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BlinkX Vs Upstox: Which one is better?

Both the brokers are registered with SEBI. BlinkX offers investmenet in Equity, F&O and Currency only, where Upstox offers investment in Equity, F&O, Currency and Commodities.. The brokerage of BlinkX Max Rs 0 per trade while the brokerage of Upstox Max Rs 20 per trade. Both the brokers are Discount Brokers. BlinkX is having overall lower rating compare to Upstox. BlinkX is rated only 3.5 out of 5 where Upstox is rated 4.5 out of 5. Number of active customer for Upstox is 24,01,555 where number of active customer for BlinkX is 93,737. Upstox is serving more customer compare to BlinkX.

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

  BlinkX Compare
BlinkX
Upstox Compare
Upstox
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 24,01,555
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 Rs 20 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India.
Broker Enquiry Request call back from BlinkX Request call back from Upstox
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Account Opening Charges and AMC

Compare BlinkX vs Upstox on Trading & Demat Account Opening Charges

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

Trading & Demat Account Opening Charges - Compare BlinkX with Upstox
Charges BlinkX Upstox
Trading Account Opening Fees Free Promotion offer: Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 300 (Free for 1st year) Free
Provide DP Service Yes Yes
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About Brokerage Plans

Compare BlinkX vs Upstox on Plan Options

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

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

Account Opening

  BlinkX Upstox
Account Opening Request
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Brokerage Charges

Compare BlinkX vs Upstox 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.

Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.

Brokerage Charges - Compare BlinkX with Upstox
Brokerage Charges Compare BlinkX Upstox
Plan Name Half Yearly Unlimited Trading Plan Max Rs 20 Per Order Trading Plan
Equity Delivery Free 2.5% or Rs 20 whichever is lower
Equity Intraday Free 0.05% or Rs 20 whichever is lower
Equity Futures Free 0.05% or Rs 20 whichever is lower
Equity Options Free Flat Fee Rs 20
Currency Futures Free 0.05% or Rs 20 whichever is lower
Currency Options Free Flat Fee Rs 20
Commodity Trading NA Flat Fee Rs 20
Minimum Brokerage NA NIL
Hidden Charges No Info Not Available
Funding 18% per annum Info Not Available
Call & Trade Charges Free Rs 50 + 18% GST
Auto Square off Charges Free Rs 50 + 18% GST
Brokerage Calculator Brokerage Calculator for BlinkX Brokerage Calculator for Upstox
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Share Broker's Transaction Charges

Compare BlinkX vs Upstox on Transaction Charges

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

Transaction Charges - Compare BlinkX with Upstox
Transaction Charges Compare BlinkX Upstox
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 upstox
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Account Features

Compare BlinkX vs Upstox on Account Features

Compare BlinkX with Upstox on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Upstox offers 3-in-1 account where BlinkX offers only 2-in-1 account which includes trading and demat account. Algo Trading - Upstox 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 Upstox
Account Features Compare BlinkX Upstox
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 Yes
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 3:15PM
NRI Trading No No
Other Features NIL NIL
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Trading Platform

Compare BlinkX vs Upstox on Trading Platform

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

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Broker Ratings by Users

Compare BlinkX vs Upstox on User Rating

  BlinkX Upstox
  22 Customer Reviews    Rate BlinkX 12 Customer Reviews    Rate Upstox
Fees Ratings 4.0 3.5
Trading Brokerage Rating 4.8 3.8
Trading Platform Usability 3.7 3.7
Customer Service Ratings 3.9 3.5
Overall Ratings 4.2 3.7
Broker Rating BlinkX is Rated 4.2 / 5 based on 22 customer reviews Upstox is Rated 3.7 / 5 based on 12 customer reviews
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Investment Offerings

Compare BlinkX vs Upstox on Investment Offerings

Compare BlinkX with Upstox 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 - Upstox 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 Upstox
Investment Offerings Compare BlinkX Upstox
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 No
ETF Yes Yes
Banking No 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 BlinkX vs Upstox on Order Types

