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IDBI Direct Vs BlinkX: Which one is better?

The brokerage of IDBI Direct Max 0.02% to 0.20% per trade while the brokerage of BlinkX ranges between Rs 0. IDBI Direct is a Full Service Broker where BlinkX is a Discount Broker. Overall rating for both the brokers are equal with rating 3.5 out of 5. Number of active customer for BlinkX is 96,411 where number of active customer for IDBI Direct is 55,291. BlinkX is serving more customer compare to IDBI Direct.

Here we present side-by-side comparison of IDBI Direct 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 IDBI Direct 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 IDBI Direct 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 IDBI Direct 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 IDBI Direct vs BlinkX on Service

  IDBI Direct Compare
IDBI Direct
BlinkX Compare
BlinkX
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? NSE, BSE BSE, NSE
Active Clients 55,291 96,411
Broker Overview Open an integrated 3-in-1 trading account with IDBI Direct to trade in a hassle-free manner. Multiple platforms for trading across devices, stock trading tips, ideas and research reports, NRI trading, and advisory services are the reasons to choose I... Know more about IDBI Direct 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 IDBI Direct vs BlinkX on Trading & Demat Account Opening Charges

Comparison of IDBI Direct with BlinkX on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - IDBI Direct charges Rs 350 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 IDBI Direct with BlinkX
Charges IDBI Direct BlinkX
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 350 PA [Free for 1st year] Rs 300 (Free for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare IDBI Direct vs BlinkX on Plan Options

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

Compare IDBI Direct with BlinkX on Plan Options
Plan Types IDBI Direct 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 IDBI Direct vs BlinkX on Brokerage Charges

IDBI Direct Brokerage Plan detail - IDBI Direct Brokerage Plan

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 IDBI Direct with BlinkX
Brokerage Charges Compare IDBI Direct BlinkX
Plan Name Flat Brokerage PLan Half Yearly Unlimited Trading Plan
Equity Delivery 0.20% Free
Equity Intraday 0.02% Free
Equity Futures Flat Rs 15 per order Free
Equity Options Flat Rs 15 per order Free
Currency Futures Flat Rs 15 per order Free
Currency Options Flat Rs 15 per order Free
Commodity Trading NA NA
Minimum Brokerage Rs 25 per trade or 2.5% of the trade value whichever is lower. NA
Hidden Charges Info Not Available No
Funding Info Not Available 18% per annum
Call & Trade Charges Free Free
Auto Square off Charges NA Free
Brokerage Calculator Brokerage Calculator for IDBI Direct Brokerage Calculator for BlinkX
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Share Broker's Transaction Charges

Compare IDBI Direct vs BlinkX on Transaction Charges

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

Transaction Charges - Compare IDBI Direct with BlinkX
Transaction Charges Compare IDBI Direct 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 idbicapital Complete Brokerage Plans for blinkx
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Account Features

Compare IDBI Direct vs BlinkX on Account Features

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

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

Compare IDBI Direct vs BlinkX on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w IDBI Direct 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 IDBI Direct with BlinkX
Trading Platform Compare IDBI Direct BlinkX
Desktop Trading Platform Infinity BlinkX
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes No
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.idbicapital.com/
Web Trading Demo Info Not Available Info Not Available
Mobile Site No No
Mobile Trading Yes Yes
Mobile Trading App IDBI Direct Mobile App BlinkX
Mobile Trading App Demo Info Not Available BlinkX Demo
Android Mobile App Yes Yes
Android App Download Andriod IDBI Direct Mobile App Download Andriod BlinkX Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS IDBI Direct Mobile 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 IDBI Direct Equity Intraday and Delivery Brokerage Calculator for BlinkX
Futures Brokerage Calculator Futures Brokerage Calculator for IDBI Direct Futures Brokerage Calculator for BlinkX
Options Brokerage Calculator Options Brokerage Calculator for IDBI Direct Options Brokerage Calculator for BlinkX
Detail Detail on Trading Platforms for idbicapital Detail on Trading Platforms for blinkx

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Broker Ratings by Users

Compare IDBI Direct vs BlinkX on User Rating

  IDBI Direct BlinkX
  31 Customer Reviews    Rate IDBI Direct 22 Customer Reviews    Rate BlinkX
Fees Ratings 3.0 4.0
Trading Brokerage Rating 2.5 4.8
Trading Platform Usability 2.6 3.7
Customer Service Ratings 2.7 3.9
Overall Ratings 2.7 4.2
Broker Rating IDBI Direct is Rated 2.7 / 5 based on 31 customer reviews BlinkX is Rated 4.2 / 5 based on 22 customer reviews
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Investment Offerings

Compare IDBI Direct vs BlinkX on Investment Offerings

Compare IDBI Direct 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 - Both broker don't offers Commodity Trading (MCX). 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 IDBI Direct with BlinkX
Investment Offerings Compare IDBI Direct BlinkX
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity No No
Online IPO Application Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking Yes No
Insurance Yes 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 IDBI Direct vs BlinkX on Order Types

