Geojit
Geojit BNP Paribas (Geojit) was established in 1987 and is one of the leading stock brokers in India. Geojit is headquartered in Kochi, Kerala, and has a strong influence in the Persian Gulf.
Geojit BNP Paribas is a cash equity and derivatives broker with extensive portfolio management and sales experience in financial products like, mutual funds and life insurance.
Geojit provides stock trading on the NSE and BSE stock exchanges through a strong network of approximately 500 branches and a state-of-the-art online trading portal.
Geojit BNP Paribas is a public company listed on NSE (GEOJIT) and BSE (532285).
Over the years, the company name has been changed by Geojit Securities Ltd. Geojit Financial Services Limited (GFSL) and Geojit BNP Paribas Financial. Services LTD in April 2009.
Geojit trading software
Geojit BNP Paribas provides an advanced online investment platform SELFIE (offline trading and investment platform). Geojit trading platform provides virtual dealer terminal (SELFIE Platinum), online trading application and mobile trading.
Geojit Provides stock trading services under two trading plans:
SELFIE Gold
SELFIE Gold is a trading website (a browser-based trading application). The trading application is freely available to all online customers and provides a consistent experience on multiple devices. News, recommendations, MBP, F&O chain and order window in one place, real-time display and aggregation of news, research meetings and market information.
SELFIE Platinum
The SELFIE Platinum platform is a virtual dealer terminal (installable EXE). It is designed for active distributors. The main functions of SELFIE Platinum include flexible screen layout customization, fast transaction execution and instant update of index charts.
Advantages of Geojit
The following are the advantages of Geojit. Before opening a Geojit account, you should be familiar with the advantages and disadvantages of Geojit. The advantages and disadvantages of Geojit will help you determine whether it is suitable for your investment needs.
- Geojit BNP Paribas demonstrated a “terminal” with a unified view that can transmit real-time market information from the company’s system to the company’s customers’ mobile phones that support GPRS.
- A list of preferred banks, including HDFC Bank, ICICI Bank, Citibank and Commonwealth Bank, Punjab National Bank, Union Bank of India, Bank of India and IDBI Bank.
- Easily order online from NSE and BSE outside of business hours.
- Daily market talks, research reports, Demat Holdings, platform changes, etc. can be obtained via SMS.
Disadvantages of Geojit
The following are the disadvantages of Geojit. View the list of geojit errors.
- The company does not offer three-in-one trading accounts like other popular brokers. Investors must use the banking services of other banks.
- Compared with other brokers, brokerage fees are very high. 1 Paisa per share, whichever is greater.