Goodwill Wealth vs Geojit – Compare Charges, Trading Features, Offers & more

Find a Comparison of Goodwill Wealth vs Geojit 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 Goodwill Wealth and Geojit.

Background

Year of Incorporation 2008 1996
Website https://www.gwcindia.in/ https://www.geojit.com/
Phone 044 4032 9999 1800-425-5501
Exchanges enabled BSE, NSE, MCX NSE, BSE, MCX-SX
Demat (NSDL/CDSL) CDSL NSDL & CDSL
Brokerage

Equity 0.33% on Delivery & 0.03% on Intraday 0.03% Intraday & 0.30% Delivery
Equity Futures 0.03% per Executed Order 0.01% of Turnover
Equity Options Rs 30 per lot Rs 50 per lot
Currency Futures 0.03% per executed order 0.03% of Turnover
Currency Options Rs 30 per lot Rs 50 per lot
Commodity Rs 30 per lot Not Available
Account Opening Costs

Trading only Rs. 200 Free
Trading & Demat Rs. 200 Free
Commodity Rs. 200 Not Available
Transparency & other costs

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

Equity 0.00325% (NSE) & 0.00375% (BSE) 0.00325% of Turnover
Futures 0.0019% (NSE & BSE) 0.0021% of Turnover
Options 0.05% (on premium) 0.055% of Turnover
Commodities 0.00436% of Turnover Not Available
AMC charge Rs.350 per Year Rs 400 per year
DP Transaction Charge Rs 30 per Scrip Rs 15 per debit transaction or 0.02% whichever is higher
Offline order placing Charge Nil 0
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 7 Days 20 Days
End of Day 5 Years 5 years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 2x for Delivery & Upto 5x for Intraday Upto 5x on Intraday and Upto 1x on Delivery
Equity Futures Upto 2x Upto 1x for Intraday
Equity Options Upto 5x Upto 2x for Intraday
Currency Futures Upto 2x Upto 1x for Intraday
Currency Options Upto 3x Upto 2x for Intraday
Commodity Upto 5x Not Available
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 10.67 Lakhs Rs 47.7 Crores
Profit after Tax FY12/13 Rs 10.71 Lakhs Rs 49.4 Crores
Profit after Tax FY13/14 Rs 13.38 Lakhs Rs 75.8 Crores
Profit after Tax FY 14/15 Rs 15.82 Lakhs Rs 88.00 Crores
Profit after Tax FY 15/16 Rs 22.88 Lakhs Rs 107.71 Crores
Profit after Tax FY 16/17 Rs 30.17 Lakhs Rs 137.49 Crores
Profit after Tax FY 17/18 Rs 32.22 Lakhs Rs 108.82 Crores
Profit after Tax FY 18/19 Rs 39.36 Lakhs Rs 93.60 Crores
Profit after Tax FY 19/20 Rs 38.00 Lakhs Rs 139.00 Crores
Profit after Tax FY 20/21 Rs 45.85 Lakhs Rs 128.86 Crores
Profit after Tax FY 21/22 Rs 50.41 Lakhs Rs 137.74 Crores
Profit after Tax FY 22/23 Rs 53.66 Lakhs Rs 160.05 Crores
Debt FY11/12 Rs 12.27 Lakhs Rs 27.58 Crores
Debt FY12/13 Rs 16.53 Lakhs Rs 37.03 Crores
Debt FY13/14 Rs 16.32 Lakhs Rs 29.78 Crores
Debt FY14/15 Rs 18.71 Lakhs Rs 33.25 Crores
Debt FY15/16 Rs 12.87 Lakhs Rs 31.87 Crores
Debt FY16/17 Rs 19.81 Lakhs Rs 33.85 Crores
Debt FY17/18 Rs 11.07 Lakhs Rs 40.37 Crores
Debt FY18/19 Rs 17.64 Lakhs Rs 37.81 Crores
Debt FY19/20 Rs 19.66 Lakhs Rs 40.51 Crores
Debt FY20/21 Rs 12.46 Lakhs Rs 39.63 Crores
Debt FY21/22 Rs 14.41 Lakhs Rs 45.75 Crores
Debt FY22/23 Rs 16.35 Lakhs Rs 41.96 Crores
Profit to Equity(%) FY11/12 11.13% 31.3
Profit to Equity(%) FY12/13 13.28% 11.9
Profit to Equity(%) FY13/14 14.33% 18.2
Profit to Equity(%) FY14/15 14.42% 24.43
Profit to Equity(%) FY15/16 18.15% 35.17
Profit to Equity(%) FY16/17 17.74% 37.26
Profit to Equity(%) FY17/18 17.53% 40.67
Profit to Equity(%) FY18/19 18.68% 34.85
Profit to Equity(%) FY19/20 18.09% 30.01
Profit to Equity(%) FY20/21 19.37% 34.15
Profit to Equity(%) FY21/22 20.81% 39.42
Profit to Equity(%) FY22/23 21.97% 30.34
Balance Sheet Size FY11/12 Rs 2094.36 Crores Rs 614 Crores
Balance Sheet Size FY12/13 Rs 2718.97 Crores Rs 610 Crores
Balance Sheet Size FY13/14 Rs 3054.10 Crores Rs 644 Crores
Balance Sheet Size FY14/15 Rs 3146.81 Crores Rs 686.71 Crores
Balance Sheet Size FY15/16 Rs 3373.32 Crores Rs 673.67 Crores
Balance Sheet Size FY16/17 Rs 3594.45 Crores Rs 960.37 Crores
Balance Sheet Size FY17/18 Rs 3875.20 Crore Rs 900.92 Crores
Balance Sheet Size FY18/19 Rs 4280.67 Lakh Rs 919.72 Crores
Balance Sheet Size FY19/20 Rs 4503.50 Crores Rs 1013.81 Crores
Balance Sheet Size FY20/21 Rs 4314.17 Crores Rs 1050.98 Crores
Balance Sheet Size FY21/22 Rs 5287.38 Crores Rs 944.55 Crores
Balance Sheet Size FY22/23 Rs 5821.90 Crores Rs 921.74 Crores

Comparison Link:

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Frequently Asked Questions

Is Goodwill Wealth better than Geojit ?

Goodwill Wealth and Geojit 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 better than Goodwill Wealth ?

Goodwill Wealth and Geojit 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 Goodwill Wealth cheaper than Geojit ?

Goodwill Wealth and Geojit 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 Geojit cheaper than Goodwill Wealth ?

Goodwill Wealth and Geojit 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 Goodwill Wealth vs. Geojit ?

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