Geojit vs ICICI Direct – Compare Charges, Trading Features, Offers & more

Find a Comparison of Geojit vs ICICI Direct here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Geojit and ICICI Direct.

Background

Year of Incorporation 1996 2000
Website https://www.geojit.com/ https://www.icicidirect.com/
Phone 1800-425-5501 022 3355 1122
Exchanges enabled NSE, BSE, MCX-SX NSE & BSE
Demat (NSDL/CDSL) NSDL & CDSL NSDL & CDSL
Brokerage

Equity 0.03% Intraday & 0.30% Delivery 0.05% Equity Intraday
Equity Futures 0.01% of Turnover 0.05% or Rs 50 per Trade
Equity Options Rs 50 per lot 0.05% or Rs 50 per Trade
Currency Futures 0.03% of Turnover Rs 20 per executed order
Currency Options Rs 50 per lot Rs 20 per executed order
Commodity Not Available Rs 20 per executed order
Account Opening Costs

Trading only Free Free
Trading & Demat Free Rs 975 for 3 in 1 Account
Commodity Not Available Rs 0
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% of Turnover 0.00325% of Turnover
Futures 0.0021% of Turnover 0.0019% of Turnover
Options 0.055% of Turnover 0.05% of Turnover
Commodities Not Available 0.05% of Turnover
AMC charge Rs 400 per year Rs 700 per Year
DP Transaction Charge Rs 15 per debit transaction or 0.02% whichever is higher Rs 25/Transaction or 0.05% whichever higher
Offline order placing Charge 0 0
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 20 Days 20 Days
End of Day 5 years 10 years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 5x on Intraday and Upto 1x on Delivery Upto 1x on Delivery & Upto 5x on Intraday
Equity Futures Upto 1x for Intraday Upto 4x
Equity Options Upto 2x for Intraday Not for buying but upto 2x for shorting
Currency Futures Upto 1x for Intraday 1x
Currency Options Upto 2x for Intraday 1x
Commodity Not Available 1x
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 47.7 Crores Rs 77.1 Crores
Profit after Tax FY12/13 Rs 49.4 Crores Rs 68.2 Crores
Profit after Tax FY13/14 Rs 75.8 Crores Rs 74.9 Crores
Profit after Tax FY 14/15 Rs 88.00 Crores Rs 79.52 Crores
Profit after Tax FY 15/16 Rs 107.71 Crores Rs 96.88 Crores
Profit after Tax FY 16/17 Rs 137.49 Crores Rs 132.64 Crores
Profit after Tax FY 17/18 Rs 108.82 Crores Rs 100.80 Crores
Profit after Tax FY 18/19 Rs 93.60 Crores Rs 134.63 Crores
Profit after Tax FY 19/20 Rs 139.00 Crores Rs 123.16 Crores
Profit after Tax FY 20/21 Rs 128.86 Crores Rs 85.59 Crores
Profit after Tax FY 21/22 Rs 137.74 Crores Rs 105.82 Crores
Profit after Tax FY 22/23 Rs 160.05 Crores Rs 115.43 Crores
Debt FY11/12 Rs 27.58 Crores Rs 209 Crores
Debt FY12/13 Rs 37.03 Crores Rs 219 Crores
Debt FY13/14 Rs 29.78 Crores Rs 317 Crores
Debt FY14/15 Rs 33.25 Crores Rs 350.83 Crores
Debt FY15/16 Rs 31.87 Crores Rs 462.09 Crores
Debt FY16/17 Rs 33.85 Crores Rs 335.99 Crores
Debt FY17/18 Rs 40.37 Crores Rs 555.66 Crores
Debt FY18/19 Rs 37.81 Crores Rs 559.36 Crores
Debt FY19/20 Rs 40.51 Crores Rs 389.28 Crores
Debt FY20/21 Rs 39.63 Crores Rs 536.48 Crores
Debt FY21/22 Rs 45.75 Crores Rs 598.99 Crores
Debt FY22/23 Rs 41.96 Crores Rs 582.15 Crores
Profit to Equity(%) FY11/12 31.3 32%
Profit to Equity(%) FY12/13 11.9 21%
Profit to Equity(%) FY13/14 18.2 27.07%
Profit to Equity(%) FY14/15 24.43 29.22%
Profit to Equity(%) FY15/16 35.17 30.63%
Profit to Equity(%) FY16/17 37.26 32.89%
Profit to Equity(%) FY17/18 40.67 41.55%
Profit to Equity(%) FY18/19 34.85 40.19%
Profit to Equity(%) FY19/20 30.01 26.41%
Profit to Equity(%) FY20/21 34.15 33.02%
Profit to Equity(%) FY21/22 39.42 41.00%
Profit to Equity(%) FY22/23 30.34 43.78%
Balance Sheet Size FY11/12 Rs 614 Crores Rs 908 Crores
Balance Sheet Size FY12/13 Rs 610 Crores Rs 948 Crores
Balance Sheet Size FY13/14 Rs 644 Crores Rs 1620 Crores
Balance Sheet Size FY14/15 Rs 686.71 Crores Rs 1857.26 Crores
Balance Sheet Size FY15/16 Rs 673.67 Crores Rs 1903.86 Crores
Balance Sheet Size FY16/17 Rs 960.37 Crores Rs 1983.64 Crores
Balance Sheet Size FY17/18 Rs 900.92 Crores Rs 2222.18 Crores
Balance Sheet Size FY18/19 Rs 919.72 Crores Rs 2350.41 Crores
Balance Sheet Size FY19/20 Rs 1013.81 Crores Rs 2470.58 Crores
Balance Sheet Size FY20/21 Rs 1050.98 Crores Rs 2747.85 Crores
Balance Sheet Size FY21/22 Rs 944.55 Crores Rs 2921.25 Crores
Balance Sheet Size FY22/23 Rs 921.74 Crores Rs 3061.50 Crores

