Anand Rathi and BlinkX are two stockbrokers that investors often compare for brokerage charges, products, trading platforms, and account costs. Anand Rathi is listed as a Public Discount Broker , established in 1994 and headquartered in Mumbai, while BlinkX is listed as a Private Full Service , established in 2022 and headquartered in Mumbai.
This comparison reviews brokerage, Demat charges, product availability, platforms, features, support, ratings, and complaints. Use the side-by-side tables below to see whether Anand Rathi or BlinkX is a better fit for your investment style, platform preference, and budget.
Anand Rathi is listed as a Public Discount Broker established in 1994 with headquarters in Mumbai and founded by Anand Rathi. The broker highlights access to equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures through mobile app access, web trading, desktop terminal access and algo trading support and promotes features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and stock tips. It follows a Standard Plan brokerage structure.
BlinkX is listed as a Private Full Service established in 2022 with headquarters in Mumbai and founded by Nimesh Kampani. It offers equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures using mobile app access and web trading and supports traders with features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, stock tips and interactive charts. Its brokerage model is structured as Standard Plan.
Both brokers use technology-driven platforms to attract active traders and investors, but the better option depends on the combination of pricing, products, services, and support that matters most to you.
Anand Rathi vs BlinkX — A Comprehensive Company Overview
| Company Overview | Anand Rathi | BlinkX |
|---|---|---|
| Company Type | Public | Private |
| Broker Type | Discount Broker | Full Service |
| Headquarters | Mumbai | Mumbai |
| Founder | Anand Rathi | Nimesh Kampani |
| Establishment Year | 1994 | 2022 |
| Brokerage Plan | Standard Plan | Standard Plan |
Brokerage is the primary cost to compare when choosing a broker. Below is a segment-by-segment breakdown for Anand Rathi and BlinkX.
Equity delivery: This charge applies to buy-and-hold stock positions held beyond one trading session. Anand Rathi charges 0.30% of Transaction Value while BlinkX charges Rs.20 per Trade.
Equity intraday: This charge applies to buy-sell positions closed within the same trading day. Anand Rathi charges 0.30% of Transaction Value while BlinkX charges Free.
Equity futures: This charge applies to futures contracts on stocks and indices. Anand Rathi charges 0.30% of Transaction Value while BlinkX charges Rs.20 per Trade.
Equity options: This charge applies to equity option contracts. Anand Rathi charges Rs.50 per Lot while BlinkX charges Rs.20 per Lot.
Commodity futures: This charge covers commodities such as gold, silver, and crude oil. Anand Rathi charges 0.03% of Transaction Value while BlinkX charges Rs.20 per Trade.
Commodity options: This charge applies to option contracts on commodity instruments. Anand Rathi charges Rs.25 per Lot while BlinkX charges Rs.20 per Lot.
Currency futures: This charge allows participation in forex price movements on the exchange. Anand Rathi charges 0.03% of Transaction Value while BlinkX charges Free.
Currency options: This charge enables traders to hedge or speculate on currency fluctuations. Anand Rathi charges Rs.25 per Lot while BlinkX charges Rs.20 per Lot.
Anand Rathi vs BlinkX — Detailed Brokerage Comparison
| Brokerage | Anand Rathi | BlinkX |
|---|---|---|
| Brokerage Plan | Standard Plan | Standard Plan |
| Subscription Charges | Zero | Zero |
| Equity Delivery | 0.30% of Transaction Value | Rs.20 per Trade |
| Equity Intraday | 0.30% of Transaction Value | Free |
| Equity Future | 0.30% of Transaction Value | Rs.20 per Trade |
| Equity Option | Rs.50 per Lot | Rs.20 per Lot |
| Commodity Future | 0.03% of Transaction Value | Rs.20 per Trade |
| Commodity Option | Rs.25 per Lot | Rs.20 per Lot |
| Currency Future | 0.03% of Transaction Value | Free |
| Currency Option | Rs.25 per Lot | Rs.20 per Lot |
Anand Rathi provides mobile app access, web trading, desktop terminal access and algo trading support for order placement, portfolio tracking, and market monitoring. BlinkX provides mobile app access and web trading for its users.
