Networth Direct Vs Geojit BNP Paribas – Share Brokers Comparison
Networth Direct Vs Geojit BNP Paribas
Here is a point by point comparison of Networth Direct Vs Geojit BNP Paribas. Geojit BNP Paribas is one of the prominent full service brokers in India with 8,00,000 clients across 509 offices across the country. At the same time, Geojit BNP Paribas also has international presence across middle eastern countries such as Saudi Arabia, Bahrain, UAE, Oman and Kuwait. Networth Direct (earlier called Monarch Networth) is a full service stock broker based out of Ahmedabad with a total employee strength of around 650. The broker is known for a wide range of trading and investment products along with decent research quality. Furthermore, the broker has an offline presence in around 325 locations across different parts of India.
Full service brokers such as Networth Direct or Geojit BNP Paribas will help you, spoon feed you, hand hold you through the process, even if you need an offline help, meet someone, talk to somebody and so on. Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between Networth Direct Vs Geojit BNP Paribas to help you find which of the two suits your needs better. The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Generally above mentioned aspects are good enough to make a decision based on your preferences, but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stock broking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
Comparison
Networth Direct Review | Geojit BNP Paribas Review | |
OVERVIEW | ||
Broker Type | Full Service Broker | Full Service Broker |
Incorporated In the Year | 1995 | 1987 |
Number of branches across India | 325 | 509 |
Exchanges | NSE, BSE, MCX-SX, MCX and NCDEX | BSE, NSE, MCX-SX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹0 | ₹425 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹0 |
Demat Account Annual Maintenance Charges | ₹400 | ₹0 |
Transaction Charges | Monarch Networth Transaction Charges | Geojit BNP Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.3% to 0.1% | 0.3% |
Intraday Delivery | 0.05% to 0.03% | 0.03% |
Equity Futures | 0.05% to 0.03% | 0.03% |
Equity Options | ₹60 to ₹25 per lot | ₹125 per contract |
Currency Futures | 0.05% to 0.03% | 0.03% |
Currency Options | ₹60 to ₹25 per lot | ₹125 per contract |
Commodity | 0.05% to 0.03% | NA |
Brokerage Calculator | Networth Capital Brokerage Calculator | Geojit BNP Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 10 times for Intraday, & 3 times for Delivery | Intraday upto 10 times, For Delivery upto 7 days but with interest of 22%/annum |
Equity Futures | Upto 3 times Intraday | No additional leverage for Intraday |
Equity Options | No Leverage | No additional leverage for Intraday |
Currency Futures | Upto 2 times Intraday | No additional leverage for Intraday |
Currency Options | No Leverage | No additional leverage for Intraday |
Commodities | Upto 3 times Intraday | NA |
RESEARCH | ||
Daily Market Reports | ||
Tips/Recommendations | ||
Quarterly Analysis | ||
News Alerts | ||
TRADING SEGMENTS | ||
Equity | ||
Mutual Funds | ||
IPOs | ||
Currency | ||
Commodity | ||
CUSTOMER SERVICE OPTIONS | ||
Email Support | ||
Live Chat | ||
Phone | ||
Toll Free Number | ||
Offline Branches | ||
FEATURES | ||
Mobile Trading | ||
Orders Accepted After Trading Hours | ||
Charting | ||
SMS Alerts | ||
Robo Advisory | ||
Automated Trading | ||
Market Tips | ||
Margin Funding | ||
Relationship Managers | ||
3 in 1 Account | ||
Trading Platform(s) | MNCL Mobile, N-Easy, N-Swift | Selfie Platinum, Selfie Gold, Mobile App |
Total BSE+NSE Complaints %age | 0.07% | 0.01% |
OVERALL RATING | ||
Have you in the past or are currently trading with any of the above stock brokers? If yes, would you like to share your experience(s) with Networth Direct Vs Geojit BNP Paribas for the benefits of other readers. Please feel free to share in the comments below.
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