BlinkX is one of the prominent stockbrokers in India. It offers a complete range of services including equity trading, mutual funds, commodities, and more. It also provides a user-friendly interface, making it accessible to beginners and experienced traders.
In this review, we will delve into the various features of BlinkX. We will examine its account opening charges, brokerage charges, features, and other offerings. Through this review, we will provide you with a thorough understanding of what BlinkX has to offer.
BlinkX is a well-established Private company in the financial services sector, known for its comprehensive brokerage services. As a Private broker, Angel One offers numerous investment options, including stock trading, futures and options, mutual funds, currencies and commodities.
Headquartered in Mumbai, Angel One has been a significant player in the Indian stock market since its inception in 2022. The company was founded by Nimesh Kampani, who envisioned creating a platform that democratizes investing for all.
Over the years, BlinkX has built a reputation for its user-friendly platform, competitive pricing, and extensive research tools. The company is committed to providing reliable customer support and educational resources, making it a preferred choice for traders and investors.
BlinkX A Comprehensive Company Overview
Company Overview | BlinkX |
---|---|
Company Type | Private |
Broker Type | Full Service |
Headquarters | Mumbai |
Founder | Nimesh Kampani |
Establishment Year | 2022 |
Opening an account with BlinkX is Free, making it accessible to new investors. Once the account is set up, users will incur ongoing charges such as an annual maintenance charge (AMC) of and a broker commission of ₹Zero, Securities Transaction Tax (STT), and other regulatory charges.
BlinkX straightforward pricing and comprehensive services make it a popular choice among investors. The combination of free account opening and competitive ongoing charges provides a cost-effective investment management solution.
Account Opening and Demat Charges
Broker | BlinkX |
---|---|
Trading Account Opening Charges | Free |
Demat AMC (Annual Maintenance Charges) | |
Depository |
Your stockbroker charges a certain brokerage fee for every order you place. The brokerage charges of Angel One are as follows:
Brokerage of BlinkX
Brokerage | BlinkX |
---|---|
Brokerage Plan | Standard Plan |
Subscription Charges | Zero |
Equity Delivery | Rs.20 per Trade |
Equity Intraday | Free |
Equity Future | Rs.20 per Trade |
Equity Option | Rs.20 per Lot |
Commodity Future | Rs.20 per Trade |
Commodity Option | Rs.20 per Lot |
Currency Future | Free |
Currency Option | Rs.20 per Lot |
BlinkX provides margin exposure to help traders and investors trade with margin money. With margin money, you can control larger positions with smaller amounts of funds. With this offering, you can amplify your trading potential and take advantage of market opportunities.
BlinkX Exposure
Exposure | BlinkX |
---|---|
Equity Delivery | 1x |
Equity Intraday | Upto 5x (Depends on Stocks) |
Equity F&O Carry Forward | 1x |
Equity F&O Intraday | 1.3x |
Commodity F&O Carry Forward | 1x |
Commodity F&O Intraday | 1.3x |
Currency F&O | 1x |
Apart from brokerage charges, you also need to be aware of other charges charged by a broker. These are:
Other charges of BlinkX
Charges | BlinkX |
---|---|
STT Equity Delivery | 0.10% on both sides |
Stamp Duty Equity Delivery | 0.015% on buy side |
Transaction Charges Equity Intraday | 0.00325% on both sides |
STT Equity Intraday | 0.025% on sell side |
Stamp Duty Equity Intraday | 0.003% on buy side |
Transaction Charges Equity Futures | 0.0019% on both sides |
STT Equity Future | 0.0125% on sell side |
Stamp Duty Equity Future | 0.002% on buy side |
Transaction Charges Equity Options | 0.05% on both sides |
STT Equity Options | 0.0625% on sell side & 0.125 (only on exercise) on Buy Side |
Stamp Duty Equity Options | 0.003% on buy side |
SEBI Turnover Charges | 0.0001% on both side |
GST | Goods & Service Tax (GST) / other levies would be extra as applicable |
BlinkX offers multiple trading platforms for traders and investors. With an easy user interface and advanced features, Angel One simplifies the trading process for beginners. Each of the following platforms offers unique and useful features for trading purposes.
