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BlinkX Vs AxisDirect: Which one is better?

The brokerage of BlinkX Max Rs 0 per trade while the brokerage of AxisDirect ranges between 0.05% to 0.5%. BlinkX is a Discount Broker where AxisDirect is a Full Service Broker. Overall rating for both the brokers are equal with rating 3.5 out of 5. Number of active customer for AxisDirect is 3,57,390 where number of active customer for BlinkX is 93,737. AxisDirect is serving more customer compare to BlinkX.

Here we present side-by-side comparison of BlinkX vs AxisDirect 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 AxisDirect'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 AxisDirect 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 AxisDirect'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 AxisDirect on Service

  BlinkX Compare
BlinkX
AxisDirect Compare
AxisDirect
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE NSE, BSE
Active Clients 93,737 3,57,390
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 Axis Direct is a leading player in the retail broking space. The 3-in-1 account with Axis Direct is a single platform to trade in different asset classes, access innovative Ring powerful-technology trading platform, quality research calls & advis...Know more about AxisDirect
Broker Enquiry Request call back from BlinkX Request call back from Zerodha
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Account Opening Charges and AMC

Compare BlinkX vs AxisDirect on Trading & Demat Account Opening Charges

Comparison of BlinkX with AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - BlinkX offer Free account opening where AxisDirect charges Rs 999 for account opening. Demat AMC charges - BlinkX charges Rs 300 (Free for 1st year) AMC for Demat account where AxisDirect charges Rs 750 PA (Free for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare BlinkX with AxisDirect
Charges BlinkX AxisDirect
Trading Account Opening Fees Free Rs 999
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 300 (Free for 1st year) Rs 750 PA (Free for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare BlinkX vs AxisDirect on Plan Options

Plans are the most important feature you look when compare BlinkX with AxisDirect. 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 - BlinkX provide Monthly Plans where AxisDirect doesn't offer

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

Account Opening

  BlinkX Zerodha
Account Opening Request
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Brokerage Charges

Compare BlinkX vs AxisDirect 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.

AxisDirect Brokerage Plan detail - Axis Direct has a fixed % based brokerage plan that charge a fixed brokerage fee on trading across segments.

Brokerage Charges - Compare BlinkX with AxisDirect
Brokerage Charges Compare BlinkX AxisDirect
Plan Name Half Yearly Unlimited Trading Plan Fixed Brokerage Trading Plan (Percentage Based)
Equity Delivery Free 0.50% (Each leg)
Equity Intraday Free 0.05% (Each leg)
Equity Futures Free 0.05% (Each leg)
Equity Options Free Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures Free 0.05% (Each Leg)
Currency Options Free Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p
Commodity Trading NA Futures: 0.03% (Each leg)| Options: Rs. 50 per lot
Minimum Brokerage NA NIL
Hidden Charges No No
Funding 18% per annum Yes - 18% interest PA
Call & Trade Charges Free Free 20 calls per month, and after Rs. 20 per order
Auto Square off Charges Free 20 calls Free and after that Rs 20 per call
Brokerage Calculator Brokerage Calculator for BlinkX Brokerage Calculator for AxisDirect
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Share Broker's Transaction Charges

Compare BlinkX vs AxisDirect on Transaction Charges

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

Transaction Charges - Compare BlinkX with AxisDirect
Transaction Charges Compare BlinkX AxisDirect
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
Brokerage Charges Complete Brokerage Plans for blinkx Complete Brokerage Plans for axisdirect
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Account Features

Compare BlinkX vs AxisDirect on Account Features

Compare BlinkX with AxisDirect on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - AxisDirect 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 - AxisDirect offers NRI where BlinkX doesn't offers NRI Trading.

Account Features - BlinkX with AxisDirect
Account Features Compare BlinkX AxisDirect
3 in 1 Account No BlinkX have 2-in-1 account. Only Demate and Trading account. Yes, BlinkX have 3-in-1 accounts. Bank Account, Demat 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 No Yes
Intraday Square-off Time 3:15PM 2:45 PM
NRI Trading No Yes
Other Features NIL NIL
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Trading Platform

Compare BlinkX vs AxisDirect on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w BlinkX and AxisDirect. 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 AxisDirect
Trading Platform Compare BlinkX AxisDirect
Desktop Trading Platform BlinkX Ring
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) No Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://login.axisdirect.in/
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App BlinkX AxisDirect Ring Mobile App
Mobile Trading App Demo BlinkX Demo AxisDirect Ring Mobile App Demo
Android Mobile App Yes Yes
Android App Download Andriod BlinkX Download Andriod AxisDirect Ring Mobile App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS BlinkX Download iOS AxisDirect Ring Mobile App Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Yes, DirectTrade - Rs 2999 PA
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for BlinkX Equity Intraday and Delivery Brokerage Calculator for AxisDirect
Futures Brokerage Calculator Futures Brokerage Calculator for BlinkX Futures Brokerage Calculator for AxisDirect
Options Brokerage Calculator Options Brokerage Calculator for BlinkX Options Brokerage Calculator for AxisDirect
Detail Detail on Trading Platforms for blinkx Detail on Trading Platforms for axisdirect

