Geojit - Demat & Trading

hiteshagarwal_lp · #1 28th October 2004, 08:11 AM

Hi,

I m trading at geojit financial services Ltd. The following are the benefits there;

1) MTM, Exposures & other margins are maintained correctly (which help small investors to limit their losses & even traders to limit their losses via MTM.

2) Demat service and also internet DP & contract via a personal e-mail, this service is really a state of the art service.
Actually when you go for your accounting for the financial year then you don't have to rush for your contract which came to you by some snail mail.
Then another benefit is that if you sell or buy any share, it will directly be debited or credited automatically to your demat account, you don't have to rush to the broker for trading and then to Demat banker for the instructions.

The following are the negatives there;

1) Till date I am not able to match my accounts with theirs, always there is a difference of some hundred rupees, and also if I go to ask the details of the charges charged by them none of their staff knows anything regarding that.

2) Loads of paper work for opening a account or just to edit some settings of your account(

) they give you a bunch of paper and no. of signs, this becomes easy when some day this will also become digitalised. (slowly it will happen as MAPIN is coming into effect)

The above were my observations & experience with GEOJIT FINANCIAL SERVICES LTD.

Bye

HITESH

Traderji · #2 28th October 2004, 08:33 AM

Thanks Hitesh for this very informative review!

Kandhan · #3 2nd June 2005, 11:44 AM

Hi hitesh,
U didn't mention about their online trading. R u using their online trading service?

Kandhan · #4 2nd June 2005, 11:45 AM

also pls tell me their brokerage rates for online trading.

yartushar · #5 1st August 2006, 02:09 PM

the following are the brokerage rates of geojit for online trading:-

.03 for intra day (buy and sell on the same day)
.3 for delivery

amit0014628_am · #6 11th August 2006, 06:01 PM

hi
the following are the brokerage rates of geojit for online trading:-

.03 for intra day (buy and sell on the same day)
.3 for delivery
Do geojit offer charts and technical analysis for daytrading . What about margine offered by them?

bozz · #7 27th August 2006, 08:20 PM

which is better ? .... indiabulls or geojit

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