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BlinkX Vs Groww: Which one is better?

The brokerage of BlinkX Max Rs 0 per trade while the brokerage of Groww Max Rs 20 per trade. Both the brokers are Discount Brokers. BlinkX is having overall lower rating compare to Groww. BlinkX is rated only 3.5 out of 5 where Groww is rated 4 out of 5. Number of active customer for Groww is 84,20,803 where number of active customer for BlinkX is 1. Groww is serving more customer compare to BlinkX.

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

  BlinkX Compare
BlinkX
Groww Compare
Groww
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
Active Clients 1 84,20,803
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 Groww is the top broker for beginners to invest in direct mutual funds for Free and trade in stocks at a Rs 20 flat fee! Also, its easy-to-use, crystal clear user interface, and safe & secure Groww app and web-based platform makes investing hassl...Know more about Groww
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare BlinkX vs Groww on Trading & Demat Account Opening Charges

Comparison of BlinkX with Groww on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Groww 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 Groww
Charges BlinkX Groww
Trading Account Opening Fees Free 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 Groww on Plan Options

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

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

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare BlinkX vs Groww 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 799 for 6 months.

Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.

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

Compare BlinkX vs Groww on Transaction Charges

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

Transaction Charges - Compare BlinkX with Groww
Transaction Charges Compare BlinkX Groww
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 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:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr NA
Brokerage Charges Complete Brokerage Plans for blinkx Complete Brokerage Plans for groww
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Account Features

Compare BlinkX vs Groww on Account Features

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

Account Features - BlinkX with Groww
Account Features Compare BlinkX Groww
3 in 1 Account No BlinkX have 2-in-1 account. Only Demate and Trading account. No BlinkX have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No No
SMS Alerts Yes No
Online Demo Yes No
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:15PM 3:10 PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare BlinkX vs Groww on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w BlinkX and Groww. 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 Groww
Trading Platform Compare BlinkX Groww
Desktop Trading Platform BlinkX Groww App
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 Yes
Web Trading Demo Info Not Available Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App BlinkX Groww App
Mobile Trading App Demo BlinkX Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod BlinkX Download Andriod Groww App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS BlinkX Download iOS Groww App 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 Groww
Futures Brokerage Calculator Futures Brokerage Calculator for BlinkX Futures Brokerage Calculator for Groww
Options Brokerage Calculator Options Brokerage Calculator for BlinkX Options Brokerage Calculator for Groww
Detail Detail on Trading Platforms for blinkx Detail on Trading Platforms for groww

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Broker Ratings by Users

Compare BlinkX vs Groww on User Rating

  BlinkX Groww
  22 Customer Reviews    Rate BlinkX 7 Customer Reviews    Rate Groww
Fees Ratings 4.0 4.4
Trading Brokerage Rating 4.8 3.7
Trading Platform Usability 3.7 4.1
Customer Service Ratings 3.9 3.3
Overall Ratings 4.2 4.1
Broker Rating BlinkX is Rated 4.2 / 5 based on 22 customer reviews Groww is Rated 4.1 / 5 based on 7 customer reviews
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Investment Offerings

Compare BlinkX vs Groww on Investment Offerings

Compare BlinkX with Groww 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 - BlinkX offers trading options in Commodity (MCX) where Groww 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 Groww
Investment Offerings Compare BlinkX Groww
Equity Cash and F&O Yes Yes
Currency Deravitives Yes No
Commodity Yes No
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 No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare BlinkX vs Groww on Order Types

Order Type - Compare BlinkX with Groww 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) - BlinkX provide Cover Orders (CO) where Groww 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)- BlinkX offers After Market Orders where Groww doesn't offers AMO. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

