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BlinkX Vs MyValueTrade: Which one is better?

Both the brokers are registered with SEBI. BlinkX offers investmenet in Equity, F&O and Currency only, where MyValueTrade offers investment in Equity, F&O, Currency and Commodities.. The brokerage of BlinkX Max Rs 0 per trade while the brokerage of MyValueTrade Max Rs 10 per trade. Both the brokers are Discount Brokers. Overall rating for both the brokers are also equal with rating 3.5 out of 5. Number of active customer for BlinkX is 93,737 where number of active customer for MyValueTrade is . BlinkX is serving more customer compare to MyValueTrade.

Here we present side-by-side comparison of BlinkX vs MyValueTrade share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared BlinkX vs MyValueTrade's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of BlinkX vs MyValueTrade share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared BlinkX vs MyValueTrade's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare BlinkX vs MyValueTrade on Service

  BlinkX Compare
BlinkX
MyValueTrade Compare
MyValueTrade
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE NSE, BSE, MCX
Active Clients 93,737
Broker Overview Free account opening, powerful and high-speed BlinkX trading app with a user-friendly interface, zero brokerage unlimited trading plan, free access to Dedicated research & advisory, and personalized assistance with a dedicated relationship manager ma... Know more about BlinkX On the surface, it is easy to understand what My Value Trade is trying to accomplish, being the dream broker. The homepage claims My Value Trade offers everything from simplified, unlimited and powerful discount Trading.
Broker Enquiry Request call back from BlinkX Request call back from Zerodha
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Account Opening Charges and AMC

Compare BlinkX vs MyValueTrade on Trading & Demat Account Opening Charges

Comparison of BlinkX with MyValueTrade on trading & demat account opening charges and AMC. Trading account opening charges - BlinkX offer Free account opening where MyValueTrade charges Rs 555 for account opening. Demat AMC charges - BlinkX charges Rs 300 (Free for 1st year) AMC for Demat account where MyValueTrade charges Rs 400 PA (Waived for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare BlinkX with MyValueTrade
Charges BlinkX MyValueTrade
Trading Account Opening Fees Free Rs 555
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 300 (Free for 1st year) Rs 400 PA (Waived for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare BlinkX vs MyValueTrade on Plan Options

Plans are the most important feature you look when compare BlinkX with MyValueTrade. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy.. Monthly Plans - Both the brokers provides Monthly Plans.

Compare BlinkX with MyValueTrade on Plan Options
Plan Types BlinkX MyValueTrade
Multiple Plans Yes Yes
Monthly Plans Yes Yes
Yearly Plans No Yes
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Account Opening Request

Account Opening

  BlinkX Zerodha
Account Opening Request
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Brokerage Charges

Compare BlinkX vs MyValueTrade on Brokerage Charges

BlinkX Brokerage Plan detail - BlinkX offers no brokerage unlimited trading plan wherein the broker charges zero brokerage fee on trading in all segments be it equity, equity F&O, currency by paying a fixed fee of Rs 999 Rs 799 for 6 months.

MyValueTrade Brokerage Plan detail - This is 10 Rs per executed order plan by MVT, which is half the price Zerodha and RKSV proposing.

Brokerage Charges - Compare BlinkX with MyValueTrade
Brokerage Charges Compare BlinkX MyValueTrade
Plan Name Half Yearly Unlimited Trading Plan Flat Fee Rs 10 Trading Plan
Equity Delivery Free Flat Fee Rs 10
Equity Intraday Free Flat Fee Rs 10
Equity Futures Free Flat Fee 10 Rs
Equity Options Free Flat Fee Rs 10
Currency Futures Free Flat Fee 10 Rs
Currency Options Free Flat Fee Rs 10
Commodity Trading NA Flat Fee 10 Rs
Minimum Brokerage NA Rs 10 or .01% whichever is lower
Hidden Charges No Info Not Available
Funding 18% per annum Info Not Available
Call & Trade Charges Free NA
Auto Square off Charges Free NA
Brokerage Calculator Brokerage Calculator for BlinkX Brokerage Calculator for MyValueTrade
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Share Broker's Transaction Charges

Compare BlinkX vs MyValueTrade on Transaction Charges

Compare BlinkX with MyValueTrade on transaction charges and PCM fee by segment.

