BlinkX Review 2024 | Brokerage Charges, Margin, Demat Account (2024)

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BlinkX Review 2024 | Brokerage Charges, Margin, Demat Account (3)

BlinkX Account Opening Enquiry

BlinkX - ₹799 Subscription Plan for 6 months with unlimited trading* (*T&C). Open Instant Account Now

Incorporated in 2022, BlinkX offers financial products and services. BlinkX's investment portfolio includes equity, currency, derivatives, IPO, equity SIP, mutual funds, and margin funding.

The company offers a technology-enabled investment platform BlinkX Trading App that allows you to trade and invest with intelligent portfolio tracking, in-depth expert research, smart recommendations, daily market updates and more. The company also offers free account opening and maintenance fees for the first year.

The company offers two unlimited trading plans: a Rs 999 799 subscription plan (for 6 months) and a Rs 399 199 subscription plan (for 2 months) that allows its customers to trade for free in the NSE & BSE, NSE - F&O and currency segments.

BlinkX offers margin financing and leverage products such as MIS that increase users' trading capacity. The company has launched two mobile apps - BlinkX App - an online trading app and BlinkX Wealth - A one-stop solution for financial wealth & Health. BlinkX is an initiative by JM Financial Services Ltd.

Here are the key strengths of BlinkX:

  • Free account opening No AMC for first-year
  • Subscription plans: Rs 399 199 (free trading for 2 months) and Rs 999 799 (free trading for 6 months).
  • Dedicated Research Backed by an in-depth research team.
  • One-stop marketplace: Equity, Currency, Mutual Funds, Derivatives, Buyback, OFS, IPO, and Margin Funding.
  • Customer-centric and glitch-free app BlinkX - Trading Mobile App.

BlinkX USP

What makes BlinkX different from the competition?

Brokerage plans, Zero Brokerage Trading Account, Research and Recommendations, Amazing watchlist, Buy and sell in a single swipe, and Create your strategy.

BlinkX Special Offer

BlinkX - ₹999 ₹799 Subscription Plan,

Enjoy unlimited trading* for 6 months (*T&C)

Interested in opening a trading account? Open Instant Account Now

BlinkX Charges 2024

BlinkX Account Opening Charges

BlinkX online registration charges or BlinkX Demat and Trading Account Opening Charges are Rs 0.

Transaction

Charges

Demat and Trading Account Opening Charges

Rs 0 (Free)

Demat and Trading Account AMC

Rs 300 (Free for 1st year)

Blinkx Brokerage Charges

BlinkX's unlimited trading plans offer zero brokerage for intraday, delivery, IPOs, OFS and buyback. No brokerage fees for NSE futures and options trades (intraday and carry forward). With BlinkX unlimited trading plans you can modify your profile for free.

Blinkx brokerage plans are as follows:

Rs 399 199 Subscription Plan

Get zero brokerage (NSE & BSE, NSE - F&O and currency segments) for 2 months, no DP AMC (Depository Participants charges and Annual Maintenance Charges) for the first year, free research calls for F&O and cash segments, no fund transfer charges, no square-off liquidation charges and no profile change charges.

Segment

Value

Monthly Plan

Rs 399 199 for 2 months

Equity Delivery

Free

Equity Intraday

Free

Equity Futures

Free

Equity Options

Free

Currency Futures

Free

Currency Options

Free

Rs 999 799 Subscription Plan

Get Zero brokerage (NSE & BSE, NSE - F&O and currency segments) for 6 months, Zero DP AMC for the first year, free research calls for F&O and cash segments, no fund transfer charges, no square-off liquidation charges and no profile change charges.


Segment

Value

Monthly Plan

Rs 999 799 for 6 months

Equity Delivery

Free

Equity Intraday

Free

Equity Futures

Free

Equity Options

Free

Currency Futures

Free

Currency Options

Free

Note:

  • BlinkX Call & Trade, Fund Transfer, Auto Square Off and Research subscription charges are Rs 0.
  • The zero brokerage unlimited trading plan does not apply to MCX and BSE F&O segments.
  • Unlimited trading will have a capping as mentioned in the subscription plan T&C.

