BlinkX vs Upstox – Compare Charges, Trading Features, Offers & More

Overview — BlinkX vs. Upstox

BlinkX is listed as a Private Full Service established in 2022 with headquarters in Mumbai and founded by Nimesh Kampani. The broker highlights access to equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures through mobile app access and web trading and promotes features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, stock tips and interactive charts. It follows a Standard Plan brokerage structure.

Upstox is listed as a Private Discount Broker established in 2011 with headquarters in Mumbai and founded by Raghu Kumar, Ravi Kumar & Shrinivas Vishvanath. It offers equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures using mobile app access, web trading and algo trading support and supports traders with features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, interactive charts and live market tracking. 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.

Brokerage charges comparison — BlinkX vs. Upstox

Brokerage is the primary cost to compare when choosing a broker. Below is a segment-by-segment breakdown for BlinkX and Upstox.

Equity delivery: This charge applies to buy-and-hold stock positions held beyond one trading session. BlinkX charges Rs.20 per Trade while Upstox charges Rs.20 per Trade or 2.5%, whichever is low.

Equity intraday: This charge applies to buy-sell positions closed within the same trading day. BlinkX charges Free while Upstox charges Rs.20 per Trade or 0.05% (whichever is low).

Equity futures: This charge applies to futures contracts on stocks and indices. BlinkX charges Rs.20 per Trade while Upstox charges Rs.20 per Trade or 0.05% (whichever is low).

Equity options: This charge applies to equity option contracts. BlinkX charges Rs.20 per Lot while Upstox charges Rs.20 per Trade.

Commodity futures: This charge covers commodities such as gold, silver, and crude oil. BlinkX charges Rs.20 per Trade while Upstox charges Rs.20 per Trade or 0.05% (whichever is low).

Commodity options: This charge applies to option contracts on commodity instruments. BlinkX charges Rs.20 per Lot while Upstox charges Rs.20 per Trade.

Currency futures: This charge allows participation in forex price movements on the exchange. BlinkX charges Free while Upstox charges Rs.20 per Trade or 0.05% (whichever is low).

Currency options: This charge enables traders to hedge or speculate on currency fluctuations. BlinkX charges Rs.20 per Lot while Upstox charges Rs.20 per Trade.

Trading platforms comparison — BlinkX vs. Upstox

BlinkX provides mobile app access and web trading for order placement, portfolio tracking, and market monitoring. Upstox provides mobile app access, web trading and algo trading support for its users.

• Android app: BlinkX and Upstox both list an Android trading app.

• iOS app: BlinkX and Upstox both list an iOS trading app.

• Web trading platform: BlinkX and Upstox both list a web trading platform.

• Desktop trading terminal: Neither broker currently highlights a desktop trading terminal.

• Algo trading: Upstox lists algo trading support, while BlinkX does not currently mention it.

• Basket trading: Upstox lists basket trading, while BlinkX does not currently mention it.

• Foreign stocks platform: Neither broker currently highlights foreign stocks access.

• Mutual fund platform: BlinkX and Upstox 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.

BlinkX vs. Upstox — Comparison of trading features

BlinkX highlights trading features including watchlists, real-time updates, portfolio tracking, online mutual fund access, stock tips and interactive charts, while Upstox promotes watchlists, real-time updates, portfolio tracking, online mutual fund access, interactive charts and live market tracking. 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 BlinkX and Upstox offer this feature.

• Real time updates: Get timely updates on market trends, stock prices, and other market data. Both BlinkX and Upstox offer this feature.

• Portfolio details: A detailed snapshot of all investments — stocks, bonds, and commodities — in one place. Both BlinkX and Upstox offer this feature.

• Online mf buy: Buy or sell mutual funds directly from the trading platform or mobile application. Both BlinkX and Upstox offer this feature.

• Stock tips: Valuable tips on stocks to buy, hold, or sell based on market trends. BlinkX offers this; Upstox does not currently highlight it.

• Interactive charts: Visual price movement charts to help analyse when to buy or sell. Both BlinkX and Upstox offer this feature.

• Live market: Live updates on market movements and trends. Both BlinkX and Upstox offer this feature.

• Secure platform: A secure trading environment with next-generation security controls. Both BlinkX and Upstox offer this feature.

