AxisDirect Vs BlinkX (Compare AxisDirect and BlinkX)

About AxisDirect

Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDirect brand. AxisDirect is among the top 10 stock brokers in India with over 4.2 lakhs active customers. AxisDirect offers investment in Equities, Mutua... Know more about AxisDirect

About BlinkX

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 mar... Know more about BlinkX

AxisDirect Vs BlinkX

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Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India. Incorporated in 2022, BlinkX is a Discount Broker. It offers trading at BSE, NSE. It has 0 branches across India.

Ā AxisDirectBlinkX
Type of BrokerFull Service BrokerDiscount Broker
Exchnage MembershipBSE, NSE, MCXBSE, NSE
Year of Incorporation20062022
Number of Branches560
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AxisDirect Vs BlinkX Charges & AMC

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AxisDirect trading account opening charges is Rs 0 while BlinkX account opening changes is Rs 0 (Free). AxisDirect Demat Account AMC Charges is Rs 750 (free for 1st year) and BlinkX Demat Account AMC Charges is Rs 300 (Free for 1st year).

Ā AxisDirectBlinkX
Trading Account Opening ChargesRs 0Rs 0 (Free)
Trading Account AMC ChargesRs 0
Demat Account Opening ChargesRs 0Rs 0 (Free)
Demat Account AMC ChargesRs 750 (free for 1st year)Rs 300 (Free for 1st year)

AxisDirect Vs BlinkX Brokerage

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AxisDirect brokerage charges for equity is 0.50% (Each Leg) and intraday is 0.05% (Each Leg) whereas BlinkX brokerage charges for equity is Rs 0 (Free) and intraday is Rs 0 (Free).

Account TypeAxisDirect Standard Brokerage PlanBlinkX 2-month-plans starting from Rs 249
Fixed ChargesNA
Equity Delivery0.50% (Each Leg)Rs 0 (Free)
Equity Intraday0.05% (Each Leg)Rs 0 (Free)
Equity Futures0.05% (Each Leg)Rs 0 (Free)
Equity OptionsRs 20 Per OrderRs 0 (Free)
Currency Futures0.03% (Each Leg)Rs 0 (Free)
Currency OptionsRs 20 Per OrderRs 0 (Free)
Commodity Futures0.03% (Each Leg)
Commodity OptionsRs 50 per lot
Special Offer
Special Offer:

Zero Intraday Brokerage with Axis Direct!
Why pay more to trade?

MTF Interest – 9.99% p.a.
Options – ₹20 per trade

šŸ”“ Open Account – FREE

ā± 5 min | 100% Online | Paperless

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

AxisDirect Vs BlinkX Brokerage Plan 2

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Ā AxisDirectBlinkX
Account TypeStandard Brokerage Plan6-month-plans starting from Rs 599
Fixed ChargesNA
Equity Delivery0.50% (Each Leg)Rs 0 (Free)
Equity Intraday0.05% (Each Leg)Rs 0 (Free)
Equity Futures0.05% (Each Leg)Rs 0 (Free)
Equity OptionsRs 20 Per OrderRs 0 (Free)
Currency Futures0.03% (Each Leg)Rs 0 (Free)
Currency OptionsRs 20 Per OrderRs 0 (Free)
Commodity Futures0.03% (Each Leg)
Commodity OptionsRs 50 per lot
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AxisDirect Vs BlinkX Brokerage Plan 3

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Ā AxisDirectBlinkX
Account TypeStandard Brokerage Plan12-month plans starting from Rs 899
Fixed ChargesNA
Equity Delivery0.50% (Each Leg)Rs 0 (Free)
Equity Intraday0.05% (Each Leg)Rs 0 (Free)
Equity Futures0.05% (Each Leg)Rs 0 (Free)
Equity OptionsRs 20 Per OrderRs 0 (Free)
Currency Futures0.03% (Each Leg)Rs 0 (Free)
Currency OptionsRs 20 Per OrderRs 0 (Free)
Commodity Futures0.03% (Each Leg)
Commodity OptionsRs 50 per lot
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AxisDirect Charges Vs BlinkX

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Minimum BrokerageRs 25 per trade
Other Charges
Call & Trade ChargesRs 20 per call (First 20 calls free for a month)Rs 0 (Free)
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AxisDirect Vs BlinkX Leverage (Margin)

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AxisDirect margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the BlinkX margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

Ā AxisDirectBlinkX
Equity Delivery100% of trade value (1x leverage)100% of trade value (1x leverage)
Equity IntradayUp to 20% of trade value (5x leverage)Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)100% of NRML margin (Span + Exposure) (1x leverage)100% of NRML margin (Span + Exposure) (1x leverage)
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Compare AxisDirect and BlinkX Features

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The trading platforms offered AxisDirect include DirectTrade, Axisdirect Web, Axisdirect Mobile. BlinkX offers BlinkX - Online Trading App trading software.

