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BlinkX Vs TradeSmart: Which one is better?

Both the brokers are registered with SEBI. BlinkX offers investmenet in Equity, F&O and Currency only, where TradeSmart offers investment in Equity, F&O, Currency and Commodities.. The brokerage of BlinkX Max 0.01% to 0.25% per trade while the brokerage of TradeSmart Max Rs 15 per trade. Both the brokers are Discount Brokers. BlinkX is having overall lower rating compare to TradeSmart. BlinkX is rated only 3.5 out of 5 where TradeSmart is rated 4 out of 5. Number of active customer for TradeSmart is 30,376 where number of active customer for BlinkX is 1. TradeSmart is serving more customer compare to BlinkX.

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

  BlinkX Compare
BlinkX
TradeSmart Compare
TradeSmart
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 BSE, NSE, MCX, NCDEX
Active Clients 1 30,376
Broker Overview Free account opening, powerful and high-speed BlinkX trading app with a user-friendly interface, zero brokerage unlimited trading plan, JM financial research & advisory, and personalized assistance with dedicated relationship manager make BlinkX ... Know more about BlinkX Open TradeSmart Account to trade at either 0.007% or Rs. 15 lowest flat brokerage charges on the best platforms (SINE mobile app and trading website, and TradeSmart App), and get active customer support.
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare BlinkX vs TradeSmart on Trading & Demat Account Opening Charges

Comparison of BlinkX with TradeSmart on trading & demat account opening charges and AMC. Trading account opening charges - BlinkX offer Free account opening where TradeSmart charges Rs 200 for account opening. Demat AMC charges - BlinkX charges Rs 300 (Free for 1st year) AMC for Demat account where TradeSmart charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare BlinkX with TradeSmart
Charges BlinkX TradeSmart
Trading Account Opening Fees Free Rs 200
Trading AMC Free Free
Demat Account Opening Fees Free Rs 200
Demat AMC Rs 300 (Free for 1st year) Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare BlinkX vs TradeSmart on Plan Options

Plans are the most important feature you look when compare BlinkX with TradeSmart. 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 TradeSmart doesn't offer

Compare BlinkX with TradeSmart on Plan Options
Plan Types BlinkX TradeSmart
Multiple Plans Yes Yes
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 TradeSmart on Brokerage Charges

BlinkX Brokerage Plan detail - Standard brokerage plan (Default plan) of Blinkx charges a fixed percentage of trading value as brokerage in delivery and futures segment whereas options trading is charged at flat fee of Rs 20 per lot.

TradeSmart Brokerage Plan detail - 15 Rs Flat-rate power plan is good for big volume trader. This plan is good for traders who are not doing frequent trades but doing volume trade. This plan comes with up to 30x exposure on Equity.

Brokerage Charges - Compare BlinkX with TradeSmart
Brokerage Charges Compare BlinkX TradeSmart
Plan Name Standard brokerage plan Flat Fee Rs 15 Trading Plan (Power Plan)
Equity Delivery 0.25% Flat Fee Rs 15
Equity Intraday Free Flat Fee Rs 15
Equity Futures 0.01% for each leg (Both Side) Flat Fee Rs 15
Equity Options Flat fee Rs 20 per lot for each leg Flat Fee Rs 15
Currency Futures 0.01% for each leg (Both Side) Flat Fee Rs 15
Currency Options Flat fee Rs 20 per lot for each leg Flat Fee Rs 15
Commodity Trading NA Flat Fee Rs 15
Minimum Brokerage NIL NIL
Hidden Charges No No
Funding 18% per annum No
Call & Trade Charges Rs 50 per order Rs 20 per executed Order
Auto Square off Charges Rs 50 per order Rs 20 per executed Order
Brokerage Calculator Brokerage Calculator for BlinkX Brokerage Calculator for TradeSmart
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Share Broker's Transaction Charges

Compare BlinkX vs TradeSmart on Transaction Charges

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

Transaction Charges - Compare BlinkX with TradeSmart
Transaction Charges Compare BlinkX TradeSmart
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 Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for blinkx Complete Brokerage Plans for trade-smart-online
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Account Features

Compare BlinkX vs TradeSmart on Account Features

Compare BlinkX with TradeSmart 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 - TradeSmart offers Algo Trading where BlinkX doesn't offers Algo Trading. Margin Funding - BlinkX offers a margin funding where TradeSmart doesn't offers margin funding. NRI Trading - BlinkX offers NRI where TradeSmart doesn't offers NRI Trading.