Android app: Anand Rathi and BlinkX both list an Android trading app.
iOS app: Anand Rathi and BlinkX both list an iOS trading app.
Web trading platform: Anand Rathi and BlinkX both list a web trading platform.
Desktop trading terminal: Anand Rathi lists a desktop trading terminal, while BlinkX does not currently mention it.
Algo trading: Anand Rathi lists algo trading support, while BlinkX does not currently mention it.
Basket trading: Neither broker currently highlights basket trading.
Foreign stocks platform: Neither broker currently highlights foreign stocks access.
Mutual fund platform: Anand Rathi and BlinkX both list a mutual fund investment platform.
Digital gold platform: Neither broker currently highlights digital gold investing.
Bonds platform: Neither broker currently highlights a bonds investment platform.
Anand Rathi vs BlinkX — Complete Comparison of Trading Platforms
| Trading Platform | Anand Rathi | BlinkX |
|---|---|---|
| Android App | Anand Rathi Android App Link | blinkX Android App Link |
| iOS App | Anand Rathi iOS App Link | blinkX iOS App Link |
| Web Trading Platform | Anand Rathi Web Trading Link | blinkX Web Trading Link |
| Trading Terminal | Available | NA |
| Algo Trading Platform | Available | NA |
| Foreign Stocks Platform | NA | NA |
| Basket Trading Platform | NA | NA |
| Mutual Fund Platform | Available | Available |
| Digital Gold Platform | NA | NA |
| Bonds Platform | NA | NA |
Anand Rathi highlights trading features including watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and stock tips, while BlinkX promotes watchlists, real-time updates, portfolio tracking, online mutual fund access, stock tips and interactive charts. The table below shows the full feature set for both brokers side by side.
Wishlist: Monitor specific stocks or assets by adding them to a watchlist for close tracking. Both Anand Rathi and BlinkX offer this feature.
Real time updates: Get timely updates on market trends, stock prices, and other market data. Both Anand Rathi and BlinkX offer this feature.
Portfolio details: A detailed snapshot of all investments — stocks, bonds, and commodities — in one place. Both Anand Rathi and BlinkX offer this feature.
Online mf buy: Buy or sell mutual funds directly from the trading platform or mobile application. Both Anand Rathi and BlinkX offer this feature.
Research reports: A comprehensive overview of different stocks and sectors in the stock market. Anand Rathi offers this; BlinkX does not currently highlight it.
Stock tips: Valuable tips on stocks to buy, hold, or sell based on market trends. Both Anand Rathi and BlinkX offer this feature.
Interactive charts: Visual price movement charts to help analyse when to buy or sell. Both Anand Rathi and BlinkX offer this feature.
Live market: Live updates on market movements and trends. Both Anand Rathi and BlinkX offer this feature.
Multi profile management: Manage multiple trading profiles from a single account. Anand Rathi offers this; BlinkX does not currently highlight it.
Secure platform: A secure trading environment with next-generation security controls. Both Anand Rathi and BlinkX offer this feature.
Anand Rathi vs BlinkX — Comprehensive Comparison of Trading Features
| Trading Feature | Anand Rathi | BlinkX |
|---|---|---|
| Wishlist | Yes | Yes |
| Real-Time Updates | Yes | Yes |
| Portfolio Details | Yes | Yes |
| Online MF Buy | Yes | Yes |
| Research Reports | Yes | No |
| Global Indices | No | No |
| Customised Recommendations | No | No |
| Stock Tips | Yes | Yes |
| Interactive Charts | Yes | Yes |
| Live Market | Yes | Yes |
| Multi Profile Management | Yes | No |
| Robust & Secure Platform | Yes | Yes |
Stockbrokers use promotional offers to attract and retain clients. Below is a side-by-side comparison of the offers currently listed by Anand Rathi and BlinkX.
Free account opening: Anand Rathi and BlinkX both list free account opening.
Free AMC: Anand Rathi and BlinkX both list free Demat AMC.
Free brokerage: Neither broker currently highlights free brokerage.
Flat brokerage: Anand Rathi and BlinkX both list flat brokerage pricing.
Flexible brokerage plans: Anand Rathi lists flexible brokerage plans, while BlinkX does not currently mention it.
Happy trading hours: Neither broker currently highlights happy trading hours.