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

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

Compare BlinkX vs Upstox on Customer Service

Compare BlinkX with Upstox 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 Upstox
Customer Service Compare BlinkX Upstox
24/7 Customer Service BlinkX vs Upstox - 24x7 customer support No No
Email Support BlinkX vs Upstox - Email Support Yes Yes
Onine Live Chat BlinkX vs Upstox - Onine Live Chat Yes Yes
Phone Support BlinkX vs Upstox - Phone Support Yes Yes
Toll Free Number BlinkX vs Upstox - Toll Free Number No No
Through Branches BlinkX vs Upstox - Through Branches Yes Yes
Customer Care Number BlinkX vs Upstox - Customer Care Number 022-45812222 +91 22 6130 9999
Account Opening Process BlinkX vs Upstox - Account Opening Process Paperless onboarding Online/Paperless
Customer Support Email BlinkX vs Upstox - Customer Support Email [email protected] [email protected]
Knowledge Center/Education BlinkX vs Upstox - Knowledge Center/Education https://blinkx.in/en/knowledge-base/ https://upstox.com/help-center/
Head Office Address BlinkX vs Upstox - Head Office Address/Corporate Address
Great Oasis, 8th floor,
Marol Industrial Area, MIDC Road - 21,
Marol, Andheri (E), Mumbai
Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
Website BlinkX vs Upstox - Company Website https://blinkx.in/ https://upstox.com/
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Tips/Research/Reports Published

Compare BlinkX vs Upstox on Research Reports, Tips

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

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

Compare BlinkX vs Upstox on Demat Account

Compare BlinkX with Upstox 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 Upstox is ₹300 PA. BlinkX is a better choice in terms of Demat AMC compare to Upstox.

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 Upstox is ₹13 + ₹5.50 CDSL charges.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 Upstox
  BlinkX Upstox
DP Source CDSL CDSL
DP ID BlinkX vs Upstox - DP ID IN-DP-541 81800
Demat Account Annual Maintenance Charges(AMC) Rs 300 (Free for 1st year) ₹300 PA
Advance Deposit Nil NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) Rs 25 per Transaction ₹13 + ₹5.50 CDSL charges
Demat Rs 10 per certificate, minimum Rs 50 ₹20 + ₹50 courier charges
Remat Rs 20 per certificate, minimum Rs 50 ₹100 for every hundred securities or ₹25 per certificate (whichever is higher)
Pledge Creation Rs 50 per Transaction 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Creation Confirmation Rs 50 per Transaction 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Closure Rs 50 per Transaction 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Closure Confirmation Rs 50 per Transaction 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Invocation Rs 50 per Transaction 0.05% of the transaction value (Min ₹50)
Failed Instruction Charges Rs 10 per failed instruction ₹50
Other Charges Nil
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Special Offers,Advantages,Disadvantages

Compare BlinkX vs Upstox on Special Offers and Promotion

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

Compare BlinkX vs Upstox on Special Offers and Promotion
  BlinkX Upstox
Pay In and Pay Out Options BlinkX vs Upstox - Pay In and Pay Out Options UPI, Net Banking pay-in/adding funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro
Pau-out/Fund Withdrawal - Bank Transfer only
Payout Time BlinkX vs Upstox - Payout Time 24 hours Max 24 hrs except bank holidays
Bank Supported and Charges BlinkX vs Upstox - Bank Supported and Charges Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service.
Bank Detail HDFC Bank
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
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...

Before you open an Upstox account, check out the advantages on why to trade with Upstox.

  • No account opening charges and Zero Demat maintenance charge.
  • Cheapest flat brokerage of Rs 20 per order
  • Best platforms for traders and investors
  • Invest in mutual funds and IPOs for free.
  • Invest across global companies in 25+ countries.
  • Advanced orders like bracket order, cover order, AMO, and GTT order.
  • Advanced Pro web and mobile app-based trading platforms.
  • TradingView charts, multiple technical indicators, and drawing tools
  • Margin Trading Facility and margin against shares
  • Free API access
  • UpLearn free learning platform

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...

There are some setbacks or disadvantages also while trading with Upstox;

  • Unlike top brokers like Zerodha and Fyers, Upstox does not offer free delivery trading.
  • Upstox does not have unlimited monthly trading plan.
  • It does not provide stock trading tips and recommendations.
  • Does not offer NRI trading.
  • 24/7 customer service is not available.

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 Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs
Enquiry Open BlinkX Account Now>> Open Upstox Account Now>>

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