Account Features - BlinkX with TradeSmart
Account Features Compare BlinkX TradeSmart
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 Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare BlinkX vs TradeSmart on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w BlinkX and TradeSmart. 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 TradeSmart
Trading Platform Compare BlinkX TradeSmart
Desktop Trading Platform BlinkX NEST Trader & Fox Trader
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://sine.tradesmartonline.in/userMaster/login
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App BlinkX Sine
Mobile Trading App Demo BlinkX Demo Sine Demo
Android Mobile App Yes Yes
Android App Download Andriod BlinkX Download Andriod Sine Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS BlinkX Download iOS Sine 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 TradeSmart
Futures Brokerage Calculator Futures Brokerage Calculator for BlinkX Futures Brokerage Calculator for TradeSmart
Options Brokerage Calculator Options Brokerage Calculator for BlinkX Options Brokerage Calculator for TradeSmart
Detail Detail on Trading Platforms for blinkx Detail on Trading Platforms for trade-smart-online

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Broker Ratings by Users

Compare BlinkX vs TradeSmart on User Rating

  BlinkX TradeSmart
  22 Customer Reviews    Rate BlinkX 34 Customer Reviews    Rate TradeSmart
Fees Ratings 4.0 3.9
Trading Brokerage Rating 4.8 4.4
Trading Platform Usability 3.7 3.7
Customer Service Ratings 3.9 4.0
Overall Ratings 4.2 4.0
Broker Rating BlinkX is Rated 4.2 / 5 based on 22 customer reviews TradeSmart is Rated 4.0 / 5 based on 34 customer reviews
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Investment Offerings

Compare BlinkX vs TradeSmart on Investment Offerings

Compare BlinkX with TradeSmart 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 offers trading options in Commodity (MCX). Online Mutual Fund Investment - BlinkX offers online mutual fund investment option where TradeSmart doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare BlinkX with TradeSmart
Investment Offerings Compare BlinkX TradeSmart
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes No
Mutual Funds Yes No
Bond / NCD Yes No
ETF Yes Yes
Banking No No
Insurance No No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment Yes No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare BlinkX vs TradeSmart on Order Types

Order Type - Compare BlinkX with TradeSmart 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) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - TradeSmart 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- Both broker doesn't support Good Till Cancelled (GTC) orders.

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

Compare BlinkX vs TradeSmart on Customer Service

Compare BlinkX with TradeSmart 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 TradeSmart
Customer Service Compare BlinkX TradeSmart
24/7 Customer Service BlinkX vs TradeSmart - 24x7 customer support No No
Email Support BlinkX vs TradeSmart - Email Support Yes Yes
Onine Live Chat BlinkX vs TradeSmart - Onine Live Chat Yes Yes
Phone Support BlinkX vs TradeSmart - Phone Support Yes Yes
Toll Free Number BlinkX vs TradeSmart - Toll Free Number No No
Through Branches BlinkX vs TradeSmart - Through Branches Yes No
Customer Care Number BlinkX vs TradeSmart - Customer Care Number 992091444 022 61208000
Account Opening Process BlinkX vs TradeSmart - Account Opening Process Paperless onboarding Online/Paperless
Customer Support Email BlinkX vs TradeSmart - Customer Support Email [email protected] [email protected]
Knowledge Center/Education BlinkX vs TradeSmart - Knowledge Center/Education https://blinkx.in/en/knowledge-base/ https://help.tradesmartonline.in/
Head Office Address BlinkX vs TradeSmart - Head Office Address/Corporate Address
Great Oasis, 8th floor,
Marol Industrial Area, MIDC Road - 21,
Marol, Andheri (E), Mumbai
Trade Smart Online,
A-401, Mangalya,
Marol Maroshi Road,
Andheri East,
Gamdevi, Marol,
Andheri East,
Mumbai, MH 400059
Website BlinkX vs TradeSmart - Company Website https://blinkx.in/ https://tradesmartonline.in/
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Tips/Research/Reports Published