Ā AxisDirectBlinkX
3 in 1 AccountYesNo
Automated TradingNoNo
Margin Trading FundingYesYes
Margin Against Shares (Equity Cash)YesYes
Margin Against Shares (Equity F&O)YesYes
Trading PlatformDirectTrade, Axisdirect Web, Axisdirect MobileBlinkX - Online Trading App
Intraday Square-off Time3:153:10 PM
Trading In SME Shares Allowed?NoNo
Referral ProgramYesNo
Other Features
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AxisDirect Vs BlinkX Review

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AxisDirect is rated of 5 based on 89 customer reviews whereas BlinkX is rated of 5 based on 7 customer reviews.

Ā AxisDirectBlinkX
Ā 89 Customer Reviews Ā Ā Ā Rate AxisDirect7 Customer Reviews Ā Ā Ā Rate BlinkX
FeesRated 2.0 starsRated 4.0 stars
BrokerageRated 1.8 starsRated 4.1 stars
Trading PlatformRated 2.5 starsRated 2.7 stars
Customer ServiceRated 2.1 starsRated 3.0 stars
Research CapabilitiesRated 2.7 starsRated 3.1 stars
Overall RatingRated 2.0 starsRated 2.9 stars
Broker RatingAxisDirect is Rated 2.0 / 5 based on 89 customer reviewsBlinkX is Rated 2.9 / 5 based on 7 customer reviews

Contact Broker / Request A Call Back

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Ā AxisDirectBlinkX
Contact Broker

Zero Intraday Brokerage with Axis Direct!
Why pay more to trade?

MTF Interest – 9.99% p.a.
Options – ₹20 per trade

šŸ”“ Open Account – FREE

ā± 5 min | 100% Online | Paperless

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

AxisDirect Vs BlinkX Investment Options

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Ā AxisDirectBlinkX
Stock / EquityYesYes
CommodityYesNo
IPOYesYes
Mutual FundsYesYes
Bond / NCDYesNo
DebtYesYes

AxisDirect Vs BlinkX Order Type Offered

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Ā AxisDirectBlinkX
Bracket OrderNoNo
Cover OrderYesNo
Buy Today Sell Tomorrow (BTST)YesYes
Sell Today Buy Tomorrow (STBT)NoYes
After Market Order (AMO)NoYes
Good Till Cancelled (GTC)YesNo
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AxisDirect Vs BlinkX Suitable For Investor Type

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Ā AxisDirectBlinkX
Casual InvestorYesNo
Active InvestorNoNo
TraderNoNo

AxisDirect Vs BlinkX - Pros and Cons

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Ā AxisDirectBlinkX
Pros
  1. Free research reports
  2. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
  • There is no minimum brokerage fee.
  • Free Mutual Funds investment.
  • Get bank interest on cash deposited in the trading account.
  • 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.
  • Live chat for Instant Assistance (24*7 support).
Cons
  • Minimum Average Quarterly Balance(AQB) of Rs 75,000 in bank account is required. Rs 250 per month fee if minimum balance not maintained.
  • Charges Rs 250 per month fee if you are not an axis bank customer.
  • Install-able trading terminal cost at Rs 2999 per year which is mostly free by all discount brokers
  • Higher commodity and currency trading brokerage.
  • Call & Trade is charged Rs 20 extra per trade
  • 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.
Reviews
Promo / Offers

AxisDirect Special Offer

Zero Intraday Brokerage with Axis Direct!

  • Intraday Brokerage FREE
  • Margin Trading at just 9.99% p.a.
  • Options Brokerage at ₹20 per trade

Limited-time offer!
Open your instant Axis Direct account online and start trading today.

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

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