Free delivery trading: Neither broker currently highlights free delivery trading.
Free intraday trading: BlinkX lists free intraday trading, while Anand Rathi does not currently mention it.
Free F&O trading: Neither broker currently highlights free F&O trading.
Free research reports: Anand Rathi lists free research reports, while BlinkX does not currently mention it.
Free trading calls: Anand Rathi lists free trading calls, while BlinkX does not currently mention it.
Zero brokerage for loss trades: Neither broker currently highlights zero brokerage for loss-making trades.
Referral offers: Anand Rathi offers Rs.250 per Client while BlinkX offers Rs.500 per Client for referrals.
Anand Rathi vs BlinkX — Comparison of Latest Offers
| Offer | Anand Rathi | BlinkX |
|---|---|---|
| Free Account Opening | Yes | Yes |
| Free AMC | Yes, Limited | Yes |
| Free Brokerage | No | No |
| Flat Brokerage | Yes | Yes |
| Flexible Brokerage Plans | Yes | No |
| Happy Trading Hours | No | No |
| Free Delivery Trading | No | No |
| Free Intraday Trading | No | Yes |
| Free F&O Trading | No | No |
| Free Research Reports | Yes | No |
| Free Trading Calls | Yes | No |
| Referral Offers | Rs.250 per Client | Rs.500 per Client |
| Margin Funding / Pledging | Yes | Yes |
| Brokerage Cashback | No | No |
| Zero Brokerage for Loss-Making Trades | No | No |
Product availability determines whether a broker can support your preferred markets. Anand Rathi highlights equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures, while BlinkX highlights equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures.
The table below compares the full product lineup side by side across equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options, currency futures, currency options, foreign stocks, mutual funds, insurance, corporate bonds and government bonds.
Anand Rathi vs BlinkX — Complete Comparison of Products
| Product | Anand Rathi | BlinkX |
|---|---|---|
| Equity Delivery | Yes | Yes |
| Equity Intraday | Yes | Yes |
| Equity Option | Yes | Yes |
| Equity Future | Yes | Yes |
| Commodity Option | Yes | Yes |
| Commodity Future | Yes | Yes |
| Currency Option | Yes | Yes |
| Currency Future | Yes | Yes |
| Foreign Stocks | Yes | Yes |
| Mutual Funds | Yes | Yes |
| Banking | No | No |
| Insurance | Yes | No |
| Corporate Bonds | Yes | Yes |
| Government Bonds | Yes | Yes |
| Digital Gold | No | No |
Demat services: Anand Rathi and BlinkX both list Demat services.
Trading services: Anand Rathi and BlinkX both list trading services.
Intraday services: Anand Rathi and BlinkX both list intraday trading services.
F&O services: Anand Rathi and BlinkX both list F&O services.
IPO services: Anand Rathi and BlinkX both list IPO services.
3-in-1 account: Neither broker currently highlights 3-in-1 account support.
Stock research: Anand Rathi and BlinkX both list stock research.
Stock recommendations: Anand Rathi and BlinkX both list stock recommendations.
Trading education: BlinkX lists trading education, while Anand Rathi does not currently mention it.
Share pledging: Anand Rathi and BlinkX both list share pledging.
PMS or PCG: Anand Rathi lists PMS or PCG support, while BlinkX does not currently mention it.
NRI services: Anand Rathi lists NRI services, while BlinkX does not currently mention it.
Anand Rathi provides Demat services, trading services, intraday trading, F&O trading, IPO access and stock research, while BlinkX offers Demat services, trading services, intraday trading, F&O trading, IPO access and stock research.
Anand Rathi vs BlinkX — In-Depth Comparison of Services
| Service | Anand Rathi | BlinkX |
|---|---|---|
| Demat Services | Yes | Yes |
| Trading Services | Yes | Yes |
| Intraday Services | Yes | Yes |
| F&O Services | Yes | Yes |
| IPO Services | Yes | Yes |
| 3-in-1 Account | No | No |
| Stock Research | Yes | Yes |
| Stock Recommendations | Yes | Yes |
| Trading Education | No | Yes |
| Share Pledging | Yes | Yes |
| PMS or PCG | Yes | No |
| NRI Services | Yes | No |
Stock advisory helps investors choose appropriate stocks through research reports, tips, and market reviews. The table below shows which advisory products are available from Anand Rathi and BlinkX.
