BlinkX Stock Trading, Demat, Brokerage and Reviews 2024

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 Overview

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

Account opening and demat charges

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

BlinkX brokerage charges

Your stockbroker charges a certain brokerage fee for every order you place. The brokerage charges of Angel One are as follows:

  • Equity delivery: You need to pay these charges when you buy and hold stocks in your trading account for a longer period. This type of trading generally charges lower brokerage charges as compared to others.
  • Equity intraday: When you buy and sell stocks on the same day, you need to pay equity delivery brokerage charges. Intraday trading mainly focuses on short-term price movements.
  • Equity futures: You have to pay equity future brokerage charges when you trade futures contracts on stocks. Equity futures are agreements to buy or sell a stock at a predetermined price on a future date. The charges for trading equity futures include brokerage fees and may also include transaction charges based on the contract value.
  • Equity options: When you trade options contracts based on stocks, you have to pay brokerage charges determined for equity options. An equity option gives the holder the right, but not the obligation, to buy or sell a stock at a specified price before or at the expiration date. The brokerage charges for options trading often include a flat fee per contract or a fee based on the option’s premium.
  • Commodity futures: These are charges for trading futures contracts on commodities such as gold, oil, or agricultural products. Commodity futures contracts are agreements to buy or sell a specific quantity of a commodity at a predetermined price on a future date.
  • Currency futures: These are charges for trading futures contracts on currencies. Currency futures involve agreements to exchange one currency for another at a set price on a future date. The charges for currency futures usually include a flat fee per contract and may vary depending on the currency pair and contract size.
  • Currency options: Charges for trading options contracts on currencies. A currency option provides the right, but not the obligation, to buy or sell a currency pair at a specified price before or at the expiration date. The charges for currency options typically include a fee per option contract and may be based on the option's premium.

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 margin exposure

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

BlinkX other charge

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 trading platforms

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

BlinkX offers

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 features

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

Services

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

Products

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

Customer support

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

Customer complaints

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

Frequently Asked Questions


Who is the founder of BlinkX?
BlinkX is founded by Nimesh Kampani.

What type of broker is BlinkX?
BlinkX is a Full Service broker and it offers a complete range of financial services such as stock trading, mutual funds, and advisory services. Plus, it offers both online and offline trading facilities for various investor needs.

Is BlinkX free?
BlinkX account opening process is free but you have to pay the annual maintenance charges of .

Is BlinkX reliable?
Yes, BlinkX is a trusted and regulated broker in India with over two decades of experience in the financial industry. It is a member of major exchanges like NSE, BSE, and MCX.

How to open a demat account with BlinkX?
You can open an BlinkX demat account by visiting the official website of BlinkX. You need to submit the basic personal details, and KYC documents, and complete an e-sign process. The account is usually activated within 24-48 hours.

What trading platforms does BlinkX offer?
BlinkX offers multiple trading platforms, including a web-based platform, a mobile app, and a desktop application. These platforms are equipped with advanced tools and features for seamless trading.

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