Comparison Link:

Compare Geojit Compare ICICI Direct
Geojit Vs Punch Trade ICICI Direct Vs Punch Trade
Geojit Vs BlinkX ICICI Direct Vs BlinkX
Geojit Vs Lemonn ICICI Direct Vs Lemonn
Geojit Vs Mandot Securities ICICI Direct Vs Mandot Securities
Geojit Vs HDFC Sky ICICI Direct Vs HDFC Sky
Geojit Vs Dhan ICICI Direct Vs Dhan
Geojit Vs Goodwill Wealth ICICI Direct Vs Goodwill Wealth
Geojit Vs Shoonya by Finvasia ICICI Direct Vs Shoonya by Finvasia
Geojit Vs NJ Wealth ICICI Direct Vs NJ Wealth
Geojit Vs Paytm Money ICICI Direct Vs Paytm Money
Geojit Vs Globe Capital ICICI Direct Vs Globe Capital
Geojit Vs Finvasia ICICI Direct Vs Finvasia
Geojit Vs Cholamandalam Securities ICICI Direct Vs Cholamandalam Securities
Geojit Vs Canara Bank ICICI Direct Vs Canara Bank
Geojit Vs Axis Direct ICICI Direct Vs Axis Direct
Geojit Vs Alice Blue ICICI Direct Vs Alice Blue
Geojit Vs 5Paisa ICICI Direct Vs 5Paisa
Geojit Vs M.stock ICICI Direct Vs M.stock
Geojit Vs WisdomCapital ICICI Direct Vs WisdomCapital
Geojit Vs Way2wealth ICICI Direct Vs Way2wealth
Geojit Vs Ventura Securities ICICI Direct Vs Ventura Securities
Geojit Vs Navia Markets Ltd ICICI Direct Vs Navia Markets Ltd
Geojit Vs Tradejini ICICI Direct Vs Tradejini
Geojit Vs Tata Securities ICICI Direct Vs Tata Securities
Geojit Vs Swastika Investmart ICICI Direct Vs Swastika Investmart
Geojit Vs SMC Global ICICI Direct Vs SMC Global
Geojit Vs SBICAP Securities ICICI Direct Vs SBICAP Securities
Geojit Vs SASOnline ICICI Direct Vs SASOnline
Geojit Vs Samco securities ICICI Direct Vs Samco securities
Geojit Vs RK Global ICICI Direct Vs RK Global
Geojit Vs Reliance Securities ICICI Direct Vs Reliance Securities
Geojit Vs Nirmal Bang ICICI Direct Vs Nirmal Bang
Geojit Vs Master Trust Capital ICICI Direct Vs Master Trust Capital
Geojit Vs Kotak Securities ICICI Direct Vs Kotak Securities
Geojit Vs Interactive Brokers ICICI Direct Vs Interactive Brokers
Geojit Vs IIFL Securities ICICI Direct Vs IIFL Securities
Geojit Vs Dhani ICICI Direct Vs Dhani
Geojit Vs IDBI Capital ICICI Direct Vs IDBI Capital
Geojit Vs HDFC Securities ICICI Direct Vs HDFC Securities
Geojit Vs Fyers Securities ICICI Direct Vs Fyers Securities
Geojit Vs Edelweiss Capital ICICI Direct Vs Edelweiss Capital
Geojit Vs Easytradez ICICI Direct Vs Easytradez
Geojit Vs Rupeezy ICICI Direct Vs Rupeezy
Geojit Vs Anand Rathi ICICI Direct Vs Anand Rathi
Geojit Vs Aditya Birla Money ICICI Direct Vs Aditya Birla Money
Geojit Vs Achiievers ICICI Direct Vs Achiievers
Geojit Vs Angel One ICICI Direct Vs Angel One
Geojit Vs Motilal Oswal ICICI Direct Vs Motilal Oswal
Geojit Vs Sharekhan ICICI Direct Vs Sharekhan
Geojit Vs Groww ICICI Direct Vs Groww
Geojit Vs Tradesmart Online ICICI Direct Vs Tradesmart Online
Geojit Vs Upstox ICICI Direct Vs Upstox
Geojit Vs Zerodha ICICI Direct Vs Zerodha

Frequently Asked Questions

Is Geojit better than ICICI Direct ?

Geojit and ICICI Direct are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is ICICI Direct better than Geojit ?

Geojit and ICICI Direct are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Geojit cheaper than ICICI Direct ?

Geojit and ICICI Direct are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is ICICI Direct cheaper than Geojit ?

Geojit and ICICI Direct are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Geojit vs. ICICI Direct ?

To find out the better of the two stockbrokers Geojit and ICICI Direct, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.