Anand Rathi and BlinkX — Detailed Comparison of Advisory Services
| Advisory | Anand Rathi | BlinkX |
|---|---|---|
| Fundamental Reports | Yes | Yes, Chargeable |
| Research Reports | Yes | No |
| Company Reports | Yes | Yes, Chargeable |
| Annual Reports | No | No |
| IPO Reports | Yes | No |
| Technical Reports | Yes | Yes |
| Stock Tips | Yes | Yes |
| Daily Top Stock Picks | Yes | Yes |
| Daily Market Review | No | Yes |
| Monthly Review | No | Yes |
| Weekly Review | No | Yes |
| Relationship Manager | Yes | No |
| Robo Advisory | No | No |
Margin exposure allows traders to manage larger positions with less capital. Below is a comparison of the margin available from Anand Rathi and BlinkX across different segments.
Anand Rathi and BlinkX — Comprehensive Comparison of Trading Exposure
| Exposure | Anand Rathi | BlinkX |
|---|---|---|
| Equity Delivery | 1x | 1x |
| Equity Intraday | Upto 5x (Depends on Stocks) | Upto 5x (Depends on Stocks) |
| Equity F&O Carry Forward | 1x | 1x |
| Equity F&O Intraday | 1.3x | 1.3x |
| Commodity F&O Carry Forward | 1x | 1x |
| Commodity F&O Intraday | 1.3x | 1.3x |
| Currency F&O | 1x | 1x |
Anand Rathi lists a sub-broker program, while BlinkX does not currently mention it. Anand Rathi lists a partner program, while BlinkX does not currently mention it. Anand Rathi lists a referral program, while BlinkX does not currently mention it.
Anand Rathi vs BlinkX — Comparative Analysis of Programs
| Program | Anand Rathi | BlinkX |
|---|---|---|
| Sub-Broker Program | Yes | |
| Partner Program | Yes | |
| Referral Program | Yes |
Anand Rathi provides support through trading desk support, dedicated dealer assistance, call support, email support and website support. BlinkX provides support through call support, email support, website support, Facebook support and Twitter/X support. Anand Rathi operates Available branches.
Anand Rathi and BlinkX — Comprehensive Comparison of Customer Support
| Support Channel | Anand Rathi | BlinkX |
|---|---|---|
| Trading Support | Available, Free | |
| Dedicated Dealer | Available, Free | |
| Call Support | 0291-6661001 | 8880303459 |
| Email Support | [email protected] | [email protected] |
| WhatsApp Support | NA | |
| Website Support | Website Link | Website Link |
| Facebook Support | Facebook Support Link | Facebook Support Link |
| Twitter / X Support | Twitter Support Link | Twitter Support Link |
| Telegram Support | Telegram Support Link | Telegram Support Link |
| Branches / Offices | Available |
Both brokers have been evaluated across key parameters to help investors make an informed comparison. Anand Rathi carries an overall rating of 7.90 / 10, while BlinkX carries an overall rating of not listed.
Anand Rathi vs BlinkX — Ratings Comparison
| Rating Parameter | Anand Rathi | BlinkX |
|---|---|---|
| Overall Rating | 7.90 / 10 | |
| Customer Support | 7.87 / 10 | |
| Technology | 7.99 / 10 | |
| Charges | 7.93 / 10 | |
| Products & Services | 7.85 / 10 | |
| Experience | 7.84 / 10 |
SEBI, BSE, and NSE regularly publish broker complaint data as part of investor protection oversight. The table below shows the complaint records for both brokers.
Anand Rathi & BlinkX — Comparison of Customer Complaints
| Complaint Metric | Anand Rathi | BlinkX |
|---|---|---|
| Total Complaints Lodged | 35 | |
| Total Complaints Resolved | 30 | |
| % of Resolved Complaints | 85.71% | |
| Non-Actionable Complaints | 3 | |
| % of Non-Actionable Complaints | 8.57% |
Transaction charges are levied by the stockbroker for executing each trade. Below is a segment-wise comparison for Anand Rathi and BlinkX.