Order Type - Compare IDBI Direct 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) - IDBI Direct 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) - IDBI Direct 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)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- IDBI Direct offers Good Till Cancelled (GTC) orders where BlinkX doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare IDBI Direct with BlinkX
Order Type Compare IDBI Direct 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 Yes Yes
GTC-Good Till Cancelled Yes No
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Customer Service Offered

Compare IDBI Direct vs BlinkX on Customer Service

Compare IDBI Direct 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 IDBI Direct with BlinkX
Customer Service Compare IDBI Direct BlinkX
24/7 Customer Service IDBI Direct vs BlinkX - 24x7 customer support No No
Email Support IDBI Direct vs BlinkX - Email Support Yes Yes
Onine Live Chat IDBI Direct vs BlinkX - Onine Live Chat No Yes
Phone Support IDBI Direct vs BlinkX - Phone Support Yes Yes
Toll Free Number IDBI Direct vs BlinkX - Toll Free Number Yes No
Through Branches IDBI Direct vs BlinkX - Through Branches Yes Yes
Customer Care Number IDBI Direct vs BlinkX - Customer Care Number 022-3913 5001 022-45812222
Account Opening Process IDBI Direct vs BlinkX - Account Opening Process Info Not Available Paperless onboarding
Customer Support Email IDBI Direct vs BlinkX - Customer Support Email [email protected] [email protected]
Knowledge Center/Education IDBI Direct vs BlinkX - Knowledge Center/Education Info Not Available https://blinkx.in/en/knowledge-base/
Head Office Address IDBI Direct vs BlinkX - Head Office Address/Corporate Address Info Not Available
Great Oasis, 8th floor,
Marol Industrial Area, MIDC Road - 21,
Marol, Andheri (E), Mumbai
Website IDBI Direct vs BlinkX - Company Website https://www.idbidirect.in/ https://blinkx.in/
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Tips/Research/Reports Published

Compare IDBI Direct vs BlinkX on Research Reports, Tips

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

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

Compare IDBI Direct vs BlinkX on Demat Account

Compare IDBI Direct 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 IDBI Direct is ₹350 pa. BlinkX is a better choice in terms of Demat AMC compare to IDBI Direct.

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 IDBI Direct is 0.04% of transaction value or ₹30 whichever is higher + 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 IDBI Direct with BlinkX
  IDBI Direct BlinkX
DP Source CDSL CDSL
DP ID IDBI Direct vs BlinkX - DP ID No IN-DP-541
Demat Account Annual Maintenance Charges(AMC) ₹350 pa Rs 300 (Free for 1st year)
Advance Deposit NO Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value or ₹30 whichever is higher + CDSL charges Rs 25 per Transaction
Demat ₹5 per certificate + ₹30 courier charges Rs 10 per certificate, minimum Rs 50
Remat ₹20 for every hundred securities or ₹20 per certificate (whichever is higher) + ₹25 courier charges Rs 20 per certificate, minimum Rs 50
Pledge Creation 0.05% of transaction value or ₹50 whichever is higher Rs 50 per Transaction
Pledge Creation Confirmation Nil Rs 50 per Transaction
Pledge Closure 0.0002% of transaction value or ₹25 whichever is higher Rs 50 per Transaction
Pledge Closure Confirmation 0.0002% of transaction value or ₹25 whichever is higher Rs 50 per Transaction
Pledge Invocation 0.0015% of transaction value or ₹25 whichever is higher 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 IDBI Direct vs BlinkX on Special Offers and Promotion

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

Compare IDBI Direct vs BlinkX on Special Offers and Promotion
  IDBI Direct BlinkX
Pay In and Pay Out Options IDBI Direct vs BlinkX - Pay In and Pay Out Options Info Not Available UPI, Net Banking
Payout Time IDBI Direct vs BlinkX - Payout Time Info Not Available 24 hours
Bank Supported and Charges IDBI Direct vs BlinkX - Bank Supported and Charges Info Not Available
Bank Detail Info Not Available
Likes
  • 3-in-1 account opening.
  • Zero brokerage for the first 3 months.
  • Zero AMC for the first year.
  • Competitive brokerage
  • Paperless investment in mutual funds.
  • Equity SIP facility in shares (Amount based SIP and quantity-based SIP).
  • Leverage/margin trading with E-margin.
  • Encash – BSE feature to instantly get sale proceeds.
  • Dealer-assisted trading and free call & trade
  • Place aftermarket order, bracket order, and cover order.
  • Place Good Till Date (GTD)
  • Buy today Sell Tomorrow (BTST)

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
  • Does not offer commodity trading.
  • The user interface of the trading platforms can be improved.
  • Customer service needs a lot of improvement.

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 2023-08-21T03:25:00+00:00