Equity Brokerage Charges Explained

BlinkX offers two unlimited subscription plans 999 799 for 6 months or Rs 399 199 for 2 months. These plans offer zero brokerage for intraday, delivery, IPOs, OFS and buyback.

Charges

Equity (Delivery)

Equity (Intraday)

Brokerage

Rs 0 (One time charges Rs 999 799 for 6 months or Rs 399 199 for 2 months)

Rs 0 (One time charges Rs 999 799 for 6 months or Rs 399 199 for 2 months)

Transaction charges

NSE: 0.00325%

NSE: 0.00325%

GST

18% on (Brokerage + transaction charges + SEBI Turnover fees)

18% on (Brokerage + transaction charges + SEBI Turnover fees)

Securities Transaction Tax (STT)

0.1% on buy & sell

0.025% on sell transactions

SEBI Turnover fees

₹10 / crore

₹10 / crore

Stamp Duty

0.015% or ₹1500 / crore on the buy side

0.003% or ₹300 / crore on the buy side

F&O Brokerage Charges Explained

BlinkX offers two unlimited subscription plans 999 799 for 6 months or Rs 399 199 for 2 months. These plans offer zero brokerage for intraday, delivery, IPOs, OFS, buyback and NSE - F&O and currency segments.

Charges

F&O - Futures

F&O - Options

Brokerage

Rs 0 (One time charges Rs 999 799 for 6 months or Rs 399 199 for 2 months)

Rs 0 (One time charges Rs 999 799 for 6 months or Rs 399 199 for 2 months)

Transaction charges

NSE: 0.0019%

NSE: 0.05%

GST

18% on(Brokerage + transaction charges + SEBI Turnover fees)

18% on (Brokerage + transaction charges + SEBI Turnover fees)

Securities Transaction Tax (STT)

0.0125% on the sell side

0.125% of the intrinsic value on options that are bought and exercised 0.0625% on the sell-side

SEBI Turnover fees

₹10 / crore

₹10 / crore

Stamp Duty

0.02% or Rs 200 / crore on the buy side

0.003% or Rs 300 / crore on the buy side

Note: Customers can renew the plan after the 6-month and 2-month validity periods have expired.

BlinkX Demat Account Charges

BlinkX Demat account opening charges are Rs 0. Annual maintenance charge is free for the first year and is Rs 300 per year after the first year.

ID

Transaction

Demat Charges

1

Demat Account opening charges

Free

2

Annual Maintenance charges (AMC)

Free for 1st year.

Rs 300/year + 18% GST charged quarterly

3

Transaction charges (Debit)

Rs 25

4

Dematerialisation Charges

Rs 50

5

Rematerialisation Charges

Rs 20

6

Physical Client Master Report Charges

Rs 100

Visit BlinkX Brokerage Charges Review for more detail.

Special Offer: BlinkX - ₹799 Subscription Plan for 6 months with unlimited trading* (*T&C). Open Instant Account Now

BlinkX Online Account Opening

Steps to open a BlinkX account online:

  1. Open the BlinkX website
  2. Click on Open demat account
  3. Enter and confirm your mobile number and email ID
  4. Enter PAN and link your bank account
  5. Select Plan & eSign
  6. Upload a selfie & signature
  7. Submit documents through Digi Locker

BlinkX Trading Software (BlinkX Trading Platforms)

Blinkx offers broking services through mobile applications. The Blinkx Online Trading App is available for free to all customers.

BlinkX Trading App

  • The company provides its customers with BlinkX mobile applications for trading on the BSE and NSE.
  • With the BlinkX trading app, users can analyse market trends, place trades and manage investments.
  • It is available for free on the Google Play store and Apple App Store.
  • Customers can keep up to date with the latest market data.
  • The app makes it easy for investors to create a wish list of their favourite stocks.
  • BlinkX also offers BlinkX Wealth, where investors can invest in mutual funds, ELSS funds, etc.

Visit BlinkX Trading Software Review for more detail.