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

Compare BlinkX vs Groww on Customer Service

Compare BlinkX with Groww 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 Groww
Customer Service Compare BlinkX Groww
24/7 Customer Service BlinkX vs Groww - 24x7 customer support No No
Email Support BlinkX vs Groww - Email Support Yes Yes
Onine Live Chat BlinkX vs Groww - Onine Live Chat Yes Yes
Phone Support BlinkX vs Groww - Phone Support Yes Yes
Toll Free Number BlinkX vs Groww - Toll Free Number No No
Through Branches BlinkX vs Groww - Through Branches Yes No
Customer Care Number BlinkX vs Groww - Customer Care Number 992091444 9108800604
Account Opening Process BlinkX vs Groww - Account Opening Process Paperless onboarding Online
Customer Support Email BlinkX vs Groww - Customer Support Email [email protected] [email protected]
Knowledge Center/Education BlinkX vs Groww - Knowledge Center/Education https://blinkx.in/en/knowledge-base/ https://groww.in/academy
Head Office Address BlinkX vs Groww - Head Office Address/Corporate Address
Great Oasis, 8th floor,
Marol Industrial Area, MIDC Road - 21,
Marol, Andheri (E), Mumbai
Groww Head Office
1st Floor, Proms Complex, SBI Colony,
1 A Koramangala, 560034
Website BlinkX vs Groww - Company Website https://blinkx.in/ https://groww.in/
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Tips/Research/Reports Published

Compare BlinkX vs Groww on Research Reports, Tips

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

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

Compare BlinkX vs Groww on Demat Account

Compare BlinkX with Groww 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 Groww is Zero where for BlinkX is Rs 3500/- For 5 Years.

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 15 per Transaction where for Groww is ₹8 + ₹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 Groww
  BlinkX Groww
DP Source CDSL CDSL
DP ID BlinkX vs Groww - DP ID IN-DP-541 No
Demat Account Annual Maintenance Charges(AMC) Rs 3500/- For 5 Years Zero
Advance Deposit Nil Nil
Statutory charges Nil Legal Charges
Transaction Charges on Debit (Per ISIN) Rs 15 per Transaction ₹8 + ₹5.50 CDSL charges
Demat Rs 35 per Request plus Rs 3 per certificate subject to a minimum of Rs 50 per request ₹150 per certificate + courier charges
Remat Rs 20 per 100 shares or part thereof subject to a minimum of Rs 50 per request ₹150 per certificate + courier charges
Pledge Creation Rs 50 per Transaction ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Creation Confirmation Rs 50 per Transaction ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure Rs 50 per Transaction ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure Confirmation Rs 50 per Transaction ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Invocation Rs 50 per Transaction ₹20 + Rs. 12 per request (CDSL Charges)
Failed Instruction Charges Rs 10 per failed instruction ₹50
Other Charges Late charges Rs 10 per Transaction, Rs.1999 - Fixed On Market Transaction Charges (wherever applicable). Stock lending/Borrowing - 0.02% of Market value - Minimum Rs 30 per Transaction Nil
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Special Offers,Advantages,Disadvantages

Compare BlinkX vs Groww on Special Offers and Promotion

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

Compare BlinkX vs Groww on Special Offers and Promotion
  BlinkX Groww
Pay In and Pay Out Options BlinkX vs Groww - Pay In and Pay Out Options UPI, Net Banking pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time BlinkX vs Groww - Payout Time 24 hours Max 24 hrs except bank holidays
Bank Supported and Charges BlinkX vs Groww - Bank Supported and Charges Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform.
Bank Detail Info Not Available
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.
  • Advance orders like cover orders, GTT orders, and AMO orders

Detail Review...

  • Trade or invest in equity, F&O, mutual funds, IPO, US Stocks
  • Rs 0 account opening fee with no AMC
  • Best UI Interface-enabled app and website
  • Equity and F&O trading at Rs 20 maximum brokerage
  • No cost investment in direct mutual funds.
  • TradingView charts and wide range of technical indicators
  • Advance orders like GTT, Target order, and Basket order
  • Get instant and flexible loans on Groww
  • Get the latest trending news and updates on the Groww Digest

Detail Review...

Dislikes
  • No installable trading terminal.
  • Does not provide direct mutual funds.
  • BlinkX does not offer commodity trading.
  • Bracket order is not available.
  • Delivery trading is not free in the default brokerage plan.

Detail Review...

  • Does not offer commodity and currency trading
  • No desktop trading terminal
  • Bracket order and cover order are not available
  • No intraday trading tips and stock research reports
  • NRIs cannot open an account in Groww

Detail Review...

Special Offers/Promo Free account opening, zero Demat AMC for first year, zero brokerage intraday trading, unlimited trading plan (equity, NSE F&O, and currency) at Rs 799 for 6 months
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2024-02-22T06:28:16+00:00