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HDFC Sky Vs BlinkX: Which one is better?

Both the brokers are registered with SEBI. HDFC Sky offers investmenet in Equity, F&O, Currency and Commodities, where BlinkX offers investment in Equity, F&O and Currency only. The brokerage of HDFC Sky Max Rs 20 per trade while the brokerage of BlinkX Max Rs 0 per trade. Both the brokers are Discount Brokers. HDFC Sky is having overall higher rating compare to BlinkX. HDFC Sky is rated 4 out of 5 where BlinkX is rated only 3.5 out of 5. Number of active customer for HDFC Sky is 10,88,561 where number of active customer for BlinkX is 93,737. HDFC Sky is serving more customer compare to BlinkX.

Here we present side-by-side comparison of HDFC Sky vs BlinkX share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared HDFC Sky vs BlinkX'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 HDFC Sky vs BlinkX share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared HDFC Sky vs BlinkX'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 HDFC Sky vs BlinkX on Service

  HDFC Sky Compare
HDFC Sky
BlinkX Compare
BlinkX
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? NSE, BSE, MCX BSE, NSE
Active Clients 10,88,561 93,737
Broker Overview HDFC Sky is the only bank-based discount stock broker in India. Free demat and trading account opening, Rs 20/order maximum brokerage charges across all segments, simple yet elegant user interface enabled HDFC Sky mobile app, and free research & advi... Know more about HDFC Sky 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
Broker Enquiry Request call back from Zerodha Request call back from BlinkX
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Account Opening Charges and AMC

Compare HDFC Sky vs BlinkX on Trading & Demat Account Opening Charges

Comparison of HDFC Sky with BlinkX on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - HDFC Sky charges Rs 240 PA (Free for 1st year) AMC for Demat account where BlinkX charges Rs 300 (Free for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare HDFC Sky with BlinkX
Charges HDFC Sky BlinkX
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 240 PA (Free for 1st year) Rs 300 (Free for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare HDFC Sky vs BlinkX on Plan Options

Plans are the most important feature you look when compare HDFC Sky with BlinkX. This section compare on high level about type of plans offered by brokers. Multiple Plans - BlinkX provides Multiple Plans where HDFC Sky doesn't offer. Monthly Plans - BlinkX provides Monthly Plans where HDFC Sky doesn't offer

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

Account Opening

  Zerodha BlinkX
Account Opening Request
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Brokerage Charges

Compare HDFC Sky vs BlinkX on Brokerage Charges

HDFC Sky Brokerage Plan detail - HDFC Sky follows a fixed pricing model that charges a maximum of Rs 20 per order brokerage fee across segments.

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.

Brokerage Charges - Compare HDFC Sky with BlinkX
Brokerage Charges Compare HDFC Sky BlinkX
Plan Name Fixed pricing model Half Yearly Unlimited Trading Plan
Equity Delivery 0.1% or Rs 20 whichever is lower Free
Equity Intraday 0.1% or Rs 20 whichever is lower Free
Equity Futures 0.1% or Rs 20 whichever is lower Free
Equity Options Flat Fee Rs 20 Free
Currency Futures 0.1% or Rs 20 whichever is lower Free
Currency Options Flat Fee Rs 20 Free
Commodity Trading Flat Fee Rs 20 NA
Minimum Brokerage NIL NA
Hidden Charges No No
Funding Yes - 12% interest PA 18% per annum
Call & Trade Charges Rs 20 per call Free
Auto Square off Charges 0.1% or Rs 20 whichever is lower Free
Brokerage Calculator Brokerage Calculator for HDFC Sky Brokerage Calculator for BlinkX
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Share Broker's Transaction Charges

Compare HDFC Sky vs BlinkX on Transaction Charges

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

Transaction Charges - Compare HDFC Sky with BlinkX
Transaction Charges Compare HDFC Sky BlinkX
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:325 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:325 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:190Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5000 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:4000 Per Cr | BSE:100 Per Cr NSE:3500 Per Cr | BSE:100 Per Cr
Commodity NA NA
Brokerage Charges Complete Brokerage Plans for hdfc-sky Complete Brokerage Plans for blinkx
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Account Features

Compare HDFC Sky vs BlinkX on Account Features

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

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

Compare HDFC Sky vs BlinkX on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w HDFC Sky and BlinkX. 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 HDFC Sky with BlinkX
Trading Platform Compare HDFC Sky BlinkX
Desktop Trading Platform HDFC Sky BlinkX
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) No No
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://hdfcsky.com/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App HDFC Sky App BlinkX
Mobile Trading App Demo HDFC Sky App Demo BlinkX Demo
Android Mobile App Yes Yes
Android App Download Andriod HDFC Sky App Download Andriod BlinkX Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS HDFC Sky App Download iOS BlinkX Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for HDFC Sky Equity Intraday and Delivery Brokerage Calculator for BlinkX
Futures Brokerage Calculator Futures Brokerage Calculator for HDFC Sky Futures Brokerage Calculator for BlinkX
Options Brokerage Calculator Options Brokerage Calculator for HDFC Sky Options Brokerage Calculator for BlinkX
Detail Detail on Trading Platforms for hdfc-sky Detail on Trading Platforms for blinkx

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Broker Ratings by Users

Compare HDFC Sky vs BlinkX on User Rating

  HDFC Sky BlinkX
  97 Customer Reviews    Rate HDFC Sky 22 Customer Reviews    Rate BlinkX
Fees Ratings 2.4 4.0
Trading Brokerage Rating 2.1 4.8
Trading Platform Usability 2.9 3.7
Customer Service Ratings 2.8 3.9
Overall Ratings 2.4 4.2
Broker Rating HDFC Sky is Rated 2.4 / 5 based on 97 customer reviews BlinkX is Rated 4.2 / 5 based on 22 customer reviews
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Investment Offerings

Compare HDFC Sky vs BlinkX on Investment Offerings

Compare HDFC Sky with BlinkX 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 - HDFC Sky offers trading options in Commodity (MCX) where BlinkX doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

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

Compare HDFC Sky vs BlinkX on Order Types

Order Type - Compare HDFC Sky with BlinkX 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) - HDFC Sky provide Cover Orders (CO) where BlinkX doesn't offer.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) - HDFC Sky provide Bracket Orders (BO) where BlinkX doesn't offer.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)- BlinkX offers After market orders where HDFC Sky doesn't offers AMO. GTC Orders- HDFC Sky offers Good Till Cancelled (GTC) orders where BlinkX doesn't support Good Till Cancelled (GTC) orders.