BlinkX – Trading Platforms
Trading Platforms | BlinkX |
---|---|
Android App | blinkX Android App Link |
iOS App | blinkX iOS App Link |
Web Trading Platform | blinkX Web Trading Link |
Trading Terminal | NA |
Algo Trading Platform | NA |
Foreign Stocks Trading Platform | NA |
Basket Trading Platform | NA |
Mutual Fund Investment Platform | Available |
Digital Gold Investment Platform | NA |
Bonds Investment Platform | NA |
Many stockbrokers provide attractive offers to gain investors' attention. For example, some might offer a free account opening process and others might offer free delivery trading. These offers differentiate brokers, and they often use them as a strategy to attract new clients and retain existing ones. By highlighting such benefits, brokers make their services more appealing compared to competitors. Angel One’s offerings are as follows:
BlinkX Offers
Offers | BlinkX |
---|---|
Free Account Opening | Yes |
Free AMC | Yes |
Free Brokerage | No |
Flat Brokerage | Yes |
Flexible Brokerage Plans | No |
Happy Trading Hours | No |
Free Delivery Trading | No |
Free Intraday Trading | Yes |
Free F&O Trading | No |
Free Research Reports | No |
Free Trading calls | No |
Referral Offers | Rs.500 per Client |
Margin Funding / Pledging | Yes |
Brokerage Cashback | No |
Zero Brokerage for Loss Making Trades | No |
BlinkX also offers advanced trading features for both beginner and experienced traders. These features range from basic features such as real-time market data and portfolio tracking to advanced options like investment research, personalized recommendations, and charting tools. Further, Angel One also offers research reports, custom stock recommendations, and stock tips.
Comparison of BlinkX – Trading Features
Trading Features | BlinkX |
---|---|
Wishlist | Yes |
Real Time Updates | Yes |
Portfolio Details | Yes |
Online MF Buy | Yes |
Research Reports | No |
Global indices | No |
Customised Recommendations | No |
Stock tips | Yes |
Interactive charts | Yes |
Live market | Yes |
Multi Profile Management | No |
Robust & Secure Platform | Yes |
The platform offers numerous financial services. Core services include trading in stocks, derivatives, and IPOs. The platform also offers in-depth market research, investment recommendations, and tools to help traders make informed decisions. For those seeking more hands-on management, Angel One provides portfolio management services as well. While it doesn't offer a traditional 3-in-1 account, it covers most other essential financial services.
BlinkX – Services Provided
Services Provided | BlinkX |
---|---|
Demat Services | Yes |
Trading Services | Yes |
Intraday Services | Yes |
F&O Services | Yes |
IPO Services | Yes |
3 in 1 Account | No |
Stock Research | Yes |
Stock Recommendations | Yes |
Trading Institution | Yes |
Share Pledging | Yes |
PMS or PCG | No |
NRI Services | No |
BlinkX offers a complete set of financial products for traders and investors. You can trade in equities, options, and futures according to your preferences. It also offers trading in commodities and currencies. If you are someone interested in global markets, BlinkX also allows you to trade in foreign stocks. Plus, you can diversify your portfolio by investing in mutual funds. It will help you safeguard your capital from uncertain market movements. These diverse product offerings allow BlinkX to serve different investment strategies and preferences effectively.
BlinkX – Products Provided
Products Provided | BlinkX |
---|---|
Equity Delivery | Yes |
Equity Intraday | Yes |
Equity Option | Yes |
Equity Future | Yes |
Commodity Option | Yes |
Commodity Future | Yes |
Currency Option | Yes |
Currency Future | Yes |
Foreign Stocks | Yes |
Mutual Funds | Yes |
Banking | No |
Insurance | No |
Corporate Bonds | Yes |
Govt. Bonds | Yes |
Digital Gold | No |
BlinkX offers robust customer support to ensure a smooth and hassle-free experience for its clients. Their dedicated support team is available through multiple channels, including phone, email, and live chat, to assist with any queries or issues.
Customer Support of BlinkX
Customer Support | BlinkX |
---|---|
Trading Support | |
Dedicated Dealer | |
Call Support | 8880303459 |
Email Support | info@blinkx.com |
Whatsapp Support | |
Website Support | Website Link |
Facebook Support | Facebook Support Link |
Twitter Support | Twitter Support Link |
Telegram Support | Telegram Support Link |
Branches / Offices |
BlinkX is committed to addressing customer complaints promptly. Through timely responses and resolutions, it aims to give a positive experience for all users. Traders and investors can file complaints through multiple channels, including the website, mobile app, or email. Further, Angel One's structured grievance redressal mechanism ensures that each complaint is tracked, escalated if necessary, and resolved within stipulated timelines.
BlinkX Complaints
Complaints | BlinkX |
---|---|
Total Complaints Lodged | |
Total Complaints Resolved | |
% of Resolved Complaints | |
Non Actionable Complaints | |
% of Non Actionable Complaints |
Lamfindia specializes in offering innovative financial solutions, including stock broker services, mutual fund investments, and IPO guidance.