BlinkX vs. Upstox — Comparison of offers

Stockbrokers use promotional offers to attract and retain clients. Below is a side-by-side comparison of the offers currently listed by BlinkX and Upstox.

• Free account opening: BlinkX and Upstox both list free account opening.

• Free AMC: BlinkX lists free Demat AMC, while Upstox does not currently mention it.

• Free brokerage: Neither broker currently highlights free brokerage.

• Flat brokerage: BlinkX and Upstox both list flat brokerage pricing.

• Flexible brokerage plans: Neither broker currently highlights flexible brokerage plans.

• 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 Upstox does not currently mention it.

• Free F&O trading: Neither broker currently highlights free F&O trading.

• Free research reports: Neither broker currently highlights free research reports.

• Free trading calls: Neither broker currently highlights free trading calls.

• Zero brokerage for loss trades: Neither broker currently highlights zero brokerage for loss-making trades.

• Referral offers: BlinkX offers Rs.500 per Client while Upstox offers Upto Rs.700 per Client for referrals.

Offered products comparison — Upstox vs. BlinkX

Product availability determines whether a broker can support your preferred markets. BlinkX highlights equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures, while Upstox 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, corporate bonds and government bonds.

• Demat services: BlinkX and Upstox both list Demat services.

• Trading services: BlinkX and Upstox both list trading services.

• Intraday services: BlinkX and Upstox both list intraday trading services.

• F&O services: BlinkX and Upstox both list F&O services.

• IPO services: BlinkX and Upstox both list IPO services.

• 3-in-1 account: Neither broker currently highlights 3-in-1 account support.

• Stock research: BlinkX lists stock research, while Upstox does not currently mention it.

• Stock recommendations: BlinkX lists stock recommendations, while Upstox does not currently mention it.

• Trading education: BlinkX and Upstox both list trading education.

• Share pledging: BlinkX and Upstox both list share pledging.

• PMS or PCG: Neither broker currently highlights PMS or PCG support.

• NRI services: Neither broker currently highlights NRI services.

Offered services comparison — BlinkX vs. Upstox

BlinkX provides Demat services, trading services, intraday trading, F&O trading, IPO access and stock research, while Upstox offers Demat services, trading services, intraday trading, F&O trading, IPO access and trading education.

Stock advisory service comparison — BlinkX vs. Upstox

Stock advisory helps investors choose appropriate stocks through research reports, tips, and market reviews. The table below shows which advisory products are available from BlinkX and Upstox.

Exposure comparison — BlinkX vs. Upstox

Margin exposure allows traders to manage larger positions with less capital. Below is a comparison of the margin available from BlinkX and Upstox across different segments.

Comparison of programs — BlinkX vs. Upstox

Upstox lists a sub-broker program, while BlinkX does not currently mention it. Upstox lists a partner program, while BlinkX does not currently mention it. Upstox lists a referral program, while BlinkX does not currently mention it.

Customer support comparison — BlinkX vs. Upstox

BlinkX provides support through call support, email support, website support, Facebook support and Twitter/X support. Upstox provides support through trading desk support, dedicated dealer assistance, call support, email support and website support.

Ratings — BlinkX vs. Upstox

Both brokers have been evaluated across key parameters to help investors make an informed comparison. BlinkX carries an overall rating of not listed, while Upstox carries an overall rating of 9.80 / 10.

Complaints — BlinkX vs. Upstox

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.

Transaction charges comparison — BlinkX vs. Upstox

Transaction charges are levied by the stockbroker for executing each trade. Below is a segment-wise comparison for BlinkX and Upstox.

Pledge charges comparison — BlinkX vs. Upstox

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.

Hidden charges comparison — BlinkX vs. Upstox

Beyond brokerage, several statutory and operational charges apply. These include SEBI turnover fees, DP charges, GST, account closure, reactivation, dematerialisation, and call & trade charges.

Compare Demat charges — BlinkX vs Upstox

BlinkX lists account opening charges of Free and Demat AMC of as per broker policy. Upstox lists account opening charges of Free and Demat AMC of Rs.150 per Year + GST.

BlinkX vs Upstox — Compare STT & CTT

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.

Compare stamp duty — BlinkX and Upstox

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.

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