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

Compare HDFC Sky vs BlinkX on Customer Service

Compare HDFC Sky with BlinkX 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 HDFC Sky with BlinkX
Customer Service Compare HDFC Sky BlinkX
24/7 Customer Service HDFC Sky vs BlinkX - 24x7 customer support No No
Email Support HDFC Sky vs BlinkX - Email Support Yes Yes
Onine Live Chat HDFC Sky vs BlinkX - Onine Live Chat No Yes
Phone Support HDFC Sky vs BlinkX - Phone Support Yes Yes
Toll Free Number HDFC Sky vs BlinkX - Toll Free Number No No
Through Branches HDFC Sky vs BlinkX - Through Branches Yes Yes
Customer Care Number HDFC Sky vs BlinkX - Customer Care Number 1800 121 2109 022-45812222
Account Opening Process HDFC Sky vs BlinkX - Account Opening Process Online Paperless onboarding
Customer Support Email HDFC Sky vs BlinkX - Customer Support Email [email protected] [email protected]
Knowledge Center/Education HDFC Sky vs BlinkX - Knowledge Center/Education https://hdfcsky.com/learn https://blinkx.in/en/knowledge-base/
Head Office Address HDFC Sky vs BlinkX - Head Office Address/Corporate Address LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
KANJURMARG,
MUMBAI-MH-400042

Great Oasis, 8th floor,
Marol Industrial Area, MIDC Road - 21,
Marol, Andheri (E), Mumbai
Website HDFC Sky vs BlinkX - Company Website https://hdfcsky.com/ https://blinkx.in/
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Tips/Research/Reports Published

Compare HDFC Sky vs BlinkX on Research Reports, Tips

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

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

Compare HDFC Sky vs BlinkX on Demat Account

Compare HDFC Sky with BlinkX 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 HDFC Sky is ₹750 pa. BlinkX is a better choice in terms of Demat AMC compare to HDFC Sky.

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 HDFC Sky is 0.04% (Min ₹20) + CDSL charges where for BlinkX is Rs 25 per Transaction.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 HDFC Sky with BlinkX
  HDFC Sky BlinkX
DP Source CDSL CDSL
DP ID HDFC Sky vs BlinkX - DP ID CDSL: 1209 IN-DP-541
Demat Account Annual Maintenance Charges(AMC) ₹750 pa Rs 300 (Free for 1st year)
Advance Deposit Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹20) + CDSL charges Rs 25 per Transaction
Demat ₹5 per certificate + ₹35 request charges Rs 10 per certificate, minimum Rs 50
Remat ₹30 Rs 20 per certificate, minimum Rs 50
Pledge Creation Nil Rs 50 per Transaction
Pledge Creation Confirmation 0.04% of transaction value (Min ₹40) Rs 50 per Transaction
Pledge Closure Nil Rs 50 per Transaction
Pledge Closure Confirmation 0.04% of transaction value (Min ₹40) Rs 50 per Transaction
Pledge Invocation 0.04% of transaction value (Min ₹40) Rs 50 per Transaction
Failed Instruction Charges Nil Rs 10 per failed instruction
Other Charges Nil
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Special Offers,Advantages,Disadvantages

Compare HDFC Sky vs BlinkX on Special Offers and Promotion

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

Compare HDFC Sky vs BlinkX on Special Offers and Promotion
  HDFC Sky BlinkX
Pay In and Pay Out Options HDFC Sky vs BlinkX - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from HDFC Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
UPI, Net Banking
Payout Time HDFC Sky vs BlinkX - Payout Time Instant to HDFC Bank. 24 hours
Bank Supported and Charges HDFC Sky vs BlinkX - Bank Supported and Charges Info Not Available
Bank Detail Direct from your HDFC bank account.
Likes

Want to know why to trade with HDFC Sky, here are the promising reasons;

  • Instant paperless account opening
  • Zero account opening charges and no maintenance fee for 1st year
  • Invest in equity, F&O, currencies, and commodities
  • Invest in 2000+ mutual funds from 29+ fund houses
  • Lowest brokerage fee of Rs 20/order
  • Zero commission mutual fund investment.
  • Invest in expert-recommended mutual fund schemes.
  • Global market investment in US stocks and ETFs
  • Stacks: Expert-curated basket of US Stocks and ETFs
  • Trade on HDFC Sky app or web as per your convenience
  • Place advance orders like basket orders, bracket order, cover order, and GTT order.
  • Free research reports and daily trading calls or tips.
  • Learning platform for newbies to experts
  • No minimum balance commitments
  • No hidden charges

Detail Review...

  • 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...

Dislikes
  • Delivery trading is not free while Zerodha offers free delivery trading
  • Desktop trading software is not available
  • Direct mutual funds are not offered.

Detail Review...

  • 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...

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 Zerodha Account Now>> Open BlinkX Account Now>>

Last Updated on 2023-11-09T03:39:28+00:00