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Geojit

India|5-10 years|
High potential risk|

https://www.geojit.com/

Website

Rating Index

Influence

Influence

D

Influence index NO.1

Sweden 2.67

Surpassed 15.30% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+91 1800-425-5501
customercare@geojit.com
https://www.geojit.com/
34/659-P, Civil Line Road, Padivattom, Kochi-682024, Kerala, India

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+91 1800-425-5501

English

+91 1800-103-5501

English

+91 0484-2901000

English

+91 0484-4114306

Other ways of contact

Broker Information

More

Company Name

Geojit Financial Services Ltd

Abbreviation

Geojit

Platform registered country and region

India

Company website
Twitter
Facebook
Instagram
YouTube
Linkedin
WhatsApp
  • 9995500044

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-03
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Geojit · WikiFX Survey

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Geojit · Company Summary

Geojit Review Summary
Founded1988
Registered Country/RegionIndia
RegulationNo regulation
Financial Products & ServicesEquity, Mutual Funds, Commodity, PMS, Financial Planning, IPO, Currency Futures, Insurance, etc.
Trading PlatformSELFIE, FundsGenie, FLIP
Customer SupportEmail, phone

Geojit Information

Geojit is an unregulated Indian financial company that dates back to 1980s and has presence across India and in the Gulf Cooperation Council countries. They provide a wide array of products and services such as distribution of mutual funds & insurance, equity and derivatives, commodity, PMS and financial planning, etc.

Geojit's homepage

Pros and Cons

ProsCons
Wide range of financial products and servicesNo regulation
Over 30 years' industry experienceNot suitable for beginners
Multiple trading platformsBrokerage fees charged

Is Geojit Legit?

No license

The company operates without any valid supervision from any regulatory authorities. It raises a question about its legitimacy and credibility because regulated brokers usually adhere to strict industry standards to protect customer funds.

What Can I Trade on Geojit?

Geojit Financial Services offers a wide range of investment products and services for traders to choose from. From equity trading to mutual funds and commodities, they provide a one-stop shop for your investment journey. Their services include:

Equity Trading: Trade stocks listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) through their user-friendly trading platform, Selfie.

Mutual Funds: Invest in professionally managed funds for diversification and potential growth.

Commodity Trading: Buy and sell commodities like precious metals, base metals, and energy products.

Portfolio Management Services (PMS): Get expert investment management for high net-worth individuals.

Financial Planning Services: Receive personalized financial advice for your future goals.

IPO Investment: Participate in Initial Public Offerings of new companies.

Currency Futures Trading: Trade in currency futures to hedge against foreign exchange risks or speculate on currency movements.

Insurance: Get life, health, and general insurance plans to protect yourself and your assets.

Tradable InstrumentsSupported
Forex
Commodities
Indices
Cryptocurrencies
Shares
ETFs
Bonds
Mutual Funds
What Can I Trade on Geojit?

Geojit Fees

Geojit offers charges brokerage rates for various investment products. The exact fees vary depending on the specific product, trading volume, and chosen brokerage plan. For example, for equity trading, below general fees will be charged.

ProductBrokerage Rate
Equity Delivery0.30%
Equity Intraday0.03%
Equity Futures0.01%
Equity OptionsRs. 50/Lot

If you want more details about fees for each product, visit their website, choose the product you'd like to learn about and go the page to check fees.

Trading Platform

Geojit provides two platforms for trading:

  • Selfie: A comprehensive trading platform offering customizable layouts, real-time market data, advanced charting tools, and access to various market segments. Its app is downloadable from PC, GooglePlay and App Store.
Selfie
  • FundsGenie: A dedicated platform for mutual fund investments, providing easy fund selection, portfolio tracking, and transaction execution. The platform also has an app version on GooglePlay.
FundsGenie
  • FLIP: With FLIP, traders can access trading services including stocks, IPOs, bonds, futures, options, commodities and currencies. It allows for easy portfolio management and seamless trading and can be downloaded on both GooglePlay and App Store.
FLIP

Customer Support Options

If you want any help or support from Geojit, you can reach them through phone, email, social platforms or visit them in person in their offices in India.

Their working hours are from Mon-Fri 8.30 am-5.30 pm, Sat 10 am-1pm.

If you want more contact details about each service and escalation matrix, you can visit https://www.geojit.com/contact.

For address and contact information of each branch offices, you can visit https://branch.geojit.com/?page=83 and search with a locator in the page.

Contact OptionsDetails
Phone0484-2901000
Toll Free 1800-425-5501 / 1800-103-5501
Customer care (Paid): 04844114306
Research number: 9995810001
Emailcustomercare@geojit.com
Support Ticket System
Online Chat
Social MediaWhatsApp: 9995500044; Telegram, Facebook, Twitter, LinkedIn, Instagram, YouTube
Supported LanguageTraditional Chinese
Website LanguageEnglish
Physical Address34/659-P, Civil Line Road Padivattom, Kochi 682024, Kerala, India

The Bottom Line

Geojit Financial Services is an Indian financial services company with over 37 years of experience. The company offers a diverse range of trading products and financial management services primarily to Indian and Gulf Cooperation Council clients. While they provide multiple trading platforms, the absence of regulation is a red flag for traders regarding its credibility.

Additionally, their advanced trading products and services are not suitable for novice investors who usually start with basic instruments. Brokerage fees can also be burdens for beginners.

FAQs

Is Geojit safe?

No really, the broker currently operates without valid regulations.

Is Geojit good for beginners?

Hard to say, Geojit is more inclined for institutional or mature individual investors who have larger scales of capital and want more complicated financial plan services to manage their funds.

What trading platform does Geojit have?

Geojit offers three trading platforms for different products: SELFIE, FundsGenie and FLIP. Each with an app version downloadable from PC, iOS or Android devices.

Risk Warning

Online trading involves considerable risk, so it may not be suitable for every client. Please make sure that you totally understand the risks involved and notice that the information above provided in this review may be subject to alteration owing to the constant updating of the company's services and policies.

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