Anand Rathi vs BlinkX — Detailed Comparison of Transaction Charges
| Transaction Charges | Anand Rathi | BlinkX |
|---|---|---|
| Equity Delivery | NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (each side) | 0.00325% on both sides |
| Equity Intraday | NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) | 0.00325% on both sides |
| Equity Future | NSE Rs 173 per Cr (0.00173%) | BSE Rs 0 | 0.0019% on both sides |
| Equity Option | NSE Rs 3503 per Cr (0.03503%) | BSE Rs 325 per Cr (0.00325%) (on premium) | 0.05% on both sides |
| Commodity Future | ||
| Commodity Option | ||
| Currency Future | NSE Rs 35 per Cr (0.00035%) | BSE Rs 45 per Cr (0.00045%) | |
| Currency Option | NSE Rs 3110 per Cr (0.0311%) | BSE Rs 100 per Cr (0.001%) (on premium) |
Pledge creation charges apply when traders borrow against their held securities. Pledge invocation charges apply if the pledged shares are sold due to a shortfall. Margin trading interest is the rate charged on borrowed funds.
Anand Rathi & BlinkX — Comprehensive Comparison of Pledge Charges
| Pledge Charge | Anand Rathi | BlinkX |
|---|---|---|
| Pledge Creation Charges | - | |
| Pledge Invocation Charges | - | |
| Margin Trading Interest | - |
Beyond brokerage, several statutory and operational charges apply. These include SEBI turnover fees, DP charges, GST, account closure, reactivation, dematerialisation, and call & trade charges.
Anand Rathi and BlinkX — Detailed Comparison of Hidden / Other Charges
| Charge | Anand Rathi | BlinkX |
|---|---|---|
| SEBI Turnover Charges | 0.0001% (₹10/Crore) of the turnover | 0.0001% on both side |
| DP Charges | - | Rs.20 per Script |
| GST | 18% on (Brokerage + Transaction Charge + SEBI Fee) | Goods & Service Tax (GST) / other levies would be extra as applicable |
| Account Closure Charges | - | No |
| Reactivation Charges | - | No |
| Dematerialisation Charges | - | |
| Call & Trade Charges | - |
Anand Rathi lists account opening charges of Free and Demat AMC of Rs.450 per Year (1st Year Free). BlinkX lists account opening charges of Free and Demat AMC of as per broker policy.
Anand Rathi vs BlinkX — Detailed Comparison of Demat Charges
| Demat Charges | Anand Rathi | BlinkX |
|---|---|---|
| Account Opening Charges | Free | Free |
| Annual Maintenance Charges (AMC) | Rs.450 per Year (1st Year Free) |
Securities Transaction Tax (STT) and Commodity Transaction Tax (CTT) are government levies — the same for all brokers in India. These are shown below for reference.
Anand Rathi vs BlinkX — Comparative Analysis of STT and CTT Charges
| STT & CTT | Anand Rathi | BlinkX |
|---|---|---|
| Equity Delivery | 0.1% on both Buy & Sell sides | 0.10% on both sides |
| Equity Intraday | 0.025% on the Sell side only | 0.025% on sell side |
| Equity Future | 0.0125% on the Sell side | 0.0125% on sell side |
| Equity Option | 0.0625% on premium value | 0.0625% on sell side & 0.125 (only on exercise) on Buy Side |
| Commodity Future | 0.01% on sell side (Non-Agri) | |
| Commodity Option | 0.05% on sell side | |
| Currency Future | NA | |
| Currency Option | NA |
Stamp duty is a government tax charged when the broker issues, sells, or transfers a security. It is collected at the end of each trading day.
Anand Rathi and BlinkX — Comparison of Stamp Duty Charges
| Stamp Duty | Anand Rathi | BlinkX |
|---|---|---|
| Equity Delivery | 0.015% | 0.015% on buy side |
| Equity Intraday | 0.003% | 0.003% on buy side |
| Equity Future | 0.002% | 0.002% on buy side |
| Equity Option | 0.003% | 0.003% on buy side |
| Commodity Future | 0.002% | |
| Commodity Option | 0.003% | |
| Currency Future | 0.0001% | |
| Currency Option | 0.0001% |