Yes Yes
Through Branches No Yes Yes
Customer Care Number Support: +91 9779 097 777/Sales: +91 9098 001 001 1800-425-5501/1800-103-5501/91-484-2405822 022-40071000
Account Opening Process Online/Paperless Offline Online/Paperless
Customer Support Email [email protected]/[email protected] [email protected] [email protected]
Knowledge Center/Education https://finvasia.com/announcements https://insights.geojit.com/ https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx
Head Office Address Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
Geojit Financial Services Ltd.
34/659-P,
Civil Line Road Padivattom,
Kochi 682024
IIFL House, Sun Infotech Park,
Road No. 16V, Plot No. B-23,
MIDC, Thane Industrial Area,
Wagle Estate, Thane-MH-400604
Website https://www.finvasia.com/ https://www.geojit.com/ https://www.indiainfoline.com/
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Tips/Research/Reports Published

Compare Finvasia vs Geojit vs IIFL Securities on Research Reports, Tips

Compare Finvasia vs Geojit vs IIFL Securities on research reports and tips provided by broker.

Research Reports - Compare Finvasia vs Geojit vs IIFL Securities
  Finvasia Geojit IIFL Securities
Research Mutual Funds No Yes Yes
Research Equity Reports No Yes Yes
Research ETF No Yes Yes
Daily Market Report No Yes Yes
Free Tips No Yes Yes
Quarterly Result Analysis No Yes Yes
News Alerts No Yes Yes
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Demat Account

Compare Finvasia vs Geojit vs IIFL Securities on Demat Account

Compare Finvasia vs Geojit vs IIFL Securities on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Finvasia vs Geojit vs IIFL Securities
  Finvasia Geojit IIFL Securities
DP Source CDSL CDSL CDSL
DP ID 84300 48900 44700
Demat Account Annual Maintenance Charges(AMC) Free ₹600 pa ₹400 pa
Advance Deposit Rs 0 NIL Nil
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) ₹9 + ₹5.50 (CDSL Charges) for every transaction 0.02% of transaction value (Max ₹40) + CDSL charges 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges)
Demat ₹15 per certificate ₹100 per demat request max 5 + ₹20 each additional certificate ₹15 per certificate + ₹40 courier charges
Remat ₹15 for every hundred securities + CDSL Charges ₹10 per certificate or ₹10 per certificate which ever is higher + ₹35 courier charges ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges
Pledge Creation ₹25 per transaction ₹50 per transaction ₹50
Pledge Creation Confirmation NIL Nil Nil
Pledge Closure ₹25 per transaction Nil Nil
Pledge Closure Confirmation NIL Nil Nil
Pledge Invocation ₹19 per transaction ₹50 per transaction Nil
Failed Instruction Charges ₹49 Nil Nil
Other Charges
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Special Offers,Advantages,Disadvantages

Compare Finvasia vs Geojit vs IIFL Securities on Special Offers and Promotion

Compare Finvasia vs Geojit vs IIFL Securities on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Finvasia vs Geojit vs IIFL Securities on Special Offers and Promotion
  Finvasia Geojit IIFL Securities
Likes

No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;

  • Zero account opening fees.
  • Commission or Brokerage-free trading across all segments.
  • Free and easy-to-use platforms; Shoonya web, app, and exe desktop software.
  • Free of cost Shoonya Developer API.
  • Start algo trading with HFT Algo.
  • Invest in IPO, bonds, and direct mutual funds.
  • Finvasia allows BTST (Buy Today, Sell Tomorrow) facility.
  • Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO).
  • GTT (Good Till Triggered order) is available across all segments with 1 year validity.
  • Zero call & trade charges.
  • No annual maintenance fee.
  • Zero hidden charges.
  • Lowest DP Charges.

Detail Review...

  • Trade and invest in stocks, derivatives, commodities, and currencies.
  • Zero account opening charges and Zero AMC.
  • 3-in-1 account opening.
  • Invest in smartfolios, a basket of stocks.
  • Diversify your portfolio with global investment.
  • In-depth stocks and mutual fund research access for free.
  • STEPS, comprehensive financial planning, and investment advisory
  • Apply for IPO and invest in mutual funds.
  • Secure & user-friendly SELFIE superfast platform in web, app, and desktop versions.
  • FundsGenie, a dedicated mutual fund app platform.
  • Great quality customer care support.
  • 4x exposure on Margin trading facility (MTF).
  • Place buy and sell GTT order.
  • Loans against shares.

Detail Review...

  • Hassle-free onboarding process at zero paperwork.
  • Zero Demat AMC for 1 year.
  • Lowest brokerage online trading at just Rs. 20/order
  • Free state-of-the-art mobile app, web, and desktop trading software.
  • Paperless mutual fund investment at zero brokerage.
  • Smart tools like order slicing, equitySIP, futures & options strategy builder, algo trading, advanced screeners, etc.
  • Comprehensive equity and mutual funds research.
  • Pre-IPO apply
  • Place bracket order (BO), cover order (CO), aftermarket order (AMO), and Valid Till Date (VTD) order.
  • Margin trading facility.
  • Blogs and knowledge center for beginners.

Detail Review...

Dislikes

Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;

  • Does not provide margin funding.
  • You cannot open a 3-in-1 account with Finvasia.
  • Finvasia is an online discount broker and does not have any physical branches.
  • It does not provide intraday trading tips, investment ideas, and research
  • No dedicated relationship manager.

Detail Review...

  • Geojit charges relatively high brokerage compared to other full-service brokers like Angel One, Edelweiss.
  • FundsGenie mutual fund app is not available for iOS platform users.

Detail Review...

  • IIFL not being a part of any banking organization does not provide a 3-in-1 account opening facility to trade with ease and flexibility.
  • If you only invest in stocks (Delivery, CNC order) then Zerodha and Prostocks are the best brokers who offer free delivery trading.

Detail Review...

Special Offers/Promo Free Account Opening+Free Demat AMC+Free Trading.
Enquire for Finvasia Enquire for Geojit Enquire for IIFL Securities

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