Transaction Charges - Compare BlinkX with MyValueTrade
Transaction Charges Compare BlinkX MyValueTrade
Equity Delivery NSE:325 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:325 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:190Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5000 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:3500 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity NA Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for blinkx Complete Brokerage Plans for my-value-trade
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Account Features

Compare BlinkX vs MyValueTrade on Account Features

Compare BlinkX with MyValueTrade on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - MyValueTrade offers Algo Trading where BlinkX doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - both doesn't offer NRI Trading facility.

Account Features - BlinkX with MyValueTrade
Account Features Compare BlinkX MyValueTrade
3 in 1 Account No BlinkX have 2-in-1 account. Only Demate and Trading account. No BlinkX have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading No No
Other Features NIL NIL
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Trading Platform

Compare BlinkX vs MyValueTrade on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w BlinkX and MyValueTrade. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare BlinkX with MyValueTrade
Trading Platform Compare BlinkX MyValueTrade
Desktop Trading Platform BlinkX MVT Trade
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) No Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://direct.mastermarts.com/
Web Trading Demo Info Not Available Info Not Available
Mobile Site No No
Mobile Trading Yes Yes
Mobile Trading App BlinkX MVT Mobile
Mobile Trading App Demo BlinkX Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod BlinkX Download Andriod MVT Mobile Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS BlinkX Download iOS MVT Mobile Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for BlinkX Equity Intraday and Delivery Brokerage Calculator for MyValueTrade
Futures Brokerage Calculator Futures Brokerage Calculator for BlinkX Futures Brokerage Calculator for MyValueTrade
Options Brokerage Calculator Options Brokerage Calculator for BlinkX Options Brokerage Calculator for MyValueTrade
Detail Detail on Trading Platforms for blinkx Detail on Trading Platforms for my-value-trade

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Broker Ratings by Users

Compare BlinkX vs MyValueTrade on User Rating

  BlinkX MyValueTrade
  22 Customer Reviews    Rate BlinkX 10 Customer Reviews    Rate MyValueTrade
Fees Ratings 4.0 3.7
Trading Brokerage Rating 4.8 4.0
Trading Platform Usability 3.7 3.4
Customer Service Ratings 3.9 3.4
Overall Ratings 4.2 3.4
Broker Rating BlinkX is Rated 4.2 / 5 based on 22 customer reviews MyValueTrade is Rated 3.4 / 5 based on 10 customer reviews
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Investment Offerings

Compare BlinkX vs MyValueTrade on Investment Offerings

Compare BlinkX with MyValueTrade on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - MyValueTrade offers trading options in Commodity (MCX) where BlinkX doesn't offer. Online Mutual Fund Investment - BlinkX offers online mutual fund investment option where MyValueTrade doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare BlinkX with MyValueTrade
Investment Offerings Compare BlinkX MyValueTrade
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity No Yes
Online IPO Application Yes No
Mutual Funds Yes No
Bond / NCD Yes No
ETF Yes Yes
Banking No No
Insurance No No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment Yes No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare BlinkX vs MyValueTrade on Order Types

Order Type - Compare BlinkX with MyValueTrade on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Both broker don't have Cover Orders (CO).Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both broker don't have Bracket Orders (BO).With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare BlinkX with MyValueTrade
Order Type Compare BlinkX MyValueTrade
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order No No
Bracket order No No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No No
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Customer Service Offered

Compare BlinkX vs MyValueTrade on Customer Service

Compare BlinkX with MyValueTrade on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare BlinkX with MyValueTrade
Customer Service Compare BlinkX MyValueTrade
24/7 Customer Service BlinkX vs MyValueTrade - 24x7 customer support No No
Email Support BlinkX vs MyValueTrade - Email Support Yes Yes
Onine Live Chat BlinkX vs MyValueTrade - Onine Live Chat Yes Yes
Phone Support BlinkX vs MyValueTrade - Phone Support Yes Yes
Toll Free Number BlinkX vs MyValueTrade - Toll Free Number No No
Through Branches BlinkX vs MyValueTrade - Through Branches Yes No
Customer Care Number BlinkX vs MyValueTrade - Customer Care Number 022-45812222 Info Not Available
Account Opening Process BlinkX vs MyValueTrade - Account Opening Process Paperless onboarding Info Not Available
Customer Support Email BlinkX vs MyValueTrade - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education BlinkX vs MyValueTrade - Knowledge Center/Education https://blinkx.in/en/knowledge-base/ Info Not Available
Head Office Address BlinkX vs MyValueTrade - Head Office Address/Corporate Address
Great Oasis, 8th floor,
Marol Industrial Area, MIDC Road - 21,
Marol, Andheri (E), Mumbai
Info Not Available
Website BlinkX vs MyValueTrade - Company Website https://blinkx.in/ Info Not Available
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Tips/Research/Reports Published

Compare BlinkX vs MyValueTrade on Research Reports, Tips

Compare BlinkX with MyValueTrade on research reports and tips provided by the broker.