Compare BlinkX vs TradeSmart on Research Reports, Tips

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

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

Compare BlinkX vs TradeSmart on Demat Account

Compare BlinkX with TradeSmart 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 TradeSmart is ₹300 pa 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 TradeSmart is ₹25.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 TradeSmart
  BlinkX TradeSmart
DP Source CDSL CDSL
DP ID BlinkX vs TradeSmart - DP ID IN-DP-541 30400
Demat Account Annual Maintenance Charges(AMC) Rs 3500/- For 5 Years ₹300 pa
Advance Deposit Nil NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) Rs 15 per Transaction ₹25
Demat Rs 35 per Request plus Rs 3 per certificate subject to a minimum of Rs 50 per request ₹500 per certificate (Min ₹500 per request)
Remat Rs 20 per 100 shares or part thereof subject to a minimum of Rs 50 per request ₹500 per certificate (Min ₹500 per request)
Pledge Creation Rs 50 per Transaction ₹200 per script
₹50 for trading margin each side
Pledge Creation Confirmation Rs 50 per Transaction Nil
Pledge Closure Rs 50 per Transaction ₹200 per script
Pledge Closure Confirmation Rs 50 per Transaction Nil
Pledge Invocation Rs 50 per Transaction ₹200 per script
Failed Instruction Charges Rs 10 per failed instruction Nil
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 TradeSmart on Special Offers and Promotion

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

Compare BlinkX vs TradeSmart on Special Offers and Promotion
  BlinkX TradeSmart
Pay In and Pay Out Options BlinkX vs TradeSmart - Pay In and Pay Out Options UPI, Net Banking Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SIGN Mobile, SIGN Web and NEST Software.
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time BlinkX vs TradeSmart - Payout Time 24 hours Up to 24 Hrs except Bank Holidays.
Bank Supported and Charges BlinkX vs TradeSmart - Bank Supported and Charges Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms.
Bank Detail VNS Finance and Capital Services Ltd.,
Account Number:VNS095XXXXXXX
Bank and Branch: Yes Bank,CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
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 Zero brokerage unlimited trading plan. (Current offer price: Rs 799)
  • Margin trading and loans against securities.
  • Invest in WealthBasket - a basket of stocks compiled by experts.
  • Invest in mutual funds, IPO, bonds, NCDs, and SGBs.
  • Advance orders like cover order, GTT order, AMO order.

Detail Review...

Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading?

  • Trade in stocks, derivatives, currencies, and commodities.
  • Lowest brokerage: Trade at 15 flat brokerage fees.
  • Multiple trading platforms: SINE, TradeSmart App, Nest Trader, Fox Trader, etc.
  • Super-efficient Trade Smart Box integrated back office portal.
  • Tradetron Algo Trading with TradeSmart.
  • No minimum balance is required.
  • Instant UPI fund transfer.
  • Free of cost Swing API.
  • Apply for IPOs online using UPI.
  • Online Direct mutual fund investment at Rs.0 brokerage.
  • Online brokerage calculator to calculate trading cost upfront.
  • TradeSmart blogs, newsroom, and Knowledge hub for beginners to experts.
  • Advanced orders like bracket order (BO), cover order (CO), and after-market order (AMO).
  • Margin against shares (MAS) in your Demat account.
  • No Hidden charges.

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...

There are several disadvantages or limitations as well of trading with TradeSmart such as follows;

  • You cannot invest in SME IPOs.
  • TradeSmart App is only available on the Play Store.
  • NRIs cannot open a Demat and Trading account at Trade smart.
  • It does not provide trading tips, research, and portfolio management services.

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 Free Account Opening, Rs 400 Waived for a limited time.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2024-02-13T23:04:23+00:00