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Broker Ratings by Users

Compare BlinkX vs AxisDirect on User Rating

  BlinkX AxisDirect
  22 Customer Reviews    Rate BlinkX 6 Customer Reviews    Rate AxisDirect
Fees Ratings 4.0 2.5
Trading Brokerage Rating 4.8 2.0
Trading Platform Usability 3.7 3.2
Customer Service Ratings 3.9 2.7
Overall Ratings 4.2 2.3
Broker Rating BlinkX is Rated 4.2 / 5 based on 22 customer reviews AxisDirect is Rated 2.3 / 5 based on 6 customer reviews
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Investment Offerings

Compare BlinkX vs AxisDirect on Investment Offerings

Compare BlinkX with AxisDirect 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 - AxisDirect 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 BlinkX with AxisDirect
Investment Offerings Compare BlinkX AxisDirect
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity No Yes
Online IPO Application Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking No Yes
Insurance No Yes
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 BlinkX vs AxisDirect on Order Types

Order Type - Compare BlinkX with AxisDirect 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) - AxisDirect provides 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) - 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- AxisDirect offers Good Till Cancelled (GTC) orders where BlinkX doesn't support Good Till Cancelled (GTC) orders.

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

Compare BlinkX vs AxisDirect on Customer Service

Compare BlinkX with AxisDirect 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 AxisDirect
Customer Service Compare BlinkX AxisDirect
24/7 Customer Service BlinkX vs AxisDirect - 24x7 customer support No No
Email Support BlinkX vs AxisDirect - Email Support Yes Yes
Onine Live Chat BlinkX vs AxisDirect - Onine Live Chat Yes Yes
Phone Support BlinkX vs AxisDirect - Phone Support Yes Yes
Toll Free Number BlinkX vs AxisDirect - Toll Free Number No Yes
Through Branches BlinkX vs AxisDirect - Through Branches Yes Yes
Customer Care Number BlinkX vs AxisDirect - Customer Care Number 022-45812222 022-61480808
Account Opening Process BlinkX vs AxisDirect - Account Opening Process Paperless onboarding Online
Customer Support Email BlinkX vs AxisDirect - Customer Support Email [email protected] [email protected]
Knowledge Center/Education BlinkX vs AxisDirect - Knowledge Center/Education https://blinkx.in/en/knowledge-base/ https://simplehai.axisdirect.in/learn/overview
Head Office Address BlinkX vs AxisDirect - Head Office Address/Corporate Address
Great Oasis, 8th floor,
Marol Industrial Area, MIDC Road - 21,
Marol, Andheri (E), Mumbai
Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
Website BlinkX vs AxisDirect - Company Website https://blinkx.in/ https://simplehai.axisdirect.in
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Tips/Research/Reports Published

Compare BlinkX vs AxisDirect on Research Reports, Tips

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

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

Compare BlinkX vs AxisDirect on Demat Account

Compare BlinkX with AxisDirect 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 AxisDirect is ₹500 pa. BlinkX is a better choice in terms of Demat AMC compare to AxisDirect.

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 AxisDirect is ₹10.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 AxisDirect
  BlinkX AxisDirect
DP Source CDSL CDSL
DP ID BlinkX vs AxisDirect - DP ID IN-DP-541 49200
Demat Account Annual Maintenance Charges(AMC) Rs 300 (Free for 1st year) ₹500 pa
Advance Deposit Nil Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) Rs 25 per Transaction ₹10
Demat Rs 10 per certificate, minimum Rs 50 ₹3 per certificate
Remat Rs 20 per certificate, minimum Rs 50 ₹10 for every hundred securities (Min ₹10)
Pledge Creation Rs 50 per Transaction ₹25
Pledge Creation Confirmation Rs 50 per Transaction ₹25
Pledge Closure Rs 50 per Transaction ₹25
Pledge Closure Confirmation Rs 50 per Transaction ₹25
Pledge Invocation Rs 50 per Transaction Nil
Failed Instruction Charges Rs 10 per failed instruction Nil
Other Charges Nil
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Special Offers,Advantages,Disadvantages

Compare BlinkX vs AxisDirect on Special Offers and Promotion

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

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

  • Open paperless 3-in-1 account (Bank + Demat + Trading).
  • One-stop shop to trade on BSE, NSE, and MCX.
  • Zero Demat AMC for 1st year for Axis Bank account holders.
  • Multiple brokerage plans for traders and investors.
  • Trade in options at flat Rs. 10/order.
  • Unlimited Brokerage-free options trading for the first month.
  • Ring revolutionary app and desktop-based platforms provide an investment opportunity.
  • Free trading tools like scanners, options strategies, advanced charting, & indicators.
  • Get free trading calls, investment ideas, and research reports.
  • Hassle-free investment in bonds & debenture on the “Yield” platform.
  • AI-powered investment ideas and wealth management advisory services.
  • Buy Now and Pay Later with E-margin.
  • Free 20 calls per month.

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...

  • High account opening fees.
  • It charges a higher brokerage fee than discount brokers like Zerodha, Upstox, etc.
  • It does not have a flat discount brokerage plan.

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 Get Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquiry Open BlinkX Account Now>> Open Zerodha Account Now>>

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