BlinkX Account Opening Enquiry

BlinkX - ₹799 Subscription Plan for 6 months with unlimited trading* (*T&C). Open Instant Account Now

BlinkX Pros and Cons

BlinkX Pros (Advantages)

The following are the advantages of BlinkX. You must read BlinkX advantages and disadvantages before opening an account with BlinkX. BlinkX pros and cons help you find if it suits your investment needs.

  • There is no minimum brokerage fee.
  • Free Mutual Funds investment.
  • Monthly unlimited trading plans for trading In Equity, IPO, and NSE F&O.
  • Dedicated Research Calls
  • Dedicated support via phone and email.
  • Zero opening charges by BlinkX.
  • Paperless activation.
  • Free account opening.
  • Call and trade charges are free.
  • Live chat for Instant Assistance (24*7 support).

BlinkX Cons (Disadvantages)

The following are the cons of BlinkX. Check the list of BlinkX drawbacks.

  • BlinkX only has mobile trading applications. It doesn't provide website or trading terminal.
  • BlinkX doesn't offer a 3-in-1 account as the company doesn't provide banking services.
  • Good Till Cancelled (GTC) and Good Till Date/Time (GTD) are unavailable in the Equity Segment.
  • BlinkX only has mobile trading applications. No installable trading terminal.

BlinkX Margin Exposure

BlinkX margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. BlinkX F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for BlinkX F&O carry forward positions and equity delivery trades.

SegmentMarginLeverage
Equity Delivery100% of trade value for T+5 days1x
Equity IntradayUp to 20% of trade value5x
F&O (Equity, Currency and Commodities)100% of NRML margin (Span + Exposure + Delivery margin)1x

BlinkX Ratings

Overall RatingBlinkX Review 2024 | Brokerage Charges, Margin, Demat Account (5) 3.6/5
FeesBlinkX Review 2024 | Brokerage Charges, Margin, Demat Account (6) 4.0/5
BrokerageBlinkX Review 2024 | Brokerage Charges, Margin, Demat Account (7) 4.2/5
UsabilityBlinkX Review 2024 | Brokerage Charges, Margin, Demat Account (8) 3.2/5
Customer ServiceBlinkX Review 2024 | Brokerage Charges, Margin, Demat Account (9) 3.8/5
Research CapabilitiesBlinkX Review 2024 | Brokerage Charges, Margin, Demat Account (10) 3.6/5

Based on 5 Votes by BlinkX Customers

Do you trade with BlinkX? Rate BlinkX

Frequently Asked Questions

  1. 1. What does BlinkX do?

    BlinkX by JM Financial offers various financial services and products. The company enables its customers to trade stocks, options, futures, bonds, mutual funds and IPOs. BlinkX is a platform that enables seamless trading and investing in multiple financial instruments.

    Discuss this question

  2. 2. Is BlinkX a Safe Broker?

    BlinkX is a secure and trustworthy broker that offers you trading in stocks, futures & options. You can also invest in equity SIPs, and mutual funds and get margin funding. The company also offers free research calls, call-and-trade and live chat services.

    Discuss this question

  3. 3. Is BlinkX Good for Beginners?

    BlinkX is a great option for new investors due to its features that facilitate a guided and seamless experience for beginners.

    Discuss this question

BlinkX Reviews

  • BlinkX Charges Review
  • BlinkX Mobile App Review
  • BlinkX Account Opening Process Review
  • BlinkX Demat Account Review
  • Apply in IPO through BlinkX
  • BlinkX Branch Offices / Sub Brokers / Franchise
  • BlinkX Trading Software Review
  • BlinkX NRI Account Review
  • BlinkX Mutual Fund Review
  • Is BlinkX safe for trading and long term investment?
  • BlinkX API Review (Algo Trading)
  • BlinkX FAQs