Research Reports - Compare BlinkX with MyValueTrade
  BlinkX MyValueTrade
Research Mutual Funds BlinkX vs MyValueTrade - Research Mutual Funds Yes No
Research Equity Reports BlinkX vs MyValueTrade - Research Equity Reports Yes No
Research ETF BlinkX vs MyValueTrade - Research ETF No No
Daily Market Report BlinkX vs MyValueTrade - Daily Market Report No No
Free Tips BlinkX vs MyValueTrade - Free Tips Yes No
Quarterly Result Analysis BlinkX vs MyValueTrade - Quarterly Results Yes No
News Alerts BlinkX vs MyValueTrade - Yes No
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Demat Account

Compare BlinkX vs MyValueTrade on Demat Account

Compare BlinkX with MyValueTrade on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for BlinkX is Rs 300 (Free for 1st year) where for MyValueTrade is ₹300 pa (Second year onwards). BlinkX is a better choice in terms of Demat AMC compare to MyValueTrade.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for BlinkX is Rs 25 per Transaction where for MyValueTrade is ₹15.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare BlinkX with MyValueTrade
  BlinkX MyValueTrade
DP Source CDSL NSDL
DP ID BlinkX vs MyValueTrade - DP ID IN-DP-541 No
Demat Account Annual Maintenance Charges(AMC) Rs 300 (Free for 1st year) ₹300 pa (Second year onwards)
Advance Deposit Nil Rs. 2000/-in advance of which Rs. 1000/- is refundanble/ adjusted on closure of A/c and/or change of scheme after one year from the date of A/c opening for Scheme A
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) Rs 25 per Transaction ₹15
Demat Rs 10 per certificate, minimum Rs 50 ₹3 per certificate + ₹20 per DFR
Remat Rs 20 per certificate, minimum Rs 50 ₹20 for every hundred securities or ₹20 per certificate (whichever is higher)
Pledge Creation Rs 50 per Transaction ₹50 per transaction
Pledge Creation Confirmation Rs 50 per Transaction Nil
Pledge Closure Rs 50 per Transaction ₹25 per transaction
Pledge Closure Confirmation Rs 50 per Transaction Nil
Pledge Invocation Rs 50 per Transaction ₹25 per transaction
Failed Instruction Charges Rs 10 per failed instruction ₹20
Other Charges Nil
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Special Offers,Advantages,Disadvantages

Compare BlinkX vs MyValueTrade on Special Offers and Promotion

Compare BlinkX with MyValueTrade on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare BlinkX vs MyValueTrade on Special Offers and Promotion
  BlinkX MyValueTrade
Pay In and Pay Out Options BlinkX vs MyValueTrade - Pay In and Pay Out Options UPI, Net Banking Info Not Available
Payout Time BlinkX vs MyValueTrade - Payout Time 24 hours Info Not Available
Bank Supported and Charges BlinkX vs MyValueTrade - Bank Supported and Charges Info Not Available
Bank Detail Info Not Available
Likes
  • Zero account opening charges.
  • No Demat maintenance for 1st year
  • User-friendly interface of BlinkX app with advanced features.
  • Free access to expert research reports
  • No brokerage Intraday trading.
  • Rs 999 Rs 799 Zero brokerage unlimited trading plan.
  • Free Add-on services: Call & Trade, square-off, fund transfer, etc
  • MTF at no extra cost.
  • Invest in mutual funds, bonds, NCDs, and SGBs.
  • Participate in IPO, buyback, and OFS for free.
  • Place after market order (AMO)

Detail Review...

Detail Review...

Dislikes
  • No installable trading terminal.
  • Does not provide direct mutual funds
  • Bracket order (BO), cover order (CO), and GTT order are not offered by BlinkX.
  • Unlimited trading is not available on the commodity and BSE F&O trading segment.

Detail Review...

doesn't provide tips and recommendation; doesn't offer automated trading to its clients.

Detail Review...

Special Offers/Promo Free account opening, zero Demat AMC for the first year, unlimited trading plan (equity, NSE F&O, and currency) at Rs 999 799 for 6 months
Enquiry Open BlinkX Account Now>> Open Zerodha Account Now>>

Last Updated on 2024-03-06T03:46:11+00:00