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BlinkX Vs SharekhanBlinkX Vs AxisDirectBlinkX Vs Angel One
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BlinkX Vs UpstoxBlinkX Vs Anand RathiBlinkX Vs Aditya Birla Money
BlinkX Vs SAMCOBlinkX Vs TradingoBlinkX Vs IDBI Capital
BlinkX Vs TradeSmartBlinkX Vs SAS OnlineBlinkX Vs Alice Blue
BlinkX Vs FyersBlinkX Vs ProstocksBlinkX Vs RMoney
BlinkX Vs Bajaj FinancialBlinkX Vs Yes SecuritiesBlinkX Vs Paytm Money
BlinkX Vs Dhan

Special Offer: BlinkX - ₹799 Subscription Plan for 6 months with unlimited trading* (*T&C). Open Instant Account Now

11 Comments

11.Nikita Parmar || Link|April 11, 2024 5:38:54 PMReply

Research calls are very accurate and brokerage is also cheap and very affordable.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent

11.1.Nitesh Rampar || Link|May 9, 2024 2:44:15 PM

NO... research calls are bad... they do not do good at all. Never use this app... all of the calls are pure fake. and buying stocks screen crashes everytime open in mobile... cannot trade at all...

10.Shirish || Link|April 10, 2024 12:12:24 PMReply

The app does not work. I use iPhone and tried to place buy order but even after trying for 5 times by swiping nothing happened. There was enough margin etc available. Even the Odin on laptop crashed twice. Worst app I have withdrawn all funds. And the customer service is also very poor. It takes 5 to 15 minutes for them to take a call. And they don’t understand the real problem. Keep giving unrealistic excuses. Can’t use this app for serious trading. No use of low brokerage!

9.Anup Jain || Link|April 9, 2024 6:07:03 PMReply

unlimited trading is becoming true here, amazing app with a great pricing plan, and I am saving a lot of money. must go with this, the customer support is good.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent

8.pradeep gupra || Link|April 9, 2024 1:32:01 PMReply

if u r full time trader should start using this, brokerage plan is amazing and u can save lot of money. Rs 799 for 6 months and do unlimited trading in any segment. App is smooth and easy to navigate

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Above Average
Research Capabilities - Above Average
Customer Service - Above Average
Overall Experience - Above Average

7.Sachin || Link|April 9, 2024 1:06:49 PMReply

Good application, with no brokerage, good for trading.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent

6.Rahul Garg || Link|April 9, 2024 12:43:13 PMReply

Trust worthy brokerage house iwth amazing plan for unlimited trading in only Rs 100 - you can buy their 199 plan for 2 months of Rs 799 plan for 6 months and trade unlimited

5.prachi paliwal || Link|April 9, 2024 12:31:02 PMReply

Brokerage - Good
Account Maintenance Fees - Good
Website Usability - Good
Research Capabilities - Good
Customer Service - Good
Overall Experience - Good

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent

4.Alpesh || Link|April 9, 2024 12:09:50 PMReply

Good Broker

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Average
Research Capabilities - Average
Customer Service - Average
Overall Experience - Average

3.Hajit Jain || Link|April 5, 2024 4:26:46 PMReply

Web site not usable no trading avilable. just useless

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Average
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Below Average
Overall Experience - Very Poor

2.Aryaman Singh || Link|April 5, 2024 4:24:56 PMReply

Always crashes and there is not web trading portal. website is full of ads and no use at all

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

1.adani || Link|March 18, 2024 5:54:26 PMReply

Worst services

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

1.1.Arpit || Link|March 27, 2024 6:42:12 PM

My personal experience with BlinkX has been quite positive. I've been trading with BlinkX for a couple of months now, opting for the Rs. 799 plan, and I find it reliable, especially because of its partnership with JM Financial, a company with over 50 years of experience. The account opening process was swift, taking only 2 working days, and I received excellent support for activating the F&O segment. I've particularly appreciated the customer service provided by BlinkX, including the assistance from my dedicated Relationship Manager who has been helpful in guiding me through trading strategies. Additionally, I've gained access to JM Financial's research group at no extra cost, which has further enhanced my trading experience. With its brokerage-free plans, consistent customer support, and seamless trading application, BlinkX has definitely stood out for me among the various trading platforms available in the market.

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